-
... other innovative activities are taxed at rates above many countries, creating a disincentive to c...By far the largest tax subsidy is the federal Scientific Research and Experimenta... R&D spending, such as changes in output, interest rates, industry composition, etc. The results of s...
-
As China and other countries seek to decentralize the financial practices of their sub-national governments, designing relevant institutions and rules looms as a major policy issue. The purpose of this paper is to clarify the capital market behaviour of Canadian provincial and municipal governments (PMGs), given their financing choices, and to draw relevant comparisons to American state and local government (SLG) debt financing practices. After identifying relevant elements of the federalism structure in the two countries, the paper compares the institutional rules and roles that comprise the capital acquisition behaviour of sub-national borrowers. The paper concludes by highlighting key points of difference in this important area of fiscal federalism. Both Canada and the United States ...
... (and some state) income taxes for the interest earned. This tax-exempt capital market permits Ame...Instead of borrowing at a higher rate, SLGs borrow at rates that average 40 basis points... securities and receive an interest rate subsidy from the US Treasury to account for the difference...
-
... Danish public opinion was far more interested in the minister's cavalier approach than the subst..., and prescribes the amount of the annual subsidy to be paid by the Danish government--3.4 billion k..., sexual violence, a very high suicide rate, significant brain-drain, and severe lack of train...
-
... In so doing, it has interfered with the interests protected by s. 7 of the Canadian Charter. [123-12...Insurance rates are regulated to prevent insurers from charging hi... Scotia), or eliminating any form of cross-subsidy from the public to the private sector (Quebec, Bri...
-
..., prospective students face an uncertain rate of return on investments in human capital. . Peopl..., then, banks would generally not be interested in the underwriting of human capital investments. ... risk shifting implies a higher degree of subsidy from the general taxpayer to borrowers, and a high...
-
...-cost rental and social housing and other subsidy programs. In 1954, CMHC entered the mortgage insur... made in the context of a rising inflation rate--whose consequences were poorly understood at the time--and a directly related rising interest rate environment. The commitments families entered...
-
... opportunity was thereby afforded to interested persons to make representations to the Minister of... public authority, whether as a grant, subsidy, forgivable loan, deduction from royalty or tax, i... of section 56 of the Act, the prescribed rate of interest for any period is the rate prescribed ...
-
... have resulted in an increased interest in regional trade agreements. Clearly, if the Doha...These products are subject to tariff-rate quotas with generally prohibitive over-quota tarif... be achieved even in the case of export-subsidy motivated tariffs. For example, the E U import tar...
-
..., and the Northern Industrial Electricity Rate Program. The first recommendation (12.10) is to ... (12.11) is to review the other subsidy programs against value for money and what policy g... result in a 4% savings on provincial interest costs. The Commission notes that "any full divesti...
-
... A possible lawsuit could hike the bonds' interest rate. "I can tell you that we are prepared to clos... about buying bonds to back a corporate subsidy that appears to be an illegal deal in violation of...