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Why the Capital Gains Tax Increase Should Not See the Light of Day
Thursday, June 5th, 2025
The planned measure to increase the capital gains inclusion rate… would create a triple threat: harming Canadian businesses, discouraging investment, and penalizing middle-income Canadians… – Canada’s capital stock would decline by $127 billion, GDP would fall by nearly $90 billion, and real per-capita GDP would drop by 3 percent. Further, employment would decline by 414,000 jobs, which would raise unemployment from 1.5 million to 1.9 million workers.
Tags: economy, tax
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Job Creation Falls Behind Rapid Population Growth
Thursday, June 5th, 2025
Canada’s labour market faces mounting pressures that cannot be fixed merely by adding more workers… “We cannot afford to leave talent on the sidelines – whether it’s older workers retiring too soon or immigrants struggling to use their skills,”… the country’s most acute demographic challenges [include] rapidly aging populations, lower workforce participation among seniors, high unemployment, and labour mismatches compounding regional disparities… “If we don’t act now, these gaps will only widen.”
Tags: economy, immigration, participation, pensions
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