April 2015

The common sense proposition of phasing out Alberta's coal plants

Right across Canada and around the world, jurisdictions are moving away from coal-fired electricity generation in favour of cleaner options, and this critical debate has finally come to the mainstream in Alberta.

The Alberta NDP has reignited this much-needed discussion with its platform commitment in the current election to “phase out coal-fired electricity generation to reduce smog and greenhouse gas emissions and expand...

Budget 2015: Not as balanced as it looks

Budget 2015 is, surprise, primarily a political document that extolls the government’s record and highlights tax cuts, but does almost nothing to deal with rising inequality or to shape the trajectory of the struggling economy.

As expected, annual contributions to Tax Free Savings Accounts are to be almost doubled to $10,000 per year, which will cost over $300 million in lost annual revenues within five years. The increase will eventually all but eliminate taxation of investment income, to the primary benefit of the very affluent earning more than $250,000 per year who collect...

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,...