New Brunswick must address its spending addiction

To maintain its high spending levels, the province has the highest income tax rates in North America and the highest sales tax rates in Canada

New Brunswick must address its spending addictionHALIFAX, N.S. Dec. 10, 2016/ Troy Media/ – Austerity is often used to portray cruel and callous fiscal measures, heartless cuts and deliberate neglect by government. But to meet an objective definition of austerity, there must be an actual reduction of spending. That's not happening in New Brunswick. Austerity has become a popular buzzword, gaining…

Atlantic Canada’s oversized public sector

Money can be saved by paring the size of the public sector, finding efficiencies, privatizing some services and controlling wages

Atlantic Canada’s oversized public sectorBy Marco Navarro-Génie and Jackson Doughart Atlantic Institute for Market Studies HALIFAX, N.S. Dec. 7, 2016/ Troy Media/ – Atlantic Canada employs public sectors larger than the national average, to the detriment of the region's economies. Public policy choices mean that provincial and municipal governments have large commitments in civil servants' salaries and benefits. The task of shrinking…

Cross-border beer and the case for in-Canada free trade

Free trade continues to be valued, as it was at Confederation, both for its economic benefits and its potential to promote Canadian unity

Cross-border beer and the case for in-Canada free tradeCAMBRIDGE, Mass. Dec. 1, 2016/ Troy Media/ – What will become of the New Brunswick court case that promised to free the beer, along with other goods traded across provincial borders? In April, provincial court Judge Ronald LeBlanc ruled that the effective ban on liquor purchased out of province was unconstitutional. His ruling cited Section 121 of the Constitution…

New Brunswick school transportation sputtering

Two years after a vital report on reforming the school bus system, action is overdue to cut costs, save energy and serve students

New Brunswick school transportation sputteringHALIFAX, N.S. Nov. 20, 2016/ Troy Media/ – Almost two years after the Atlantic Institute for Market Studies (AIMS) report [popup url="http://www.aims.ca/site/media/aims/AIMS2015-Education%20on%20Wheels,%20FINAL.pdf" height="1000" width="1200" scrollbars="1"]Education on Wheels[/popup] was released, New Brunswick decision-makers are still spinning their wheels. Few among the New Brunswick political class noticed that our report, released in January 2015, was subtitled Seizing Cost and…

Corporate welfare no way to run a brewery

If a producer needs an injection of tax dollars to survive, that company shouldn’t be in business

Corporate welfare no way to run a breweryHALIFAX, N.S. Oct. 4, 2016/ Troy Media/ – Governments and public servants are lousy at picking market winners and losers. In the case of the beer industry, consumers can get the job done. Corporate welfare isn’t economic development, it just diverts money from successful businesses to less successful but politically favoured ones. When a subsidy dries…

Beer-barrel economics: what goes down stimulates the economy

A cut in beer prices in New Brunswick led to an increase in beer sales to Nova Scotia and Quebec residents

Beer-barrel economics: what goes down stimulates the economyHALIFAX, N.S. Sept. 22, 2016/ Troy Media/ – The lesson of lower beer prices in New Brunswick has implications on a broad array of provincial taxes. Not long ago, many New Brunswick consumers living near Quebec routinely crossed the border to purchase less expensive beer. Prices in Quebec are considerably cheaper because taxes are lower.…

Almost 40% of Atlantic Canada households live in energy poverty

Atlantic Canada premiers should focus on opportunities to make energy more affordable for their citizens, rather than making it more expensive

Almost 40% of Atlantic Canada households live in energy povertyCALGARY, Alta. Aug. 22, 2016/ Troy Media/ - Last week, the premiers of Atlantic Canada met with federal Environment Minister Katherine McKenna to discuss energy planning for the region’s future. Things discussed included the building of a “clean electricity future,” and a “national price on carbon,” which was described as “impending” in a [popup url="http://globalnews.ca/news/2873634/atlantic-environment-ministers-commit-to-accelerating-clean-electricity/"…

New Brunswick HST increase outweighs spending cuts five to one

Raising taxes to pay for more spending isn't working; new jobs aren't being created and subsidies to add workers can't be sustained

New Brunswick HST increase outweighs spending cuts five to oneHALIFAX, N.S. Aug, 16, 2016/ Troy Media/ – New Brunswick Treasury Board Minister Roger Melanson has a tough job as the province's workhorse on tax and spending. But his policies don't create the economic growth the province needs. Melanson was finance minister until early June. His budgets increased taxes on personal and corporate income. More recently, the government hiked…

Finding inspiration in Britain’s economic resourcefulness

Policy-makers in New Brunswick should emulate Britain's economic and budget policies; instead, they raise taxes and discourage growth

Finding inspiration in Britain’s economic resourcefulnessHALIFAX, N.S. July 20, 2016/ Troy Media/ – During the recent Brexit referendum, the Leave campaign had an answer for what the United Kingdom's trade relationship might look like if voters elected to break away from the European Union: Canada. We're a nation of 36 million with trade liberalization deals with countries large and small, beginning with…

Tax hike won’t solve New Brunswick’s spending problem

The government raised taxes simply to be able to spend more

Tax hike won’t solve New Brunswick’s spending problemHALIFAX, N.S. July 12, 2016/ Troy Media/ - New Brunswick raised its Harmonized Sales Tax (HST) on Canada Day to 15 per cent, joining slow-growth Nova Scotia and Newfoundland & Labrador with the highest HST rate in Canada. Taxpayers were told the two-point HST increase is needed to control the province’s deficit, which today stands…