Search

Search results

  1. Ottawa using bounty of robust growth to simply boost spending

    The recently-released 2018 federal budget calls for growth in both spending and revenues. Between 2017-18 and 2022-23, total revenues are forecast to grow from $309.6 billion to $373.9 billion—an increase of 21 per cent. After a three ...

  2. Call a spade a spade—CPP payroll tax is a tax

    Our recent study found that virtually all Canadian families with children will soon pay higher taxes due to federal income tax changes already in place and forthcoming increases to the Canada Pension Plan (CPP) payroll tax. If the ...

  3. Ten year-end facts Canadians need to know

    As we end 2017, here are 10 year-end facts Canadians should understand and consider as we enter 2018: • The total tax bill for the average Canadian family will exceed $35,000 in 2017, or 42.5 per cent of their income—more than what the ...

  4. Changing tax rules for diabetics—another missed opportunity for positive tax reform

    Many Canadians living with type 1 diabetes may see their income tax bill increase as a result of the Trudeau government’s revised interpretation of the Income Tax Act. According to Revenue Minister Diane Lebouthillier, “advances in ...

  5. Professor conflates taxes with transfers—just like the Trudeau government

    In a recent commentary in the Financial Post titled “Misleading the middle class,” Simon Fraser University professor Rhys Kesselman criticized our analysis of how federal tax policy changes have increased the amount of income tax paid by ...

  6. Business investment down, taxes up—bad news for Canadians

    With less than three months left in 2017, despite recent headlines espousing positive economic news, Canada’s economy faces many near and long-term challenges that the Trudeau government must consider as it crafts its fiscal update (due ...

  7. Proposed tax changes targeting private corporations fall short of comprehensive reform

    Yesterday the Trudeau government wrapped up consultations on its proposed tax changes targeting private corporations. The proposed changes are best described as a piecemeal approach that falls well short of the type of comprehensive tax ...

  8. According to Prime Minister Trudeau, redistribution is the new ‘tax relief’

    In the House of Commons on Tuesday, the prime minister admitted that many middle-class Canadians are now paying more taxes. ...

  9. 81% of middle-class families pay higher income taxes due to Trudeau government changes

    Prime Minister Justin Trudeau’s government has repeatedly claimed to have cut income taxes on middle-class Canadian families—a key campaign promise. But as a recent study finds, reality does not match the government’s rhetoric. When all ...

  10. Major changes to Canada’s federal personal income tax—1917-2017

    As a result of the funding demands of the First World War, Canada’s federal government introduced both a personal and corporate income tax in 1917. The advent of the personal income tax in particular marked a significant shift in federal ...