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Business tax cuts don’t spur more capital spending, study shows
Wednesday, April 13th, 2011
Apr 13 2011
Historical economic data from Statistics Canada reveals business fixed capital spending has dropped slightly as a percentage of GDP and as a share of corporate cash flow for almost three decades, according to the study by the Canadian Centre for Policy Alternatives, an Ottawa-based non-partisan, non-profit research agency. The decline came despite continuing business tax cuts that have slashed the combined corporate federal-provincial corporate rate from 50 per cent in the 1980s to 29.5 per cent in 2010
Tags: economy, globalization, ideology, standard of living, tax
Posted in Policy Context | No Comments »
Clash of cultures blamed in Vale Inco strike
Monday, March 29th, 2010
Mar 27 2010
The United Steelworkers union says a clash of cultures is at the root of the dispute. It argues that Inco’s Brazilian owners want to instill a foreign brand of subservient labour relations here; run roughshod over existing workers’ rights and cut bonus pay at a time when the company is profitable…. The company claims the union is misleading its members badly. It says the union steadfastly refuses to accept that the Sudbury operations need significant restructuring to make them profitable and internationally competitive over the long term…
Tags: globalization
Posted in Debates | 1 Comment »
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