The Missing Middle with Mike Moffatt and Cara Stern

Cara Stern, Mike Moffatt, and Meredith Martin

Welcome to the Missing Middle, a podcast about why the middle class in Canada is disappearing. We hope to help you understand why life is becoming unaffordable for so many in this country, and what can be done to reverse course.

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Episodes

Is Raising the Capital Gains Tax a Good Idea?
May 8 2024
Is Raising the Capital Gains Tax a Good Idea?
In this discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern are joined by tax lawyer Bhuvana Rai with Mors Tribute and estate lawyer Birute Luksenaite with Portfolio Estate Law. They talk about the  increase to the capital gains tax introduced by the government in the federal budget on April 16, 2024. They explain what capital gains are and how they are currently taxed. They also explore the arguments for and against the increase in the inclusion rate, including the potential impact on investment, fairness, and the ability of individuals to pass on assets to their children. The conversation highlights the complexity and competing opinions surrounding this tax policy change. The conversation explores the potential impact of the proposed changes to the capital gains tax in Canada. The guests discuss the challenges and concerns surrounding the new legislation, including the short timeline for implementation and the lack of opportunity for feedback. They also delve into the specific implications for different groups, such as doctors and small business owners, who may be disproportionately affected by the changes. Guests: Bhuvana Rai Tax Lawyer with Mors Tribute https://www.morstribute.ca/Birute Luksenaite an Estate lawyer with Portfolio Estate Law https://portfoliolaw.ca/Hosted by Mike Moffatt & Cara Stern Produced by Meredith Martin This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.
David Coletto: Why Millennials Broke Up with Trudeau
Mar 20 2024
David Coletto: Why Millennials Broke Up with Trudeau
In this discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern talk to Pollster David Coletto about  the shifting priorities of millennials and the generational divides in financial stability and housing. He explains that younger Canadians are less likely to prioritize climate change compared to older Canadians. The conversation explores the factors influencing these priorities, including the cost of living crisis, housing affordability, the impact of financial insecurity and the appeal of the Conservative Party to younger Canadians. The conversation highlights the challenges faced by political parties in attracting millennial voters and the relationship between political behaviour and life stage. The discussion concludes with an examination of the blame and responsibility for the housing crisis and the consequences of perceived institutional failure.If you stick around to the end you’ll get to witness Mike and Cara’s first recorded disagreement and the personal story of how David ended up becoming a pollster. Spoiler alert: it involves baseball.Links:https://thehub.ca/2024-03-19/mike-moffatt-and-cara-stern-the-dream-of-homeownership-is-dying/https://davidcoletto.substack.com/p/the-millennial-makeover-of-canadianhttps://abacusdata.ca/https://abacusdata.ca/building-a-better-future-for-canadians-policy-imperatives/Hosted by Mike Moffatt & Cara Stern Produced by Meredith Martin This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.