‘Fairness’ rhetoric masks an income tax imbalance

‘Fairness’ rhetoric masks an income tax imbalance
Not only does the top one per cent pay a disproportionate share of Canada’s taxes, its share has increased over the past two decades By Charles Lammam and Hugh MacIntyre The Fraser Institute For months, the Trudeau government has used the term “tax fairness” to justify higher taxes on entrepreneurs and incorporated professionals. While what’s a fair distribution of taxes... Read More

“Green energy” fairy tale turning into a nightmare for Canada

“Green energy” fairy tale turning into a nightmare for Canada
Trudeau and his paladins remain convinced that their green energy dream will come true, if only they believe hard enough By Gwyn Morgan Contributor Troy Media Once upon a time in a northern dominion called Canada, a thriving oil industry provided fuel for vehicles, trains and airplanes. There was also a large natural gas industry that kept the people warm... Read More

Canada unprepared for an aging population

Canada unprepared for an aging population
The adverse consequences of an aging population – deficits, debt and slowing economic growth – can be mitigated with prompt action By Jason Clemens and Sasha Parvani The Fraser Institute Canada’s population is aging, like all industrialized countries. But unlike most industrialized countries, Canada is doing almost nothing to prepare for the implications of an older population. And, in some... Read More

Ontario’s wrong-headed energy policy burns 75,000 jobs

Ontario’s wrong-headed energy policy burns 75,000 jobs
The province’s manufacturing sector may find itself even less competitive soon due to developments in the United States By Mark Milke Contributor Canadians for Affordable Energy How do you kill 75,000 jobs and turn your valuable location into a disadvantage? If you’re the Ontario government, you: start a transition to renewable energy driven by politicians without any cost-benefit analyses; when... Read More

Grocers seek to restock the industry with innovation

Grocers seek to restock the industry with innovation
Recent Canadian grocery sector layoffs are about redefining business models more than trimming costs By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies Downsizing is never easy. And just weeks before the festive season, reducing staff is bad for morale. But industry changes are forcing Canada’s grocers to rethink store structures, including staffing. Metro let 250 people go recently.... Read More

Amazon and the slow death of the traditional grocery store

Amazon and the slow death of the traditional grocery store
The Amazon effect has Loblaws and others reimagining their businesses. Consumers will have greater choice and convenience – from their homes By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies The bricks-and-mortar food retailing model is losing its lustre in Canada. The signs are everywhere. Loblaws is the latest grocer to commit to home delivery. Starting in December, the... Read More

Wall Street tumbles on news that Trump’s tax cuts may be delayed, TSX down

Wall Street tumbles on news that Trump’s tax cuts may be delayed, TSX down
TORONTO — Canada’s main stock index headed lower Thursday as American stocks dropped sharply on news that U.S. President Donald Trump’s tax cut plans may be delayed. The S&P/TSX composite index was down 23.26 points to 16,082.09 in a broad-based decline that saw most major sectors finish in the red. South of the border, cautious investors initiated a sell-off, with... Read More

PROREIT announces major expansion with binding agreement to acquire 19-property portfolio anchored primarily by Rexall pharmacies

PROREIT announces major expansion with binding agreement to acquire 19-property portfolio anchored primarily by Rexall pharmacies
PRO Real Estate Investment Trust (TSXV: PRV.UN), an unincorporated open-ended real estate investment trust, announced earlier this morning that it has entered into a binding agreement to acquire 19 properties in British Columbia, Alberta, Saskatchewan and Ontario, the majority of which is anchored by Rexall pharmacies. The properties comprise both stand-alone drug stores and community service centres. The purchase price... Read More