Archive for the ‘Governance Policy Context’ Category
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Ottawa’s conservation plan puts Indigenous people in charge of protecting land
The federal government will ask Indigenous people to take on the job of protecting vast regions of Canadian wilderness after this week’s budget promised “historic” investments in nature conservation.
Environmentalists, who praise Ottawa’s decision to spend more than a billion dollars to meet the country’s international biodiversity targets, say the Inuit, the Métis and the First Nations are eager to accept the official role of stewards of the land.
Tags: budget, economy, Indigenous, jurisdiction, participation
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Ottawa promises crackdown on loopholes that let big banks avoid billions in taxes
The federal government has singled out Canadian banks for gaming the tax system to artificially reduce their tax bills. In the budget released Tuesday, Ottawa announced it will tighten tax rules “meant to prevent a small group of taxpayers, typically Canadian banks and other financial institutions, from gaining a tax advantage.” The measure was one of a slew of reforms to prevent tax evasion and avoidance that Ottawa estimates will bring in almost $1 billion per year.
Tags: budget, economy, featured, globalization, ideology, tax
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Liberals hatch plan to stop Trumpism: fix income inequality
Canada’s foreign affairs minister, Chrystia Freeland… has penned an article about how Canada plans to battle global trends toward nationalism and protectionism. She calls it “progressive internationalism” and describes how Canada will be pursuing this idea in 2018 on two tracks: internationally, in the realms of human rights, immigration and freer trade; and domestically, with fairer taxation and improved labour standards here in Canada… Ontario Premier Kathleen Wynne is also in the midst of a large-scale effort to battle economic inequality
Tags: economy, globalization, ideology, immigration
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Canada needs tax reform. Here’s where Ottawa should look to improve the system
So what should be the focus of tax reform? … corporate-personal income tax integration… The Carter Royal Commission… “comprehensive limits” proposal [re. retirement savings]… “A buck is a buck is a buck.” … Major improvements in enforcement against tax evasion… and even in detecting serious tax avoidance strategies… But tax cuts themselves are not tax reform… base broadening would be… a logical complement to a reduction in tax rates.
Tags: economy, featured, ideology, tax
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Liberals’ passive-income tax changes could bring in $6-billion a year: watchdog
The PBO numbers… showed that 1.3 per cent of CCPCs hold between $1-million and $2-million in passive investment assets and 1.6 per cent hold over $2-million. Yet those two categories represent nearly 90 per cent of all passive income earned by CCPCs… 60 per cent of all passive income – representing about $11-billion – is earned by CCPCs with no active business income, “suggesting they were set up solely for the purpose of generating income.”
Tags: budget, jurisdiction, tax
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Canadian tax hypocrisy that favours the rich must end: Broadbent
Tax avoidance and evasion by the rich ultimately undermines democracy: it starves social programs and public services, increases after tax income and wealth inequality, and further concentrates economic resources in the hands of a few… Ordinary Canadians have a right to be angry that the very rich are being pampered by our political elites. The response should be broad-based, progressive tax reform to make the system much fairer and more transparent.
Tags: budget, economy, featured, globalization, ideology, jurisdiction, privatization, standard of living, tax
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Paradise Papers show Ottawa must crack down on offshore tax havens
… these revelations promise to deepen the longstanding problems of distrust and cynicism that inhibit needed tax reform and corrode our democracy… more than 3,000 Canadians are among those who made use of byzantine tax-avoidance schemes chronicled in the leaked documents. Most of these schemes are ethically dubious, some possibly illegal, and many might have been avoided had the government listened to the experts.
Tags: budget, crime prevention, economy, featured, standard of living, tax
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Supreme court ruling clears way for B.C. ski resort on sacred Indigenous land
The Supreme Court ruled the approval of the ski resort did not violate section 2(a) of the Charter, which guarantees the right to freedom of religion. “The Ktunaxa’s claim does not fall within the scope of s. 2(a) because neither the Ktunaxa’s freedom to hold their beliefs nor their freedom to manifest those beliefs is infringed by the Minister’s decision to approve the project,” said the decision, written by Chief Justice Beverley McLachlin and Justice Malcolm Rowe.
Tags: economy, ideology, Indigenous, jurisdiction, rights
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The era of big government isn’t over. It may be about to start
The mystery is why anyone ever thought private companies were the way to cover huge costs like health or pensions. It’s costly and patchwork; public programs make far more sense. They’re stabler, better funded and include some democratic oversight. But before the economy got financialized, and mighty companies turned into hedgies’ playthings, they could at least pretend to fill the need. Public programs, however, mean you need revenues to fund them.
Tags: budget, economy, featured, Health, ideology, participation, pensions, standard of living, tax
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Liberals need to get back on track to tax reform
While the economy is booming the government can afford to have it both ways – increase benefits for the middle class and working poor, while sweetening the pot for small business. But the economy will inevitably hit bumps in the road (starting with the Trump threat to NAFTA) and to make its vision sustainable over the long run the government must produce a plan to shore up its finances with true tax reform.
Tags: budget, economy, featured, ideology, standard of living, tax
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