This paper analyzes the implications of alterative risk assumptions for estimates of the distorting effects of the corporate tax in Canada. These distortions are decomposed into three broad categories: inter-asset distortions; inter-industry distortions; and inter-temporal distortions. Estimates...

The current indirect tax system in Canada distorts economic activity in a variety of ways and has been the subject of considerable discussion as part of overall tax reform. In this paper, a general equilibrium model is used to analyze various changes in indirect taxes in Canada, focusing on...

The paper develops a regional general equilibrium model of the Canadian economy to analyze the sectoral and regional impacts of the major changes to the Canadian sales tax system. The results indicate that replacing the federal sales tax with the goods and service tax increases real output in...