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The Trudeau government is making your life even harder
Troy Media
/ Categories: Economy

The Trudeau government is making your life even harder

Increases to the Marginal Effective Tax Rate taking even more of your hard-earned money

THUNDER BAY, SAULT STE MARIE, ONTARIO  ~~~~~  September 20, 2022 (LSNews)  New Conservative leader Pierre Poilievre is correct when he says governments discourage work with taxes and clawbacks.

The Marginal Effective Tax Rate (METR) measures what government takes from each new dollar earned in taxes and clawbacks of income-related government benefits. In his leadership acceptance speech and an August 19 video called “Make work pay,” Poilievre said a single mom with three kids making $55,000 had an METR of 80 per cent.

Nobody can work for that. It’s not even minimum wage. She’s earning effectively $5 an hour in Canada. That is crazy. And it’s even worse for many people on disability assistance or on welfare,” Poilievre said in his video.

“No wonder we have one million job vacancies in Canada,” he added.

Franco Terrazzano, Federal Director for the Canadian Taxpayers Federation, says Poilievre is a welcome contrast to the Trudeau government.

Lee HardingAll we hear from this government is more spending, more debt and higher taxes. And it’s time that we hear politicians come up to the plate with ways to actually make life more affordable by letting Canadians keep more of their own money from taxes,” Terrazzano said.

“What Canadians need is real broad-based tax relief. We want to see income tax rates going down, not just tax credits here and there, but real tax relief for Canadians who work hard and see too much of their paychecks going to government.”

A federal study released earlier this year analyzed METRs based on data from 2017. Those making $24,739 to $33,724 per year had the highest METR at 41.3 per cent. METRs gradually lowered to 35.6 per cent for those making $60,904 to $72,547, then progressively rose to 40.3 per cent for those making $114,570 or more.

Current METRs are probably higher still. The Liberal government increased Canadian Pension Plan payroll taxes from 9.9 per cent in 2019 to 11.9 in 2023, half of which workers contribute. A federal carbon tax of $20 per tonne was introduced in 2019, rose gradually to $50 in 2022, and will be $170 by 2030.

Terrazzano can’t believe COVID-19 didn’t stop these tax increases in their tracks, as it stopped so many other things.

“Why is the government raising payroll taxes during the middle of a pandemic?” Terrazzano asks.

“Talk to so many Canadians, everyday Canadians. It’s tough to get ahead in this game. And one of the things that is making it tough to get ahead is the high taxes that governments continue to take from Canadians’ pockets.”

In his video, viewed more than 161,000 times, Poilievre promised to cut payroll taxes and income taxes, cap government spending, establish a task force to simplify the tax code, and work with the provinces to reform “intertwined and convoluted” welfare programs.

Canadian tax expert Jack Mintz, a long-time federal finance bureaucrat and former president of the University of Calgary School of Public Policy, says Poilievre is “absolutely right” about the problem and calls his solutions “sensible.”

“The introduction of the new [Canadian] Child Benefit program increased the clawback rates over a larger range of income. One example [of how the] Liberals made it worse,” Mintz said.

In 2018, Poilievre introduced Private Member’s Bill C-395, the Opportunity for Workers with Disabilities Act. The bill said workers with disabilities must always be allowed to earn more in wages than they lose in clawbacks and taxes. Unfortunately, the House of Commons voted the bill down at second reading.

University of British Columbia economics professor Keith Milligan said Poilievre had some email and phone exchanges with him before the bill’s introduction. He says the federal surplus of $10.2 billion from April through June this year makes it easier to lower the METR.

“It’s a real issue with the design of our tax and transfer system. It certainly was something that mattered,” Milligan said.

“I’m most concerned for people out there who are struggling to enter the labour market, that we do these kinds of calculations to make sure that we don’t put up barriers to them entering the workforce. We know a lot of people who are struggling, who really want to work to support their families, want to make sure that work pays off for them,” he added.

Lee Harding is Research Associate for the Frontier Centre for Public Policy.

#LSN_Econ  #LSN_SSM  #LSN_TBay 

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The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by Lake Superior News / Lake Superior Media.

Troy Media Founded in 2005, Troy Media has grown to become Canada’s largest independent provider of original editorial features, opinions and analysis. Content sourced from Troy Media appears in dozens of newspapers, news sites, blogs and radio reports daily. Annual readership is estimated to be greater than 750 million.

 

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«September 2022»
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  • Fighting Walleye welcome Soo Eagles for Teleco Cup
    Fighting Walleye welcome Soo Eagles for Teleco Cup

    Fighting Walleye welcome Soo Eagles for Teleco Cup

    THUNDER BAY, ONTARIO ~~~~~  September 2, 2022 (LSNews)  The Kam River Fighting Walleye are excited to host the Soo Eagles of the NOJHL in a three game exhibition series at Norwest Arena in Oliver Paipoonge. The teams will be working at capturing  the Teleco Cup over the labour day weekend.

    Heck of a game tonight, you won’t want to miss tomorrow night’s big rematch!

    This is the third annual Teleco Cup with the Thunder Bay North Stars capturing the inaugural cup and the Fighting Walleye winning last season. Fighting Walleye President is extremely grateful for the corporate support “ This is the third year that Teleco has come onboard as the presenting sponsor without incredible corporate partners like Teleco junior hockey wouldn’t exist. We are very excited for our fans to have the opportunity to watch the Walleye compete against such a quality organization in the Soo Eagles. Our hockey ops staff has done an incredible job assembling this years team and we are all excited to see them in action”

    #LSN_Sport  #LSN_SSM   #LSN_TBay 

    Read more
3
  • Fighting Walleye welcome Soo Eagles for Teleco Cup
    Fighting Walleye welcome Soo Eagles for Teleco Cup

    Fighting Walleye welcome Soo Eagles for Teleco Cup

    THUNDER BAY, ONTARIO ~~~~~  September 2, 2022 (LSNews)  The Kam River Fighting Walleye are excited to host the Soo Eagles of the NOJHL in a three game exhibition series at Norwest Arena in Oliver Paipoonge. The teams will be working at capturing  the Teleco Cup over the labour day weekend.

    Heck of a game tonight, you won’t want to miss tomorrow night’s big rematch!

    This is the third annual Teleco Cup with the Thunder Bay North Stars capturing the inaugural cup and the Fighting Walleye winning last season. Fighting Walleye President is extremely grateful for the corporate support “ This is the third year that Teleco has come onboard as the presenting sponsor without incredible corporate partners like Teleco junior hockey wouldn’t exist. We are very excited for our fans to have the opportunity to watch the Walleye compete against such a quality organization in the Soo Eagles. Our hockey ops staff has done an incredible job assembling this years team and we are all excited to see them in action”

    #LSN_Sport  #LSN_SSM   #LSN_TBay 

    Read more
4
  • Fighting Walleye welcome Soo Eagles for Teleco Cup
    Fighting Walleye welcome Soo Eagles for Teleco Cup

    Fighting Walleye welcome Soo Eagles for Teleco Cup

    THUNDER BAY, ONTARIO ~~~~~  September 2, 2022 (LSNews)  The Kam River Fighting Walleye are excited to host the Soo Eagles of the NOJHL in a three game exhibition series at Norwest Arena in Oliver Paipoonge. The teams will be working at capturing  the Teleco Cup over the labour day weekend.

    Heck of a game tonight, you won’t want to miss tomorrow night’s big rematch!

    This is the third annual Teleco Cup with the Thunder Bay North Stars capturing the inaugural cup and the Fighting Walleye winning last season. Fighting Walleye President is extremely grateful for the corporate support “ This is the third year that Teleco has come onboard as the presenting sponsor without incredible corporate partners like Teleco junior hockey wouldn’t exist. We are very excited for our fans to have the opportunity to watch the Walleye compete against such a quality organization in the Soo Eagles. Our hockey ops staff has done an incredible job assembling this years team and we are all excited to see them in action”

    #LSN_Sport  #LSN_SSM   #LSN_TBay 

    Read more
  • HYMERS FALL FAIR 2022 Labour Day Weekend
    HYMERS FALL FAIR 2022 Labour Day Weekend

    HYMERS FALL FAIR 2022 Labour Day Weekend

    THUNDER BAY, ONTARIO ~~~~~  August 26, 2022 (LSNews)  The Hymers Agricultural Society is proud to announce its 110th Year and extremely excited to announce this year’s Hymers Fall Fair!! This year’s theme we will be celebrating “Apple Trees and Honey Bees.” There will be a full line-up of music to kick up your heels to, starting at 9:30 am both days, so we hope everyone will get an early start to the day and take in some music before visiting all of our wonderful animal features!

    #LSN_CircleTour #LSN_TBay 

    Read more
  • Sensational Hot Rods at Chippewa Park
    Sensational Hot Rods at Chippewa Park

    Sensational Hot Rods at Chippewa Park

    THUNDER BAY, ONTARIO ~~~~~  September 1, 2022 (LSNews)  The Friends of Chippewa Park announced today that the final Sundays in the Park Concert series will feature the Sensational Hotrods, one of the most popular entertainment groups in Northwestern Ontario.

    #LSN_TBay  #LSN_Arts 

    Read more
5
  • HYMERS FALL FAIR 2022 Labour Day Weekend
    HYMERS FALL FAIR 2022 Labour Day Weekend

    HYMERS FALL FAIR 2022 Labour Day Weekend

    THUNDER BAY, ONTARIO ~~~~~  August 26, 2022 (LSNews)  The Hymers Agricultural Society is proud to announce its 110th Year and extremely excited to announce this year’s Hymers Fall Fair!! This year’s theme we will be celebrating “Apple Trees and Honey Bees.” There will be a full line-up of music to kick up your heels to, starting at 9:30 am both days, so we hope everyone will get an early start to the day and take in some music before visiting all of our wonderful animal features!

    #LSN_CircleTour #LSN_TBay 

    Read more
6789
  • WTIP Announces Lineup for 15th Annual Radio Waves Music Festival
    WTIP Announces Lineup for 15th Annual Radio Waves Music Festival

    WTIP Announces Lineup for 15th Annual Radio Waves Music Festival

    COOK COUNTY, MINNESOTA ~~~~~  April 13, 2022 (LSNews)  Grand Marais, WTIP Community Radio is thrilled to announce the lineup for the 2022 Radio Waves Music Festival, Sept. 9 to 11, at Sweetheart’s Bluff in the Grand Marais Recreation Area. This marks the 15th year of this family-friendly festival, which features an array of diverse local and regional acts that span musical genres from folk singer-songwriters, classic country, R & B, rap and alt-rock to funk, zydeco and New Orleans jazz. The event showcases three days of live music under the big sky and bright stars on the North Shore of Lake Superior

    #LSN_Arts  #LSN_CookCounty  #LSN_MNNews 

    Read more
  • Shuniah Forty Miner
    Shuniah Forty Miner

    Shuniah Forty Miner

    THUNDER BAY, ONTARIO  ~~~~~  June 16, 2022 (LSNews)  The largest bike event in Northwestern Ontario is returning for 2022. The Shuniah Forty Miner Presented by Tbaytel, is a mountain bike marathon cross country race with the 48 kilometer race as the feature. Last year we saw over 500 people in attendance and this year, with COVID restrictions lifted, the Blacksheep Mountain Bike Club is expecting quite a large turn out. The event takes place September 9th and 10th at the beautiful Kinsman Park with the trails in Trowbridge Forest in Thunder Bay, ON

    #LSN_Sports  #LSN_Outdoors  #LSN_CircleTour

    Read more
  • Shuniah Forty Miner bike Event
    Shuniah Forty Miner bike Event

    Shuniah Forty Miner bike Event

    THUNDER BAY, ONTARIO ~~~~~  September 6, 2022 (LNews)  The largest bike event in Northwestern Ontario is returning for 2022. The Shuniah Forty Miner
    Presented by Tbaytel, is a mountain bike marathon cross country race with the 48 kilometer race as the feature. Last year we saw over 500 people in attendance and this year, with COVID restrictions lifted, the Blacksheep Mountain Bike Club is expecting quite a large turn out. The event takes place September 9th and 10th at the beautiful Kinsman Park on the trails in Trowbridge Forest in Thunder Bay, ON

    #LSN_Sport  #LSN_TBay  #LSN_NorWest

    Read more
10
  • WTIP Announces Lineup for 15th Annual Radio Waves Music Festival
    WTIP Announces Lineup for 15th Annual Radio Waves Music Festival

    WTIP Announces Lineup for 15th Annual Radio Waves Music Festival

    COOK COUNTY, MINNESOTA ~~~~~  April 13, 2022 (LSNews)  Grand Marais, WTIP Community Radio is thrilled to announce the lineup for the 2022 Radio Waves Music Festival, Sept. 9 to 11, at Sweetheart’s Bluff in the Grand Marais Recreation Area. This marks the 15th year of this family-friendly festival, which features an array of diverse local and regional acts that span musical genres from folk singer-songwriters, classic country, R & B, rap and alt-rock to funk, zydeco and New Orleans jazz. The event showcases three days of live music under the big sky and bright stars on the North Shore of Lake Superior

    #LSN_Arts  #LSN_CookCounty  #LSN_MNNews 

    Read more
  • Shuniah Forty Miner
    Shuniah Forty Miner

    Shuniah Forty Miner

    THUNDER BAY, ONTARIO  ~~~~~  June 16, 2022 (LSNews)  The largest bike event in Northwestern Ontario is returning for 2022. The Shuniah Forty Miner Presented by Tbaytel, is a mountain bike marathon cross country race with the 48 kilometer race as the feature. Last year we saw over 500 people in attendance and this year, with COVID restrictions lifted, the Blacksheep Mountain Bike Club is expecting quite a large turn out. The event takes place September 9th and 10th at the beautiful Kinsman Park with the trails in Trowbridge Forest in Thunder Bay, ON

    #LSN_Sports  #LSN_Outdoors  #LSN_CircleTour

    Read more
  • Shuniah Forty Miner bike Event
    Shuniah Forty Miner bike Event

    Shuniah Forty Miner bike Event

    THUNDER BAY, ONTARIO ~~~~~  September 6, 2022 (LNews)  The largest bike event in Northwestern Ontario is returning for 2022. The Shuniah Forty Miner
    Presented by Tbaytel, is a mountain bike marathon cross country race with the 48 kilometer race as the feature. Last year we saw over 500 people in attendance and this year, with COVID restrictions lifted, the Blacksheep Mountain Bike Club is expecting quite a large turn out. The event takes place September 9th and 10th at the beautiful Kinsman Park on the trails in Trowbridge Forest in Thunder Bay, ON

    #LSN_Sport  #LSN_TBay  #LSN_NorWest

    Read more
  • Twin of Chippewa Park Carousel Horse
    Twin of Chippewa Park Carousel Horse

    Twin of Chippewa Park Carousel Horse

    THUNDER  BAY, ONTARIO ~~~~~  August 22, 222022 (LSNews)  On July 21, Canada Post released an enchanting set of stamps to celebrate the wonder and playfulness of vintage carousels in Canada.

    #LSN_TBay #LSN_CircleTour  

    Read more
11
  • WTIP Announces Lineup for 15th Annual Radio Waves Music Festival
    WTIP Announces Lineup for 15th Annual Radio Waves Music Festival

    WTIP Announces Lineup for 15th Annual Radio Waves Music Festival

    COOK COUNTY, MINNESOTA ~~~~~  April 13, 2022 (LSNews)  Grand Marais, WTIP Community Radio is thrilled to announce the lineup for the 2022 Radio Waves Music Festival, Sept. 9 to 11, at Sweetheart’s Bluff in the Grand Marais Recreation Area. This marks the 15th year of this family-friendly festival, which features an array of diverse local and regional acts that span musical genres from folk singer-songwriters, classic country, R & B, rap and alt-rock to funk, zydeco and New Orleans jazz. The event showcases three days of live music under the big sky and bright stars on the North Shore of Lake Superior

    #LSN_Arts  #LSN_CookCounty  #LSN_MNNews 

    Read more
121314
  • Central Canada Resource Expo
    Central Canada Resource Expo

    Central Canada Resource Expo

    THUNDER BAY, ONTARIO  ~~~~~  July 30, 2022 (LSNews) Central Canada Resource Expo is a gathering place for all those who thrive in the business of resources (Mining, Forestry and Energy). The expo will be showcasing the latest in resource technologies, expand the discussion of sustainable development with industry leaders and provide a forum that fosters economic regional growth. The Expo is an opportunity to network with experts, ask questions, see the latest in technology and where the industries are going tomorrow. Cen-Can Resources Expo will be showcasing the richness of opportunities to the world Sept 14th -15th at the Canadian Lakehead Exhibition grounds in Thunder Bay.

    #LSN_Econ  #LSN_TBay  #LSN_NorWest

    Read more
15
  • Central Canada Resource Expo
    Central Canada Resource Expo

    Central Canada Resource Expo

    THUNDER BAY, ONTARIO  ~~~~~  July 30, 2022 (LSNews) Central Canada Resource Expo is a gathering place for all those who thrive in the business of resources (Mining, Forestry and Energy). The expo will be showcasing the latest in resource technologies, expand the discussion of sustainable development with industry leaders and provide a forum that fosters economic regional growth. The Expo is an opportunity to network with experts, ask questions, see the latest in technology and where the industries are going tomorrow. Cen-Can Resources Expo will be showcasing the richness of opportunities to the world Sept 14th -15th at the Canadian Lakehead Exhibition grounds in Thunder Bay.

    #LSN_Econ  #LSN_TBay  #LSN_NorWest

    Read more
1617
  • 39th Annual Toys for Tots Motorcycle Ride
    39th Annual Toys for Tots Motorcycle Ride

    39th Annual Toys for Tots Motorcycle Ride

    THUNDER BAY, ONTARIO  ~~~~~  September 14, 2022 (LSNews)   Motorcycle enthusiasts ride this Saturday in the 39th Anniversary Toys for Tots Ride in support of The Salvation Army Christmas Toy Campaign.

    Bikes sporting stuffed animals, trucks, dolls, and other toys will make their way across town to deliver their gifts. They will gather at Thunder Bay Harley-Davidson between 12:00 and 1:00 p.m. on Saturday, September 17, 2022.  The ride will leave at 1:00 p.m. with the bikers travelling through the city to The Salvation Army’s new Journey to Life Centre on Cumberland St. arriving about 1:25 p.m. where they will present their gifts.  Financial donations are also accepted.  Anyone not able to participate in the ride can drop off donations at The Salvation Army Journey to Life Centre prior to the ride.

    #LSN_TBay  #LSN_NorWest

    Read more
18
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  • 3rd Annual Golf for the Good
    3rd Annual Golf for the Good

    3rd Annual Golf for the Good

    COOK COUNTY, MINNESOTA  ~~~~~~ September 7, 2022  (LSNews)     Superior National at Lutsen is once again partnering with the North Shore Health Care Foundation to bring you the 3rd Annual Golf for the Good – NSHCF Weekend on Friday, Sept. 30 and Saturday, Oct. 1. It’s coming up fast and we need you!

    #LSN_Health  #LSN_CookCounty 

    Read more
1
  • 3rd Annual Golf for the Good
    3rd Annual Golf for the Good

    3rd Annual Golf for the Good

    COOK COUNTY, MINNESOTA  ~~~~~~ September 7, 2022  (LSNews)     Superior National at Lutsen is once again partnering with the North Shore Health Care Foundation to bring you the 3rd Annual Golf for the Good – NSHCF Weekend on Friday, Sept. 30 and Saturday, Oct. 1. It’s coming up fast and we need you!

    #LSN_Health  #LSN_CookCounty 

    Read more
  • Applications Due Oct 1 for Last Round of 2022
    Applications Due Oct 1 for Last Round of 2022

    Applications Due Oct 1 for Last Round of 2022

    COOK COUNTY, MINNESOTA  ~~~~~sEPEMBER 16, 2022 (LSNews)  The North Shore Health Care Foundation (NSHCF) will be awarding its final round of 2022 grant funds this fall. Applications for Foundation funding for projects that work toward a healthy community for all are due Saturday, Oct. 1 by 4 pm.

    The Foundation works to address gaps in health care and community health-related needs in Cook County. A total of $34,000 has been budgeted for in the 2022 NSHCF budget to help fund community organizations and programs that contribute to equitable health care and healthy living in Cook County this year, through the semi-annual community grant program.

    #LSN_Health   #LSN_CookCounty   %LSN_MNNews 

    Read more
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