Having trouble viewing? Try the web version [link removed] of this email. Latest Research Family in B.C. earning just over $50,000 a year faces a marginal effective tax rate of 70% on any additional income [[link removed]]

Personal Income Taxes and the METR in British Columbia finds that while BC’s income taxes are relatively less burdensome compared to other provinces, they still significantly affect disposable income and create various indirect effects by altering work incentives.

Read More [[link removed]] Commentary and Blog Posts Federal tax policy in 2025 will not be kind to Canadians [[link removed]] (Appeared in the Financial Post) by: Matthew Lau

Federal tax policy was not kind to Canadians in 2024, and that shouldn’t be a surprise. It wasn’t kind to Canadians in 2023, 2022 or any year since 2016 when the Trudeau government established a new income tax bracket of 33 per cent, pushing the combined federal and provincial top tax rate over 50 per cent in many provinces.

Trump’s promises should prompt major rethink of Canadian energy policy [[link removed]] (Appeared in the Calgary Sun) by Elmira Aliakbari and Julio Mejía

In three weeks, the United States will have a new president. And despite Donald Trump’s pledge to “unleash” the American oil and gas sector by cutting red tape and accelerating permit approvals, the Trudeau government remains committed to constraining Canada’s oil and gas industry.

Parents should oppose any plans to replace the ABCs with vague terminology in schools [[link removed]] By: Paige MacPherson

According to a recent poll, the vast majority of parents in Canada easily understand letter grades on report cards but are confused by the nouveau “descriptive” grading adopted in British Columbia.

B.C. government’s fiscal plan spells more bad news for taxpayers [[link removed]] (Appeared in Business in Vancouver) by: Tegan Hill

According to the Eby government’s fiscal update released last week, the government will run an eye-popping $9.4 billion budget deficit in 2024/25—$2.8 billion larger than the deficit during the height of the pandemic in 2020 (even after adjusting for inflation).

Ontario’s economy continues to fall behind [[link removed]] (Appeared in the Toronto Sun) by: Ben Eisen

As we head into a new year, it’s worth taking stock of Ontario’s economy, particularly in light of the potential consequences of a second Trump presidency.

Canada’s chief actuary fails to estimate Alberta’s share of CPP assets—but one point remains clear [[link removed]] (Appeared in the Calgary Sun) by: Tegan Hill

The actuary analyzed how the division of assets might be calculated, but did not provide specific numbers.

Saskatchewan government’s tax changes don’t go far enough [[link removed]] (Appeared in the Western Standard) by: Tegan Hill and Grady Munro

During the election campaign, Premier Scott Moe’s Saskatchewan Party promised to reduce personal income taxes in the province.

Solar and wind power make electricity more expensive—that’s a fact [[link removed]] (Appeared in the Ottawa Sun) by Julio Mejía and Elmira Aliakbari

As a new year dawns and winter takes hold, it’s worth considering the cost of energy.

New Brunswick government should eschew rent cap for renters’ sake [[link removed]] (Appeared in the Fredericton Daily Gleaner) by: Alex Whalen and Austin Thompson

The Holt government’s promise to cap residential rent increases at three per cent per year might seem like a lifeline for New Brunswick tenants.

P.E.I. residents face high taxes despite earning lowest incomes in North America [[link removed]] (Appeared in the Charlottetown Guardian) by: Alex Whalen and Grady Munro

According to a recent study, Prince Edward Island workers had the lowest median employment earnings of any province or U.S. state at C$28,784 in 2022 (the latest year of comparable data) and C$3,391 less than workers in New Brunswick, the next-lowest jurisdiction.

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