Are you still borrowing from the Bank of Dad?

And putting your parents' future financial security at risk?

Are you still borrowing from the Bank of Dad?Inflation and supply chain issues are putting affordability matters at the forefront for Canadians. People worry about the cost of childcare and entering the housing market. People planning for retirement or already in retirement worry if they have enough to live the lifestyle they hoped. The Bank of Canada has warned that the low rates…

Taxpayers need to take action against talk of a home equity tax

The Liberals should stop acting like they're considering taxing the sale of your home

Taxpayers need to take action against talk of a home equity taxBy Franco Terrazzano and Kris Sims Politicians think we should trust them just because they pinky promise not to impose a home equity tax, but Canadians pay members of Parliament to do more than talk a good game. MPs need to prove they won’t bring in a home equity tax by scrapping the requirement to…

And the winner is: more stories of government waste

Canada is more than $1 trillion in debt. Maybe it’s time to stop wasting taxpayers’ money

And the winner is: more stories of government wasteBy Franco Terrazzano and Kris Sims How do you scare a polar bear? You don’t. They are apex predators and could eat you whenever they want. But that didn’t stop the government of Manitoba from spending $150,000 replacing diesel tundra buggies with whisper-quiet electric vehicles so tourists wouldn’t frighten the bears away. Too bad they…

High and hidden taxes driving up the pump price

It's time our politicians did what's right and cut taxes to help Canadians afford their daily needs

High and hidden taxes driving up the pump priceAs far as Canadian politicians are concerned, the soaring cost of living is like winter slush, summer mosquitos and other unfortunate forces of nature. They would love to help, but what can they do? Here’s an idea: our politicians just need to follow the lead of other countries and cut the stack of hidden taxes…

Why Sobeys had to dump Air Miles

The food we buy is always changing, so keeping customers engaged with brands is challenging

Why Sobeys had to dump Air MilesSobeys recently decided to dump Air Miles and start its own loyalty program. Empire Co. Ltd., Sobeys’ parent company, is joining the Bank of Nova Scotia and Cineplex as co-owners of the Scene+ program. This move by Sobeys is no coincidence. As we brace for higher food prices and cope with a post-COVID-19 workforce still…

It’s time for Canada’s protectionist barriers to fall

Supply management pushed up to 190,000 Canadians into poverty

It’s time for Canada’s protectionist barriers to fallBy Krystle Wittevrongel and Gabriel Giguère New Zealand had never launched a dispute under a free trade agreement until two weeks ago, on May 12, when it launched a trade dispute against Canada under the Trans-Pacific Partnership (TPP),  accusing our government of breaking its promises on dairy imports. This was also the first dispute launched…

Will the PEI government fix the bracket creep loophole?

Bracket creep has cost taxpayers too much for too long

Will the PEI government fix the bracket creep loophole?If a business overcharged you by $450, you might want an explanation. The least that business could do is stop overcharging you in the future. Prices for everything from groceries to gasoline are going up fast enough without overcharges on top. Prince Edward Island MLAs owe Islanders an explanation about their income tax bills. The…

Your standard of living has dropped under Trudeau

Liberal claims of “making life more affordable” since 2015 is hogwash

Your standard of living has dropped under TrudeauBy Franco Terrazzano and Kris Sims There was a clash between reality and the federal Liberal Twitter account last week. The self-congratulatory tweet claimed Liberals have been “making life more affordable” since 2015. When Canadians look at gas prices, grocery store receipts and mortgage payments, that claim might raise eyebrows. Does life feel more affordable…

How we can each deal with inflation

Buying only what we really need eases our budgets, simplifies our lives and cools the economy

How we can each deal with inflationInflation is a relatively new concept to younger people, who have never experienced the onslaught of rising prices. It’s chilling to those who have lived through or learned of times when hard-earned and well-saved money depreciated in value. Monetary policy in Canada aims to keep inflation at or under two per cent. The latest rate…

Trudeau looking at a wealth tax to pay for soaring spending

Its impact on the overall economy means everyone will suffer

Trudeau looking at a wealth tax to pay for soaring spendingPrime Minister Justin Trudeau is eyeing a wealth tax to pay for his government’s spending spree. Heavily redacted documents obtained by the Canadian Taxpayers Federation show Trudeau asked for an analysis of a $60-billion wealth tax. With indefinite deficits looming, it must be tempting to grab that cash. But a wealth tax would inflict economic…
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