Jordan Brennan – The Progressive Economics Forum

Some comments on the Financial Accountability Office of Ontario’s minimum wage commentary

September 13, 2017 Jordan Brennan 4 comments

The Financial Accountability Office of Ontario (FAO)—an independent, arm’s length, non-partisan research institute—released a paper on September 12th outlining the likely economic impacts flowing from the pending minimum wage increase (see here). The FAO’s findings are already garnering significant media attention and will almost certainly be used by the opponents of Bill 148 as further proof that the Ontario Government […]

Some missing elements from the Canadian TPP debate

October 27, 2015 Jordan Brennan 2 comments

With an agreement reached on the Trans Pacific Partnership, the 12-member trade and investment treaty, opinions began swirling about what the deal means for the future of Canada. Plenty of facts have been bandied about in an effort to clarify the TPPâ€™s significance: 12 Pacific Rim countries, 800 million people, 36 percent of global GDP and 25 percent of global […]

Canada’s failed experiment with corporate income tax cuts

September 11, 2015 Jordan Brennan 4 comments

After a generation of comparatively high corporate income tax (CIT) rates, in the late 1980s Canadian governments at the federal and provincial levels began a series of corporate income tax reforms. According to many mainstream (“neoclassical”) economists, reducing CIT rates was a wise public policy. A reduced CIT rate means a reduction in the cost of capital, thus inducing a […]