Search
Search results
-
Canada’s finance minister apparently doesn’t understand the difference between taxes and transfers
The job of finance minister requires a wide breadth of knowledge and clear understanding of public finance. So it’s more than a little worrisome to see federal Finance Minister Bill Morneau (pictured above) display an apparent lack of ...
-
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 ...
-
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 ...
-
Trudeau government tax policies hurting families striving to join middle class
Increased government transfers make families more reliant on government. ...
-
Effect of Federal Income Tax Changes on Canadian Families Who Are in the Bottom 20 Percent of Earners
Since coming into office in 2015, Prime Minister Justin Trudeau’s government has made several major changes to the federal personal income tax system. This report examines how those tax changes affect Canadian families with children, focusing ...
-
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 ...
-
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 ...
-
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 ...
-
Prime Minister Trudeau thinks Canadians achieve better lives through government dependence
If families who receive CCB transfers begin to earn a higher income, their cash transfers will be reduced—a disincentive to hard work. ...
-
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 ...