44 results found for %22basic%20income%22
Intelligence Memos
September 28, 2016 By: Nick Pantaleo and Scott Wilkie In 2013, we proposed a “patent” or “innovation” box to encourage research and development and generate positive “spillovers”, including contributing positively to Canada’s tax base. Though criticized by some as unwarranted targeted tax expenditures, we suggest patent or innovation boxes be viewed more broadly as…
Intelligence Memos
From: Kevin Milligan To: Jean-Yves Duclos, Minister of Families, Children and Social Development Date: July 4, 2016 Re: Dare to dream, but do the math Minister, in your former academic life you wrote many papers exploring the benefits of placing Canada’s income transfers into one package—sometimes called a ‘Basic Income’ or a ‘Guaranteed Minimum Income’. You are aware of the possible advantages…
Intelligence Memos
From: Daniel Schwanen To: The Honorable Chrystia Freeland, Minister of International Trade Date: November 22, 2016 Re: Mr. Trump Reveals an Important Card In a video statement released on November 21st, President-elect Trump said that on his first day in office, he would denounce the United States’ signing of the TPP agreement. What was particularly interesting in his announcement was a spelling…
Intelligence Memos
From: Catherine L. Mann To: Concerned Canadians Date: June 14, 2016 Re: Subdued global growth and Brexit uncertainties come lapping at Canadian shores The OECD Economic Outlook launched last week projected global growth to languish at 3% this year (same as last year) rising to just 3.3% in 2017.  OECD economies have struggled to average only 2% per year, while emerging markets have slowed,…
Intelligence Memos
From: Benjamin Dachis and William B.P. Robson To: Toronto City Council Date: December 22, 2016 Re: Municipal Fiscal Accountability in Toronto It’s budget season again here in Toronto. With all this attention on municipal finances, you might think such questions as “How much does Toronto plan to spend this year compared to last year?” or “How much is it spending now compared to the last budget?”…
Intelligence Memos
From: Jeremy Kronick To: Bank of Canada Date: September 22, 2016 Re:  Negative Interest Rates In a recent study, the Bank of Canada discussed the true nature of the effective lower bound for nominal interest rates and showed that it is not in fact zero, as was the widely-held assumption.  Furthermore, some countries are currently testing limits as low as -0.75%. With this in mind,…