20 results found for %22basic%20income%22
Media Release
August 4, 2022 – At the five-month mark, Russian President Vladimir Putin’s war on Ukraine has the heavy cost of US$8.9 trillion conservatively, a loss equivalent to more than four times the entire annual income of all Canadians. The estimates include human costs of $4.7 trillion, concentrated in Ukraine, but affecting people worldwide as the impacts of the war spread, according to a new report…
Media Release
November 30, 2022 – Canada’s tax system has a punitive impact on lower income families with children hoping to earn more money, according to a new report from the C.D. Howe Institute. In “Softening the Bite: The Impact of Benefit Clawbacks on Low-Income Families and How to Reduce It,” authors Alex Laurin and Nicholas Dahir reveal how benefit reductions serve as hidden tax rates and reduce the…
Media Release
September 15, 2022 – Taxpayers and citizens need greater fiscal transparency from Canada’s federal, provincial and territorial governments, says the latest report from the C.D. Howe Institute.
In “The Right to Know: Grading the Fiscal Transparency of Canada’s Senior Governments, 2022,” William B.P. Robson and Nicholas Dahir graded these governments’ budgets, estimates and financial statements on…
Media Release
March 10, 2022 – The federal government needs to get serious about preparing Canada to meet future challenges by focusing on achieving growth and fiscal sustainability in its 2022 budget, according to the C.D. Howe Institute’s latest Shadow Budget.
In “Getting Serious: A Shadow Federal Budget for 2022,” authors William B.P. Robson, Don Drummond and Alexandre Laurin examine the federal government’…
Media Release
November 22, 2022 – The size of the Bank of Canada’s balance sheet has significantly increased since the beginning of the COVID-19 pandemic, and ongoing and upcoming pressures will keep it oversized for the foreseeable future, according to a new C.D. Howe Institute report.
In “The Consequences of the Bank of Canada’s Ballooned Balance Sheet,” authors Steve Ambler, Thorsten Koeppl and Jeremy M.…
Media Release
May 31, 2022 – The Global Minimum Tax of 15 percent, also called “Pillar Two”, could have a material adverse effect on Canadian wealth and tax revenues, according to a new report from the C.D. Howe Institute.
In 2022, the federal budget launched consultations on the implementation of new proposed rules for a Global Minimum Tax, which would apply to multinational enterprises (MNEs) with annual…
