Improving education through vouchers

Government control of education is accepted without a second thought by most citizens of our society today, but there are growing ranks of those who believe government should have a hand only in financing education, and not administering it. This idea, that a government could fairly finance education based on a voucher system, is oftenContinue reading “Improving education through vouchers”

Experts weigh in on interest deductibility issue

The Globe and Mail, a Canadian daily, has a feature on their website today where three tax experts from Couzin Taylor LLP and Ernst & Young LLP answer questions from readers about the interest deductibility “feature” of the Federal government’s budget. I’ve blogged about this complicated topic a couple of times now but never reallyContinue reading “Experts weigh in on interest deductibility issue”

Canadian government backs down on controversial budget move

In late March I talked about the Canadian Federal budget, which had been recently released, and how it included a measure to prevent companies from deducting interest on debt incurred to fund foreign operations. I couldn’t understand the logic of the move. It seemed strange for a conservative government normally known to be friendly toContinue reading “Canadian government backs down on controversial budget move”

Alberta kiboshes plan for single Canadian securities regulator

So much for mobile, accessible capital for growing Canadian businesses… Alberta Premier Ed Stelmach poured cold water yesterday on federal Finance Minister Jim Flaherty’s push for a nationwide securities regulator, saying he has no interest in moving beyond an alternative system provinces have set up. He said he’s content to stick with the “passport system”Continue reading “Alberta kiboshes plan for single Canadian securities regulator”

Bizarre taxes to put our situation into perspective

We like to complain (and for good reason) about the litany of taxes imposed on us by various levels of government, but this post on Neatorama details some bizarre taxes through history that make current ones seem tame. Peter the Great, czar of Russia, imposed a tax on souls in 1718…meaning everybody had to payContinue reading “Bizarre taxes to put our situation into perspective”