Archive for the ‘Economy/Employment’ Category

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Annual anti-tax report is still bogus after all these years

Monday, August 28th, 2017

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…

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Canada should not be satisfied with just tweaking NAFTA

Friday, August 25th, 2017

Chapter 11… allows foreign investors to challenge before nonjudicial trade panels, any laws and regulations — including environmental rules — that interfere with their corporate profitability… Chapter 19… allows NAFTA governments to challenge one another’s trade penalties before an independent panel… When the Americans have been ruled against in such cases they have sometimes acquiesced. But at other times, they have simply ignored the ruling.

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The problem with productivity

Tuesday, August 22nd, 2017

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.

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Canada wants ‘progressive’ trade deal with U.S., Mexico, Freeland says

Tuesday, August 15th, 2017

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.”

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School fundraising report says amounts raised far outpace government grants for needy areas

Tuesday, August 15th, 2017

Ontario now ranks fifth in Canada in per-student spending… much of the additional money has been spent on class size reductions, and full-day kindergarten. Both of those initiatives have benefitted elementary teachers and created thousands of jobs. Overall, the report says whether special education, English-as-a-Second-Language students or school maintenance, these areas “have all been underfunded for two decades.”

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NAFTA talks may threaten Canada’s steps toward universal pharmacare

Monday, August 7th, 2017

If Canada is to have universal pharmacare anytime in its future, NAFTA renegotiations must prioritize the protection of evidence-based coverage decision-making and price negotiations that will be essential to create a system that functions effectively and sustainably. Canadian negotiators must be ready to deflect the tired rhetoric of U.S. trade negotiators and the pharmaceutical industry lobby, who will likely claim that eliminating value assessments and price negotiations… will somehow magically “improve access.”

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NAFTA needs an overhaul to improve workers’ rights

Monday, August 7th, 2017

In reality, NAFTA has been key to the transformation of Canada over the last two decades, enabling corporations to become ever more dominant economically and politically, while rendering our labour force increasingly vulnerable and insecure… NAFTA’s Investor-State-Dispute-Settlement (ISDS) mechanism… amazingly, allows foreign corporations to sue governments over laws that interfere with corporate profitability — even if those laws are aimed at protecting the public from, say, environmental or health risks.

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‘Canadians are concerned’: Private data on the table in NAFTA negotiations

Monday, August 7th, 2017

The personal information of Canadians will be on the negotiating table when North American free trade talks begin this month. The United States has served notice it wants an end to measures that restrict cross-border data flows, or require the use or installation of local computing facilities… Privacy advocates say that means trouble for Canada’s ability to shield sensitive information such as health or financial data from the prying eyes of foreign agencies by storing it in computer servers on Canadian soil.

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Mines can create Indigenous middle class in Ring of Fire

Tuesday, August 1st, 2017

Finalizing a road into the Ring of Fire with community spurs will ignite the economic development and jobs that the impoverished Indigenous communities in the Ring of Fire desperately need… 150 years of government support has done little to create economic prosperity in their impoverished communities… sustainable mineral development of their resources can be the foundation of an Indigenous middle-class that they so rightly deserve.

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Minimum wages: The small-town view

Tuesday, August 1st, 2017

A lot of well-meaning people argue that businesses that can’t afford to pay a decent living wage shouldn’t be in business at all… But then I look around my small town, where so many local business owners – including the organic farms that sell us such tasty, wholesome, righteous food – are barely scraping by. They all want to reduce poverty and inequality. But raising the minimum wage won’t do that. It will only make their lives that much more precarious.

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