How Canada won its first debt war

Friday, July 24th, 2020

[Post WW2] … North American manufacturing was in its heyday, trade liberalization was boosting exports and productivity, and the baby boom fuelled consumption. Today, protectionism is on the rise, and the aging of the baby boomers poses significant long-term problems for labour productivity… Stepped-up enforcement against tax evasion, an annual wealth tax and higher corporate income tax rates are needed…

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Parents, trapped: Lack of child care could undermine economic recovery and hurt women, but the solution is expensive

Sunday, July 12th, 2020

In normal times, daycare is much like a throttle for the engine of the economy. Increase the supply of spaces, and more women are able to work. Productivity rises, household incomes grow and consumer spending ticks up.
But the coronavirus threatens to throw that dynamic into reverse. A mass exodus of women from the work force would be unprecedented in recent decades… an enormous chunk of economic activity is at risk

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Could the CERB program lead Canada toward offering a universal basic income?

Friday, April 10th, 2020

… it will be difficult for the government to phase out policy changes introduced with the CERB: a guaranteed minimum payment for all recipients, the inclusion of gig economy and other contract workers, and no regional variation in qualifying for payments… Right now, it’s clear that the millions of Canadians who have lost work are victims of circumstance and need help… [but] This is a suspension of the usual moral judgment that those not working have brought their fates on themselves… creating a political barrier to a universal basic income.

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Canada’s new electoral divide: It’s about the money

Sunday, May 8th, 2011

May. 04, 2011
With Canada still shaking off the effects of the recession, the Conservatives were clearly looking to herd economically worried voters into their column at the start of the campaign. The party was aiming not just at the haves, looking to safeguard their affluence, but at the just-hads, aching to reclaim their recently lost prosperity… the rise of the NDP, which siphoned off progressive-minded Liberals, clearly spooked a sizable number of blue Liberals, causing them to bolt to Mr. Harper in the last weekend of campaigning…

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