306 results found for "guaranteed annual income"
Research
The Study In Brief The budgets governments present around the beginning of their fiscal year and the financial statements they publish after the fiscal year has ended are critical tools for legislators and voters. To non-experts, the transparency of these documents matters: from them, readers should be able to understand the government’s plans, see how results differed from plans, discern the…
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The Study In Brief Auto insurance premiums in Canada amount to about $27 billion per year. For most Canadians, auto insurance represents a significant yearly expense. Provincial and territorial governments control auto insurance, which is mandatory across Canada. Some provinces deliver the insurance themselves through a government agency. Others outsource delivery to private-sector insurers. A…
Research
The Study In Brief In Canada, most government cash benefit payments require recipients to file a tax return. Individuals who fail to participate in the tax system, often the most vulnerable in society, may forgo important government benefits (or even entitlements to government services when such services are tied to tax return information). The September 2020 Speech from the Throne committed the…
Research
The Study In Brief Despite having highly similar economies, in banking the experience of the crisis-prone United States contrasts starkly with Canada’s stability. For each major US crisis, different reasons have been put forward to explain Canada’s comparative stability in the face of broadly similar shocks, an issue that arose again in the context of the failure of Silicon Valley Bank and its…
Research
// Insert Twitter Event ID twq('event', 'tw-o8r4k-ofiwk', { }); Fiscal COVID: The Pandemic’s Impact on Government Finances and Accountability in Canada Beyond its damage to Canadians’ health and their economy, COVID-19 strained public finances, and both highlighted and exacerbated gaps in governments’ accountability to legislators and voters. Spending by all senior governments jumped…
Research
The Study In Brief The frequency of viral outbreaks and pandemics in the last two decades, including the current COVID pandemic, has focussed attention on Canada’s pandemic preparedness generally and its pandemic vaccine development and production self-sufficiency, in particular. As Canada faced disruptions in the supply of COVID vaccines from other countries, there were numerous calls for a…