Thomas A. Wilson

Michael Smart

Charles M. Beach

The 2006 federal budget was the first for a new Conservative minority government led by a prime minister from the west. As a platform for implementing distinctive election promises, the 2006 budget offered ample opportunity for rethinking fiscal priorities in Canada, such as cutting the GST, addressing fiscal imbalance with the provinces, and finding a different approach to childcare and child benefits. The papers in this volume examine the political and economic context informing the 2006 budget as well as lessons from recent U.S. tax policy debates and a quantitative evaluation of the impact of the overall budget package on the Canadian economy. Special attention is devoted to alternative federal tax structures, fiscal imbalance, and the recent federal Blue Ribbon report. Contributors also look at the new federal policy on childcare and child benefits, how the budget relates to productivity and competitiveness, and general sustainability of the new fiscal plan.

Rethinking Fiscal Priorities

The 2006 Federal Budget

John Deutsch Institute for the Study of Economic Policy

University of Toronto. Institute for Policy Analysis

In this collection of essays leading Canadian policy analysts focus on a range of issues and implications arising from the 1997 federal budget. Essays include a comparative assessment of the Paul Martin and Michael Wilson budgets, an assessment of the emerging fiscal dividend and an evaluation of alternative ways in which it can be spent, a comprehensive overview of the proposed child benefits package, an in-depth examination of new proposals for both the Canada Pension Plan/Quebec Pension Plan and employment insurance, and an empirical review of the fiscal stance as it relates to employment and the output gap. Essays also examine provincial budget issues, including a retrospective on the series of budgets tabled by retiring Alberta treasurer Jim Dinning and an overview of the deficit and deficit performance of the provinces over the last decade.

Retrospect and Prospect

The 1997 Federal Budget

Thomas J. Courchene

When will the fiscal dividend appear and what is its likely magnitude? Should deficit targets be replaced by debt targets or debt/GDP targets? Should the fiscal dividend focus on tax cuts and increases in program expenditures? Should the Canadian government shift away from an annual deficit target to budget balance over the cycle to allow automatic stabilizers to play their important buffering role? And if so, what level of contingency reserve is necessary to ensure that cyclical budget balance can be met? Addressing these and other important questions, Fiscal Targets and Economic Growth provides valuable insights into labour force trends, productivity, long-term projections, automatic stabilizers, fiscal prudence, Optimal debt ratios, and investing the fiscal dividend.

Proceedings of a Conference Held in Kingston, 5-6 September, 1997

Fiscal Targets and Economic Growth

"The sacred landscape of imperial China was dotted with Buddhist monasteries, Daoist temples, shrines to local deities, and the altars of the mandarinate. Prominent among the official shrines were the temples in every capital throughout the empire devoted to the veneration of Confucius. Twice a year members of the educated elite and officials in each area gathered to offer sacrifices to Confucius, his disciples, and the major scholars of the Confucian tradition. The worship of Confucius is one of the least understood aspects of Confucianism, even though the temple and the cult were highly visible signs of Confucianism’s existence in imperial China. To many modern observers of traditional China, the temple cult is difficult to reconcile with the image of Confucianism as an ethical, humanistic, rational philosophy. The nine essays in this book are an attempt to recover the meaning and significance of the religious side of Confucianism. Among other subjects, the authors analyze the social, cultural, and political meaning attached to the cult; its history; the legends, images, and rituals associated with the worship of Confucius; the power of the descendants of Confucius, the main temple in the birthplace of Confucius; and the contemporary fate of temples to Confucius."

Culture, Society, Politics, and the Formation of the Cult of Confucius

On Sacred Grounds

Beginning in the late Southern Sung one sect of Confucianism gradually came to dominate literati culture and, by the Ming dynasty, was canonized as state orthodoxy. This book is a historical and textual critique of the construction of an ideologically exclusionary conception of the Confucian tradition, and how claims to possession of the truth—the Tao—came to serve power.

Thomas A. Wilson

About

Books

Join the club