Microeconomics,, 16th Canadian Edition

governments, although the federal government makes the CST transfers to the provinces to finance part of the costs. Primary and ...

There is both an efficiency argument and an equity argument for subsidizing higher education. The efficiency argument is based o ...

Roughly half of the operating revenues of Canadian universities comes from provincial governments. Only 28 percent of revenues c ...

Healthcare is financed by government for reasons of both efficiency and equity. The efficiency argument is much the same as for ...

The Role of the Private Sector Much of the debate over the reform of Canada’s health-care system rests on the appropriate role o ...

Dramatically rising costs in Canada’s publicly financed healthcare sector represent a serious challenge for Canadian governments ...

poverty and increase individuals’ sense of economic security. Though no longer as prevalent as it was in Canada’s past and still ...

at least in principle, eliminate poverty entirely as low-income households eventually see their income rise above the threshold ...

Social assistance for individuals below retirement age, usually called welfare, is mainly a provincial responsibility in Canada. ...

The underlying principle of the negative income tax (NIT) is that a family of a given size should be guaranteed a minimum annual ...

The blue line shows after-tax income with an NIT. It starts at the guaranteed annual income of $10 000, rises by 60 cents for ev ...

Child Benefits The Canada Child Benefit is a federal non-taxable payment to parents of children under 18 and varies according to ...

the benefit pays $6496 annually for each child under the age of 6 and $5481 annually for each child between 6 and 17. The benefi ...

strive to preserve them. They can alter the system to make it deliver the intended benefits with fewer incentives for undesired ...

provides for most of the progressivity in the elderly benefits system. Over the past few decades, these two programs have togeth ...

18.4 Evaluating the Role of Government Earlier we stated that it is more informative to assess the progressivity of the overall ...

on different things, the government is changing the allocation of resources. Is this change good or bad? Should there be more sc ...

In his classic book The Affluent Society, the late John Kenneth Galbraith argued that Western democracies often undervalue publi ...

to spend beyond the point at which social marginal benefits equal social marginal costs. ...

Scope of Government Activity One of the most difficult problems for the student of the Canadian economic system is to maintain t ...