On Labour Day, celebrate labour, not unions

Unions harm workers more than they help. And they seek a bigger slice of the economic pie, even while shrinking the pie through productivity loss

On Labour Day, celebrate labour, not unionsLabour Day is a day, as its name suggests, to celebrate labour. This is entirely appropriate – labour is a necessary input for the production of goods and services on which our standards of living rely. We make a mistake, however, when the celebration is of labour unions instead of the workers who supply the…

Why Milton Friedman’s ideas still resonate

Why Milton Friedman’s ideas still resonateWere he still alive, Milton Friedman would have celebrated his 107th birthday on July 31. An intellectual giant, his ideas played a significant role in making the world a freer and more prosperous place. Those ideas remain vital. From driving the elimination of military conscription in the United States to influencing the economic transformations that…

Tolls the fairest way to fund P.E.I.’s Confederation Bridge

The bridge is a prime example of a private-public partnership gone right. Shifting the burden to taxpayers and non-users is simply unfair

Tolls the fairest way to fund P.E.I.’s Confederation BridgeThe recent campaign to remove tolls on the Confederation Bridge is a popular policy topic where rhetoric has become misguided. Prince Edward Island Sen. Percy Downe has pushed to remove the toll from the bridge, while P.E.I. Premier Dennis King has pledged to work on lowering the toll on the island’s primary connection to the…

Say no to a carbon tax, for the sake of your children

Research shows that only those born 45 years after a carbon tax is implemented will see any benefits that outweigh higher energy prices

Say no to a carbon tax, for the sake of your childrenI work on environmental and energy economics in both Canada and the United States. I’ve noticed that U.S. debates tend to focus on abstract principles – “capitalism versus socialism,” for example – whereas Canadians tend to put aside ideology and inquire about the empirical details. In this context, and as Canada’s political parties rollout their…

Taxes eat up more than 44% of Canadian family income: report

Taxes – not life’s basic necessities – remain the largest household expense for families across the country

Taxes eat up more than 44% of Canadian family income: reportTaxes are once again expected to be a federal election issue in October, if a national think tank gets its way. A report released Thursday by the Fraser Institute, a Canadian public policy think tank, says Canadian families on average spent more than 44 per cent of its income on taxes in 2018 – more…

What can – and should – be done about CBC

Get CBC out of the advertising business on all of its platforms. And make its content available to other media for free within Canada

What can – and should – be done about CBCSeveral years ago, I by chance encountered a backbench member of Parliament who asked in a very straightforward fashion why we at the Canadian Radio-television and Telecommunications Commission (CRTC) didn’t “do something” about CBC. Mildly startled, I replied that if something was to be “done” about CBC, Parliament should just go ahead and do it.…

Tax bill an increasing burden for Canadian families

The cost of living was the number one concern for a third of all Canadians surveyed, according to a recent poll. And rising taxes contribute significantly to those costs

Tax bill an increasing burden for Canadian familiesBy Jake Fuss and Finn Poschmann The Fraser Institute A recent CBC News poll reported that the cost of living is one of the biggest issues worrying Canadians today. And yes, while trend inflation has been very low for a decade, it’s ticking up sharply. So although it’s easy to understand why Canadians are anxious…

How Canada can tax carbon efficiently

Carbon tax should replace other, less efficient policies with the same objective and be offset by cuts in other taxes

How Canada can tax carbon efficientlyEconomists generally agree that imposing a price on greenhouse gas (GHG) emissions is the most efficient way to reduce them while minimizing the drawbacks associated with intervention. The devil, however, is in the details. And when you look at the details, the carbon pricing systems the federal and provincial governments of Canada have put in…

Getting to the bottom of Calgary’s rising property tax problem

Brendan Neeson with Colliers International in Calgary explains why tax levels have shifted and what businesses should do about it

Getting to the bottom of Calgary’s rising property tax problemBrendan Neeson is senior director of property tax services with Colliers International in Calgary. How are non-residential properties taxed in the City of Calgary? Neeson: In my 13 years in the property tax business, this is the question I get most often. I could read you the exact definition from the City of Calgary assessment…