Government Spending & Taxes

— Jun 28, 2024
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The Case for Replacing British Columbia’s Inefficient Provincial Sales Tax with a Made-in-BC VAT

The Case for Replacing British Columbia’s Inefficient Provincial Sales Tax with a Made-in-BC VAT is a new study that finds replacing the current B.C. Provincial Sales Tax with a Harmonized Sales Tax (or a Value Added Tax) would reduce taxes on business inputs, particularly machinery and equipment, which discourages investment, lowers productivity, and slows economic growth. Removing this tax on machinery and equipment could increase annual incomes in B.C. by an estimated $700 to $1,700 per worker.

— Jun 20, 2024
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Alberta’s ‘Spending Restraint’ in Perspective

Alberta’s “Spending Restraint” in Perspective is a new study that finds although the Alberta government’s current plan to restrain program spending increases is a constructive way to bring provincial spending more in line with sustainable revenues, doing so will be hindered by increases in per person spending introduced over the last two years. In fact, program spending this year will reach $14,334 per Albertan, which is $1,603 more per person (inflation-adjusted) than the government planned to spend this year as outlined in the 2022 mid-year budget update.

— Jun 13, 2024
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Tax Freedom Day measures the total annual tax burden imposed on Canadian families by federal, provincial, and municipal governments. This year, it arrives on Thursday, June 13—four days later than in 2019, the last year before the pandemic.

— Jun 4, 2024
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Federal Support for Journalism

Federal Support for Journalism, by Senior Fellow Lydia Miljan, is the latest essay in the Institute’s series on federal policy reforms. It documents the changing media landscape in Canada in recent years, and highlights why federal subsidies for the industry are bad policy.

— May 31, 2024
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ow Have Canadian Federal Governments Responded to Budget Deficits?

How Have Canadian Federal Governments Responded to Budget Deficits? is a new study that measures how Canadian federal governments have responded to budget deficits over the last 150 years. It finds that a delay in balancing the budget will require deeper spending cuts and higher tax hikes in the future than if the government balanced the budget now. Put simply, it is better if the federal government embarks on fiscal adjustment early on, rather than postponing deficit elimination.

— May 22, 2024
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Funding for BC Independent Schools Saves Government Money

Funding for BC Independent Schools Saves Government Money finds that, despite misperceptions, government funding for independent schools in British Columbia saves the province (i.e. provincial taxpayers) millions of dollars every year. Looking specifically at the costs, even if just 10 per cent of independent school students migrated to government public schools because the B.C. government eliminated independent school funding, education spending would increase by $51.6 million per year.

— May 7, 2024
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Understanding British Columbia’s Public Management Challenge

Understanding British Columbia’s Public Management Challenge finds that despite substantial spending increases by the B.C. government, the province’s health-care wait times have increased and student test scores have declined.

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