Search Results

Sept. 22, 2011 - Ottawa could better foster business innovation in Canada by creating a competitive tax system across the entire innovation value chain, according to a report released today by the C.D. Howe Institute. In Rewarding Innovation: Improving Federal Tax Support for Business R&D in Canada, author Mark Parsons  says Ottawa should  focus its efforts on improving the tax…

March 23, 2011 – Members of the C.D. Howe Institute’s Fiscal and Tax Competitiveness Council today offered their scores on the 2011 federal budget tabled on March 22. For the key criteria listed below, the combined score is the simple average of their responses: Appropriateness of the assumptions underlying the economic outlook and fiscal planning framework: B+ Appropriateness of the…

October 4, 2011 – A federal proposal to allow income splitting for two-parent families would create more inequalities in the tax system rather than less, and it is a flawed idea, according to a report released today by the C.D. Howe Institute. In Income Splitting for Two-Parent Families: Who Gains, Who Doesn’t, and at What Cost? Alexandre Laurin and eminent tax scholar Jonathan Rhys Kesselman…

Toronto, July 28 – While the Bank of Canada expects the Canadian economy to return to full employment by the middle of 2012, its critics have stressed the need to raise interest rates to a “neutral” value by then to keep inflation stable. But defining this neutral level, normally associated with full employment, is a bit of a smoke and mirrors game, according to a report from the C.D. Howe…

August 25, 2011 – Marginal effective tax rates (METRs) on working families’ personal income are generally lower in Canada’s Western provinces than in the rest of country, according to a report from the C.D. Howe Institute. In “Western METRics: Marginal Effective Tax Rates in the Western Provinces,” authors Alexandre Laurin and Finn Poschmann find the tax bite on each dollar of extra income for…

May 18, 2011 – Quebec residents, on average, face the worst tax bite on take-home pay in the country, according to a report from the C.D. Howe Institute. In “What Has Happened to Quebecers’ Marginal Effective Tax Rates?” authors Alexandre Laurin and Finn Poschmann examine Quebecers’ marginal effective tax rates (METRs), which measure the impact of federal and provincial income taxes combined with…