My fellow bloggers are being too negative about yesterday’s election results. A Harper majority is very bad. However, I have trouble imagining it cutting public programs more than Chretien’s majority did. The Conservatives and Liberals have long been rather similar on economic issues. The NDP replacing the Liberals as one of the two predominant parties […]
Continue readingAuthor: Erin Weir
The Progressive Economics Forum: The Conference Board on Weak Business Investment
I do not know if the Conference Board intended its latest release on sluggish investment in machinery and equipment to be taken up during the election campaign. However, as Canadian Press reports: The Conference Board report comes at a time when the issue of corporate taxes is a key demarcation point among the parties in […]
Continue readingThe Progressive Economics Forum: Fiscal Federalism on the Campaign Trail
As I noted in my post about income splitting and in commenting on Armine’s post about Tax-Free Savings Accounts, federal Conservative tax promises entail significant fiscal costs for provincial governments. I expanded that thought into the following op-ed, which appears in today’s Toronto Star. In the same vein, the federal Conservative policy of increased incarceration […]
Continue readingThe Progressive Economics Forum: Contemporary Capitalism Conference
PEF members Louis-Philippe Rochon and Mario Seccareccia have organized a conference on “Contemporary Capitalism: Its Financial Circuits, Its Transformation and Future Prospects” on May 31 and June 1 in Ottawa, right before the PEF summer school and…
Continue readingThe Progressive Economics Forum: The Treasury Transfer Effect – You Read It Here First
Munir Sheikh, former head of Statistics Canada and of tax policy at Finance Canada, has an op-ed in today’s Globe: “A Canada-U.S. tax gap means a Canada-U.S. tax transfer.” As he notes, “any U.S. citizen, resident or company earning income in Canada is subject to U.S. tax, with a credit for Canadian tax paid or […]
Continue reading