Archive for the ‘Governance Debates’ Category
Trudeau would be wise to raise the GST to 7 per cent instead of reforming the capital gains tax
Tuesday, April 23rd, 2024
… the GST has underwritten Canada’s social safety net for more than 30 years. In 2006… the GST accounted for 30.6 per cent of all federal tax revenue… Prime Minister Justin Trudeau and finance minister Chrystia Freeland have sought refuge in progressive populism with their plan to expand the capital gains tax. But the sustainable policy choice would be to put those two points back on the GST.
Tags: budget, economy, tax
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Democracy Is Under Siege Globally. Canada Is Being Tested
Monday, April 8th, 2024
Finkelstein preached that you didn’t need a vision to win in politics, just good polling that revealed what people were against. Once that was established, the goal became tying the unpopular thing — immigration, carbon tax, inflation — to a flesh and blood political “enemy.” … The idea was to avoid talking about your own positions and policies, the better to demonize your opponent. The objective was not to sell yourself but rather to destroy your opponent… repeating simplistic slogans… “Axe the tax.” “Not worth the price.” “Everything is broken.”
Tags: featured, globalization, housing, ideology, immigration, rights, tax
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With its 2024 budget, the Ford government is asking you to trust it. You shouldn’t
Thursday, March 28th, 2024
… it’s one thing to announce billions in new health-care spending… It’s another to admit that 1.3 per cent growth is below inflation and nowhere near enough to sustain public health care in the province, let alone sufficiently expand it. It’s another still to admit that all this program spending amounts, on balance, to real-dollar cuts… The government is going all-in on highways and roads — with a few nods to the poor suckers stuck taking inadequate, crumbling public transportation.
Tags: budget, economy, featured, Health, housing, ideology
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Ford government’s budget shortfall soars to $9.8 billion as tax revenues plunge
Wednesday, March 27th, 2024
“… We are going to follow through on a plan that is working — knowing that the higher deficits, compared to what we projected last year, will be time-limited while the return on investment will be felt for decades.” … settlements with public servants after the government’s Bill 124 wage-cap legislation was found to be unconstitutional have added billions in additional costs to the treasury. Under Ford, the provincial debt has soared by $116 billion to $462.9 billion, the largest debt of any subnational jurisdiction in the world.
Tags: budget, economy, ideology, jurisdiction, standard of living, tax
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Is starving Ontario’s hospitals and schools really something to brag about?
Tuesday, March 26th, 2024
In the last five years, the Ministry of Finance has brought in close to 30 measures to reduce its own revenues. All told, those changes drained no less than $7.7 billion from the provincial treasury in 2023-24… The overarching goal is not to use public dollars efficiently, it’s to drive economic activity into the private sector so investors can turn a profit. This is why the current Ontario government has no qualms about privatizing surgeries and diagnostic procedures — even though private procedures can cost more than double what they cost in a public hospital.
Tags: budget, economy, featured, Health, ideology, privatization, tax
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So, what expenditures should Canada cut to meet its NATO obligations?
Thursday, March 21st, 2024
About a quarter of all spending is transferred directly to Canadians, either through elderly benefits (Old Age Security and Guaranteed Income Supplement), Employment Insurance benefits and the Canada Child Benefit… Another 20 per cent of Ottawa’s spending is transferred directly to the provincial governments… Equalization payments account for about $24-billion… Interest payments on the debt account for another $47-billion… while Ottawa’s total spending is $500-billion, only $96-billion in operating spending is discretionary
Tags: budget, ideology, jurisdiction, standard of living, tax
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Canadians could have a balanced budget and better tax system: C.D. Howe Institute Shadow Budget
Tuesday, February 27th, 2024
Beyond reducing the debt burden to a level that is prudent and more fair to younger Canadians, the authors advocate tax changes to reward work and investment… The Shadow Budget proposes restoring the GST to 7 percent over time, lowering the rate for the middle personal income tax bracket to 15 percent in 2027, and lowering the general corporate income tax rate by one percentage point in 2025 and another in 2026.
Tags: budget, economy, ideology
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The crisis hitting small-town Ontario
Saturday, February 24th, 2024
Communities across the province are grappling with overdoses and appealing for more resources to deal with the crisis… According to the Ontario Drug Policy Research Network, the opioid death rate is three times higher in northern than southern Ontario… While we often hear complaints about the lack of sufficient treatment and harm reduction facilities in large cities like Toronto, smaller communities are lucky if they have any at all.
Tags: crime prevention, Health, jurisdiction, mental Health, standard of living
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Surrendering to the provinces doesn’t bring peace to the federation. It only emboldens them
Wednesday, January 10th, 2024
The thesis… that peace with the provinces is the highest aim of federal policy, and that the way to achieve it is to give them everything they want – or at least to never give them any offence – is a recipe for national paralysis. There are issues on which federal leadership is essential… how we got here [is] not because the federal government has been too hard on the provinces, but because it has been altogether too indulgent of them.
Tags: economy, ideology, jurisdiction, rights
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Seeking common ground at the Thanksgiving table
Friday, October 6th, 2023
We need to understand that the anger that folks are feeling… is based on real issues – even if the target of that anger is, to put it charitably, misplaced. That misdirection is often fed by politicians, capitalists, and the well-funded propagandists whose job is to keep the working majority squabbling amongst ourselves… we also have a responsibility to try to move the needle a little bit towards justice.
Tags: economy, featured, Health, housing, immigration, tax
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