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Sunday News Roundup 24.06.09: Capital gains vote, Bondfield auditors, and more Canadian accounting news

Wrapping up the odds and ends from the past week in Canadian accounting news
Business

Carbon Tax: Correction demanded for 'big error' in carbon price report

A recent PBO report overestimated the real costs of the carbon tax because it mistakenly included the impact of industrial carbon prices on individual Canadians
Business

Less infrastructure funding leaves municipalities with tough decisions

Under a new funding formula, Alberta municipalities are receiving less funding from the provincial government than they did in 2011, leading to potential tax hikes
Business

Debate continues over impact of next minimum wage increase

In Niverville, Manitoba, one chartered professional accountant gives his perspective on a minimum wage that has increased by nearly four dollars in two years
Thought Leaders

Economic growth tops the priority list for Canadian policymakers — here’s why

There's nothing wrong with challenging our assumptions, say academics from the University of Saskatchewan, but interest rates are higher than growth rates
Business

Carbon rebate could bode well for businesses: advocate

Small businesses are pleased to see the carbon rebate being rolled out but are nervous about the repercussions of the capital gains tax changes
Business

Queen's profs weigh in on federal budget

Two Queen's University professors question whether the Liberals have thought through the implications of their changes to capital gains taxation
Business

Unpaid taxes by oil and gas companies remains a concern for rural municipalities

In recent years, the issue of oil and gas companies owing money to Alberta municipalities has become a significant concern, with millions in unpaid taxes
Thought Leaders

An economist explains: Textbook economics is badly flawed when it comes to climate change

Double standards abound on the carbon tax, says MacEwan University economics professor Junaid B. Jahangir, despite the support (and limits) of textbook economics
Thought Leaders

Stock markets signal a growing gap between Canadian and American clean tech firms

Canadian taxpayer-supported clean tech startups may move south of the border due to regulatory risk and political uncertainty despite substantial tax benefits
Thought Leaders

10 reasons why Canadians are still dissatisfied with the economy, despite the upswing

Four accounting academics explain the disconnect between the pessimism of Canadians and an economy that seems headed for a soft landing
Thought Leaders

Here’s what we can learn from Canada’s response to inflation in the 1980s and 1990s

Inflation is a tax on households, but don’t expect prices to revert to pre-pandemic levels, as interest rates could stay where they are for several more months