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That's almost 40 per cent more than the year before.
The Fraser Institute has argued recently that the federal government has failed to make a convincing case for Canada Pension Plan (CPP) expansion. But their viewpoint depends heavily on trying to determine how much income Canadians need to retire with dignity. So, do we really need an expanded CPP?
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The study came just days after Donald Trump said Canadians go to the United States because of a "catastrophic'' Canadian system.
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Manufacturing's decline has taken a toll.
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By making it easier to navigate the tax rules and meet their obligations, Canadians will spend less time and less of their money on preparing their taxes, leaving more in their pockets. For Canadian businesses, productivity could improve as they spend less time, effort and capital dealing with tax compliance and red tape.
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Are Canadians getting a solid bang for their 13 billion bucks?
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The province is on track to post a record deficit.
"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 -- as catchy as the headlines may be, it is alarmist spin. Such biased economic exercises raise a fundamental question: Just what indicators should we be using to keep score on Canada's economic performance?
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Study editor Fred McMahon says the goal of the index is to measure the degree to which people are free to enjoy classic civil liberties.
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TORONTO - A new report shows job growth in Canada's public sector far outpaced that in the private sector over a decade.A study released today by the Fraser Institute found employment in the public se...
A growing number of Canadian families are choosing to home-school their children, according to a new study from the Fraser Institute.
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Debt has been in the news a lot lately. The major news outlets in Canada are paying attention to our record-high household debt levels and are doing some fantastic reporting about the effects of oil prices, housing, health, divorce, and all the other factors that can damage a family's bottom line. Yet amid this rabble of expert voices and real Canadian tales of debt crisis, there was one lone dissenter.
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OTTAWA — Canadians are carrying record amounts of debt, but they are managing their finances prudently, according to a report by the Fraser Institute. The report by Philip Cross, former chief economic...
You see, standardized test results don't paint a full picture. And neither do my words here. You'll just have to come see for yourself.
50 schools showed significant improvement in the annual ranking that continues to be dominated by private institutions.
As Thursday’s tax filing deadline nears, many procrastinating Canadians are feeling the pressure to gather all their information and start crunching the numbers. A new Fraser Institute report suggests...
If the government is serious about stimulating investor confidence in the mining sector, they need to address the land certainty question.
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The risk is that a GAI would become just another program within a larger web of existing government programs. Some programs that target specific groups, particularly groups less able to work -- such as the severely disabled or the elderly -- may be difficult to consolidate into a single "one-size-fits-all" universal program like the GAI.
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The idea of a minimum annual income for every Canadian could provide a more efficient alternative social safety net, but reform is an unlikely and unrealistic option, according to a new report from a...
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By placing bans and moratoria on fracking, governments in Nova Scotia and New Brunswick have essentially stopped pursuing socially and environmentally responsible onshore natural resource development, even though jobs and extra tax revenues are sorely needed in the region.
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New Brunswick Premier Brian Gallant seems poised to follow through on a campaign promise to institute a moratorium on hydraulic fracturing. News reports suggest he'll implement that moratorium before Christmas. Quite a lump of coal for the people of his province in need of additional jobs and higher incomes.
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The United States and Canada do not allow for full competition, but Americans benefit from a bigger market given their much larger population. Thus, a continental market in airline travel would serve passengers if an American airline could compete head-to-head with Canadian airlines on domestic routes. But the federal government won't allow it. The result? Higher airline fares in Canada.
Consider that in 2013/14 interest on the provincial debt was $10.6 billion. According to the province's fall fiscal update, that was just over half of all provincial sales tax revenue paid by Ontarians last year ($20.5 billion). So Ontarians should know that when you pay your provincial sales tax at the till, half of it flutters away just to pay your provincial government's debt interest.
Something as dull sounding as public-private partnerships (P3s) has suddenly grabbed headlines thanks to a recent report from Ontario's Auditor General. P3s are an increasingly common tool for governments in Canada, and around the world, to provide infrastructure such as roads and bridges.
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It is unclear why the Chiefs of these 44 communities are choosing to withhold this information from their electorate and Canadian taxpayers. It is particularly peculiar that two of these communities, Weenusk First Nation and Wuskwi Sipihk First Nation, previously published their audited financial statements and have now reversed course. That brings up the question: why are these 44 Chiefs afraid of an informed electorate?
The recent killing of two Canadian soldiers by self-professed, radicalized young men who became enamoured with a violent interpretation of Islam will bring up multiple assertions about the "root cause" for such attacks. Economic freedom and the institutional "pillars" that undergird it matter.
VANCOUVER - A report from the Pembina Institute pokes holes in the British Columbia government's claim that exporting liquefied natural gas is the greatest single step the province can take to fight c...
VANCOUVER - A new report comparing per capita spending among 17 Metro Vancouver municipalities says there are significant discrepancies across the region, with West Vancouver spending more than twice...
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There are multiple reasons why governments choose the policy paths they do. Political survival is perhaps the most obvious explanation. But as with any organization, divesting of unnecessary businesses, projects and tasks that are off-mission helps sharpen the focus. That matters if one cares about smarter, more effective government.
Politicians are free to ignore the science, safety and history of hydraulic fracturing. But if the incoming New Brunswick government sticks with its election promise, it will outlaw (temporarily, at least) one of the more innovative ways to extract oil and gas in the 21st century. The science and risk-reward ratio are both on the side of hydraulic fracturing. The potential for a more dynamic economy is staring New Brunswick politicians in the face.
Alberta Premier Jim Prentice's energy policy comments are troubling. According to newspaper reports, Mr. Prentice has embraced the idea of replacing Alberta's coal-fired electrical generation, not with natural gas, but with renewable energy -- wind and solar power. But experience suggests that the bank accounts of Albertans will take a big hit should the plan move ahead.