Peter Munk Centre for Free Enterprise Education
The taxman takes $17,800 in provincial taxes from the average Ontario family every year.
From 2014 to 2016, non-residential business investment in B.C. declined 19 per cent after accounting for inflation.
Current policies seem to largely ignore fact that tax changes affect behaviour.
The PC platform would not reduce the sky-high top marginal rate facing highly-skilled workers.
The Wynne government’s “Fair Hydro Act” borrows money, which must be paid back, to lower energy costs.
Ottawa has exacerbated the tax-rate gap between small businesses and employees.
Morneau raised the top personal income tax rate from 29 to 33 per cent.
The 10.5 per cent small business tax rate on the first $500,000 of income creates an incentive for many Canadian firms to stay small.