Why Does Canadian Public Policy Discourage Saving

question 28

Multiple Choice

Why does Canadian public policy discourage saving?

• A)because, other things the same, taxes increase the return from savings
• B)because means-tested programs such as Old Age Security provide greater benefits to those who saved
• C)because some forms of capital income are not taxed
• D)because capital gains are taxed heavily

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Definitions:

Immigration Policy

Government laws, regulations, and practices that control the entry, residence, and deportation of non-national individuals into its territory.

Incarceration

The confinement of individuals in prison or jail as a legal punishment for committing crimes.

Predatory Street Criminals

Refers to individuals or groups who engage in criminal activities on public streets, often targeting vulnerable populations for theft, assault, or other crimes.

Energy Sources

Various origins from which energy can be generated, including fossil fuels, nuclear, solar, wind, and hydroelectric power.