Canada has a food affordability problem

It is time for tax reductions to help consumers weather food inflation

Canada has a food affordability problemDid you know that there is a global food security index? The well-known magazine The Economist has just published its 11th edition. The Global Food Security Index comprises a set of indices from more than 120 different countries. Since 2012, the index has been based on four main pillars: food access, safety, sustainable development, and…

Trudeau’s luxury tax will harm blue-collar workers

Canadian workers will pay the price of this silly political posturing

Trudeau’s luxury tax will harm blue-collar workersHundreds of people who pull wrenches for a living have a unique point of view on Ottawa’s new luxury tax. Most of us might not be too bothered by a tax on super cars and private jets, and even the rich might not lose much sleep over paying a bit more for a yacht or…

The Trudeau government is making your life even harder

Increases to the Marginal Effective Tax Rate taking even more of your hard-earned money

The Trudeau government is making your life even harderNew Conservative leader Pierre Poilievre is correct when he says governments discourage work with taxes and clawbacks. The Marginal Effective Tax Rate (METR) measures what government takes from each new dollar earned in taxes and clawbacks of income-related government benefits. In his leadership acceptance speech and an August 19 video called “Make work pay,” Poilievre…

‘Making the rich pay’ doesn’t pay

Ottawa does not fully understand the consequences of its policy

‘Making the rich pay’ doesn’t payBy Nathalie Elgrably-Levy and Valentin Petkantchin The federal government’s new luxury goods tax, which took effect on September 1, targets luxury cars, private jets and yachts. Without originality, it is part of the traditional logic of taxation which aims to “make the rich pay.” However, we often forget the economic, indirect and longer-term effects, which…

Alberta needs a provincial sales tax like it needs a hole in the head

Alberta is the only province with no PST, saving its people billions of dollars per year

Alberta needs a provincial sales tax like it needs a hole in the headHere's the good news: the majority of United Conservative Party leadership candidates have pledged not to impose a Provincial Sales Tax (PST) or raise taxes on Albertans. Six UCP leadership candidates signed the Canadian Taxpayers Federation Pledge, which reads: "I will never impose a Provincial Sales Tax and I will not raise taxes." All of…

Newfoundland’s pop tax is nothing more than a (hidden) tax grab

12-pack of Coke or Pepsi will be slapped with nearly a dollar in new taxes

Newfoundland’s pop tax is nothing more than a (hidden) tax grabEverything Newfoundlanders put in their grocery cart is getting more expensive, and Newfoundland Premier Andrew Furey is about to hit one of their few affordable treats with a new hidden tax. He’ll tell you it’s because he wants Newfoundlanders and Labradorians to lose weight. But here’s the reality: it’s just another tax. As of Sept.…

Ottawa depending on economic blue skies to balance the budget

It’s time for Ottawa politicians to take deficits seriously again

Ottawa depending on economic blue skies to balance the budgetThere’s finally some good news for taxpayers: Instead of balancing the budget in 2070, the Parliamentary Budget Officer’s numbers now show Canadians can look forward to a balanced budget in only … wait for it … 20 years. Last year the Canadians Taxpayers Federation used PBO data to show the feds wouldn’t balance the budget…

Nova Scotia premier fights back against a massive federal carbon tax

Trudeau tax hike could bankrupt families across Nova Scotia

Nova Scotia premier fights back against a massive federal carbon taxNova Scotia Premier Tim Houston is sounding the alarm bell to warn Nova Scotians the Trudeau government is threatening to pummel taxpayers with a $2,000 tax hike. Four years ago, the Trudeau government unveiled its plan to tax Canadians to reduce global emissions. The feds declared that any province that refused to follow its lead…

New or enhanced tax credits up for grabs for Canadians

New or enhanced federal tax credits for surrogacy, first-time home buyers, and renovation expenses for multigenerational households moving ahead

New or enhanced tax credits up for grabs for CanadiansPlanning for the future can have many benefits if you know what’s up for grabs and can take advantage of programs and incentives. The federal Liberal government’s plans for new or enhanced tax credits for surrogacy, first-time home buyers, and renovation expenses for multigenerational households are moving ahead. The federal Department of Finance recently announced…

Time for Nova Scotia to end bracket creep

Nova Scotia Premier Tim Houston put a stop to a pay hike for MLAs and cut his own salary. Now for Part 2

Time for Nova Scotia to end bracket creepNova Scotia Premier Tim Houston got a big hit for taxpayers by putting a stop to a pay hike for MLAs and cutting his own salary. Now Houston has an opportunity to convert his single into a home run by ending the automatic tax hikes associated with bracket creep. Last month, an independent panel created…
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