Retirement timing a key factor in employment rate - Globe and Mail Op-Ed
Since the 2008-09 recession, the unemployment rate has fallen to prerecession levels. Unprecedentedly, the employment rate has also trended downward, raising questions about the health of the labour market. It may seem odd for both of these metrics to go down at the same time, but there are circumstances in which this can happen.
Trump’s barbs send Canada-U.S. relations to new lows - Globe and Mail Op-Ed
Donald Trump’s insulting statements about Canada in New York this week mark a new low in the Canada-U.S. relationship, with ramifications far beyond the North American free-trade agreement.
Never before has a U.S. president threatened to inflict direct harm on Canada. While there have been some rough spots over the course of our shared history, Mr. Trump’s apparent disdain for Canada and threats of economic warfare, seeming to relish in the prospect like some kind of neighbourhood bully, has taken the bilateral relationship into a state of political disrepair.
From: Grant Bishop
To: Ministers of Labour and Employment
Date: September 28, 2018
Re: Is the minimum wage the best tool?
From: David Don Ezra
To: Canadians facing Retirement
Date: September 27, 2018
Re: Longevity Insurance, an Idea for Our Times
With a large swath of babyboomers recently retired or set to retire, and many of them having placed their retirement wealth in capital accumulation plans, RRSPs not least, the time has come for governments to shift their attention to policies to help them efficiently and economically wind those plans down. Decumulation is the term of art.
The top 1 percent of earners reacted strongly to the federal tax hike on high earners 2016, according to a new report from the C.D. Howe Institute. In “Unhappy Returns: A Preliminary Estimate of Taxpayers Responsiveness to the 2016 Top Tax Rate Hike,” author Alexandre Laurin finds the underlying behavioural response of taxpayers resulted in $1.2 billion in fresh revenue for the federal government but cost provincial treasuries about $1.3 billion in lost tax revenues.
One Percenters React Strongly to Top Tax Rate Hike
September 27, 2018 — The top 1 percent of earners reacted strongly to the federal tax hike on high earners 2016, according to a new report from the C.D. Howe Institute. In “Unhappy Returns: A Preliminary Estimate of Taxpayers Responsiveness to the 2016 Top Tax Rate Hike,” author Alexandre Laurin finds the underlying behavioural response of taxpayers resulted in $1.2 billion in fresh revenue for the federal government but cost provincial treasuries about $1.3 billion in lost tax revenues.
William R. White Appointed as C.D. Howe Institute Senior Fellow
September 19, 2018 – William Robson, President and CEO of the C.D. Howe Institute, announces the appointment of William R. White as a Senior Fellow.
“Bill White is one of Canada’s leading lights in macroeconomics and monetary policy,” commented Robson. “His practical knowledge and experience in central banking and international policy make him a uniquely valuable source of policy intelligence, and we are delighted at the prospect of regular collaboration with him.”
To: The Honourable Doug Ford, Premier of Ontario
From: Farah Omran
Date: September 26, 2018
Re: Eyes on the Prize: Ontario’s Real Economic Priorities
With other distractions subsiding, and concerns about Ontario's economy returning to the forefront, let us highlight the real challenges.
The province is on an unsustainable fiscal course, and your government has an opportunity to right the ship to ensure Ontarians can enjoy prosperous and enhanced standards of living.
Inside Access: Unhappy Returns - A Preliminary Estimate of Taxpayer Responsiveness to the 2016 Top Tax Rate Hike
Submitted by michele.cherry onThe Canada Revenue Agency garnered headlines early this month with data showing that the steep 2016 federal tax hike on top earners failed to produce the promised billions in new revenue. In fact, tax revenue collected from those in the top 1 percent (Canadians earning above $250,000 a year) fell significantly in 2016. Join author Alexandre Laurin, Director of Research at the C.D. Howe Institute, to discuss the impact of this.
Inside Access is an exclusive, members-only opportunity:
Wage Progression and Regression by Occupation
This edition of Graphic Intelligence shows wages and wage increases for occupations in Canada by age group.
Wages tend to rise over the course of working life. Wage levels and increases, however, differ depending on occupation and the age of employees. Wages in some occupations continue to grow throughout a person’s career while some other occupations show little to no earnings progression with age.