Posts Tagged ‘economy’
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How shamelessly has Doug Ford ground down Ontario’s colleges and universities? Let me count the ways
Tuesday, February 13th, 2024
The Tories set up a fancy-sounding Blue Ribbon Panel on Post-secondary Education that quickly focused on fixing the distorted bottom line with straightforward advice: Stop cutting tuition and stop freezing funding… Let’s not confuse efficiencies with distortions. By profiting from the penury of post-secondary institutions — boosting his own bottom line while starving universities and contorting colleges — Ford is giving the province a costly lesson about false economies.
Tags: budget, economy, featured, ideology
Posted in Education Policy Context | No Comments »
Cure for the Public Debt Pandemic: An Economic-Principles-Based Fiscal Anchor
Friday, February 2nd, 2024
… we don’t have a textbook fiscal policy but rather a counter-recession and pro-expansion debt policy… over a business cycle, the net accumulation of public debt should be equal to the value of income-generating investments. This anchor would fluctuate with changes in business conditions but would guide policymakers to maintain the tight relationship of its two parts over time… We can call this anchor “net economic public debt.”
Tags: budget, economy, globalization, ideology
Posted in Debates | No Comments »
For Ed Broadbent, socialism meant providing for average people — and fighting for the cause
Sunday, January 28th, 2024
For Ed, democratic socialism meant waging a constant battle against the inequality-producing tendencies of the market. It meant institutions that were democratically accountable shaping markets to serve the needs of people not private interests… The right to affordable housing and dental care, for example… ought to be guaranteed rights of citizenship. Being rights, not privileges, they should be available to everyone
Tags: economy, ideology, participation, rights, standard of living
Posted in Governance History | No Comments »
Ontario is dead last in program spending—again
Sunday, January 28th, 2024
In 2022, Ontario’s program spending per capita was $3,863 less than the average of the other provinces. This means that for every dollar per person spent on programs in other provinces, Ontario spent 75 cents… there is no evidence—and no one is claiming—that Ontario’s low spending is the result of some magical efficiency in program delivery here. There’s nothing efficient about having too few nurses.
Tags: budget, economy, featured, ideology, jurisdiction, standard of living, tax
Posted in Governance Policy Context | No Comments »
What the cap on international students means for Doug Ford’s government
Friday, January 26th, 2024
Ontario’s post-secondary sector has become increasingly reliant on the high tuition fees paid by foreign students and has recruited them in staggering numbers… Those numbers are to be cut in half, the federal Minister of Immigration, Refugees and Citizenship, Marc Miller said this week. Deciding how to divvy up that far slimmer allocation of international students among Ontario’s universities and colleges will be up to the provincial government.
Tags: budget, economy, housing, ideology, immigration, jurisdiction
Posted in Education Delivery System | No Comments »
Swelling CEO salaries highlight income inequality
Monday, January 22nd, 2024
The average worker received an average wage increase of three per cent in 2022 while prices rose by more than twice that amount… The financial disconnect between CEOs and the employees who work for them underscores broader issues of income inequality and affordability. We need quality research and robust debate on how to address income inequality and stagnating wages for those not privileged to work in the c-suites.
Tags: economy, ideology, standard of living
Posted in Equality Debates | No Comments »
Canada unveils new restrictions on work permits for international students, spouses
Monday, January 22nd, 2024
Starting on Sept. 1, the federal government will stop issuing postgraduate work permits to international students who graduate from programs provided under so-called Public College-Private Partnerships, Immigration Minister Marc Miller said… “I’m not the minister of post-secondary education underfunding. I’m the minister of immigration. Clearly in the last decade or so or even longer, post-secondary institutions in Canada have been underfunded by provinces.”
Tags: economy, featured, immigration, jurisdiction, standard of living
Posted in Policy Context | No Comments »
Ford government’s controversial plan for private medical clinics will begin this spring
Sunday, January 21st, 2024
The Ontario government will approve more privately owned clinics to provide diagnostic services like CTs and MRIs and surgeries starting April 1… critics fear will bleed the public health system of doctors, nurses and other resources at a time when patients face record waits in hospital emergency rooms… Ontario currently has more than 900 private clinics in operation, mainly providing X-rays and other diagnostic services, and many of them predate [this] government.
Tags: economy, Health, ideology, jurisdiction, privatization
Posted in Health Policy Context | No Comments »
Canadian CEO pay breaks all records, reflecting a new Gilded Age for Canada’s rich: report
Wednesday, January 17th, 2024
In 2022, the average worker in Canada got an average pay raise of $1,800, or three per cent. But, prices went up by 6.8 per cent in 2022… This report proposes that governments address the rampant income inequality between the rich and the rest of us through four taxation measures that both disincentivize extreme CEO compensation and redistribute CEOs’ extreme income to Canadians on the lower end of the income spectrum.
Tags: economy, standard of living, tax
Posted in Equality Debates | No Comments »
No end to the ER crisis without investments and addressing workers’ concerns
Wednesday, January 17th, 2024
We recently estimated that dealing with those pressures and bringing back the quality of care in our hospitals to an acceptable standard would require a $1.25 billion annual investment after offsetting costs of inflation. But so far, the Ford government is letting the hospitals deteriorate while it sits on $5.4 billion in contingency funding. If this government is serious about addressing the hospital crisis, it must commit to historic investments immediately.
Tags: budget, economy, Health, ideology, jurisdiction, standard of living
Posted in Health Delivery System | No Comments »
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