This budget season, Canada must lower taxes on entrepreneurs

Canada is at a huge disadvantage for attracting and retaining those we rely on for innovation, employment growth and prosperity

This budget season, Canada must lower taxes on entrepreneursBy Jake Fuss and Milagros Palacios The Fraser Institute Over the last few years, the federal government and many provincial counterparts have weakened incentives for entrepreneurs by raising personal income taxes. This budget season provides an opportunity to reverse this trend and introduce tax policies to attract, encourage and retain entrepreneurs. The process should start…

Canada’s tax rates significantly higher than U.S.: Fraser Institute

Report says taxes discourage people from engaging in productive economic activity, hindering economic growth

Canada’s tax rates significantly higher than U.S.: Fraser InstituteA new report by Canadian public policy think-tank the Fraser Institute says Canadian workers across the income spectrum pay significantly higher personal income taxes than their American counterparts. “Income taxes are a major attractant — or deterrent —for entrepreneurs, businesses and workers looking to start a business, expand operations or relocate, and at virtually every…

Suing oil companies over climate change will only hurt taxpayers

Precious little good will can come from Victoria city council's campaign, but it will certainly cost a great deal of money

Suing oil companies over climate change will only hurt taxpayersThe City of Victoria wants to round up municipalities to sue oil companies for damages from climate change. Not only is such a case virtually impossible to prove, it’s also full of rich ironies. Weather-related damages, termed “perils” in Canadian insurance plans, are more commonly called acts of God. How ironic that environmentalists envision the…

CFIB calls for Alberta policies to support entrepreneurs

Tax retooling, red tape elimination, WCB refund, labour law changes, minimum wage freeze among the proposals

CFIB calls for Alberta policies to support entrepreneursThe Canadian Federation of Independent Business has released its Small Business Platform for the next Alberta government as a provincial election looms this spring. The organization is calling on all political parties to commit to implementing better policies to support entrepreneurs. “Too many entrepreneurs in Alberta are struggling to survive in a very difficult economy.…

Alberta no longer respects its taxpayers

Two decades of aggressive tax increases and wrongheaded system reforms have left the province's finances in a shambles

Alberta no longer respects its taxpayersRespect for taxpayers in Alberta has been eroding for more than 20 years. Albertans don’t just see it on their tax bills – they can hear it when politicians talk. The budget speeches delivered annually by finance ministers provide some of the best evidence that politicians have steadily drifted from respecting taxpayers in the mid-1990s…

Alberta carbon tax could send industry, jobs to competing jurisdictions

Alberta carbon tax could send industry, jobs to competing jurisdictionsA new report released Wednesday by the Fraser Institute says Alberta’s carbon tax is unlikely to meaningfully reduce global carbon emissions but could send industry and jobs to competing jurisdictions. “Even if you agree that pricing carbon is the most effective way to reduce emissions, Alberta’s carbon tax is flawed and will likely fail to…

New technology will make carbon tax obsolete

The free-market system, human ingenuity and investors and entrepreneurs seeking profits brought these ideas forth

New technology will make carbon tax obsoleteThe Canadian political scene has been riven and toxified by Ottawa’s plans to impose a tax on greenhouse gas emissions on all provinces lacking such a levy. The ostensible goal is to reduce the use of fossil fuels, and thus emit less carbon dioxide (CO2) and methane (CH4, the main component of natural gas and…

Why Canadians are suffering a bankruptcy spike

Interest rate hikes, housing costs, rising taxes and stagnating wages are all crucial. We need to address these problems

Why Canadians are suffering a bankruptcy spikeWhat can't happen won't happen. If incomes are stagnant while taxes, prices and interest rates rise, people will fail to pay their debts – as is the case for 120,000 Canadians every year. The long-term buildup of urban house prices had already made people financially vulnerable and consumer insolvencies in Canada increased by 9.2 per…

The victim industry is out of control in Canada

It’s hard to fault people when simply signing up can net a big lump of money. But the taxpayer is always on the hook

The victim industry is out of control in CanadaA staggering amount of money is being gobbled up by the victim industry in Canada. The Globe and Mail reported on Aug, 17, 2018, that different factions of lawyers involved in what’s termed the ’60s Scoop class action suit are squabbling over $75 million in fees up for grabs for the work they claim to have…

Canada helps preserve memory of Holocaust by buying Hitler’s book

Canadians need to be reminded that conflicts and human tragedies sometimes come perilously close to home

Canada helps preserve memory of Holocaust by buying Hitler’s bookWise politicians realize that the people, also known as taxpayers, are always concerned about how their money is spent by government. The cost of a policy, program or item can be large or small, but every penny – or nickel, in this era – must be used responsibly and prudently. This brings us to the…
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