Month: October 2017

The federal government flubs the politics of tax reform The federal government has gradually been trimming their fair taxation proposals. They are trying to focus on the top 3% of Canadian Controlled Private Corporations and are backing off on taxing so-called passive investments. Unfortunately the federal government seems to have completely botched the politics of…

On Monday, economist Andrew Jackson had an article in Globe and Mail, “Census shows income inequality is on the rise” which documents increasing Canadian market income inequality. From 2005 to 2015 median individual incomes rose 12.7% but the top one percent increased their market income by 16.4%. The good news is that the Organization for…

Good column by Toronto Star business columnist David Olive dealing with some common myths about the Federal Government’s tax reforms. It looks more and more that the federal government will cave on substantial parts of their tax reform package. Of course they needed to fix a few glitches and implement fair transition periods for the…