Inside Access: Piling On - How Provincial Taxation of Insurance Premiums Costs Consumers
Submitted by michele.cherry onMost consumers don't know that provinces levy a tax on their insurance premiums - making insurance more expensive and lowering demand. This insurance premium tax, once meant as an alternative to the corporate income tax for insurers, has long been obsolete. The provinces should rethink their approach to insurance taxation to make it more equitable and less costly for consumers.
From: Alexandre Laurin and Farah Omran
To: Canadian Ministers of Finance
Date: October 4, 2018
Re: Insurance Premium Taxation is Archaic and Counterproductive
Gerry Protti Appointed as C.D. Howe Institute Senior Fellow
October 4th, 2018 – William Robson, President and CEO of the C.D. Howe Institute, announces the appointment of Gerry Protti as a Senior Fellow.
“Gerry has unparalleled experience in Canada’s energy sector,” commented Robson. “We are delighted that he will be joining the C.D. Howe Institute in this capacity, especially at a time when energy policy in Canada so badly needs more of the wisdom and policy insights he can provide.”
To: The Rt. Honourable Justin Trudeau, Prime Minister and the Honourable Chrystia Freeland, Minister of Global Affairs
From: Daniel Schwanen
Date: October 3, 2018
Re: New Agreement with the United States and Mexico
The agreement with the United States and Mexico –the newly dubbed USMCA – is a signal accomplishment.
USMCA - Review & Impressions from the C.D. Howe Institute - SPECIAL EXCLUSIVE MEMBERS ONLY CALL
Submitted by michele.cherry onThe United States, Mexico and Canada have signed off on the basics of the newly updated NAFTA agreement - now the USMCA. On this call, Institute VP of Research, Daniel Schwanen will outline his perspective on the agreement, the concessions made on each side and the devil lurking in the details.
Inside Access is an exclusive, members-only opportunity:
From: Rosalie Wyonch
To: The Hon. Jody Wilson-Raybould, Minister of Justice for Canada
Subject: Regulation of Edible and Concentrated Marijuana Products
Date: October 2, 2018
In order to minimize the black market, the federal government and Health Canada should immediately develop regulations for edible and concentrated marijuana products.
Kenneth J. McKenzie Appointed as C.D. Howe Institute Fellow-in-Residence
October 2nd, 2018 – William Robson, President and CEO of the C.D. Howe Institute, announces the appointment of Kenneth J. McKenzie as a Fellow-in-Residence.
“Ken’s expertise in public economics and fiscal policy is broad and deep,” commented Robson. “My colleagues and I have benefited from his theoretical and practical insights over many years, and we are happy to build on that collaboration with him as an Institute Fellow-in-Residence.”
Provinces Should Rethink “Invisible” Tax on Insurance Premiums
October 2, 2018—Canadian governments should reassess the cascading taxes imposed on insurance premiums, according to a new report from the C.D. Howe Institute. In “Piling On – How Provincial Taxation of Insurance Premiums Costs Consumers,” authors Alex Laurin and Farah Omran find that premium-based taxes increase the price of insurance products and lower the demand for them.
Unclogging The Pipes: Oil Capacity Constraints in Canada
In this edition of Graphic Intelligence, we show the National Energy Board’s base case projection for growth in Western Canadian Sedimentary Base (WCSB) oil production relative to current and planned expansions of pipeline capacity (Enbridge Line 3, Keystone XL, and Trans Mountain Expansion) for exports from Western Canada.
From: Jeremy M. Kronick and William B.P. Robson
To: Canadians who don’t remember inflation
Date: October 1, 2018
Re: The High Bar to Replace the Bank of Canada’s 2-percent target