Capital gains tax cuts blamed for near billion-dollar shortfall
Ottawa faced a nearly 1 billion dollar tax break cost after 2000 capital gains tax cuts. The moves, driven by executives and political aims, reduced foregone revenue as capital gains surged 71 percent. Critics say the policy prioritized short-term market boosts over long-term growth while revenue slipped in August amid broader budget shifts.
MENTIONED IN THIS ARTICLE
Ken Georgetti
Canadian Labour Congress
David Perry
Canadian Tax Foundation
Ottawa
Paul Martin
Romanow rejects increased private involvement in medicare
Roy Romanow, head of Canada's royal commission, says publicly funded medicare is more efficient than a U S style free market approach and should expand into new areas. He argues a single payer system reduces administration costs versus private insurance and cites lower per capita health spending in Canada compared with the United States.
MENTIONED IN THIS ARTICLE
Dennis Bueckert
Ottawa
Roy Romanow
Romanow
Royal Commission On the Future of
Weatherhead Center For International Affairs
Harvard University
U.S
Canada
Ontario politician fights Lord's Prayer issue at legislature
Penetanguishene resident Hen Freitag vows to take his complaint to the United Nations over the Lord's Prayer in the Ontario legislature. Freitag, 74, claims democracy is lacking as he opposes the prayer, while Garfield Dunlop dismisses the dispute as politics driven by toleration.
MENTIONED IN THIS ARTICLE
Orillia
Ont
Ontario Hum Rights Commission
Ontario
Penetanguishene
Hen Freitag
United Nations
Freitag
Simcoe North
Garfield Dunlop
Ethics counsellor to meet solicitor general Friday in Ottawa
The federal ethics counsellor plans a Friday meeting with Solicitor General Lawrence MacAulay as he widens inquiries into patronage allegations. A report on the MacAulay contract was delayed until week’s end while Prime Minister Chretien orders review of broader questions.
MENTIONED IN THIS ARTICLE
Y Louise Elliott
Ottawa
Lawrence MacAulay
Howard Wilson
MacAulay
Jean Chretien
Chretien
Beirut
Wilson
Susan Whelan
Windsor, Int
Also Mentioned on This Page
United States
Martin
Canada Health
Perry
Waterloo
Allison Laing
Kitchener
Waterloo Regional Courthouse
Pusse
SPCA
Sheba
Fa Petland
Scrog
Essories
Saams Kennel
Kim Devine
Animal World
Windsor Arch
Moritz Masc
RY & Tile Supply
South Railway Street
Ina
Friend
Lawrence Macaula
Medicine Hat the
Gas
Allowance Avenue
Municipal Works
Trevor Kinsey
Earth Tech Canada
Sony Dvd Dream Systems
Visions
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