Keep the Dollar to Keep Our Independence
To: Trade observersFrom: Jeremy M. Kronick and Mark ZelmerDate: January 27, 2025Re: Keep the Dollar to Keep Our Independence The loonie was trading below 70 US cents last week, a level not seen for more than 20 years. Every time it hits an air pocket like this one, calls emerge for Canadians to give up a separate currency […] Some Carbon-Tax Cancellation Questions
“By avoiding discussion of the consequences of cancelling the carbon tax these politicians are being given a free ride. It is time Canadians ask some pointed questions.” The Timidity of Ottawa’s Research Funding Changes
“On balance, Ottawa’s latest reform of SR&ED is timid. Fortunately, this timidity did not extend to implementing a special low tax rate on income from intellectual property.” Ottawa Needs to Act to Stop a Kafkaesque Tax Quagmire
January 17, 2025 – The federal government must at least defer the proposed increase to the capital gains inclusion rate to avoid a nightmarish scenario for taxpayers, according to a new C.D. Howe Institute E-Brief. “A Kafkaesque Tax Quagmire: Why We Need to Defer or Abandon the Failed Capital Gains Changes” highlights the dilemma many […]A Kafkaesque Tax Quagmire: Why We Need to Defer or Abandon the Failed Capital Gains Changes
“Canadians deserve a predictable tax system, not one that forces them to hedge bets on unpassed legislation.” Ottawa’s Research Subsidy Reforms Underwhelming
Published in the Financial Post. Though they were largely lost in the political storms that broke over Ottawa just before Christmas, in mid-December the federal government announced long-awaited reforms to the scientific research and experimental development (SR&ED) program. The government’s largest R&D program, SR&ED provides a refundable 35 per cent tax credit to privately owned […] Capital Gains Bullet Dodged with Jack Mintz and Alex Laurin
Prime Minister Justin Trudeau’s decision to step down has shelved a controversial capital gains tax plan. But should it be revived? Jack Mintz of the University of Calgary and the Institute’s Alex Laurin tell Michael Hainsworth why the proposed tax change should follow the outgoing prime minister into history.
Capital Gains Bullet Dodged with Jack Mintz and Alex Laurin
Prime Minister Justin Trudeau’s decision to step down has put the controversial capital gains tax plan’s future into question. Is it a bullet dodged, or should it be revived? Jack Mintz of the University of Calgary and the Institute’s Alex Laurin discuss with Michael Hainsworth. Canada’s Ailing Healthcare System Lags Most International Peers
January 14, 2025 – Canadians across the country are facing persistent challenges accessing healthcare due to long wait times and limited availability of care, according to a review of international data by the C.D. Howe Institute that finds Canada’s once-celebrated healthcare system ranks 9th out of 10 peer countries. The study also finds some provinces […]Canadians Deserve Better Budgets
From: William B.P. Robson and Nicholas DahirTo: Canadian budget observersDate: January 13, 2025Re: Canadians Deserve Better Budgets Canada’s federal, provincial and territorial governments are gearing up for another year’s budgets, which inevitably feature clashes over taxation and spending priorities, and, this year, at least one election. Some principles, though, should unite everyone, including the need for government […] Do Not Resuscitate: Increasing the Capital Gains Tax Harms Us All
Study in Brief With Prime Minister Trudeau proroguing Parliament on January 6, plans to amend the Income Tax Act to increase the capital gains inclusion rate are now uncertain. While the government stated its intention to introduce the changes in its Ways and Means motion last September, legislation had not yet been introduced. When Parliament […]