Archive for the ‘Economy/Employment’ Category

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Ontario plans to require salary ranges be included in job postings

Tuesday, November 7th, 2023

“Including salary ranges with job postings can help close the gender pay gap, while allowing companies to find qualified candidates faster and improve retention, helping tackle the labour shortage.” … new legislation… also proposes to require employers to inform job seekers when they are using AI to inform hiring decisions… the province is considering banning the use of non-disclosure agreements in cases of workplace sexual harassment, misconduct or violence.

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Ontario launching infrastructure bank with $3B in public funding

Friday, November 3rd, 2023

Ontario is proposing to launch its own infrastructure bank – with an initial $3 billion in public funding – in order to help foot the bill for long-term care homes and transportation projects, as slowing economic growth has the province sinking deeper into the red… the bank will attract trusted institutional investors to help finance essential infrastructure that would not otherwise get built,”…

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Did the Bank of Canada just push Canada over the tipping point?

Wednesday, July 19th, 2023

Profits as a share of GDP have averaged 21 per cent since the start of the pandemic and profit margins are higher too… We need policymakers at every level to address the real causes of excess/persistent inflation — profiteering, financialization, undersupply and supply chain bottlenecks. Without that we’re all left worse off regardless of the level of inflation. 

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While Ford pampers spa users, our school kids fend for themselves

Thursday, July 13th, 2023

The government’s miserly approach to funding our children’s education seems curious in such a rich province… The government is actually swimming in money — even as it hollows out key public programs, underfunding schools, shutting down hospital emergency wards and doing nothing for the homeless beyond allowing developers to build ever more condos that are quickly sold to high-income buyers… The notion that we can’t afford a strong public sector has always been a scam.

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What you need to know about Canada’s new first home savings account

Saturday, July 8th, 2023

… many first-time buyers start by buying more modest properties initially, and the FHSA could help them get into the housing market earlier. Of course, this will still take time given the $8,000 per year contribution limit.  While the impact of the FHSA won’t be instant, and while it’s not a complete solution, it’s a step in the right direction. For many Canadians, owning a home provides security and a sense of belonging.

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Why we need to rewrite the script on corporate taxes

Wednesday, June 7th, 2023

Canada’s tax-and-transfer system, which relies on taxing income and providing Employment Insurance and other benefits, isn’t reducing inequality as much as it did before the mid-‘90s. Specifically, despite increases in worker productivity, average real wages have stagnated while corporate profits have skyrocketed. This inequality manifests through middle-class household debt and significant personal savings of CEOs.

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Doug Ford’s government raising minimum wage to $16.55 in October

Friday, March 31st, 2023

The $1.05 hourly hike means someone earning minimum wage and working full-time would see an annual raise of about $2,200. It also vaults Ontario to the highest minimum wage in Canada… the change should help about 942,400 workers in Ontario — most of whom are women. The 6.8 per cent rise is because minimum wage increases are now tied to the rate of inflation and must be disclosed by the end of the fiscal year.

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… Canada’s 2023 federal budget moves on climate and dental – but avoids almost everything else

Wednesday, March 29th, 2023

… the budget drops the ball on support for underfunded public transit systems, affordable housing, pharmacare and high inflation. [but] “When it comes to health care, the piece of this budget with the most teeth is dental care… It seems like the federal government decided that it had to choose between dental care or pharmacare, but not both—and dental care came out the winner. 

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Better for Workers, Better for All? Assessing a Portable Health Benefits Plan in Ontario

Friday, March 3rd, 2023

Millions of workers in Ontario have no access to supplemental health and dental benefits that reimburse most costs for prescription drugs, dental, vision and mental health services… One solution is a portable health benefits (PHB) plan that allows a worker to maintain coverage while moving from job to job… This commentary explores the purpose, structure and feasibility of a portable health and dental benefits plan in Ontario.

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Does Canada’s Sustainable Jobs Plan deliver on the promise of a just transition?

Friday, March 3rd, 2023

In 2021, the CCPA published Roadmap to a Canadian Just Transition Act, which laid out five guiding principles for an ambitious and effective just transition agenda in Canada. Those points serve as a useful benchmark for the Sustainable Jobs Plan… In the meantime, the federal government will need to focus on getting money out the door to the various training programs that it has promised to fund.

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