13 results found for "basic income"
Research

Slaying the Beast: The Bank of Canada's Ongoing Battle with Inflation

The Study In Brief The surge of inflation as economies recovered from the COVID lockdowns of 2020 and 2021 took central bankers and most other observers by surprise. Canada was no exception. Year-over-year CPI inflation rose from -0.4 percent at its nadir in May 2020, to a peak of 8.1 percent in June 2022 before finishing 2022 at 6.3 percent. In this E-Brief, we start with a short overview of…
Media Release

New Competition Rules Should Cast a Wide Net to Be Effective

February 2, 2023 – New rules for Canada’s Competition Act should cast a wide net over all significant players involved in the digital provision of services to Canadians, according to a new report from the C.D. Howe Institute. In “Calibrating Competition Policy for the Digital Age,” author and C.D. Howe Institute Vice President, Research, Daniel Schwanen reviews the challenges emerging business…
Research

Double the Pain: How Inflation Increases Tax Burdens

Double the Pain: How Inflation Increases Tax Burdens by William B.P. Robson and Alexandre Laurin Inflation and taxation are a painful combination. Money losing its purchasing power hurts on its own, but tax provisions that ignore inflation can multiply the pain for earners, savers, and recipients of benefit programs as well. This E-Brief identifies problematic interactions between inflation and…
Research

Capital Gains and Charitable Donations: The Silent Targets of Federal AMT Reforms

The Study In Brief  This E-Brief analyzes the expected fiscal and behavioural consequences of the significant reforms proposed for the Alternative Minimum Tax (AMT) in the 2023 federal budget.  The 2023 budget asserts that the “AMT will more precisely target the very wealthy.” Our findings indicate that the new AMT regime will primarily fall on individuals who report occasional…
Research

Live Long and Prosper? Mandatory RRIF Drawdowns Raise the Risk of Outliving Tax-Deferred Saving

The Study In Brief Tax rules requiring RRIF withdrawals need revamping. Longer lives and lower returns increase the likelihood that mandatory minimum withdrawals will leave seniors with negligible income from their tax-deferred saving in their later years. Government impatience for revenue should not force holders of RRIFs and similar tax-deferred vehicles to deplete their nest eggs prematurely…
Research

Calibrating Competition Policy for the Digital Age

The Study in Brief Competition policy and enforcement need to be able to keep pace with business models that have emerged in the digital age. Fittingly, Canada is in the midst of a review of its Competition Act that is addressing this question. A key goal of any reform should be to deter anti-competitive practices by firms whose business models rely on gathering and leveraging large troves of…