Posts Tagged ‘tax’
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Ontario election: 4 ways Doug Ford has changed the province’s politics
Wednesday, May 18th, 2022
The Ford government’s agenda seems driven by instinct more than ideology… fundamentally reactive, and grounded in relatively short-term perspectives… [Its] most recent legislative moves have sought to further marginalize the roles of local governments in planning matters and to eliminate public consultation requirements as red tape… The overall decision-making model… is based on access, connections and political whim… The focus… on short-term savings for consumers.
Tags: budget, economy, Health, housing, ideology, privatization, tax
Posted in Governance Debates | No Comments »
Ontario budget falls flat on funding for public services
Wednesday, May 4th, 2022
Despite all the spending, public services do not seem to be a priority… Normally, health spending must rise by at least 4.5% a year just to maintain services. The budget’s plan for health care is to cut it… Take [federally funded Early Learning & Child Care] out of the education budget and the net result is that, in a time of high inflation, education is almost certainly seeing a cut in real funding per student…
Tags: budget, disabilities, featured, ideology, jurisdiction, standard of living, tax
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A basic income would be an unfair, complicated and costly way to eliminate poverty
Thursday, April 28th, 2022
There are many solutions we can work on to eliminate poverty and inequity in Canada. But a GBI should not be one of them. It’s time we abandoned this utopian dream for pragmatic, rigorously tested, targeted programs that will reduce poverty, provide skills and training and create an inclusive labour market.
Tags: budget, disabilities, economy, ideology, jurisdiction, participation, poverty, tax
Posted in Social Security Debates | No Comments »
This tax ‘loophole’ has helped rich Canadians avoid millions in taxes for their private corporations. Now the government wants to shut it down
Sunday, April 10th, 2022
The government said this amendment to the Income Tax Act would increase federal revenues by an estimated $4.2 billion over five years, according to the budget tabled on April 7… It appears the CRA only began in recent years cracking down on this technique of shifting a private company’s status for tax purposes, although the strategy emerged as early as 2010… the government did not address several broader tax loopholes that it was expected to.
Tags: budget, economy, tax
Posted in Governance Policy Context | No Comments »
Budget 2022: Some progress, but no need for panic at the country club
Friday, April 8th, 2022
Today’s federal commitment to create a national dental care program will help millions of Canadians, but there’s a huge missed opportunity to move forward on pharmacare, long-term care and needed health care spending to deal with the pandemic’s impact… Many Canadians are feeling the weight of living in uncertain times. They need better income security, better access to Employment Insurance if they lose their job, more affordable housing, and the world needs a bolder climate change plan than what’s on the table.
Tags: budget, economy, featured, Health, housing, ideology, pharmaceutical, poverty, standard of living, tax
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Budget promises lower deficit, but more spending on housing, defence and social programs
Thursday, April 7th, 2022
To increase revenues, the government will introduce a new tax on financial institutions… [and] serves notice on high-income earners… to decide by next year if a wealth tax… is warranted… In addition to outlays for housing and dental care, the budget pegs new spending on climate action at $12.4 billion and more than $8 billion on national defence… [but] it fails to address the crisis in health care and long-term care with meaningful measures and money…
Tags: budget, economy, featured, Health, housing, ideology, jurisdiction, standard of living, tax
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Amid spiralling costs for Canadians and atrocities abroad, deficit is not a dirty word
Wednesday, April 6th, 2022
… business pages are full of opinions that say there’s already too much spending, deficits are dangerously high, and so any new spending must focus on supporting — surprise! — business, the self-proclaimed source of wealth creation… It’s very likely we are under-taxing some of the most profitable businesses, so yes, apart from borrowing, there’s a fix for the “how ya gonna pay for it?” crowd… Those urging governments to trim spending look only at the costs of programs, and not the fiscal dividends of acting.
Tags: budget, child care, economy, featured, Health, housing, ideology, pharmaceutical, standard of living, tax
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Fair Tax Priorities For Budget 2022
Friday, April 1st, 2022
The new Supply and Confidence Agreement between the Liberal Party and the NDP promises quick action on dental care, pharmacare and long-term care to bring about substantially better healthcare for all Canadians. It also ramps up investments in affordable housing and climate action. New funds need to be identified in Budget 2022 and beyond in order to make these commitments a reality.
Tags: budget, economy, featured, ideology, standard of living, tax
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Some key details in the “confidence and supply” deal between the Liberals, NDP
Tuesday, March 22nd, 2022
The NDP will not move a vote of non-confidence, nor vote for a non-confidence motion during the term of the arrangement; Parties agree on the importance of parliamentary scrutiny and the work done by MPs at committees; Meetings of party leaders at least once per quarter, as well as regular meetings of House leaders and whips… to identify priority bills to expedite through the House of Commons… Parties agree to prioritize [the following]…
Tags: budget, child care, crime prevention, featured, Health, housing, ideology, Indigenous, pharmaceutical, rights, standard of living, tax, women
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Why Not 75 Years Old?
Tuesday, February 22nd, 2022
… since the creation of the RRSP in 1957, the age limit of 71 has never been raised… Given the sharp increase in life expectancy, the age limit of 71 years for converting an RRSP into a RRIF needs to be lifted… this type of change would optimize the mechanics of pension plans, and also encourage Canadians to remain in the workforce, which improves health and also helps with Canada’s looming labour shortage.
Tags: budget, economy, participation, pensions, tax
Posted in Policy Context | No Comments »