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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 ...
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Capital gains tax hike would be disastrous for economic recovery
Appeared in the Toronto Sun, February 3, 2021 As the Trudeau government prepares its 2021 budget, the first in almost two years, policymakers in Ottawa must make important decisions about Canada’s taxes and how best to promote economic growth and ...
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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 ...
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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 ...
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Horgan government eyes labour law change that would further stifle investment in B.C.
Appeared in Business in Vancouver, January 18, 2021 British Columbia, like the rest of the country, must encourage business investment to spur economic growth as the foundation for economic recovery now and post-COVID. With its recent majority mandate, ...
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Size of government matters for economic growth
The Trudeau government entered office in 2015 based largely a policy agenda to expand the role of government in the economy. At the same time, however, it promised to develop and implement policies based on evidence with a focus on ...
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Why differences between government and markets matters today—Public Choice in action, Part 2
The previous blog post explained a whole set of differences between the government and market sectors of our society and how those differences affect decision-making, incentives and performance in the two sectors. This second blog post ...
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Erroneous attacks won’t change data on Nova Scotia education
In a recent interview on the Rick Howe Show on News 95.7 in Halifax, the president of the Nova Scotia Teachers Union, Paul Wozney, was asked about a recent study published by the Fraser Institute tracking K-12 education spending in public ...