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1. Taxes versus the Necessities of Life: The Canadian Consumer Tax Index, 2016 Edition

   The Canadian Consumer Tax Index tracks the total tax bill of the average Canadian family from 1961 to 2015. Including all types of taxes, that bill has increased by 1,939% since 1961. Taxes have grown much more rapidly than any other single ...

2. The Price of Public Health Care Insurance, 2016 edition

   Main conclusions: Canadians often misunderstand the true cost of our public health care system. This occurs partly because Canadians do not incur direct expenses for their use of health care, and partly because Canadians cannot readily determine the value ...

3. This year, Canadians celebrated Tax Freedom Day on June 7

   Canadians celebrated Tax Freedom Day on June 7 this year. That means if you had to pay your annual tax bill up front, you’d give government every dollar you earned before Tax Freedom Day. It’s only from June 7 onward that you’re finally ...

4. Canadians Celebrate Tax Freedom Day on June 7, 2016

   In 2016, the average Canadian family will earn $105,236 in income and pay a total of $45,167 in taxes (42.9%). If the average Canadian family had to pay its total tax bill of $45,167 up front, it would have worked until June 6 to pay the total tax bill ...

5. Measuring Personal Income Tax Complexity in Canada

   Canadian families and businesses incur significant costs complying with the tax system. Those costs include direct spending on items such as accountants, lawyers, and computer software, as well as the financial cost of the time it takes to compile the ...

6. The Private Cost of Public Queues for Medically Necessary Care, 2016 edition

   One measure of the privately borne cost of wait times is the value of time that is lost while waiting for treatment. Valuing only hours lost during the average work week, the estimated cost of waiting for care in Canada for patients who were in the queue ...

7. Why did the planned surplus in 2015/16 turn to deficit? Higher federal spending

   With much of the focus on last week’s federal budget being on the $29.4 billion deficit expected in 2016/17, an important takeaway that largely flew under the media radar is what caused the surplus that the former government had planned ...

8. Canada's Rising Personal Tax Rates and Falling Tax Competitiveness

   In December 2015, Canada’s new Liberal government introduced changes to Canada’s personal income-tax system. Among the changes for the 2016 tax year, the federal government added a new income-tax bracket, raising the top tax rate from 29% to 33% on ...

9. Ontario Budget: dark cloud of government debt continues to hang over the province

   Today, the Wynne government tabled a budget with a bit of good news for Ontarians. Specifically, we learned that the operating deficit in 2015/16 will be somewhat smaller (at $5.7 billion) than was previously expected ($7.5 billion)—due ...

10. Measuring the Fiscal Performance of Canada's Premiers, 2016

    The relative fiscal performance of 10 Canadian premiers (six current and four former) is measured up to the 2014/15 fiscal year for three components of fiscal policy: government spending, taxes, and deficits and debt. Overall, the premiers ranked (of 10) ...