The Broadbent Institute is proposing a “new deal for young people” that involves business relinquishing a fraction of the “dead money” it is hoarding to offer jobs for young graduates.
Plan tackles steep unemployment and underemployment among youth under 25
OTTAWA—The Broadbent Institute is calling on Canadian businesses and the federal government to create 186,000 full-time co-op, paid internship and summer jobs to help young people make a successful transition from education to work in a new report released today.
Tasha Kheiriddin / National Post
The issue of income-splitting — a tax policy whereby income is reattributed within a household from a higher-earning spouse to a lower-earning spouse — has been front of mind among tax experts, federal Conservative ministers and, most recently, the left-leaning Broadbent Institute. The practice advantages households in which income is predominantly earned by one spouse, since it allows a taxpayer in a high tax bracket to attribute income to a partner who pays at a lower marginal rate (or who earns nothing at all).
Editorial / The St. John's Telegram
If you don’t have the facts, it makes it that much easier to simply apply your own ideology. But it doesn’t mean good results are on the way for everyone involved.
Detailed analysis of Conservative proposal reveals deeply unequal scheme
OTTAWA—Two out of three families targeted by the Conservative income splitting plan would receive less than $500 while fewer than 4% of such families – some of the wealthiest in Canada – would be eligible for a benefit in excess of $5,000, a new study by the Broadbent Institute has found.
Julian Beltrame / Canadian Press
Employment Minister Jason Kenney says the Harper government has no intention of backing away from its income splitting pledge, despite a new report concluding the plan would exacerbate income inequality and bestow the most benefits to the West.
Annie Bergeron-Oliver / iPolitics.ca
The government’s commitment to a controversial election promise will be tested Tuesday when the Opposition forces a vote on a motion opposing income splitting.
Jessica Hume / Toronto Sun
The NDP used its last opposition day this session to rail against the government's proposal to allow income splitting, saying it would help too few Canadians and not those most in need.