Archive for the ‘Debates’ Category
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$90,000 income means you’re upper middle class—regardless of where you live
… an income of $90,000 per year would put you at the 90th percentile of the Canadian income distribution — that is to say, 90 per cent of tax filers had incomes below $90,000… there are many things to consider in debates about socio-economic status. But for the upper middle class, it still all comes down to income.
Tags: economy, ideology, standard of living
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With proposed Liberal reforms impacting less than 10% of small businesses, this tax revolt will fail
The Liberals are intent on changing the rules that allow small-business owners to defer taxation by using private corporations to make passive investments… as will become clear when the government releases its refined proposal later this fall, very few individuals in these categories will be affected.
Tags: economy, featured, ideology, tax
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Good jobs improve health and profits
Bill 148 plans to increase the minimum wage to $15/hour and guarantees 10 personal emergency leave days a year (of which two are paid) for all Ontario workers, among other measures. These are exactly the types of policies we need to start seeing more of, and it is wonderful to see businesses also advocating for a healthy workforce and a healthier Ontario.
Tags: economy, Health, ideology, participation, pensions, standard of living
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Ontario to sell cannabis at government-run stores, online
Despite calls from many premiers for more guidance on the file, the federal government has committed to legalizing the recreational use of the drug by July 1. But, to date, Ottawa has indicated that it will leave the contentious issues of regulating the wholesale distribution and retailing of cannabis up to the provinces and territories.
Tags: crime prevention, economy, featured, ideology, pharmaceutical, tax
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Why you should care that our civil-justice system is broken
… in order for our economy to function properly, people need to believe that contractual, property and other legal rights mean something. But they can only mean something if they are enforceable… From a purely economic, risk-management perspective, a civil claim worth less than $75,000 (and that figure is probably low)… is rarely worth fighting to a final determination. In most cases, the potential recovery is simply not large enough to justify the risk.
Tags: crime prevention, economy, ideology, rights
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Is a 21st-century model of labour relations emerging in Canada?
… Canadian workers confront a daunting array of challenges and pressures: the need to keep up with technological change, which threatens jobs in a number of sectors; the fragmenting of the traditional employment relationship; powerful demographic changes that will mean little or no work-force growth; an aging population that is increasingly dependent on social programs; and the prospect of having to work much longer in life… So what is a 21st-century option that may help employers, employees and governments adapt to the many changes identified above?
Tags: economy, featured, globalization, ideology, jurisdiction, rights, standard of living
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Ontario corporations can afford to pay decent wages
Less than 25 per cent of Ontario workers paid less than $15/hour are employed by small businesses…. major employers… [have] all enjoyed rising profits and they’ve paid their CEOs ever larger multimillion-dollar annual compensation packets. Their owners have accumulated billions in wealth in part because of the low wages they pay many of their employees. They can afford to pay their workers a decent wage.
Tags: economy, globalization, ideology, standard of living
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Annual anti-tax report is still bogus after all these years
By delinking taxes from the services they buy, the Fraser Institute has long fed into a false narrative that for decades was in the ascendancy: that any tax is a bad tax and any cut a free good. In recent years, however, that view has begun to fall out of favour, and not just on the left… The IMF, the OECD, and other past champions of austerity have all made the case that the costs of tax cuts often outweigh their benefits…
Tags: economy, featured, ideology, standard of living, tax
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The problem with productivity
Productivity and competitiveness matter. They are important economic indicators and key to the success of private sector business. But they make up only a portion of who we are as citizens. And focusing the budget discussion narrowly on productivity reduces Canadians to our economic “value” as workers. The committee’s framework has failed to account for personal fulfillment, community well-being and ecological integrity.
Tags: budget, economy, featured, ideology, participation, standard of living
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Canada wants ‘progressive’ trade deal with U.S., Mexico, Freeland says
Canada seeks to make the updated deal more “progressive” through five key provisions including: stronger labour safeguards; strengthening environmental provisions to protect the right to address climate change; adding a new chapter on gender rights; adding an Indigenous chapter; and reforming the investor-state dispute settlement process to protect governments’ right to regulate “in the public interest.”
Tags: economy, globalization, ideology, jurisdiction, participation
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