By Vinusha Gunaseelan basic income, basic income guarantee, basic income pilot project, Guaranteed Annual Income, income inequality, insecure employment, low-income measure, Mincome, poverty, quality of life, unemployment
A basic income guarantee has been back in the news a lot lately, thanks to Mark Zuckerberg, Richard Branson, Elon Musk and other tech giants who have been publicly endorsing the concept. But it’s not just talk in Canada. Ontario is piloting a basic income across three cities, Quebec has brought in a basic income […]
By Michael Wolfson Canadian controlled private corportation, CCPC, economist, finance minister, income, income groups, income inequality, income taxes, policy, private companies, rollover, small business, tax breaks, tax fairness, tax reform
On the same day that the Minister of Finance, Bill Morneau, clarified the federal government’s proposals to limit “income sprinkling” as a way for high income owners of private companies to reduce their taxes, the Senate Finance Committee released its report recommending that it all be scrapped. Instead, the Senate Committee recommended that the government […]
By Michael Wolfson Canadian Controlled Private Corporation, CCPC, Coalition for Small Business Tax Fairness, doctors, economist, finance minister, income, income groups, income inequality, income taxes, policy, private companies, rollover, small business, tax breaks, tax fairness
Finance Minister Bill Morneau’s proposals for tightening tax breaks associated with private companies is generating several kinds of response on social media and in mainstream media. The most evident is an impressive deluge of evidence-free rhetoric claiming that the proposals are an attack on everything from the middle class to maternity leave for female doctors […]
By Michael Wolfson doctors, global average income growth, income, income groups, income inequality, income taxes, policy, private companies, small business, tax breaks, tax fairness
A version of this commentary appeared in Maclean’s Magazine Among the most insistent critics of the recent proposals by Finance Minister Bill Morneau to tighten up the use of private companies to avoid taxes have been Canada’s doctors. Canadians generally do not begrudge doctors their above-average incomes. They spend many years training for their jobs, […]
By Michael Wolfson doctors, global average income growth, income, income groups, income inequality, income taxes, policy, private companies, small business, tax breaks, tax fairness
Federal finance minister, Bill Morneau recently released a long and nervously awaited discussion paper which was met with near apoplexy in some corners. The paper aimed at closing a number of loopholes where mainly rich taxpayers use private companies (Canadian controlled private corporations or CCPCs) to reduce their taxes compared to most Canadians whose incomes […]
By Michael Wolfson global average income growth, income, income groups, income inequality, policy
For many Canadians, the outcome of the United States election has been a shock. Trump’s campaign, as inarticulate and venal as it was, tapped into important and deeply rooted realities, realities that may contain lessons for Canada too.
Growing income gap poses a health risk to all
By Ryan Meili Canada’s healthcare system, Canadian economy, Canadian healthcare system, failure, health service funding, income inequality, positive innovation, Public health, public health care, success
Certain Canadian commentators are bringing forth a strange critique of public health, suggesting that physicians and public health experts, charged with caring for the health of Canadians, should not concern themselves with the root causes of illness and stick to a narrow range of health interventions.