Printer-friendly version
Reforming Federal Personal Income Taxes

Large-scale personal income tax cuts could provide relief for working Canadians and lay the foundation for long-term economic growth, finds a new study by Charles Lammam, Joel Emes, Jason Clemens, and Niels Veldhuis. According to the study, Reforming Federal Personal Income Taxes: A Pro-Growth Plan for Canada, Ottawa could eliminate many tax credits, deductions and other tax breaks (broadly known as tax expenditures), which would free up $20 billion. This, combined with expected surpluses in the future, would allow the government to eliminate Canada’s two middle-income tax rates (22 and 26 per cent) and create a new tax landscape, with just two personal income tax rates—15 per cent for almost all Canadians and 29 per cent for top earners (roughly two per cent of tax-filers).

Printer-friendly version
Practical Challenges of Creating a Guaranteed Annual Income in Canada

Despite the conceptual appeal of a guaranteed annual income, the idea isn’t likely to become reality in Canada, finds a new study by Charles Lammam and Hugh MacIntyre. The study, The Practical Challenges of Creating a Guaranteed Annual Income in Canada finds that while the idea has conceptual appeal, particularly the potential for greater efficiency and administrative savings in the delivery of income support programs, there are important practical challenges that cast serious doubt on the plausibility of a GAI reform for Canada.

Printer-friendly version
The 2014 Generosity Index

During the holidays, many Canadians think about giving, yet fewer are donating to registered charities—and those who give are giving less, finds a new study by Charles Lammam, Hugh MacIntyre, and Feixue Ren. The study, Generosity in Canada and the United States: The 2014 Generosity Index, measures donations to registered charities claimed on personal income tax returns in Canada’s 10 provinces and three territories, the 50 U.S. states and Washington, D.C.

Printer-friendly version
Managing the Risks of Hydraulic Fracturing

Decisions on hydraulic fracturing should be based on realistic appraisals of risk, so Canadians are not unnecessarily denied the benefits of their natural resources, finds a new study by Kenneth P. Green. The study, Managing the Risks of Hydraulic Fracturing, examines the economic potential of energy resource development via hydraulic fracturing (sometimes referred to as “fracking”) in Canada, and the often-repeated claims made by fracking opponents.

Printer-friendly version
Nova Scotia, New Brunswick, and the Equalization Policy Crutch

Equalization payments are discouraging at least two provinces—Nova Scotia and New Brunswick—from developing their natural resources and generating prosperity for their residents, finds a new study by Ben Eisen and Mark Milke. The study, Nova Scotia, New Brunswick and the Equalization Policy Crutch finds that on a wide range of economic measures, Nova Scotia and New Brunswick perform poorly compared to most other provinces.

Printer-friendly version
Economic Principles for Prosperity

Popular myths surround many critical issues in Canada and discourage reforms that would benefit Canadians, finds a new book by Robert P. Murphy, Jason Clemens, Milagros Palacios, and Niels Veldhuis. Economic Principles for Prosperity provides readers witha broad foundation for understanding how best to achieve a prosperous society.

Printer-friendly version

Alberta has the highest level of economic freedom among all Canadian provinces and U.S. and Mexican states, finds a new study by Dean Stansel, José Torra, and Fred McMahon. This study, Economic Freedom of North America 2014, ranks jurisdictions based on their levels of economic freedom (measured in size of government, taxation, regulation, rule of law, etc.) using data from 2012, the most recent year of available data. It spotlights the 50 U.S. states, 32 Mexican states and 10 Canadian provinces.