Archive for the ‘Debates’ Category

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Where are your inflation dollars going? Inflation broken down by profit, wages and industry

Tuesday, January 24th, 2023

The data is clear—the largest driver of inflation is corporate profits… Of every dollar spent on higher prices in the last two years, 47 cents was converted into corporate profits in four industries, led by mining, oil and gas extraction, explains a new report by the Canadian Centre for Policy Alternatives (CCPA).

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Why don’t we zone for rental apartments?

Sunday, January 8th, 2023

The speculation-driven condo business model encourages high prices for land, a dynamic that favours firms that want to get in and out quickly instead of operating a rental building for decades… a dynamic encouraged by the strange fact that apartment buildings are taxed higher than condos. Today, we build almost nothing but condos.

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How workers are being sacrificed to a doctrine that intentionally keeps unemployment high

Saturday, December 24th, 2022

The economy risks serious recession from an interest shock that was neither necessary, nor effective in reducing inflation… Hundreds of thousands of Canadians could lose their jobs, and many their homes. Why? They’re being sacrificed to visibly reassert a doctrine that keeps unemployment deliberately high – not just to control inflation, but more importantly to control workers.

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Four ways the fall economic statement could help prepare all of us for the coming recession

Thursday, November 3rd, 2022

People are anxious. The world is talking about recession… What can the government do about any of it? Help those struggling to choose between heating or eating, or even between food or shelter, by asking a bit more from those who saw a windfall in corporate profits and shareholder dividends.  Here are four ways to do just that…

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EI Needs A Redesign To Be Recession-Ready

Thursday, October 6th, 2022

… Gray and Busby… propose implementing uniform or more universal entrance requirements across Canada… variations in the length of benefit entitlement periods would be driven by changes in unemployment rates instead of levels in given regions… [and that] the number of regions be sharply reduced… these changes may require a small increase to EI premiums.

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The new villain? Workers fighting for better wages. Don’t fall for it

Wednesday, October 5th, 2022

This is an important chapter in the history of workers’ struggles for decent work, a moment of fighting not only inflation but long-standing systemic inequalities.  It has the potential to pit unionized worker against non-unionized worker, and private sector worker against public sector worker. Or it has the potential to pave the path toward decent work, through fairness and equity

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One in six households in Ontario is now struggling with food insecurity. Here’s why it’s going to get worse

Wednesday, September 21st, 2022

The chattering classes have embraced a new economic theme: government efforts to fight inflation will trigger more inflation. They’re wrong…  Ontario was the only province where more people were food insecure in 2021 than in 2020… Last week the Trudeau government introduced $4.6 billion in federal aid to be spent on inflation relief until the end of 2023, almost every penny for those with low incomes.

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Show me the money: It’s not a worker shortage, it’s a wage shortage

Monday, September 5th, 2022

One of the key worker reasons for not taking jobs is that the jobs are lousy. One of the key ways that a job is lousy is that the pay is too low. Given the disruption in work experienced earlier in the pandemic, followed by sky-high inflation, expecting 10 people to apply for a $15 an hour job isn’t realistic… Job seekers are waiting for employers to show them the money—and to offer good working conditions too.

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Why a universal job guarantee beats the basic income pipe dream

Monday, August 1st, 2022

Job guarantee programs are crucial for a number of reasons. They keep people in the labour force, alleviate poverty, improve health and well-being, add meaning to people’s lives and help the most vulnerable… Like the Canada Emergency Response Benefit, universal basic income might take away the incentive to work for some, resulting in a labour market bereft of workers… a universal job guarantee would be more appealing to voters because it addresses labour shortages while guaranteeing minimum wage.

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The Rogers outage, and other scenes from the death of neo-liberalism

Friday, July 15th, 2022

The premiers met in B.C. this week and wailed hysterically about needing more money to fix health care. I wouldn’t give them another cent till they pass a written test on what went wrong. They adopted the just-in-time principle from manufacturing (which led to bottlenecks and inflation now rampant) for health. They cut staff to a minimum. Why? Because it fit with the neo-liberal agenda to slash taxes and pay for it with decreased spending on public programs… Then when COVID hit, the system began to crumble.

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