Canadian tax burden criticised in study on aging, income growth
An analysis argues Canadians pay a high share of corporate taxes, with seniors bearing 48.3 percent of corporate taxes and rising overall tax rates. It claims a complex tax system dampens incentives, noting disposable income sits at about one fifth of pre tax income while living costs and fees rise. The author questions the overall burden on families and savers.
MENTIONED IN THIS ARTICLE
Elders of Our Society
Emes
Canada
Fiscal juggling in budget highlights tax cuts and health care
The plan phases in a family saving about 230 annually from tax cuts to a 5 percent small business rate by 2002, while health care spending shows mixed gains and reductions as the province shifts funds. It includes 84 million for health care, 15 million for nurse wages, 20 million for home care, 62 million for hospitals, and 180 million earmarked for highway projects. The budget projects a 21 million surplus and 75 million debt payment, funded partly by a 185 million draw from the rainy day fund and federal health transfers totaling 131 million.
MENTIONED IN THIS ARTICLE
Ontario
Saskatchewan
Gilleshammer
Manitoba nurses reach 11 percent raise over three years
After 58 days of bargaining and a 26 day mediation, Manitoba Nurses Union approves a three year deal worth 11 percent in raises. The plan raises wages by 5 percent first year, 3 percent in years two and three, plus 2.5 percent in benefits. It includes a mobility pact, higher shift and weekend premiums, standby allowance, and accountability on workloads and overtime. The agreement costs about 40.5 million annually when fully implemented, with near 15 million this year.
MENTIONED IN THIS ARTICLE
Eral
Manitoba
Manitoba Nurses Union
MNU
Stefanson
Also Mentioned on This Page
Wilbe
WeatherTec Services Inc
Roblin
Amix
Sun and
Indview
Armix
St Lazare
Miniota
Alhough
Terrie Welwood
Filmon
Gen
Maureen Hancharyk
Health Min
Ister
Eric Stefanson
Weill
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!