CCPA Policy Note

Entries Tagged as 'Taxes'

A carbon tax comes to Alberta

April 19th, 2016 · · Comments Off on A carbon tax comes to Alberta · Climate change & energy policy, Environment, resources & sustainability, Taxes

Alberta’s 2016 Budget presents its plan to price carbon, in two parts: a new Carbon Levy applied to transportation and heating fuel, at $20 per tonne of CO2 (4.5 cents per litre at the pump) starting January 2017, rising to $30 (6.7 cents per litre) in 2018; and, changes to the  Specified Gas Emitters Regulation (SGER) framework […]

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What the new federal budget means for BC

March 23rd, 2016 · · Comments Off on What the new federal budget means for BC · Economy, Employment & labour, First Nations & Aboriginal, Housing & homelessness, Poverty, inequality & welfare, Taxes

At first glance, BC appears somewhat isolated from the economic challenges the rest of Canada is facing but there are a number of worrying signs. Nearly half of British Columbians see the economic conditions in BC as “poor” or “very poor.” The economy may be growing but prosperity is not broadly shared. Despite decent economic growth, poverty remains […]

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Why not put some Metro Vancouver property transfer tax into infrastructure?

February 19th, 2016 · · Comments Off on Why not put some Metro Vancouver property transfer tax into infrastructure? · Municipalities, Taxes

When it comes to revenue for the provincial government from property taxes in British Columbia, Metro Vancouver is such a cash cow we should be able to hear it say “moo.” The province gets revenue from property from two sources: the BC school tax and the property transfer tax. On Saturday, February 13 the Vancouver Sun […]

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Budget 2016: less money collected as taxes and spent on health and education

February 17th, 2016 · · 2 Comments · Economy, Taxes

For me, the most interesting part of British Columbia’s Budgets are always at the back of the 134 page Budget and Fiscal Plan document. Buried back there in tables A9 to A13 is information about how much of the province’s treasure is being collected from various sources and spent in various program areas going back […]

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Housing Budget? Not so much.

February 17th, 2016 · · Comments Off on Housing Budget? Not so much. · Housing & homelessness, Provincial budget & finance, Taxes

It was supposed to be the housing budget, with action to address a top issue facing the province. Today’s banner headline from The Globe and Mail (“Balanced BC budget aims to cool hot real estate market”) implies that they did take concrete measures. But if you read the budget, there is not much there relative […]

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What you need to know about BC Budget 2016

February 16th, 2016 · · 1 Comment · Children & youth, Economy, Education, Environment, resources & sustainability, Poverty, inequality & welfare, Provincial budget & finance, Taxes, Women

“The measure of any society is reflected in the degree to which it is willing to help the most vulnerable.” Mike de Jong in the BC Budget 2016 Speech If this is the measure we apply to Budget 2016, then BC is failing miserably. What this budget offers to BC’s most vulnerable is a drop in the bucket. […]

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Lower premiums for single parents not enough; it’s time to see the end of MSP

February 9th, 2016 · · Comments Off on Lower premiums for single parents not enough; it’s time to see the end of MSP · Provincial budget & finance, Taxes

In the lead up to the provincial budget we talk a lot about the changes we want to see in how our government is spending our public funds. And with good reason. After years of neglect and underfunding, alarming holes are emerging in key areas from child protection services and public schools to housing affordability and climate action. They need […]

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What’s wrong with a revenue neutral carbon tax?

January 22nd, 2016 · · 3 Comments · Climate change & energy policy, Taxes

The political appeal of a revenue neutral carbon tax is clear. The tax provides an incentive to reduce fossil fuel use, and the revenue neutrality — reducing income or other taxes in amounts more or less equal to the amount of carbon tax revenues that the government receives — makes the whole exercise rather painless. […]

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Province’s bump in home owner grant threshold is not the good deal suggested, especially for Metro Vancouver home owners

January 6th, 2016 · · 1 Comment · Municipalities, Taxes

This week British Columbia’s provincial Finance Minister announced a $100,000 (9.1%) increase in the threshold for the province’s homeowner grant raising it to $1.2 million. There is more to this story than has been reported in the press release or the media. What looks like “tax relief” to homeowners has actually in recent years been […]

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We have a new federal government. What now?

October 22nd, 2015 · · 14 Comments · Climate change & energy policy, Democracy, Election commentary, Poverty, inequality & welfare, Taxes

By Seth Klein and Shannon Daub Monday’s election results brought a palpable sense of relief to Canadians who had tired of the divisive and nasty politics of the Harper Conservatives, and they point to important lessons for progressives (which we outlined in this previous post). But a majority government is certainly a lost opportunity. A […]

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