Archive for the ‘Economy/Employment’ Category

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Should We Soak the Rich? You Bet!

Sunday, October 20th, 2019

As a society, instead of playing Robin Hood to smooth out the inequities, we’ve played the Sheriff of Nottingham. Lawrence Summers, the economist and former Treasury secretary, has calculated that if we had the same income distribution today as we had in 1979, the bottom 80 percent would have about an extra $1 trillion each year and the top 1 percent would have about $1 trillion less.

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Want a competitive capitalist economy? Choose big government

Friday, October 18th, 2019

North Americans decided to make a choice between big corporations or big government, and favoured the former; Europeans realized that big government was the pathway to keeping corporations competitive and was good for consumers and society. We should not be looking at life as a choice between big, activist government or a successful market economy. To achieve the second, we need more of the first.

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What we can actually do about climate change

Friday, October 18th, 2019

Using existing technologies, all new vehicles added to taxi (traditional or app dispatched), post office, courier and utility fleets could be mandated to be electric. And there are thousands of General Motors workers in Oshawa, Ont., who would love the chance to build those vehicles… The industry was clear it could succeed economically while meeting simple and enforceable targets… government must lead the creation of new work in those communities.

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It’s a No-Brainer — Tax the Billionaires!

Monday, October 14th, 2019

TheTyee.ca – Opinion 9 Oct 2019.   Michal Rozworski , TheTyee.ca Michal Rozworski is an economist, writer and author (with Leigh Phillips) of The People’s Republic of Walmart. He is a research associate with the Canadian Centre for Policy Alternatives. A wealth tax wouldn’t just bring in revenue. It would curb the out-of-control political power of the […]

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To close the wage gap, focus on child care

Saturday, October 12th, 2019

Canada could add $150 billion to its economy over the next eight years if more women entered and advanced in the workplace. That’s exactly what research shows universal, affordable child care helps women do. Child care is the most effective way to close the wage gap, but it’s about more than that. It’s also about reducing poverty, increasing employment, helping families and growing the economy.

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Why is there no coherent energy plan being pitched in the election?

Thursday, October 10th, 2019

The country’s leaders should be developing a plan, in concert with their climate strategies, to address the sector’s challenges, while creating conditions for the industry to face the future from a position of strength. “Give them their pipeline and hope they’ll go away” doesn’t cut it. “Refuse them their pipeline and wait for them to die” is just irresponsible. You don’t let nearly one-tenth of your economy die of neglect.

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Should the federal deficit be more of a concern?

Wednesday, October 9th, 2019

Canada’s deficit-fuelled spending binge has helped to temporarily paper over the consequences of a further slowing of income growth, a chronic problem since the global financial crisis erupted in 2008. – vs – When businesses are hoarding cash instead of investing, there is a need for government financed investments funded from new borrowing.

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The Ford government needs to protect temporary workers

Wednesday, October 9th, 2019

… it reversed… equal pay provisions, along with getting rid of two paid sick days for all workers and a minimum-wage increase to $15 an hour… The Ford government should bring back the Liberal labour law updates it so thoughtlessly repealed and pass the necessary regulations to ensure companies who hire temp workers have an incentive to keep them safe… before tragedy strikes again.

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Internal trade barriers make Canada less attractive for foreign investment

Thursday, October 3rd, 2019

Internal trade barriers cost the Canadian economy between $50-billion and $130-billion… They prevent Canadian businesses from gaining economies of scale through access to a whole-of-Canada market, which are critical to developing global competitiveness. This, in turn, means fewer international export opportunities… These trade barriers between provinces and regions also impede greater pan-Canadian social and political cohesion.

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Should there be a wealth tax on the very rich?

Wednesday, September 25th, 2019

One per cent of net worth is a very modest level of taxation. With a wealth tax at that level, the fewer than 10,000 Canadian families who would pay it wouldn’t be forced to change their lifestyles in any way. But Canada wide, the money raised could do a lot of good… [but] Wealth taxes… can trigger problematic responses… are an administrative nightmare. And they just plain don’t bring in as much revenue as their proponents hope.

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