Posts Tagged ‘globalization’

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What Brian Mulroney got wrong on free trade with the U.S.

Tuesday, March 5th, 2024

Mulroney, Reagan and Thatcher sang a siren song. Get governments out of the way! Let the market rule! Economic globalization, with its program of free trade, privatization and deregulation and everyone would benefit. Corporations surely did… And Canadian CEOs did too… the richest CEOs are paid 246 times more than the average worker.

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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.”

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Financed by Canada, medical breakthrough helps Big Pharma, not global poor

Thursday, December 14th, 2023

Canadian taxpayers played a key role in funding the technology that made mRNA vaccines possible. Yet Canadian authorities took no steps to ensure that the resulting vaccines would be made accessible to people who needed them rather than simply becoming enormous profit-generators for Big Pharma… Today’s system, which prioritizes private profits and intellectual property rights, is in sharp contrast with the system in place for six decades when Canada had publicly-owned Connaught Labs.

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Canada has new requirements for international students hoping to come study.

Saturday, December 9th, 2023

… prospective international students will need to show they have access to $20,635 instead of the $10,000 requirement that has been in place for two decades, in addition to paying for travel and tuition. The amount will be adjusted annually based on a Statistics Canada benchmark for living costs… applicants who have already submitted an application for a study permit as of December 7, 2023, will be able to work off campus more than 20 hours per week until [April 30, 2024].”

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Canada poised to create public company registry to curb financial secrecy

Monday, November 20th, 2023

The new registry will require companies to publicly disclose beneficial ownership information of federally registered companies — a move experts say will help expose criminals and tax cheats who anonymously create companies or purchase property… Panama Papers dataset, revealed how Canada had emerged as a popular tax haven, touted by corporate service providers as a “reputable” destination to hide wealth.

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Why this court ruling is a human-rights victory for international students

Tuesday, June 13th, 2023

By determining that unfair treatment based on permanent residency is a form of discrimination on the basis of citizenship, the Court of Appeal established human-rights protection for international students under the Code… international students should know that they are not alone in their fight against discrimination — and that “citizenship” may not be the insurmountable job-qualification criterion it used to be.

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Heath care will only succeed through collaboration, not through competition

Wednesday, April 19th, 2023

Competition is… what happens in the most dysfunctional parts of our Canadian health systems, where value for money is most elusive and frustration is highest…  Service backlogs. Human resources shortages. Mental health impacts. The co-ordinated effort required to manage recovery will probably dwarf what we have just achieved. More competition and fragmentation is the last thing we need. Collaboration is our only hope.

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Canada is failing to meet the moment on the cost of medication

Saturday, March 11th, 2023

They have threatened repeatedly that these reforms will halt the entrance of new drugs into the Canadian market and… will hamper “the country’s ability to attract investment to our life-sciences sector.”… threats like this are only rhetoric, not reality. Britain, Sweden and France have all achieved lower drug prices while maintaining higher rates of research and development than Canada.

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Does Canada’s Sustainable Jobs Plan deliver on the promise of a just transition?

Friday, March 3rd, 2023

In 2021, the CCPA published Roadmap to a Canadian Just Transition Act, which laid out five guiding principles for an ambitious and effective just transition agenda in Canada. Those points serve as a useful benchmark for the Sustainable Jobs Plan… In the meantime, the federal government will need to focus on getting money out the door to the various training programs that it has promised to fund.

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Over 800,000 international students in Canada in 2022

Friday, February 17th, 2023

There were a total of 807,750 study permit holders in Canada in December, over 190,000 more than in 2021. The new figures surpass by some way Canada’s target of 450,000 foreign students by 2022 set out in the country’s 2014 international education strategy… Over half (411,985) of all international students in Canada held permits linked to Ontario institutions. 

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