Taxes and tax cuts
OTTAWA—Today’s federal budget takes positive steps forward on gender equality and science funding but the bold policy moves that will make a real difference for Canadians —child care, pharmacare, health care or closure of tax loopholes—will have to wait for another day, say experts from the Canadian Centre for Policy Alternatives.
Canada is only months away from legalizing and regulating the production, sale and use of cannabis for medicinal and recreational purposes. Yet, as we explore in our cover story this issue, the plan is rife with contradictions: a fledgling industry populated by former police chiefs; the fact bills C-45 and C-46 will create dozens of new pot-related offences in the process of removing some of the old ones; the continued prohibition on growing more than four or five plants at home while Canada's "licensed producers" are expected to make billions.
It’s hardly surprising, given the size and market power of today’s internet giants, that questions about their impacts on public life and governance are rising fast and furious. What is surprising, however, is how consistently we refuse or neglect to acknowledge one of the central pillars of these entities’ private success: the public sector itself, in the form of public services, government support and a mass citizen consumer base.
The eleventh in an annual series, this year's report on CEO compensation finds that, for the first time, Canada’s 100 highest paid CEOs netted 209 times more than the average worker made in 2016. Canadian CEOs are again taking home pre-2008-crisis levels of compensation, pushing the income gap between Canada’s top executives and the average worker to record highs.
This report card reviews the federal government's progress in 16 key policy areas at the halfway mark of their term. It finds that, despite some positive first steps, the Liberals’ ambitious talk hasn’t been backed up with the action needed to make these promises a reality. With two years left in the term, the report card includes suggested next steps to help the Liberal government fulfill the progressive agenda they committed to leading up to the election. Among the recommendations:
OTTAWA—After more than 200 sitting days in Parliament, the federal government has not lived up to the vast majority of its progressive promises, according to new analysis released today by the Canadian Centre for Policy Alternatives (CCPA).
This submission to the BC Budget Consultations for 2018 includes:
New research finds that the benefits of small business income splitting, also known as income sprinkling, are concentrated amongst Canada’s richest and that the loophole is not used by the vast majority of families declaring small business income. For more information on who benefits from income sprinkling, read the full report: Splitting the Difference.
This report finds that the benefits of small business income splitting, also known as income sprinkling, are concentrated amongst Canada’s richest and that the loophole is not used by the vast majority of families declaring small business income. In fact, the report estimates that only 5 per cent of families receiving small business dividends are actively using income splitting.