This blog post is part of a series of posts that will be focusing on the tax avoidance by Canada’s most wealthy. This series was sparked by findings in the Paradise Papers — the latest leak that revealed the offshore tax haven activities of former Canadian elected officials and political insiders. Tax avoidance is wrong. It robs the Canadian government from paying for and maintaining our health and social programs; ones that work to improve the lives of all Canadians. A government crackdown on offshore tax havens is urgent and necessary.
“Tax Fairness” is a phrase being bandied about more and more lately. If I had a dollar for every time I’ve heard Liberals say “tax fairness” over the past 6 months, I would be very wealthy indeed. But for all the talk, where’s the action in addressing this terrible problem? A recent Environics poll shows that 90% of Canadians agree that using tax havens to avoid paying taxes is morally wrong, even if it’s legal. And almost all agree that the law should be changed to make the use of tax havens illegal.
In last month's Fall Economic Statement, the federal government promised to enhance the Working Income Tax Benefit (WITB) through additional annual funding of $500 Million starting in 2019. Canadians were invited to provide input on how the additional funding should be used, with the details to be announced in the 2018 federal budget.
Image: New fellow Partrick Turmel on the panel "Securing the Next Generation of Social Programs" at Progress Summit 2016.
The Broadbent Institute is pleased to announce the relaunch of the Broadbent Institute’s Fellows Program — an integral part of the Institute’s mission to develop and expand a progressive, social democratic vision for Canada.
Employment Insurance or EI flies beneath the political radar much of the time, but remains an important and relevant part of the Canadian social safety net. Changes are needed to respond to new labour market realities, but the program should not, as some argue, be folded into a universal basic income.
The Census data for 2015 released yesterday reveal that there is significant discrimination in pay and employment.
The data provide some metrics on the incomes of “visible minority” persons, defined as those who are not aboriginal and are non-white or non-caucasian. This note will refer to racialized and white persons.
The 2016 Census income data released today shows that family and individual incomes rose significantly for most of the population in the decade from 2005 to 2015, mainly due to the resource boom that extended through most of the period. The median total income of families adjusted for inflation rose by a healthy 10.8 per cent. But the gains were unequally shared, and some families and individuals fell behind.