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New alternative budget would raise taxes on firms, rich
Tuesday, March 15th, 2011
Mar. 15, 2011
The think-tank would roll back corporate tax cuts, create two new tax brackets for high-income Canadians, and cancel the F-35 fighter jet program. It would also establish a national carbon tax and a 28-per cent tax rate for the oil patch. The money saved and generated could go into programs that would create new jobs, reduce income disparity, rebuild infrastructure, improve pension benefits and help the environment
Tags: featured, ideology, standard of living, tax
Posted in Governance Debates | No Comments »
Strong loonie shifting Canadian production offshore: EDC
Monday, February 14th, 2011
Feb. 10, 2011
Canadian firms are increasingly shifting their production offshore in response to the pressures of globalization and the strong loonie, Export Development Canada says. A new study from the Crown corporation shows sales from foreign affiliates of Canadian firms grew by more than twice the rate of exports from firms inside Canada between the years 2000 and 2008… As well, overseas investment assets by Canadian firms nearly doubled from $356-billion to nearly $650-billion during the period… “Ultimately what it does is create jobs that are higher up the value chain in Canada”…
Tags: economy, globalization, standard of living
Posted in Debates | No Comments »
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