Just another way of increasing the taxpayer burden Earlier this year, the federal government announced its intention to add one more tax onto the pile already being paid by taxpayers, this one on digital services. This new tax would be a three per cent levy on the total revenues of companies in the online services
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B.C.’s Police Forces: Under Budgeted, Over Stressed and Over Stretched
on July 6th, 2019
Over the past few days, British Columbians have been treated to a second Surrey city councillor, Brenda Locke, jumping Mayor Doug McCallum’s Safe Surrey Coalition for possibly more treacherous waters, six of Surrey’s largest Sikh and Hindu temples calling on Solicitor General Mike Farnworth to approve McCallum’s plan to switch from the RCMP to a
Canada’s Aging Population Puts a Strain on Government Coffers
on November 13th, 2017
But some careful fiscal management would mitigate the adverse effects of Canada’s aging population The latest Finance Department fiscal update signals the federal government’s continued preference for running budget deficits, regardless of the state of the economy. Similarly, eight of 10 Canadian provinces are running budget deficits in 2016-17. The lack of fiscal prudence coast
May’s Employment Growth Builds on Gains Since July
on June 11th, 2017
Another Sign Of Economic Strength Vancouver, B.C. – Statistics Canada just released the Labour Force Survey for May, adding to the stream of positive economic indicators. While the jobless rate edged up 6.6% from a cycle-low 6.5%, it was the result of more optimism about job prospects as more people participated in the labour market. The
The State of B.C.’s Wallets for National Payroll Week
on September 16th, 2016
It’s National Payroll Week. Regrettably, celebrations do not include an extra paycheque. British Columbians may even be wondering what there is to celebrate at all. According to the Canadian Payroll Association’s survey of employed Canadians released in advance of this week’s festivities, 53 per cent of British Columbians reported that “it would be difficult to
Post-Secondary Education Still The Ticket To Better Jobs
on March 13th, 2015
Particularly if the degree is from a Canadian or U.S. institution It is almost one year since the B.C. government unveiled details of its plan to re-engineer the post-secondary education (PSE) and training system. The Liberal government’s “Skills for Jobs Blueprint” will see additional funding directed to expand capacity to educate/train people in high-demand occupations
The Myth of Education Spending Cuts in Canada
on February 17th, 2015
Spending on education is way up, but performance is declining It’s budget season again, with provincial governments across Canada delivering their annual budgets amid a backdrop of falling commodity prices and provincial deficits. And once again, a mythology surrounding education spending will likely influence spending choices from coast to coast. The story goes something like
Canada In For A Rude Economic Shock
on January 12th, 2015
It cannot compete with a restructured and more efficient US According to the employment numbers just released, the United States is doing quite well, with the preliminary Bureau of Labour Statistics numbers pointing to the addition of 252,000 jobs in December. The unemployment rate in the United States has fallen to 5.6 per cent and
The Fiscal Impact Of An Aging Population On Canada
on October 15th, 2014
The effect of the demographic challenge differs between the two main levels of government An update on Canada’s demographic future from Statistics Canada confirms what is readily discernable through casual observation: our population is growing modestly and becoming greyer at an accelerating pace. Under three different scenarios modelled by Statistics Canada’s researchers – slow growth,
Canada’s Income and Wealth Gap is Worse Than Ever
The latest data on income inequality and wealth paint a clear picture: the gap between the richest and poorest is growing New data out of Statistics Canada this month tells us what many Canadians already guessed: the rich are getting richer and the poor are getting poorer. The latest report on incomes and wealth