The Revenue Effects of Rescinding Ontario’s Tax Rate Hike on High-income Earners finds that lowering the province’s top personal income tax rate from the current 20.53 per cent back to 17.41 per cent—where it was prior to a so-called “temporary” rate hike in 2012—would only cost the government $26 million in the first year in foregone tax revenues, thanks to increased economic activity. And lowering the province’s top personal income tax rate would significantly increase Ontario’s attractiveness for investment, entrepreneurs and high-skilled workers.

Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness, 2020 finds that workers in Canada—across all income levels—pay higher personal income tax rates than workers in the United States, which can deter professionals, entrepreneurs and businessowners from working and investing in Canada.

The Essential Joseph Schumpeter is a new book, website and animated video series that provide an overview of the key ideas of one of the most accomplished economists of the 20th century. Joseph Schumpeter is best known for popularizing the phrase “creative destruction”—the process where new innovations arise and cause the old way of doing things to disappear. Throughout his career in the private sector, government and academia, Schumpeter’s work fundamentally influenced the way economists view entrepreneurship, innovation and economic progress.