The Broadbent BlogBlog Feed

The hub for Canada’s leading progressive voices.

Disclaimer: the opinions expressed  herein are those of the author and not necessarily those of the Institute.

Budget 2015-16 preview: Top 10 ways the Harper government has boosted inequality (11 actually)

1. Family Income Splitting

The federal government plans to spend about $2-billion per year on family income splitting that will mainly benefit high-income, traditional families with a stay at home spouse, to a maximum amount of $2,000 per year. There is no benefit at all from income splitting for single parents, or for two parent families in which both earners are in the same tax bracket, including the middle and bottom income tax brackets; these families with children under 18 represent over half of all families that are the apparent target of the scheme,...

Investment should be the federal budget priority

The federal Budget to be introduced on April 21 should have one clear priority – to boost public and private investment so as to create jobs now and a more productive and sustainable economy tomorrow.

The slowing Canadian economy continues to be mainly driven by household borrowing fuelled by ultra low interest rates. With wages stagnant, families are still going deeper into and deeper into debt to spend more than they earn, setting the stage for a nasty housing crash and a rude shock to family finances down the road.

Meanwhile, investment actually shrank in the fourth...

Fifteen dollar an hour minimum wage fight comes to Canada

Over the past 20 years, income inequality has been growing faster in Canada than in other similar countries. During this period about one third of all income growth has gone to the top 1%, leaving precious little to be shared among the remaining 99%. We know the inequality problem all too well, but what is the answer to addressing it?

There seem to be three main pillars that provide effective solutions: progressive taxation...