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1. Higher capital gains tax would hurt Canada's economic recovery

   Appeared in the Financial Post, February 4, 2021 Context is important. Most economists, including Bank of Canada Governor Tiff Macklem, agree that investment must be the foundation for economic recovery. Unfortunately, Canada's performance on ...

2. Capital gains tax hike would hurt many Canadians—not just the rich

   Appeared in the Toronto Sun, January 20, 2021 A key consideration in any serious discussion about taxes is what the general public—specifically voters—will support. This is the main reason why Ottawa has not raised the GST. It’s also why advocates for ...

3. Correcting Common Misunderstandings about Capital Gains Taxes

   This essay reviews some of the common misunderstandings related to capital gains and their taxation. First, a significant body of research concludes that taxes on capital are among the most economically damaging. Two of the more important adverse effects ...

4. Misunderstandings about capital gains taxes

   Late last year we released a study showing how a province, specifically Alberta, could eliminate the provincial portion of the capital gains tax to lower the overall capital gains tax rate an entrepreneur, business owner or investor faces ...

5. Reforming Capital Gains Taxes in Alberta

   Capital gains taxes impose comparatively large costs on the economy by discouraging needed activities such as entrepreneurship, investment, and savings. A number of industrialized countries such as Switzerland, New Zealand, the Netherlands, and ...

6. Too many analyses misrepresent capital gains income and taxes

   As the federal budget quickly approaches and rumours regarding a likely increase in capital gains taxes intensify, it’s worthwhile to consider how many of the analyses calling for higher capital gains taxes confuse capital gains income ...

7. To kill economic growth, hike the capital gain tax

   Appeared in the Financial Post, February 28, 2017 As the Liberal government finalizes its 2017 budget, there are increasing rumours that it may increase capital gains taxes. For a government squarely committed to improving economic growth and fostering ...

8. Capital gains tax reform may mitigate Canada’s damaging demographic trends

   Number of new start-ups per 100 incumbents, various size of firms, 2001-2012. Business startups and entrepreneurship drive productivity and economic growth. However, the rate of business startups in Canada is on the wane, falling 16.2 ...

9. Lessons from Abroad for Capital Gains Tax Reform

   Appeared in the Financial Post Like the late 1990s, the federal government is about to balance its budget after a period of consistent deficits and debt accumulation. While a variety of voices are sure to offer up ways to use the coming surpluses, Canada ...

10. Capital Gains Tax Reform in Canada: Lessons from Abroad

    The Canadian economy is currently sluggish. Low economic growth has broad implications including slower growth in employment, income, and living standards. Any debate about using future budgetary surpluses should focus on policy measures that can improve ...