Over the Top: Why an Annual Wealth Tax for Canada is Unnecessary

Summary:
Page Title:Over the Top: Why an Annual Wealth Tax for Canada is Unnecessary – C.D. Howe Institute
Article Title:Over the Top: Why an Annual Wealth Tax for Canada is Unnecessary
URL:https://cdhowe.org/publication/over-top-why-annual-wealth-tax-canada-unnecessary/
Published Date:June 20, 2019
Accessed Date:February 6, 2025

Proponents of an annual wealth tax in Canada and abroad are giving a flawed idea new life, according to a report from the C.D. Howe Institute. In “Over the Top: Why an Annual Wealth Tax for Canada is Unnecessary,” authors Robin Boadway and Pierre Pestieau note the rising calls for a national wealth tax – from economist Thomas Piketty, to US Senator Elizabeth Warren, to Canada’s federal NDP – and assess whether it is a good idea for Canada – or not.

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