Federal budget 2017 fails the middle class

While the budget is entitled “Building a Stronger Middle Class”, the government’s own projections prove the opposite is actually occurring

Federal budget 2017 fails the middle classBy Niels Veldhuis and Jason Clemens The Fraser Institute In listening to Finance Minister Bill Morneau deliver his government’s 2017 Budget, it’s clearly evident that the minister and his government believe their plan is working. “A year and a half ago, our government set out to deliver the kind of change that would make a…

Trudeau government looking at hiking capital gains tax

Just might be the single most damaging policy change the Liberal government could implement

Trudeau government looking at hiking capital gains taxBy Jason Clemens and Niels Veldhuis The Fraser Institute As the Liberal government finalizes its 2017 budget, there are increasing rumours that it may increase capital gains taxes. For a government squarely committed to improving economic growth and fostering innovation, doing so might just be the single most damaging policy change it could implement. Unlike…

Morneau’s ‘Plan for Middle Class Progress’ is anything but

The Trudeau government's Plan for Middle Class Progress cuts the country’s income by $131 billion over the next five years

Morneau’s ‘Plan for Middle Class Progress’ is anything butBy Niels Veldhuis and Jason Clemens The Fraser Institute Last week, Federal Finance Minister Bill Morneau released his government’s Fall Economic Statement titled A Plan for Middle Class Progress. As noted in the release, “Finance Minister Bill Morneau announced new measures to ensure middle class progress, and build on the momentum of Budget 2016.” If…

Federal deficits could hit nearly $200 billion over next 5 years

The Trudeau government believes significant increases in government spending drives economic growth

Federal deficits could hit nearly $200 billion over next 5 yearsBy Niels Veldhuis and Charles Lammam The Fraser Institute As the saying goes, a moving target is hard to hit. That is why repeated shifts in the federal government’s deficit and debt goals over the past six months have been of so much concern. What started as a promise to balance the budget within four…

Trudeau should learn from Chretien and Martin

The Chretien Liberals showed that smaller, smarter government, competitive taxes, and less debt is the foundation for a prosperous economy

Trudeau should learn from Chretien and MartinBy Niels Veldhuis and Jason Clemens The Fraser Institute As Prime Minister Justin Trudeau delivers his first budget next week, one that reportedly contains a deficit in excess of $30 billion, his government may want to consider the lessons learned by former Prime Minister Jean Chretien and then-finance minister Paul Martin. Back in the early…

There are several reasons to oppose CPP expansion

Current system already provides Canadians with an adequate standard of living upon retirement

There are several reasons to oppose CPP expansionBy Charles Lammam and Niels Veldhuis The Fraser Institute News reports following the meeting of Canada’s finance ministers suggest that the brakes will put on the federal government’s plan to expand the Canada Pension Plan (CPP). As Saskatchewan Finance Minister Kevin Doherty recently noted, “the last thing we need to do right now is impose…

Notley government policies reducing Albertans living standards

Recently implemented policies will negatively impact living standards and economic opportunities

Notley government policies reducing Albertans living standardsBy Niels Veldhuis Ben Eisen and Fred McMahon The Fraser Institute Until recently, Alberta was the most economically free jurisdiction in North America. High levels of economic freedom fostered prosperity and growth, helping make Alberta one of the most affluent jurisdictions on the continent. However, the Alberta government recently implemented a series of policy changes…

Deficits in good times lead to trouble in bad times

Trudeau government has rejected the successful policies of the Chretien government in exchange for deficit-financed spending and higher taxes

Deficits in good times lead to trouble in bad timesBy Jason Clemens Niels Veldhuis and Milagros Palacios The Fraser Institute While the Liberals campaigned on a marked increase in federal spending financed by deficits, Canadians view this approach more negatively than they did during the election campaign, according to a recent Angus Reid poll. Canadians are indeed wise to be skeptical. Running deficits during…

Canada needs to recommit to prosperity-producing policies

The Chretien Consensus served Canadians well for more than a decade and can again

Canada needs to recommit to prosperity-producing policiesBy Jason Clemens Niels Veldhuis and Milagros Palacios The Fraser Institute Canada’s sweeping rejection of the Chretien consensus amounts to a puzzling and hopefully temporary repudiation of prosperity and the policies that produced it. A generation ago, Canada enjoyed a renaissance. The revival was rooted in sound fiscal policy (balanced budgets, focused spending and tax…

Justin Trudeau can learn from Chretien’s economic success

Let's hope the new government quickly realizes there is a difference between campaigning and governing

Justin Trudeau can learn from Chretien’s economic successBY Jason Clemens and Niels Veldhuis The Fraser Institute All Canadians, regardless of political allegiance or philosophical disposition, should want the federal government to succeed – particularly since the Liberal focus is on promoting stronger economic growth. And to ensure strong economic growth, Prime Minister Justin Trudeau should heed the lessons of successful governance learned by Jean…