Intergenerational Justice in Public Finance: A Canadian case study

This study examines whether Canadian governments have adapted budgets for the ageing population in accordance with norms of intergenerational justice. Public finance data in 2016 are analysed compared to 1976 in light of three constructs: the elderly/non-elderly ratio of social spending change, inte...

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Main Author: Paul Kershaw
Format: Article
Language:English
Published: Tübingen University 2018-06-01
Series:Intergenerational Justice Review
Subjects:
Online Access:https://igjr.org/ojs/index.php/igjr/article/view/712
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author Paul Kershaw
author_facet Paul Kershaw
author_sort Paul Kershaw
collection DOAJ
description This study examines whether Canadian governments have adapted budgets for the ageing population in accordance with norms of intergenerational justice. Public finance data in 2016 are analysed compared to 1976 in light of three constructs: the elderly/non-elderly ratio of social spending change, intergenerational reciprocity, and ability to pay. Findings include that (i) governments increased per capita spending for seniors 4.2 times faster than for those under the age of 45; (ii) public finance requires younger Canadians to contribute 22%-62% more in income taxes for the elderly now by comparison with 1976; and (iii) the contemporary ageing population has a greater ability to pay than cohorts immediately before and after them.
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spelling doaj-art-8a6ea054ad6e4ac9875dfa4ddea57f522025-02-10T05:00:28ZengTübingen UniversityIntergenerational Justice Review2190-63352018-06-0141Intergenerational Justice in Public Finance: A Canadian case studyPaul Kershaw0University of British ColumbiaThis study examines whether Canadian governments have adapted budgets for the ageing population in accordance with norms of intergenerational justice. Public finance data in 2016 are analysed compared to 1976 in light of three constructs: the elderly/non-elderly ratio of social spending change, intergenerational reciprocity, and ability to pay. Findings include that (i) governments increased per capita spending for seniors 4.2 times faster than for those under the age of 45; (ii) public finance requires younger Canadians to contribute 22%-62% more in income taxes for the elderly now by comparison with 1976; and (iii) the contemporary ageing population has a greater ability to pay than cohorts immediately before and after them.https://igjr.org/ojs/index.php/igjr/article/view/712TaxesGovernment ExpendituresGenerational EquityHousing WealthPublic Reporting
spellingShingle Paul Kershaw
Intergenerational Justice in Public Finance: A Canadian case study
Intergenerational Justice Review
Taxes
Government Expenditures
Generational Equity
Housing Wealth
Public Reporting
title Intergenerational Justice in Public Finance: A Canadian case study
title_full Intergenerational Justice in Public Finance: A Canadian case study
title_fullStr Intergenerational Justice in Public Finance: A Canadian case study
title_full_unstemmed Intergenerational Justice in Public Finance: A Canadian case study
title_short Intergenerational Justice in Public Finance: A Canadian case study
title_sort intergenerational justice in public finance a canadian case study
topic Taxes
Government Expenditures
Generational Equity
Housing Wealth
Public Reporting
url https://igjr.org/ojs/index.php/igjr/article/view/712
work_keys_str_mv AT paulkershaw intergenerationaljusticeinpublicfinanceacanadiancasestudy