Fraser Forum

Government Spending & Taxes

2:33PM
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Canada’s top combined personal income tax rates are now among the highest in the industrialized world.


3:00AM
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The new federal Liberal government will table its first budget next week, with media reports suggesting a deficit triple the amount promised during the election campaign.


4:13PM
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Increased OAS spending means less spending elsewhere, higher taxes, and/or more government borrowing.


1:05PM
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The TD forecast shows a persistent federal deficit of approximately $30 billion a year for the foreseeable future.


3:00AM
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Between 2003-04 and 2012-13, spending on public schools in Canada increased by 45.9 per cent.


10:42AM
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Some speculate that Justin Trudeau’s government may raise the tax rate on capital gains in next week's federal budget.


3:00AM
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Per capita federal net debt (in 2015 dollars) grew from $577 in 1870 to $19,302 in 2015.


3:00AM
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The percentage of seniors living in low-income has consistently fallen over the past four decades.


3:00AM
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From 2015 to 2018, interest on Ontario's debt will grow from $11.2 billion to $13.1 billion—an increase of nearly 17 per cent.


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