Archive for the ‘Economy/Employment’ Category

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How a Basic Income Plan Could Save Lives in a Pandemic

Monday, January 11th, 2021

“Basic income doesn’t require empathy so much as recognition that we’re all interdependent.” “It matters what my neighbours are doing and what they can afford to do,” said Forget. “In some ways that’s very obvious when we talk about health. But somehow we don’t think that’s the case when we talk about economics.” … “it’s inevitable that we will end in a basic income in Canada.”

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Ottawa urged to ban CEO bonuses if company received wage subsidy

Tuesday, January 5th, 2021

[The CCPA] believes that Canada should follow other developed countries like Spain and the Netherlands that explicitly prohibit bonuses and dividends if they receive wage subsidies. It also wants to exclude companies from substantially increasing executive salaries to prevent them from bypassing restrictions on bonuses… The CCPA also thinks Ottawa should introduce a top marginal tax bracket to help pay for the large deficit caused by its response to COVID-19.

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Focus on real problem with federal sick-leave benefit: not enough workers are using it

Tuesday, January 5th, 2021

In Canada, less than half of all workers have access to paid sick leave through their employers. The vast majority of them tend to be low-paid front-line workers who can’t do their jobs from home and can’t afford to miss even a single paycheque. The last thing any of us should want is for them to go to work sick, putting their coworkers and the broader community at risk.

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New Year, Same Work Anxiety.  How capitalism makes work-life ‘balance’ feel impossible

Monday, January 4th, 2021

Keeping us anxiously tethered to work ensures we’ll keep working, because, for a lot of people, is there really another option? We need a solid safety net… one that ensures that losing income or employment doesn’t have cascading effects on housing security or health security. The pandemic isn’t disappearing in 2021, and neither is the need to reconsider work policies and structures that don’t so tightly tie our time, worth and lives to our jobs. This is a problem that won’t be fixed by reminders to “make time for you.”

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The telecom giants are not adequately serving ‘all Canadians’

Sunday, January 3rd, 2021

If there is a “digital divide” (and there surely is), this has been brought about and sustained by the telecom companies themselves… The privilege that they have been accorded to date in providing these highly lucrative services must come with greater responsibility to ensure all Canadians obtain reliable and sufficient Wi-Fi access.

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Temp workers, the unsung pandemic heroes who make and deliver our goods, should not be losing sleep — or their lives — over $14 an hour

Tuesday, December 29th, 2020

To stop the spread of COVID-19 and protect worker health into a post-pandemic future, concrete actions must be taken to end the persistent exploitation of this workforce. Controlling COVID-19 and ultimately reopening the economy will depend on how well we are able to provide such workers with the same protections that we all enjoy.

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Canada must reorient its immigration system for the 21st-century economy

Saturday, December 26th, 2020

If Canadian companies and postsecondary institutions are going to get the talent required to expand the Canadian economy, the government must shift to an aggressive, co-recruitment model of top talent globally… Our immigration officials will have to be less application processors and more head-hunters for the entrepreneurs, engineers, researchers, finance professionals, marketers, salespeople and other strategic vocations required to fuel Canada’s economy and vibrant society for generations to come.

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Net-zero, Indigenous-led resource development is possible

Tuesday, December 22nd, 2020

… 70 First Nations from across six provinces and territories collectively… signed an agreement that will advance an Indigenous-led, net-zero carbon-emissions policy framework, including nature-based solutions for carbon capture… our partnership highlights three important Canadian trends… investors are putting real dollars into energy projects that will charge the low-carbon economy of the future… Indigenous nations are increasingly involved in these major energy projects as partners and owners… [and] it demonstrates a new kind of collaboration that First Nations are pursuing with each other

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CRA names companies that received federal emergency wage subsidy

Tuesday, December 22nd, 2020

… more than 368,000 businesses, non-profits and charities in Canada have received the Canada Emergency Wage Subsidy (CEWS)… A recent review of CEWS disclosures by the Financial Post found that at least 68 publicly traded Canadian companies continued to pay out shareholder dividends while receiving the wage subsidy. The review found those companies got at least $1-billion in CEWS and paid out more than $5-billion in dividends.

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Ottawa has its hands all over the economy — and that’s just fine with business leaders

Tuesday, December 22nd, 2020

“The concept is to bring a strong portfolio of public investments and private investment in a kind of renewed partnership between government, Canadian companies and pension funds and financial institutions in Canada to fully position our leadership in the world, (in areas) where we think Canada as a middle-sized country could make a difference”… they should have a strategy that pushes companies to be more competitive in the areas we are already good at.

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