Michael Wolfson
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Entries by Michael Wolfson

People Need Less Money To Live As They Get Older? (Not Quite)

(3) Comments | Posted June 27, 2016 | 5:34 PM

Recently the C.D. Howe Institute released a short study just in time for the finance ministers' meeting - rolling out the tired, old argument that as people age, they do not need as much money to live as when they were younger. If only retirement were so easy.

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Asking if Canadians Spend Too Much on Taxes Misses the Point

(7) Comments | Posted October 8, 2015 | 8:16 AM

"There are lies, damned lies and statistics" is the well-worn phrase, but nothing better sums up the recent Fraser Institute scare mongering about taxes being the single largest budget item of Canadian households.

"Your family's largest expense may surprise you," the ideological-driven think tank wrote,...

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In Canada, "Rags to Riches" Is a Myth

(22) Comments | Posted December 4, 2012 | 11:19 AM

The Fraser Institute's recent study on income mobility claims it is turning conventional wisdom on its head. In a nutshell, they say income inequality in Canada is not a problem because more people have incomes that have been going up than down, particularly among the poorest earners.


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