6 results found for "guaranteed annual income"
Op-Ed
Earlier this month, the Alberta government launched a NAFTA investment arbitration suit against the United States, seeking $1.3-billion as compensation for President Joe Biden’s cancellation of the Keystone XL pipeline. TC Energy, the company behind KXL, has filed its own NAFTA case, but Alberta is now seeking compensation for the province’s investment in the pipeline.
The case is…
Op-Ed
In the fall of 2020, barely noticed amid the stresses of COVID-19, Canada’s economy passed a peculiar milestone. Residential investment surpassed all other business investment — more than for nonresidential structures, machinery and equipment, and intellectual property products combined. That was unprecedented. As recently as the early 2000s, it would have been inconceivable. As a nation, we risk…
Op-Ed
Prices are rising and stock markets are falling — a toxic combination, especially for older Canadians who rely on savings in registered retirement saving plans (RRSPs) and defined-contribution pension plans, and who are drawing down savings in registered retirement income funds (RRIFs) and Life Income Funds (LIFs).
Many will now want to save more, to alleviate their risk of running out of money…
Op-Ed
Inflation around 8 per cent is something many Canadians had never experienced until this summer. As a country, we are rediscovering how much inflation hurts. The shrinking value of our dollars is bad enough on its own, but inflation harms us in more subtle ways, including through its interactions with taxes and government benefits. Now would be a good time for some changes to lessen the pain.…
Op-Ed
Before the federal government’s Fall Economic Statement last month, we often heard words like “restraint” and “prudence.” Less so afterwards. The statement’s projections confirm that every new forecast from Ottawa shows the federal government getting bigger faster, with every area of spending swelling more by the year.
The government’s last pre-COVID projections were in its 2019 fall…
Op-Ed
Canada is not keeping up in the global competition for innovation-led growth and prosperity.
Our research and development intensity is low relative to other countries and not enough of our inventions are commercialized at home. Can Ottawa’s current review of the Scientific Research and Experimental Development (SR&ED) tax credit announced in its last budget make a difference?
In principle,…