Thought Leaders

Thought Leaders

Canadian federal budget 2024: Does it deliver on ‘generational fairness’ promise for Gen Z and Millennials?

Whether the federal budget will help millennials and Gen Z through tax initiatives, says Gustavson accounting professor Douglas A. Stuart, is subject to speculation
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

Fossil fuel subsidies cost Canadians a lot more money than the carbon tax

Subsidies cost Canadian taxpayers roughly $214 per taxpayer every year — and unlike the federal carbon tax, Canadians don’t get a rebate on this tax
Thought Leaders

PwC Australia ethics breach: Differences in Canadian and Australian CPA regulation

Though similiar, there are important differences between Australian and Canadian professional rules of conduct explains accounting professor George Gonzalez
Thought Leaders

Ethnic diversity is still a serious issue at the top level in accounting firms

Research suggests women and minorities are under-represented at senior positions in Canadian accounting firms despite measures to improve diversity
Thought Leaders

Taxes aren’t just about money — they shape how we think about each other

Research shows taxpayers perceive paying income tax, but not regressive sales taxes, as contributing as a citizen for the purpose of the common good
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
Thought Leaders

Why do some organizations’ boards fail? The answer might lie in how directors perceive their expertise and responsibilities

Board directors develop their own oversight style and interpretations of responsibilities says accounting Professor Oriane Couchoux, PhD, CPA
Thought Leaders

Driving the best possible bargain now isn’t the best long-term strategy, according to game theory

Negotiating a new deal? New research suggests that a nonzero-sum game strategic approach to negotiating may produce more value creation in the long run
Thought Leaders

Why the world is turning away from the US dollar

Geopolitical divisions with the United States will continue to cause additional friction and the role of the US dollar is almost certain to become more limited
Thought Leaders

Canadians are losing faith in the economy — and it’s affecting their perception of inequality

A tax system that favours the wealthy is among perceptions of inequality that are contributing to disillusionment among Canadian workers
Thought Leaders

Australia has one of the weakest tax systems for redistribution among industrial nations – Stage 3 tax cuts will make it worse

Where does Canada rank on the global scale of income redistribution through taxation? Jim Stanford’s article on the gini coefficient provides answers
Thought Leaders

Is capitalism dead? Yanis Varoufakis thinks it is – and he knows who killed it

In light of the deal between Canada and Google, we present this thought leadership article on technofeudalism, an economics term coined by Yanis Varoufakis
Thought Leaders

Opinion: The future of a unified Canadian accounting profession

There was a time when the Canadian accounting profession looked like it was headed towards specialization. What happened?, asks Nick A. Shepherd
Thought Leaders

Wealthy but worried: why the UK’s top 10% are turning their backs on the rest of society

A thought leadership article on high income earners in the UK may hold some insights into Canadian attitudes towards inequality and taxation among the wealthy
Thought Leaders

IRS is using $60B funding boost to ramp up use of technology to collect taxes — not just hiring more enforcement agents

After a decade of underfunding, the Internal Revenue Agency is receiving a cash injection, similar to the reinvestment in the CRA by the Trudeau government
Thought Leaders

Benefits of paperless processing for taxpayers: Lessons for CRA from the IRS

Canadian taxpayers will benefit if the CRA follows the IRS in the paperless processing of income tax returns but not at the expense of customer service
Thought Leaders

Challenges to free trade reveal a big change in conservative ideology

A shift in conservative ideology towards protectionism, not free trade, is not new in Canada and could have profound effects for business leaders such as CPAs
Thought Leaders

The shift to working from home will be difficult to reverse

White collar workers, including managers and executives, prefer to work from home. Employers now face the challenge of accommodation and inequities
Thought Leaders

GAAR Clips Westminster’s Wings

Vern Krishna, whose work was cited in the Deans Knight decision by the Supreme Court of Canada, explains the history of the Westminster principle and GAAR
Thought Leaders

Alberta: Why we need to rewrite the script on corporate taxes

Corporate tax cuts did not save jobs in Alberta and wealthy people do not choose where to live based on taxes, says economics professor Junaid B. Jahangir
Thought Leaders

Will Danielle Smith veer back to the right and towards Alberta separatism?

The taxation and economic issues to watch for in the coming months from a newly elected majority government in Alberta, according to Robert L. (Bob) Ascah
Thought Leaders

Deans Knight: The return of the GAAR

The Supreme Court of Canada's decision in Deans Knight is a breath of fresh air and strikes a more appropriate balance, says Allan Lanthier