TORONTO--Ontario will not be able to afford tax cuts and even a token commitment to revitalizing public services in the next fiscal year, even with higher-than-expected revenues for 2002-3 and a windfall from the Health Care Accord, says a new study by the Canadian Centre for Policy Alternatives.
Taxes and tax cuts
TORONTO--The McGuinty Government cannot keep its signature campaign commitments for public services renewal without both increasing taxes and running deficits for at least part of its first term in office, according to a report released today by the Canadian Centre for Policy Alternatives.
The report, Ontario Chose Change: Will the Liberals? by economist Hugh Mackenzie, analyzes the province's current fiscal situation together with forecasts for economic growth and expenditure growth over the next four years and concludes that:
(Vancouver) The BC office of the Canadian Centre for Policy Alternatives released a report today that evaluates a new policy tool's ability to protect our environment. Shifting Ground: A CCPA-BC Policy Brief on the Potential and Limitations of Environmental Tax Shifting finds that tax shifting is a good idea in principle, but should be applied with care and should not used as a replacement for environmental regulations.
(Vancouver) A new report released today by the BC Office of the Canadian Centre for Policy Alternatives finds that BC has the advantage over Washington State. The report, "In Search of the Good Life: 'Competitiveness' in British Columbia and Washington State," looks at both traditional business measures of competitiveness as well important cost-of-living and quality of life measures.