Who Benefits Most from Billions in Postsecondary Tax Credits? Not Low-Income Families
Canada's federal and provincial governments spend a lot of money subsidizing postsecondary students
By C.D. Howe Institute —— Bio and Archives--November 13, 2013
Canadian News, Opinion | Comments | Back To Full Article
TORONTO, - Postsecondary tax credits cost the federal and provincial governments billions of dollars each year, but are not distributed equitably and may have no proven effect in boosting enrolment, according to a report released today by the C.D. Howe Institute. In "What You Don't Know Can't Help You: Lessons of Behavioural Economics for Tax-Based Student Aid," author Christine Neill finds flaws in the design of postsecondary tax credits and recommends they be better-targeted at low-income families that need them most.
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