Handouts are far costlier than emission tax revenues to fund reductions in other tax rates.
The plan doesn’t account for job losses, lower wages and reduced investment when calculating the impacts of the carbon tax on Canadian households.
Eighty-one per cent of middle-class families in Canada now pay higher income taxes.
The two biggest automatic stabilizers from Ottawa are income taxes and employment insurance payments.
We accord “stakeholders” special respect, when in many cases we should watch our wallets.
Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
Capital investment is a major source of labour productivity growth, particularly in Canada.
The ratio of household net worth-to-GDP has risen over time.