A financial panel appointed in May to advise the Yukon government on looming budget deficits says if taxes must be raised, the territory should consider a sales tax. The panel says shifting taxes from income to consumption will also create a more stable source of revenue for the territorial government. It suggests the government save […]

Perhaps it’s too early to discern, after just two negotiating sessions among the NAFTA partners, whether the United States has a game plan for reaching agreement, or whether they are just going through the motions with a view to pulling the plug on the hopeless task of a lopsided “America First” deal. Either way, the […]

Who should the schools of tomorrow be training? It’s not clear, but a new research paper is suggesting now is the time to figure it out. As the province’s economy and oil and gas industry tentatively show signs of bouncing back, a University of Calgary Public School of Policy paper explores what the next steps […]

During the 2015 election campaign, the Liberals promised to eliminate the small-business deduction, which would have meant the same, single corporate income tax rate for businesses large and small. It was a good idea. Eliminating special rates for small business, at the federal and provincial level, would reduce distortions between different-sized businesses and make the […]

Canada’s oil-producing provinces are seeing the biggest spike in insolvency in the country, according to new statistics from the Government of Canada. Alberta, Newfoundland and Labrador, and Saskatchewan had the highest percentage increases in the number of consumers and businesses unable to pay their debts in the 12-month period ending June 30, 2017, compared to the previous year, […]

Credit rating agency DBRS says without measures to rein in its finances, Alberta is at risk for another downgrade. In July, the agency changed its long-term outlook for the province from stable to negative while maintaining Alberta’s ‘AA (high)’ credit rating. Lower oil prices hitting Alberta budget, forcing drop in this year’s price forecast But DBRS […]

As regulators continue to examine whether sales fees should be unbundled from investment products, a new report suggests the move could have serious ramifications for Canadians’ access to financial advice and raise issues of investment choice, industry concentration and price transparency for clients seeking financial advice. The report, released Thursday by the School of Public […]