Posts Tagged ‘tax’
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Canadian companies failed to pay billions of taxes owed, new CRA report reveals
Tuesday, June 18th, 2019
Canadian corporations failed to pay between $9.4 billion and $11.4 billion in taxes in 2014, according to the first comprehensive analysis of the country’s corporate “tax gap” — the difference between taxes legally owed and those collected — being released today by the Canada Revenue Agency. That means 24 to 29 per cent of all the corporate income tax legally due in Canada didn’t get paid that year.
Tags: budget, crime prevention, economy, featured, globalization, jurisdiction, tax
Posted in Debates | No Comments »
Every child left behind: How education cuts fuel inequality
Friday, June 14th, 2019
… good fiscal sense includes eliminating inequalities that cost economies and challenge political stability. Stiglitz cites the OECD, which estimates that “in countries like the U.S., the U.K. and Italy, overall economic growth would have been six to nine percentage points higher in the past two decades had income inequality not risen.” And in a 2018 Gallup study, countries with greater income inequality, the Economist found, also report higher incidences of assault, theft and concerns about personal safety.
Tags: budget, economy, featured, ideology, jurisdiction, participation, tax, youth
Posted in Education Debates | No Comments »
Putting values into practice on pharmacare will come at a cost
Friday, June 14th, 2019
The catch is that there would be a massive shift of drug costs from private plans to public plans, an “incremental public cost” of $15.3-billion… Practically, it also means the feds would have to raise taxes by at least $15-billion a year. That, not poor values, is the single biggest impediment to national pharmacare. The other related hurdle is that a national plan would require an unprecedented level of federal-provincial-territorial co-operation.
Tags: budget, economy, featured, Health, ideology, jurisdiction, mental Health, participation, pharmaceutical, standard of living, tax
Posted in Health Policy Context | No Comments »
Pharmacare today, like medicare 50 years ago, makes sense
Friday, June 14th, 2019
In terms of cost overall, most experts agree that a universal, single-pay system would save money for Canadians… But a universal public program would also shift costs from individuals and employers to governments… Canadians would pay more in taxes for universal drug coverage. But this tax increase would be more than compensated for by the out-of-pocket, administrative and cost savings associated with the move to public pharmacare.
Tags: budget, economy, Health, ideology, mental Health, participation, standard of living, tax
Posted in Health Debates | No Comments »
New report provides the Trudeau Liberals with a blueprint for pharmacare
Friday, June 14th, 2019
There’s true pharmacare, as laid out by the advisory council chaired by Ontario’s former health minister, Eric Hoskins. Then there’s a paler version that seeks only to fill in the gaps by providing coverage for those who currently have none… Canadians already pay more for drugs than they do for doctors’ services and… drug costs are rising at an unsustainable 6.5 per cent per year. That has a big impact on both workplace plans and government drug benefits for seniors and the poor.
Tags: budget, economy, Health, ideology, jurisdiction, mental Health, participation, pharmaceutical, standard of living, tax
Posted in Health Debates | No Comments »
Austerity and the Decline Of The Collective
Monday, June 10th, 2019
1. Austerity is toxic. 2. It is built on a lie, and on a withered idea of freedom and a hollowed out notion of citizenship. 3. Austerity is self-perpetuating, trapping us, stunting our political imagination. 4. We nevertheless do have alternatives… big change is urgent, and bold is exactly what’s needed if we are to meet our challenges and break out of the austerity trap. 5. A new generation of leaders is giving us reason for hope, though clearly there’s no reason for complacency.
Tags: budget, economy, featured, ideology, participation, poverty, privatization, rights, standard of living, tax
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Costs of Ontario climate plan would be double Liberal carbon tax, raise household costs: report
Tuesday, June 4th, 2019
The Clean Prosperity report found that the cost of the Ontario plan would be more expensive largely because it would “cherry pick” certain sources of emissions to cut and would cost $334 million in 2022, or $62 per tonne of greenhouse gas emissions removed. The federal plan would cost $214 million in 2022, or $40 per tonne… Economists say economy-wide taxes are the most efficient way to lower greenhouse gas emissions.
Tags: budget, economy, ideology, tax
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Carbon tax smackdown: what is this argument really about?
Saturday, May 25th, 2019
… carbon taxes, so far as they raise the prices of things, impose an especially heavy burden on the poor. That would be a real concern, if the federal government were not also providing rebates covering the cost of the tax… The precedent for this was the GST tax credit, which like the carbon tax rebate more than compensates poor families for whatever it adds to the cost of living…
Tags: economy, featured, globalization, Health, ideology, tax
Posted in Debates | No Comments »
Doug Ford’s post-budget plan to declare bankruptcy
Tuesday, May 21st, 2019
His first budget would recast him as a kinder, gentler premier. Not too tough, not too soft — just right. It didn’t go according to plan. By holding back the bad news… Ford’s Tories are belatedly paying a heavy price… Ford’s popularity is tumbling… Time for a change of plan… Instead of moderation, desperation and disruption are Ford’s new watchwords — because desperate times allow for desperate measures.
Tags: budget, economy, ideology, standard of living, tax
Posted in Governance Debates | 1 Comment »
Ford’s deficit hype conceals Ontario’s dirty secret
Thursday, May 9th, 2019
… Ontario already has the lowest program spending (per capita) among Canada’s 10 provinces — before Ford’s spending cuts click in… While the provincial average for revenue (per capita) is $12,373, Ontario only collects $10,415 (per capita) — a significantly smaller amount… And Ford is making the problem worse by cutting taxes a further $3.6 billion a year… Ford’s measures — despite his claim to be acting “for the people” — redirect resources from ordinary people to corporations and the rich.
Tags: budget, featured, ideology, standard of living, tax
Posted in Debates | 2 Comments »
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