What’s Next for BC’s Carbon Tax?

The Minister leading up BC’s Carbon Tax Review, Kevin Falcon, may be gone – his departure came just as the deadline for submissions was closing – but the carbon tax lives on. For now. Back in 2008 when the carbon tax was announced, it was scheduled to rise from an…
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Dead Money

Kudos to Bank of Canada Governor Mark Carney for raising the profile of the over $500 billion Canadian corporations are holding in excess cash surpluses and not investing in the economy, which garnered front page coverage (and kudos to the CAW for inviting him to speak). It’s not the first time he’s…
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Canada’s Mean Test: Myths behind neo-con madness

It’s difficult to overstate the significance of the Quebec student strike (the longest in North American history) and resultant public backlash against the provincial government’s Orwellian response. Not that you’d know it. According to mainstream (predominantly) English media, Montreal is being held hostage by a handful of scruffy, possibly naked,…
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How To Fix Income Inequality

Trish Hennessy is Director of Strategic Issues with the Canadian Centre for Policy Alternatives. Several polls released this spring reveal the extent of concern among Canadians about worsening income inequality. Most Canadians say that deep income inequality undermines Canadian values. The majority of Canadians tell pollsters they would support political…
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Duel of the Saskatchewan Expatriates

Last week, I had the following letter in The Globe and Mail: Oil sands royalties The Canadian Association of Petroleum Producers’ most recent Statistical Handbook indicates that, in 2010, this industry sold $101-billion of oil and gas but paid only $12-billion in resource royalties. Even Senator Pamela Wallin’s higher figure…
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PBO Strikes Again

I wanted to tip my hat to the hard working folks at the PBO for a particularly revealing Economic and Fiscal Outlook that was published today. While the PBO has more than once eaten my lunch on various issues, they’ve done a superb job of looking at Canada’s economic and…
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Neil Reynolds’ Fuzzy Tax Math

If you need help with your tax return, don’t ask Neil Reynolds. His latest attack on the New Democrat proposal to collect modestly more tax from Ontario’s super-rich stated that “the province’s highest marginal rate on personal income would rise, federal and provincial rates combined, from 46.4 per cent to…
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