$6,000 revenue shortfall per annum for workers

We are told that wealth must first be created before it can be redistributed. Put like that, it sounds like a truism. We can still ask whether the wealth created is indeed redistributed in the end. That’s the question to which IRIS wanted to find an answer in its latest…
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GDP: Consumers to the Rescue

Following positive GDP numbers in April and May, Statistics Canada reported today that a sharp drop in June dragged Canada’s economic growth to a mediocre pace of 0.4% for the second quarter. June’s declines in manufacturing and resource extraction did further damage to industries that had declined in April and…
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Leaving Children Out in the Cold

Apparently people get all subjective when they talk about children. Thank goodness we have economists. Not those crazy “social welfare” people who are “lobbying the state for more resources for families with children.” Real economists. With real facts. Economists like Christopher Sarlo, from the Fraser Institute, who published a real…
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The Risky Business of Risk Transfer

Perhaps the most ubiquitous justification for the P3 model is the notion of “risk transfer.” The City of Regina’s argument for the P3 wastewater treatment plant borrows heavily on this argument, regularly touting the transfer of risk from the public to the private sector as a primary reason for the…
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What’s a Point of Corporate Tax Worth?

Tom Mulcair’s recently reiterated unwillingness to raise personal tax rates puts the spotlight on corporate taxes. But how much revenue is at stake? Three and a half years ago, I posted a fiscal breakdown of Harper’s corporate tax cuts and how much revenue could be retained by stopping or reversing…
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