Alberta’s days of having unusually low debt servicing costs are coming to an end.
Government Spending & Taxes
Despite misleading claims, senior poverty in B.C has fallen significantly over the past four decades.
When oil prices were high, successive governments spent freely as though the good times would never end.
If investors can fetch a higher after-tax return by investing in Ontario over Alberta, there’s a good chance they will.
High marginal tax rates discourage productive economic activities such as work, savings, investment and entrepreneurship.
The average Canadian family will pay 43.6 per cent of its income in taxes.
More than 80 per cent of middle-class families have experienced an increase in their federal income taxes.
Employment growth has been lopsided, with the GTA and adjacent areas reaping most of the benefits.
Tax policy is the most efficient way to incentivize high-growth entrepreneurship and access to finance.
Capital gains taxes reduce the return entrepreneurs and investors receive when selling a new technology or business.
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