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New evidence shows higher minimum wage means fewer benefits for workers
Within the last year, every province in Canada has seen an increase in the minimum wage rate—most notably Canada’s most populous province, Ontario, saw an increase of 21 per cent from $11.60 to $14 per hour. But raising the minimum wage ...
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Deficit spending not a free lunch—it’s a bill to future taxpayers
Appeared in the Winnipeg Free Press, June 12, 2018 It’s official. According to the federal government’s fiscal monitor, Ottawa ran a $19.4 billion budget deficit for 2017/18. And this government’s appetite for deficit spending shows no signs of relenting. ...
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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 ...
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Prime Minister Trudeau conflates taxes and transfers in Question Period
Appeared in the Winnipeg Sun, June 5, 2018 In a recent exchange during Question Period, Prime Minister Justin Trudeau was again asked about a Fraser Institute analysis of how federal tax policy changes have increased the amount of income tax paid by the ...
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Federal purchase of Trans Mountain pipeline distorts incentives, sets dangerous precedent
Today, Finance Minister Bill Morneau (pictured above) announced that the federal government will purchase all assets related to the Trans Mountain pipeline. This includes the existing pipeline first built in the 1950s, and construction ...
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Raising B.C.’s minimum wage wrong way to help working poor
Appeared in the Vancouver Sun, May 29, 2018 On June 1, the minimum wage in British Columbia will increase from $11.35 to $12.65 per hour—the first in a series of hikes on route to $15.20 in 2021. That’s a 34 per cent increase in three years. Despite ...
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Provincial policies making B.C. inhospitable to investment
Appeared in the Whitehorse Daily Star, May 28, 2018 According to a new Angus Reid poll, more British Columbians think the province is on the “wrong track” than the right one. And indeed, there’s good reason to be concerned about B.C.’s policy direction. ...
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Increasing the Minimum Wage in British Columbia: A Flawed Anti-Poverty Policy
Main Conclusions As part of its effort to alleviate poverty, Premier John Horgan’s government plans on raising the minimum wage from $11.35 in 2018 to $15.20 per hour by 2021, a 34% increase over three years. But, raising the minimum wage is not an ...
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Morneau's Trans Mountain pipeline promise creates a dangerous precedent
After weeks of anticipation, federal Finance Minister Bill Morneau (pictured above) today announced that—in light of the uncertainty over the $7.4 billion Trans Mountain pipeline expansion project—the federal government will compensate ...
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Morneau tweet ignores evidence of Canada’s investment problem
Statistics Canada’s latest survey on investment intentions for 2018 found that private-sector investment is slated to fall again this year. ...