Archive for the ‘Debates’ Category
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It’s getting harder for Harper to brag about his record on jobs
Compared to a year ago, Canada’s economy added just 72,000 net new jobs… The average level of job creation for any 12 month period going back to 1977 is 214,000. Canada is creating jobs at just one-third the average rate of the last four decades… over the past two year’s the quality of new jobs has deteriorated with each passing year, to the point that since last June, roughly half of all new jobs were part-time… most of the new jobs have been in positions that pay on the mid to lower end of the scale.
Tags: economy, globalization, ideology
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The shocking truth about B.C.’s carbon tax: It works
Far from a being a “job killer,” it is a world-leading example of how to tackle one of the greatest global challenges of our time: building an economy that will prosper in a carbon-constrained world. B.C.’s tax, implemented in 2008, covers most types of fuel use and carbon emissions… “Revenue-neutral” by law, the policy requires equivalent cuts to other taxes… B.C. now has the lowest personal income tax rate in Canada… and one of the lowest corporate rates in North America.
Tags: budget, economy, featured, globalization, ideology, standard of living
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Canada needs an action plan to fight long-term youth unemployment
… the Broadbent Institute challenged large employers to contribute $670-million a year, matched by the federal government, to create an additional 186,000 paid-work or co-op positions lasting for three months. These would be targeted to long-term unemployed youth and postsecondary graduates unable to find work… Large corporations could create these positions by drawing on a tiny fraction (about 0.1 per cent) of surplus cash now sitting on their balance sheets. The federal government contribution would be used to help meet hiring costs for small business and not-for-profit employers.
Tags: budget, economy, featured, globalization, ideology, participation, standard of living, youth
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Harper’s got it all wrong on the ‘job-killing carbon tax’
… a combination of policy reforms – with lower taxes on “good” things (income) and higher taxes on “bad” things (pollution) – would lead over time to an economy that is more innovative and productive, more protective of our environment, and fairer to our children and grandchildren… our current and future prosperity are based on both a strong economy and a healthy environment… both can be enhanced through a fundamental redesign of our tax system.
Tags: economy, globalization, ideology, standard of living, tax
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Tim Hudak’s Million Jobs Plan is easy to achieve
Lost in the controversy surrounding the accounting details of the Ontario Conservatives’ Million Jobs Plan is the banality of its forecast, if not its ambitions. Adding a million jobs over eight years represents a total gain of 14.5% from the current employment level of 6.9 million. This translates into annual average growth of 1.8% a year… So the Million Jobs Plan takes a half million jobs as its baseline growth of jobs Ontario will add no matter who is in power over the next eight years.
Tags: budget, economy, ideology, privatization, standard of living, tax
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For Canada, a strong economy and healthy environment can co-exist
… the next big challenge, and one that needs to be confronted soon, is coming to grips with the close relationship between a strong economy and a healthy environment… investment and R&D get done because firms take a longer-run view; their costly investment today is sensible because it permits them to make greater profits in the future… Accepting that a strong economy and a healthy environment ultimately go hand in hand is the first step in what could be Canada’s next major economic project.
Tags: economy, globalization, Health, ideology, standard of living
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Ontario needs its own immigration program
… within two years of an Ontario Investor Immigrant Program being implemented, fellow immigration lawyers and financial intermediaries can easily bring Ontario at least 1,000 investor immigrants who would invest $1 million each for the privilege of migrating to Ontario. Investment in capital-intensive infrastructure and transit projects, as well as “Green Bonds,” could be designated as qualifying investments.
Tags: economy, globalization, ideology, jurisdiction, standard of living
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Stephen Harper’s ‘Strategic’ Path to Ruin
“Canada provides more subsidies to petroleum as a proportion of government revenue than any developed nation on Earth besides the United States and Luxembourg.” It is not only individual citizens who pay those subsidies, it is all the other business sectors in the country — the ones who depend on a viable infrastructure, high educational standards and healthy workers… the latest Statistics Canada jobs report for April showed a net loss of 29,000 jobs… All of the job losses were concentrated in full-time employment.
Tags: budget, economy, globalization, ideology, rights, standard of living, tax
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Tim Hudak’s public sector cuts more extreme than Harris years
Ontario’s already giving up a cumulative of $19 billion in foregone revenue due to a political tax cut agenda that started in the 1990s. Additional tax cuts on Hudak’s agenda would further erode Ontario’s fiscal coffers and the quality of public services… cutting 100,000 good jobs out of Ontario’s economy would result in the loss of an additional 50,000 private sector jobs… Put simply, firing 100,000 public servants would likely jolt Ontario’s economy into a period of decline… And it certainly isn’t how to slay a deficit.
Tags: budget, economy, featured, ideology, standard of living, tax
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Canadians pay hefty $684B bill in business subsidies over 20 years, study shows
Over a period of nearly 20-years, federal, provincial and local authorities together spent almost $684-billion on subsidies, mainly to private corporations… the impact was marginal at best… The solution to such economic and political challenges? End all business assistance programs within government departments and Crown corporations, the Fraser Institute argues. There should also be greater transparency for current subsidies, along with an international push to end these program altogether
Tags: budget, economy, featured, globalization, ideology, tax
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