B.C. Business Matters:
Understanding the Limitations of Tax Increases – A Critique of CCPA’s Plea for Big Tax Increases on BC Businesses and Households
Recently, the Canadian Centre for Policy Alternatives (CCPA), a prominent union-backed Canadian think tank, released a study entitled “Progressive Tax Options for BC”. The basic premise of the study is that there is both a serious need and a significant desire among BC citizens for sizable tax increases to fund more services and re-distribute wealth to address inequality. In their words, BC has “plenty of room” to raise taxes. While this has been a common refrain from the CCPA for some time, this position is now backed with further research and the results of an on-line survey.
Metro Vancouver needs Regional Economic Development Strategy
In today’s global economy, the competition for talent, investment and high-value business activity increasingly is playing out at the metropolitan level. Indeed, urban regions are looming ever larger in the world economy. According to the Brooking Institution’s Global Metro Monitor, the 300 biggest cities and metro areas account for almost half of global gross domestic product, despite being home to only one-fifth of the world’s population.