Archive for the ‘Economy/Employment’ Category
‘Victory bonds’ were vital to funding the First and Second World wars. Let’s not wait for the storm to hit before bringing them back
Tuesday, March 25th, 2025
Today, faced with an unprovoked economic attack, we must call on another of our strengths: being among the world’s fiercest savers… We’re saving at rates not seen since 1996… A can-do spirit has been reawakened in this country, along with a taste to go beyond a “Buy Canada” consumer response. Let’s save Canada like we did once, twice before; and finance the fight of our lives, together.
Tags: economy, participation
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This is war. Time for a wartime funding mechanism: Victory bonds
Saturday, March 15th, 2025
… tax cuts and spending cuts [are not] what the nation needs most now, and neither will build the economic strength needed to defend our interests and sovereignty… Raise the floor, raise the ceiling and make EI last longer so it can do the job it was designed to do, acting as an automatic economic stabilizer to sustain purchasing power… prohibit the purchase of [businesses, resources and vital services] by non-Canadians… [and] create a “wartime” funding mechanism: victory bonds… an infusion of cash could fund desperately needed spending in the public interest.
Tags: economy, featured, ideology, participation
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What would it take to end chronic homelessness? Now we know
Friday, January 31st, 2025
Addressing chronic homelessness begins with offering stable, deeply affordable housing… a costed ten-year plan to end chronic homelessness in Ontario… [would call for] a new cumulative investment of $11 billion over the next decade… The Ontario government is currently spending a little over half of what is needed… It’s time the government stepped up with a real strategy, real targets, and real accountability for ending chronic homelessness
Tags: budget, economy, homelessness, housing
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Canada, the 51st state? Eliminating interprovincial trade barriers could ward off Donald Trump
Thursday, January 9th, 2025
… if interprovincial trade barriers were removed, there would be an improvement in Canadian productivity of between three and seven per cent. In dollar terms, that would add $50-$130 billion dollars to Canada’s economy. The CFIB findings put the figure at $200 billion, or $5,100 per person… Bringing down barriers to trade across Canadian provinces would create conditions that could enable Canadian companies to be more competitive internationally, and beyond the U.S. market in particular.
Tags: economy, globalization, jurisdiction, standard of living
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Say what you want about Justin Trudeau — there’s still no arguing Canadians became wealthier while he was in power
Tuesday, January 7th, 2025
…the poverty rate… now nine per cent, [is] down from 14.5 per cent when he first took office… achieved in large part by Trudeau’s Canada Child Benefit, which has lifted as many as half a million children from poverty. Trudeau’s national daycare program has also helped, reducing monthly daycare expenses to $400 from about $2,000, dropping further to about $200 in the next two years… [and] introduction of limited denticare and pharmacare, a foundation for future governments to build on.
Tags: budget, economy, featured, ideology, poverty, standard of living
Posted in History | 1 Comment »
As environment minister, I believed the oil sands sector would help us save the planet. I was wrong.
Saturday, December 7th, 2024
The oil sands sector has been lying to us for years. They are not getting cleaner. They are not part of the solution… Canada can choose to be on the right side of history. We can act with the urgency the climate crisis requires and the economic case makes clear. Or, we can double down on the oil sands, abandon the Paris Agreement, ignore the economic opportunities of clean energy, and leave our children a deadly and unsustainable future.
Tags: economy, globalization, Health, ideology, standard of living
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Taxing Excess Profits In Canada: An Urgent Proposal For ActionTaxing excess profits in Canada: An urgent proposal for action
Wednesday, November 27th, 2024
To raise funds urgently needed to address the climate and affordability crises and curb growing monopoly power, we recommend the implementation of an economy-wide windfall profits tax that could raise over $50 billion from publicly traded companies and a monopoly profits tax that could raise $8 billion annually.
Tags: economy, standard of living, tax
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What’s behind Canada’s housing crisis?
Wednesday, November 6th, 2024
Canada had a strong housing welfare system in the 1960s and 1970s, but this changed in 1993 when the federal government stopped funding social housing programs. It shifted toward a commodified system that emphasized individual responsibility… This shift was driven by two neoliberal beliefs. The first is that the private market is the most efficient way to provide housing… The second belief is that homeownership promotes autonomy and reduces reliance on governments by building property assets, although the reality defies this belief.
Tags: economy, housing, ideology, jurisdiction, participation, rights
Posted in Debates | 5 Comments »
CMA calls for elimination of sick note requirements by employers
Monday, October 28th, 2024
The association says sick notes burden physicians with unnecessary administrative tasks and detract from patient care. In a new position paper, the CMA calls for legislative changes to restrict the requirement for sick notes and promote alternatives such as self-certification and flexible leave policies… the move aims to ease the administrative burden on health care providers and improve patients’ access to care and the overall efficiency of the health care system.
Tags: economy, Health
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Corporate profits continue to rise as corporate taxes fall
Monday, October 21st, 2024
Rising corporate profits and falling corporate tax rates are related. Corporate tax cuts encourage higher profits by increasing the share of profits that shareholders get to keep. Proponents of cutting corporate taxes typically argue that it will promote investment and eventually lead to higher productivity. But, over the past 30 years, the opposite has happened. In the late 1990s, annual labour productivity growth was over 2%. Now, it is less than 1%.
Tags: economy, jurisdiction, tax
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