Economic Note describing the harmful effects of the capital gains tax and showing how some countries have reduced or abolished it
The federal government still has not made its intentions clear regarding the possibility of increasing the inclusion rate of the capital gains tax from 50% to 75%. Since this kind of tax entails detrimental effects, a change of policy should go in the exact opposite direction, as some other countries have done, and either substantially reduce the capital gains tax or simply abolish it.
Viewpoint proposing a flat corporate tax rate of 10.5% in order to maintain Canada’s fiscal competitiveness
U.S. President Donald Trump has just reiterated his intention to reduce the top federal corporate tax rate, aiming to lower it from 35% down to 20%. Such an abrupt reduction, or even a more modest one, would have serious consequences for the Canadian economy. Ottawa therefore has an interest in reforming its own corporate tax system without delay and in introducing proportional taxation based on the 10.5% rate that currently applies to small businesses, so that one single federal rate remains for all Canadian businesses.
Economic Note showing that substantial spending increases per student have not had a significant impact on academic success
This spring, the Quebec government announced additional spending on education. These new expenditures are on top of the substantial increases seen over the past ten years. Is this viable over the long term? Have students benefited from this augmented spending? And are there other solutions that would give taxpayers more for their money?