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The BC Lottery Corporation's big schmooze-and-booze conference should have taxpayers, who pick up the tab, singing the blues. BCLC lost $208,642 on its 2016 New Horizons in Responsible Gaming conference. The conference attracted only 85 paid registrants.
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As cities across Ontario try to squeeze out savings to expand public transit, something doesn't add up. Too many cities, including Toronto, are missing out on hundreds of millions in savings. That's because Ontario has a labour law loophole that's putting cities, companies and taxpayers at a huge disadvantage.
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Every corporation in Ontario, whether public or private, that has a sick note policy is taking advantage of you, the taxpayer, by offloading the cost of their policy onto the health care system. You, dear taxpayer, are subsidizing the cost of their business. So, how does one change that?
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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$4.3 billion spent outside of the country will buy you a lot of thanks from some organizations such as the UN or from climate change conferences. That type of spending will also earn you a lot of selfies to up your political profile. But in the end it is our taxpayers footing the bill.
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Road levy. Recreation and culture levy. Transportation for tomorrow tax. Dedicated road tax. Asset levy. Make no mistake: we want our cities to invest in infrastructure. Sewer, water, roads; these are core responsibilities of local government. But repackaging this spending with a new tax is a slap in the face.
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It may be tempting to pay for certain things in cash because we think that saving a few dollars here and there can't hurt; however, we fail to see the larger impact of what happens when we do. The underground economy makes it challenging to protect the country's revenue base and hinders the government's ability to keep taxes low. When people pay in cash, they skip out on paying the taxes that support things like healthcare, education and public transportation -- the very social services we rely on every day.
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Quebec Economy Minister Jacques Daoust announced that the Quebec government would be "investing" $1.3 billion in taxpayer money in Bombardier's beleaguered CSeries aircraft line, and promptly turned around to prod the new Trudeau government in Ottawa to pony up a similar contribution.
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As both a taxpayer and a stay-at-home mother, I am upset with the Trudeaus on so many levels. Not only is the Prime Minister clearly a hypocrite, but the fact that his wife (who seemingly does not hold a full-time job) requires not one, but two nannies is offensive no matter your political stripe.
How is it that everyone seems to know someone who's paid under the table, but no one concedes to doing it? Of course, that's no surprise. Who wants to admit to putting personal gain ahead of the greater good? It costs jobs, undermines businesses that play by the rules, and deprives the government of much needed revenue for vital programs. Statistics Canada says the underground economy totalled $42.4 billion in 2012, roughly 2.3 per cent of gross domestic product, much of it occurring in the construction, finance and real estate, retail and hospitality industries.
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By doubling the maximum contribution for a Tax-Free Savings Account (TFSA), which would therefore jump to $11,000 a year according to rumours surrounding next Tuesday's budget, the federal government is doing more than just encourage saving; it's taking a step toward the de facto elimination of the capital gains tax on financial investments for the great majority of Canadians.
Now that the annual financial anxiety season is over, how did you and your partner do? If you both had a less than spectacular financial year, don't be discouraged. Now is a great time to review your financial situation and resolve to make changes now to ensure you're in a better position next year.
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I don't like when tax dollars are wasted -- whether at the provincial level by relocating gas plants, or at City Hall by tearing up LRT contracts willy-nilly, or even by the federal government straight up losing $3.1 billion (whatever happened to that scandal, by the way?). And I get that times are tough. Saving pennies matters to a lot of people these days, and it should to our governments, too.
Way back in May, I had commented about my unease with Ford's relationship with young black males. I said that his proximity to these kids as a football coach smelled of the Penn State scandal. Was Ford a teacher? No. Was Ford in anyway involved in the education system? No. Was Ford a crack user? Yes. Was Ford an alcoholic? A pathological liar? Yes and yes. I'm sorry, but there is no way I would have wanted my child, who as Ford said would either be "dead or in jail," groomed and mentored on how to become a man by a drunk crack addict who could pretty well end up dead or in jail when this fiasco comes to an end.