Monthly Archives: March 2021
Do the self-employed opt out of the Canada Pension Plan?
In 2017, anyone with earnings was required to pay $4.95 in Canada Pension Plan contributions for every $100 of earnings (up to a maximum earnings threshold of $51,800 – rates here). For the employed, their $4.95 CPP/QPP contribution was matched by an equal contribution by their employer. However self-employed individuals are required to pay the […]
If you wanna run hot you gotta run steady
Canadian economist Richard Lipsey would always insist that the Phillips Curve is a curve, and not a straight line. Maybe because wages and prices are stickier down than up. Or maybe because unemployment can't go below 0%. Or both. Here's why that matters for macroeconomic policy: Suppose the central bank wants 2% inflation on average, […]
Worthwhile Canadian Initiative 
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