Taxation

Red Tape: Canada’s Hidden Tax (Speech)

Elliot Sims speech and Q&A at a Frontier Centre for Public Policy Breakfast entitled: Red Tape: Canada's Hidden Tax. View the Power Point Presentation here: http://archive.fcpp.org/posts/red-tape-canadas-hidden-tax-powerpoint-slides    

Featured News

Harper Driven by Libertarian Ideology, not Reality

By the end of the 2012-13 fiscal year, and assuming there are no further tax cuts in the upcoming federal budget, the Harper Conservatives will have reduced the cost of government by $220 billion, according to the Toronto Star. Canadian corporations have pocketed $60 billion in savings. Over the same period, Ottawa has run up a cumulative $169-billion deficit.

Welcome to 2012: All Debt, All the Time

Another year older and deeper in debt. You can Google “Canada’s debt clock” for a precise reckoning. Maintained by the Canadian Taxpayers Federation, this clock now ticks off another $1,000 in federal debt every second or, more precisely, $61,454 every minute.

Why Canada’s Corporate Tax Cuts Rate a Collective Cheer

In an end-of-year review of his government’s achievements in 2011, Prime Minister Stephen Harper noted Forbes magazine’s selection of Canada as the No. 1 country in the world to do business. (“Credit a reformed tax structure,” Forbes declared.) Mr. Harper was right to cite this distinction. On New Year’s Day, Canada’s corporate tax rate – federal and provincial rates combined – fell to 25 per cent, giving Canada the lowest rate in the Group of Seven countries, and a more competitive economy on a global basis.