There are times when a problem can be solved with a small fix and perhaps a little tinkering. And there are times when a big fix or fundamental reform is needed. Quebec’s government finances fall into the latter category.
This year’s Economic Freedom of North America 2014 (EFNA) report shows that, once again, while we are the United States, our states have bigger differences than climate, seasons and terrain.
Alberta Premier Jim Prentice is in the midst of formulating his first budget and the fiscal path of the province while watching oil prices continue to decline.
When French President Francois Hollande visited Canada recently, one hopes the Gallic leader looked around. If he did, he would have noticed a stark difference in the economic opportunities between the two countries with the advantages mostly on this side of the Atlantic.
Prime Minister Stephen Harper recently announced his government will introduce income splitting for tax purposes at an annual cost of roughly $2 billion.
« Nous voulons que les Québécois paient moins d’impôt et de taxes », a affirmé Philippe Couillard, premier ministre du Québec en attendant que la commission spéciale chargée d’améliorer la compétitivité du régime fiscal provincial dépose ses recommandations. La déclaration du premier ministre est un signe positif : on commence à entrevoir la possibilité d’un changement.
From the fur trade to fisheries and forests, Canada was built on the toil and sweat of those who wanted to prosper. But these days, it’s harder to create opportunity. And sometimes, government is to blame. The latest example comes from Nova Scotia.