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Where are your inflation dollars going? Inflation broken down by profit, wages and industry

Tuesday, January 24th, 2023

The data is clear—the largest driver of inflation is corporate profits… Of every dollar spent on higher prices in the last two years, 47 cents was converted into corporate profits in four industries, led by mining, oil and gas extraction, explains a new report by the Canadian Centre for Policy Alternatives (CCPA).

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Show me the money: It’s not a worker shortage, it’s a wage shortage

Monday, September 5th, 2022

One of the key worker reasons for not taking jobs is that the jobs are lousy. One of the key ways that a job is lousy is that the pay is too low. Given the disruption in work experienced earlier in the pandemic, followed by sky-high inflation, expecting 10 people to apply for a $15 an hour job isn’t realistic… Job seekers are waiting for employers to show them the money—and to offer good working conditions too.

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Budget 2022: Some progress, but no need for panic at the country club

Friday, April 8th, 2022

Today’s federal commitment to create a national dental care program will help millions of Canadians, but there’s a huge missed opportunity to move forward on pharmacare, long-term care and needed health care spending to deal with the pandemic’s impact… Many Canadians are feeling the weight of living in uncertain times. They need better income security, better access to Employment Insurance if they lose their job, more affordable housing, and the world needs a bolder climate change plan than what’s on the table.

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Budget 2021 analysis: Does it deliver?

Wednesday, April 21st, 2021

About two-thirds of the spending is short-term, related to COVID-19 and the final third carries over to the third year. The programs that extend to the long-term are child care (for which this budget is transformative), long-term care, some business supports and some environmental measures (around clean fuel and climate adaptation)… a historically large budget, but it’s within Canada’s ability to both deal with the impact of a global pandemic and to plant the seeds for a public-led recovery.

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