Insights

Taxes shape more than government revenue. They shape trust. In this episode of “Canada’s Economy, Explained”, host Marwa Abdou sits down with the Canadian Tax Observatory’s Heather Scoffield to unpack the federal budget and explore how Canada’s tax and fiscal systems influence the country’s ability to build, grow and compete.

PM Mark Carney says he wants to issue pre-filled tax forms for those in “simple” tax situations. But “simple” is in the eye of the beholder. In financial terms, “simple” can mean you probably don’t have intricate investments. You likely don’t owe the government money. Nor do you draw your income from multiple sources.

In this episode of the “It’s Political” podcast, host Althia Raj talks to the Canadian Tax Observatory for an overview and analysis of the federal budget, before diving into the politics of it all.

A budget’s long-term success depends on bringing the public along, and building trust with the very households, corporations and organizations the government needs to implement its budget decisions. That is especially true of this one.

Mark Carney promised us the world in the lead-up to his first budget as prime minister – a generational, Canada-first plan that would set us all up for a prosperous future.

By this time next week, the World Series will be behind us and pundits across the land will be liberated from using tortured and gratuitous baseball metaphors to explain and enlighten every element of their thinking.

Those of us who make a habit of sifting through government speeches and documents in search of clues for the upcoming federal budget can safely assume: this year, it’s all about investment.

The federal government rolled out a new approach to budgeting this week, and the subtext is obvious: bricks and mortar are the foundation of Prime Minister Mark Carney’s fiscal policy design.

When Democrat Pete Buttigieg was in Ottawa for the Canada 2020 dinner this week, he had some strategic advice for those who despair over the state of America and are having a hard time seeing their way to the other side of that “storm.”

Prime Minister Mark Carney chose his words well to describe this shocking moment in Canada’s economy. “Rupture” is an apt way to describe what’s overwhelming us, with tariffs undercutting our exports, weak growth taking a toll on the job market and uncertainty undermining long-term investment.