This article analyzes the competitive situation of pension funds vis-à-vis conventional taxable investors investing in real estate. It assesses the rate of return effects that arise because of differences in tax rules applying to the principal investment vehicles available. A particular focus...

In Locking v McCowen (2015 ONSC 4435) the Ontario Superior Court of Justice dismissed a breach of fiduciary duty claim against several Real Estate Investment Trust (REIT) trustees. The decision is problematic because the Court wrongly assigned legal personality to the trust and disregarded the...

This comparative study of the relationship between family economic background and adult outcomes in the United States and Canada addresses three questions. First, is there something to explain? We suggest that the existing literature finds that there are significant differences in the degree of...

Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...