Search Results for: Municipal Revenues

IMFG Paper | 2014

A Better Local Business Tax: The BVT

This paper makes the case for a local business tax. The BVT is better than the discriminatory and heavy real property taxes currently levied on businesses in Ontario and other provinces. Moreover, such a tax would be complementary rather than competitive to VATs like the GST and HST.
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Video | 2014

Toronto: Looking Forward 2014-2018

This video features Toronto City Manager Joe Pennachetti in his third annual address to IMFG. In the presentation, he discusses the key challenges facing municipalities, the City’s fiscal position, and the strategic directions the City must weigh to build for the future.
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Presentation | 2013

Canada as an Investment Safe Haven: Implications for Municipal Credit

In recent years, we have seen a sharp increase in foreign demand for Canadian assets, including bonds issued by Canadian municipalities and provinces. IMFG Post-Doctoral Fellow Kyle Hanniman discussed the factors driving foreign investment in Canada's subnational bond market; the implications of these developments for municipal borrowing costs and credit spreads; and what, if anything, municipalities are doing to manage the risks and opportunities involved.
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