Government

A big-picture look at budget 2015

More TFSA contribution room and smaller mandatory RRIF withdrawals were the big headlines coming out of yesterday’s federal budget.

By Staff |April 22, 2015

1 min read

Economic Indicators

Better days ahead for Ontario’s economy

Ontario has been coping with a rising debt burden for years.

By Staff |April 20, 2015

1 min read

Economic Indicators

Canada’s governments consistently miss spending and revenue targets

Canada's federal, provincial and territorial governments have regularly missed budget spending and revenue targets during the last decade, with spending overruns of $48 billion combined, says a report by the C.D. Howe Institute’s Colin Busby and William B.P. Robson.

By Staff |April 16, 2015

2 min read

Planning and Advice

The Family Tax Cut could disappear

The federal government is planning to make the Family Tax Cut permanent, but a busy Parliamentary agenda could scuttle it.

By Jessica Bruno |April 9, 2015

3 min read

Gov’t policies worsen income inequality: Former StatsCan chief

Income transfer programs are doing little to encourage social mobility and are in some cases trapping low-income Canadians behind low-income and welfare walls, according to a Macdonald-Laurier Institute report by former chief statistician of Canada Munir Sheikh.

By Staff |April 9, 2015

2 min read

Some government workers hit with higher taxes

A possible oversight of the 2012 budget has caused civil servants to pay higher taxes, reports CBC News. How? Group sickness or accident insurance plans are now treated as a taxable benefit. The result is that these government employees, who often travel to high-risk areas to do their jobs, are being forced to pay hundreds […]

March 31, 2015

1 min read

Raising TFSA limit not as good as it sounds

Like the federal government's pledge to introduce income-splitting for couples with children under 18, the Conservative's promise to double the contribution room for TFSAs is also coming under criticism for mainly benefiting the wealthy.

By Staff |February 25, 2015

1 min read

B.C. budget lets high-income tax expire

British Columbia's finance minister tabled a balanced budget Tuesday as he boasted that his province may be the only one in Canada to avoid falling into deficit amid plunging oil prices.

4 min read

Government

A big-picture look at budget 2015

Better days ahead for Ontario’s economy

Canada’s governments consistently miss spending and revenue targets

The Family Tax Cut could disappear

Gov’t policies worsen income inequality: Former StatsCan chief

Some government workers hit with higher taxes

4 problems with the family tax cut

Raising TFSA limit not as good as it sounds

How much more are government workers paid?

B.C. budget lets high-income tax expire