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Taxation

The Excessive Taxation of Mutual Fund Management Fees

With rising life expectancy, saving for retirement is becoming increasingly important. Government programs like RRSPs and TFSAs encourage Canadians to save by allowing them to shelter certain portions of their incomes from taxation. Governments undermine this objective, though, by excessively inflating mutual fund management fees with sales taxes.

Poverty Is Not a Permanent State of Affairs in Canada

The fate of the poorest members of our society is rightly a recurring subject of concern in economic debates. Certain statements commonly heard can, however, give the impression that there are a lot of low-income people in Canada, and that for the majority of them, poverty is a permanent state. This perception is actually contrary to the observed facts. As we shall see, the results of the available research are clear: Social mobility is high in Canada.

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