As of January 1, 2012, you will be making less money as Harper’s Employment Insurance Premium Hikes take effect. Workers will see their EI premiums rise 5% of insurable earnings to $1.83 while the maximum insurable pay has been raised to $45,900 from $44,200.
Those who qualify for the maximum over the year will lose $142 off their pay checks and their bosses will have to pay $164.
People will have less money due to this move and the Canadian Taxpayers Federation estimates that these premium hikes will make hiring more expensive. If we connect the dots, this means fewer jobs will be created.
“Across Canada there are governments that claim they are concerned about jobs and the economy, but at the same time they are taking hundreds of dollars of disposable income out of the pockets of Canadian families,” said CTF federal director Gregory Thomas.
“Between the employer and employee, you have $6,630 of payroll taxes. That’s the price of hiring a Canadian.”
A spokesman for Jim Flaherty argues that the tax relief over the years is sufficient for this to not be painful.
Meanwhile, the corporate tax hike will take another 1.5% cut to 15% as provinces join to cut towards 10% provincially.
This will bring Canada’s combined corporate tax rate down to 25% from 43% in 2000 and put Canadian corporations in a very competitive place in relation to other countries – too bad 97% of jobs in Canada are created by small businesses and that of the remaining 3%, corporations are likely a fraction. But, keep in mind that raising these taxes is detrimental and has worse consequences (it would be like raising taxes more than the amount that you want and then get another greedy grab off of the backs of consumers… us) – even if the economy worked great at those restore points.
Quebec, the most taxed province in North America will see another increase to the QST to make it now 9.5% and will also raise its EI premiums by 5.6%. Health taxes and tuition rates in Quebec will also go up, along with a soon to be increase of 1 cent per liter on gas.
In British Columbia, health taxes will raise by 6.4% for couples and 5.8% for individuals.
It goes to show that no matter how much a government claims to care about jobs, growth, the economy, and the people that ultimately pay the price, tax hikes are always a button away for them and they will soon be defending their financial mismanagements.
The Conservatives call themselves the party of low taxes, but while they didn’t yet raise the GST, like Mulroney did when he introduced it, they have increased EI premiums, an indirect tax grab, and they have taxed income trusts, which is a direct attack on retirement.
The Conservatives have announced that cuts will be made to healthcare and let’s face it, it had to happen sooner or later. While the Conservative approach may be against that of the Canadian will and may also align with a stern ideological aspect, the economic logic makes sense.
Regular users of the Canadian Healthcare system know that something isn’t right. The system is broken, inefficient and mismanaged. It has become expensive and for the causes that it has received greater funding, it has not improved. Our healthcare system still easily deserves a failing grade for wait times, understaffing and overall performance but while some believe that it is due to a lack of funds, the reality remains that the funds are mismanaged and that regardless how much money you throw in the system, it will be wasted and your healthcare won’t improve.
The election of 2006 was an election where the Conservatives placed repeated attacks against the Liberal Party for something called ad scam. The attacks were effective enough to get them into power and to slowly finish off the party. While many Canadians who bought the propaganda have declared and condemned the Liberal party as corrupt, evidence suggests that there was no link to Jean Chretien or even the Liberal Party.
Helena Guergis is suing Prime Minister Stephen Harper and the Conservative Party of Canada over defamation and an alleged conspiracy plan to keep her out of Parliament.
Canadians pay a lot of money every year. They pay a GST and PST or HST, they pay income taxes, they pay payroll taxes, they pay municipal property taxes and there is a tax for almost everything in Canada. These taxes overlap and soon we all find ourselves struggling to balance our budgets and wondering why money disappears so fast. Meanwhile, government officials tell us that they are doing their best to manage budgets which in most cases are in deep deficits and are leading up to huge debts and budget run offs. The money that we pay is supposed to go toward infrastructure and the services we count on and every time our taxes are raised, there is a promise for better service. Ironically, as taxes increase throughout the country, the quality of our roads and infrastructure, our education and healthcare, and the safety net that we are obliged to fund are all deteriorating. As we speak, public servants with inflated salaries and perks are going on spending sprees and having their unions try to hold taxpayers as hostages. As we speak, government officials are wasting our money and in some cases, even allegedly funding organized crime. Government and bureaucracy in Canada: hand in hand, putting their hands in the public piggy bank, it is time for change.
Peter Mackay came under fire again this week as his hotel spending came to light and it isn’t pretty. Mackay wasn’t alone, information has surfaced that a bureaucrat in charge of managing Aboriginal finances has been taking tax payers for a ride as well.
A new Harris-Decima poll suggests that the NDP is now tied with the Bloc Quebecois for first place in the province. At 26% a piece, the NDP has dropped significantly by 16 points since the May election. The NDP losses were distributed at 3 for the Bloc Quebecois, 1 for the Conservatives, 5 for Greens and 6 for the Liberals which shows the Liberals and Greens as the big gainers in Quebec to propel them to second/third place.
Jack Layton’s last attack in the May 2011 was aimed squarely at Michael Ignatieff and his Liberals. Touting that the NDP had a superior attendance record, the NDP managed to aid the Harper Conservatives in an attempt to hammer a nail on the Liberal coffin. The NDP are having a leadership race and all of them are uninspiring and on top of that, they are all among the worst parliamentarians in terms of attendance.
There is a $10 billion average difference between estimated structural budget balance forecasts between the Conservatives and budget watchdog Kevin Page.
Former Liberal PM Jean Chretien is warning Liberals that the Gun Registry, Kyoto Accord, and Wheat Board may just be the beginning in a Conservative ideological rampage which would change the face of Canada.
A lot of speculation has been put into the way that Harper is going to deal with the upcoming healthcare accord. If there is one thing we know, he won’t make a repeat of Paul Martin, he won’t make each province sign a separate deal (which is what most commentators thought he would so) and he won’t make a big summit where everyone must agree to one blueprint (like what Paul Martin did). However, despite, however Harper approaches this, there is one certainty: a new approach to healthcare will be taken – and frankly must be taken.
You can throw efficiency, accountability, prudent management and logic out the window with the current Conservative government. Instead of doing the right thing and cutting down on their fat, they unnecessarily increased it and are continuing to increase it as we speak. But that is not all. Parts of Tony Clements’s ‘accountable’ spending in his riding is being exposed and it most certainly will get ugly.
The state of our country and the state of our government can be described flawlessly with irony.
The NDP have added life to the House of Commons on Thursday as they exchanged an array of literature with their Conservative counterparts. After promising to make Ottawa a more civil place, senior NDP MP Pat Martin took it to himself to send F-bombs to all of his opponents and the junior elites have been suggesting books from the “For Dummies Series.”
It appears the ‘tough on crime’ Conservatives aren’t as worthy of that title as we think. In an ongoing dispute with Elections Canada, the Conservatives pleased guilty to lessen the consequences of their guilty individuals who would have faced jail time for Electoral Fraud.
Liberal Interim Leader Bob Rae slammed the Tory’s recent financial statement and offered up his own recipe to fixing Canada’s ailing economy.
Stephen harper may proudly pronounce that the Conservative Party is Canada’s party but if we look at the trends and the likely factors that brought the May 2011 result, we can see a different picture arise.
With the recent protests against Wall Street and Corporations, the NDP will likely be making political gains – they are after all, the anti- corporation party and most importantly, the “party of change.” However, if you analyze what they represent and what they would do if given a mandate, you can easily see that while they are on the other side of the room, they are more of the same.
All across the country, Canadians are buckling down as income slows and prices rise. As we speak, there is speculation of another recession that would put Harper’s rhetoric in a tailspin. However, if we look to Canada’s top soldier, he not only is spending more, he is using our money to do so.
At the age of 61, cancer won its last battle. At 4:45 am, Layton’s wife and children confirmed that he passed away.

The Champlain Bridge is crumbling down but for both the NDP and Conservatives, it isn’t a big issue. With the NDP only releasing a small statement and the Conservatives breaking their heads on how to deal with the documentation, bridge users – like myself – have absolutely no guarantee that the bridge will be replaced and there is no guarantee that the replacement will come before the bridge collapses and people die painful deaths as they plummet into the St. Lawrence.

If you leave Canada and the United States and go to England, you will notice a big difference in terms of your internet connection. Not only is it much cheaper, it is much faster. England didn’t pump billions into the system to get its widespread coverage and extremely low prices, they used regulations to increase competition and the companies that feared a loss in profits are now booming.
On April 25, a 500 page document was allegedly handed to the Liberal Party of Canada by Conservative insiders that contained an organized inventory of all of Stephen Harper’s controversial quotes ranging from abortion to western alienation.

The Americans have been fighting the war on drugs for more than 20 years with their tough-on-crime agenda. However, the Americans are now moving away from mandatory minimum sentences without any chance of parole as more than 20 states struggle to afford it in the current economic times. All the while, Tory PM Harper plans to impose their failed justice system on Canada.
While the provinces of Ontario and Quebec were quick to pounce on Harper’s proposed senate reforms, it turns out that Harper’s newly minted Conservative majority in the Red Chamber are rejecting the plan as they fear that retiring at an earlier age than 75 will greatly reduce their pension payments. Harper defended his appointments at the time stating that the purpose was to pass senate reform.

A new poll finds that the NDP surge wasn’t a fluke, but instead is here to stay, however, that didn’t stop 16 seats from going blue as a result. These vote splits mainly occurred in Ontario at the expense of the Liberals. Meanwhile, there is speculation as to whether the NDP’s Quebec counterpart the Quebec Solidaire would ride the same wave. A recent poll also suggests that if Quebec voted today, the separatist Parti Quebecois would form a majority government.