34 results found for "guaranteed annual income"
Intelligence Memos
From: Sharleen Gale and Niilo Edwards To: The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance Date: June 8, 2023   Re: The Case for a National Indigenous Loan Guarantee Program   Advancing major resource projects is essential for both a successful energy transition and growing the economy to benefit all Canadians. Governments need to…
Intelligence Memos
To: Finance Minister Chrystia Freeland From: Ed Devlin and Anders Forssell Date: June 26, 2023 Re: Federal Mortgage-Bond Consolidation Should be a Non-Starter The federal government intends to engage in market consultations on the potential consolidation of Canada Mortgage Bonds (CMB) within the Government of Canada borrowing program, it said in its last budget. A decision is…
Intelligence Memos
To: Pension Policy Watchers From: Jason Vary Date: May 17, 2023 Re: Bill C-228: The Four-Year Countdown Starts Now Well, despite all the doomsaying about unintended consequences, Bill C-228 the Pension Protection Act is now law. It received royal assent on April 27 and a four-year transition clock is now ticking. Quick Refresher The new act amends the Bankruptcy and Insolvency Act and the…
Research
The Study in Brief Simple changes to tax rules can improve retirement security for Canadians, as well as make the retirement system more equitable among different classes of savers, and more efficient at managing longevity risks for capital decumulation. This E-Brief provides a discussion of needed retirement-related tax changes impacting members of capital accumulation plans, such as RRSPs and…
Op-Ed
‘Tis the season for giving, and as the year ends, many Canadians are planning substantial donations. However, they should consider maximizing those donations in 2023 while full tax relief for charitable giving is still guaranteed. The federal government has yet to table its legislation for reforming the alternative minimum tax (AMT), but if it sticks to its commitments laid out in the 2023 budget…
Intelligence Memos
To: Small business watchers From: Miwako Nitani and Aurin Shaila Nusrat Date: August 3, 2023 Re: Solving Canada’s SME Financing Conundrum Canada’s small and medium-sized enterprises (SMEs) play an out-sized role in generating jobs and promoting economic prosperity. Even so, Canadian growth-oriented SMEs lag behind those of other advanced countries and face financing hurdles,…