Federal COVID-19 assistance lacks targeting

Canada needs to ensure effective use of resources. That means making certain that relief funds go to those genuinely in need

Federal COVID-19 assistance lacks targetingBy Jason Clemens and Milagros Palacios The Fraser Institute There was a time when the policy debate in Canada focused on how generous government assistance should be for those in ‘need,’ mainly low-income Canadians. That resulted in targeted programs such as welfare for the working-age population, Old Age Security and the Guaranteed Income Supplement for…

Ontario budget update misses mark in face of COVID-19

The plan is based on unrealistic assumptions that pose real risks to Ontario finances and includes spending likely to be ineffective

Ontario budget update misses mark in face of COVID-19By Jason Clemens and Niels Veldhuis The Fraser Institute With all the announcements last week by the federal government, and the drama surrounding the passage of the federal spending bill, the Ontario fiscal update went largely unnoticed. But since Ontario is Canada’s largest province – in population and the size of its economy – so…

Federal finances perilous but Morneau oblivious

Canada’s economy is weakening with storm clouds on the horizon while federal finances are woefully unprepared for a recession

Federal finances perilous but Morneau obliviousBy Jason Clemens, Jake Fuss and Milagros Palacios The Fraser Institute It’s hard to recall a time when Canada’s finances were so perilously close to rapidly deteriorating with seemingly little or no interest in Ottawa. Federal Finance Minister Bill Morneau has been making the rounds since releasing the fall economic update last month, reassuring Canadians…

Federal government tax cuts miss the mark

We need smart tax cuts that improve incentives for workers, entrepreneurs and investors, along with a balanced budget

Federal government tax cuts miss the markBy Jason Clemens, Jake Fuss and Tegan Hill The Fraser Institute Finance Minister Bill Morneau recently confirmed the federal government’s intention to reduce personal income taxes for everyone except “higher-income earners.” With total taxes (federal, provincial and local) consuming 44.7 per cent of the average family’s income in 2019, it’s easy to see why Canadians…

Keep federal government from messing with education

Canada's kindergarten-to-Grade 12 system flourishes because it's controlled by the provinces, which often show great innovation and creativity

Keep federal government from messing with educationBy Jason Clemens and Tegan Hill The Fraser Institute One of Canada’s great political strengths is that we’re a federalist country, meaning we have constituent provinces with significant powers that are distinguishable from the national government. This separation of powers, at least theoretically, allows the country to split the responsibility for different programs between the…

CPP takes bigger bite from Canadians

But much of the justification for expanding the pension plan is debatable or downright wrong

CPP takes bigger bite from CanadiansBy Jason Clemens, Jake Fuss and Milagros Palacios The Fraser Institute Canadians likely noticed that their first paycheque of 2019 was slightly smaller than in 2018, even if they got a raise. The decline in after-tax income is because the first of several tax increases to finance an expanded Canada Pension Plan (CPP) took effect…

Canadian competitiveness lags because of U.S. tax reform

635,000 Canadian jobs, $85 billion in GDP and $20 billion in government revenue could be at risk

Canadian competitiveness lags because of U.S. tax reformBy Jake Fuss and Jason Clemens The Fraser Institute In professional sports, when a championship-calibre team adds another star player in the offseason, it has the potential to affect the level of competitiveness in the entire league. Tax changes can act in a similar way: when the United States implemented its tax reform policies in…

Ballooning federal deficit will only worsen if economy sours

Based on historic trends, Canada is due for an economic slowdown. This means the government needs to move toward a balanced budget now

Ballooning federal deficit will only worsen if economy soursBy Jason Clemens, Milagros Palacios and Niels Veldhuis The Fraser Institute An end-of-year poll by the Angus Reid Institute showed increased concern among Canadians about government spending and deficits. It's a well-founded concern. Government spending and the economy share top spot as the chief issues of concern. Notably, federal finances remain in the red despite…

Scaling back CEO pay will drive top talent away

Introducing new regulations and taxes to diminish executive pay will ultimately damage the Canadian economy

Scaling back CEO pay will drive top talent awayBy Jason Clemens and Joel Emes The Fraser Institute Along with the perennial new year resolutions, January also typically features a swath of commentaries decrying the pay of chief executive officers and demands for new regulations and taxes. But these calls for ever-larger government interventions on entrepreneurs and businesses miss the bigger picture – and risk…

Canadians shun moving to Quebec

Its inability to attract people is a sign of deep problems in the province

Canadians shun moving to QuebecBy Jason Clemens and Yanick Labrie The Fraser Institute Observing patterns in how Canadians chose to leave one province for another is a powerful way to gauge what’s working and what’s not. Uprooting one’s family, disposing of assets, searching for a new job, and leaving the confines of what is known in search of something…
1 2 3