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Comparing Municipal Government Finances in Metro Vancouver, 2018 Edition
Municipal governments play an important role in the lives of British Columbians by providing important services and collecting taxes. But municipal finances do not receive the same degree of public scrutiny as the finances of senior governments. This can ...
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Expansion of the Canada Pension Plan and the Unintended Effect on Domestic Investment
Beginning in 2019, mandatory contributions by Canadian workers to the Canada Pension Plan (CPP) will increase, step by step, over seven years. While the expansion of the CPP may be well intentioned, it will result in several unintended consequences. One ...
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Towards a Better Understanding of Income Inequality in Canada
In recent years, income inequality has become one of the most animating—and unfortunately most misunderstood—economic and social issues of our time. Sparked by the 2008-09 recession, the well-deserved backlash against corporate bailouts, the Occupy Wall ...
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The Myth of Middle-Class Stagnation in Canada
A frequently heard complaint is that for the past several decades middle-class workers and families in Canada have stagnated economically. A typical rendition of this claim appears in the 2016 federal budget from the Department of Finance in Ottawa: ...
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Rates of return for expanded CPP remain meagre
Last month, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will require workers to pay more into the program starting in 2019 in exchange for higher CPP retirement benefits ...
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Rates of return for expanded CPP remain meagre
Last month, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will require workers to pay more into the program starting in 2019 in exchange for higher CPP retirement benefits in the future. As ...
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Comparing Recent Economic Performance in Canada and the United States: A Provincial and State-Level Analysis
Conventional wisdom holds that Canada weathered the global financial crisis and recession better than most industrialized countries, particularly the United States. It is certainly true that overall, Canada has performed better economically than the ...
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Reforming Federal Personal Income Taxes: A Pro-Growth Plan for Canada
After seven years of consecutive budgetary deficits, the federal government appears poised to balance its budget in 2015 and has signalled that its top, post-deficit priority is “examining ways to provide further tax relief for Canadians.” Reductions in ...
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Comparing Municipal Government Finances in Metro Vancouver
Municipal governments play an important role in the lives of British Columbians by providing important services and collecting taxes. But municipal finances do not receive the same degree of public scrutiny as more senior governments. This can pose a ...