$600. No, the emergency disability benefit proposed in early June is not a monthly payment. Not even an annual one. The yet-to-be-approved program offers a one-time, tax-free payment of up to $600 per qualified applicant. It is expected to cost $595 million. In total, 1.33 million people can receive the benefit. If the program […]
All posts by profthaddeushwong
Should Canada Have a Wealth Tax?
Yes. No buts. No ifs. Just when. A minimum set of questions should be asked to decide whether Canada should have a wealth tax. What’s the purpose of a wealth tax? If one thinks a wealth tax is there solely to raise revenue, one just might be disappointed. Don’t get me wrong – it […]
Should the Canada Emergency Response Benefit (CERB) be extended a few more months?
That’s a question for the moment for Canada. Headlines like “Extending CERB for months could double $60-billion budget, PBO report suggests” would make deficit hawks scream. In order to start having a meaningful public discourse about this, a minimum set of policy questions is needed to be asked. What’s the policy purpose of Canada […]