If the carbon tax was in fact revenue neutral, Premier Notley's plan would include a clear list of what taxes are going to be cut.

Since 1990, Ontario has accumulated nearly $265 billion in net public debt. Put another way, nearly 90 per cent of Ontario’s net public debt has been accumulated over the last 25 years.  

Due to the U.S. International Trade Commission's recent decision to impose countervailing duties on Canadian exports of supercalendered paper, Canadian paper companies will endure import duties ranging from 17.9 per cent to 20.2 per cent.

Some activists claim the existence of an “inequality crisis” and propose an array of populist policy responses. On these issues, Mr. Morneau would be well-served by considering recent think-tank research.