26 results found for %22basic%20income%22
Op-Ed
The accumulation of past failures in fighting poverty has breathed new life into proposals to introduce a basic income, also known as a Guaranteed Annual Income. Ontario, for example, has a pilot project underway championed by former senator Hugh Segal. But, is the basic income approach, where governments provide direct financial support to low-income people, the best approach?
Basic income…
Op-Ed
Ontario and Alberta will soon dramatically increase their minimum wages to $15 an hour. Unfortunately, these fast and sizable minimum-wage increases are likely going to reduce employment and increase poverty, particularly for the low-income families that the governments are seeking to help.
The Ontario government introduced legislation on June 1 to raise its minimum wage from $11.40 an hour to $…
Op-Ed
The federal government's proposed changes to the tax treatment of "passive" investment income in small business were among the most criticized elements of the consultation paper released last July. Wednesday's announcement from Finance Minister Bill Morneau addresses one of their most serious flaws: the threat to the retirement prospects of many small-business owners. The revised proposals strike…
Op-Ed
Ontario’s proposed 20.6-per-cent increase in the minimum wage from $11.60 in October to $14 on January 2018 is the largest dollar hike in any Canadian province over the past two decades. By Jan. 1, 2019, the minimum wage is scheduled to reach $15. Poverty advocates argue many low-income households will benefit. But they should also take a close look at the Canadian evidence that shows that…
Op-Ed
Physicians, especially those in Ontario, are furious at the federal government's proposed changes to small-business taxation. The federal changes follow successive unilateral fee decreases imposed by the government of Ontario and will further sour bargaining negotiations, likely resulting in an undesirable arbitration process.
This is the basic state of physician compensation today: Doctors are…
Op-Ed
Following a report by Alberta’s Energy Efficiency Advisory Panel, the government announced a large program last week aimed at improving the energy efficiency of homes, businesses and non-profits. It will fund free installation of energy efficiency products throughout the province, and provide rebates on efficient appliances, lighting, and so on. With a budget of $645 million over the next five…
