In this paper, the tax and regulatory system applicable to petroleum production in Canada is modeled so that an estimate can be made of its impact on private investor’s evaluation of petroleum resources located in that country. This analysis is made from both the point of view of an investor...

Of the various types of financing instruments generally used because of the particular tax treatment they receive two of the more popular are limited partnerships and flow-through shares. This article attempts to evaluate their efficiency- that is, to determine the present value of tax revenues...

This paper investigates the reaction of interest rates to changes in domestic and foreign monetary policies during periods of fixed and flexible exchange rates. In the empirical sections of this study we analyze the relationship between Canadian interest rates and some of their important...

The main body of theory concerned with the gains and losses incurred because of international investment has been carried out in the context of a two factor-two country-good model in which labour is immobile internationally while some of the capital goods of the home country are invested abroad....

The Canadian government has tried almost every conceivable policy to assist declining firms, industries and regions. Such programs have included loans, grants, investment tax credits, special unemployment compensation, early retirement plans, employment tax credits and nationalization. The...

This study examines the employment experience of workers in Canada who were unemployed at some point during the period 1972 through 1979. The employment-unemployment experience of workers over this eight-year period was derived from a data base constructed from the one-in-ten sample of the...

When a large number of firms are not able to use the tax preferences as fast as legally allowed, pressures arise to create innovative after-tax financing (tax shelter) instruments. The purpose of these financing instruments is to transfer the tax losses of the corporation to investors who are...