Archive for the ‘Economy/Employment’ Category
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Basic income hailed as way to give people chance to chase their dreams
“What if the people who were most at risk — people from low-income and marginalized communities who are living day to day with real challenges — were able to become social entrepreneurs?” … As Ontario embarks on a basic income pilot project that would pay low-income individuals up to $16,989 annually with no strings attached, there is a chance to broaden the social innovation playing field…
Tags: economy, ideology, participation, poverty
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Wait. What if we’re not actually worse off than our parents?
Using a database of revenue statistics from 1978-2014 that links the income of Canadians to that of their children, the agency concluded that absolute income mobility has remained fairly stable in the past four decades… people who were born between 1970 and 1984 – Generation X and the first tranche of millennials – exceed their parents’ adjusted family income through their mid-career years in roughly the same proportions as the boomers did.
Tags: economy, featured, participation, standard of living
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If freer trade kills off these Canadian businesses, it would be better for everyone
Let markets figure out what works and what doesn’t… one of the best things about trade, though no politician can say so, is that strong competition from foreigners kills a country’s weak firms… Let’s make trade as free as we can — which means much freer than it is — and by all means let’s help losers adjust. But we really do need them to lose.
Tags: economy, featured, globalization, ideology, standard of living
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WSIB cutting costs at expense of workers’ health, report says
Ontario’s worker compensation board is saving money by reducing spending on drug benefits for workplace accident victims and by providing financial incentives to their health-care providers to limit treatment time, a new report compiled by a Toronto-based legal clinic says… Since 2010, the WSIB has sought to reduce its $14 billion unfunded liability, but maintains that health outcomes are improving amongst injured workers.
Tags: disabilities, economy, Health, ideology, standard of living
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Electricity policy: What went wrong in Ontario
There is no way of de-risking long-term projects. Political acceptability – mutable as it may be – is an essential planning requirement… Do lead the narrative on needs, alternatives, outcome. Do allow time for people to come to the right conclusion. Do offer choices. Do model solutions. Do make the right choice easy, safe and cheap as possible.
Tags: economy, ideology, jurisdiction, privatization, standard of living
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Innovations in Healthcare Should Focus More on Cost-Effectiveness
Provincial governments, with support from Ottawa, should experiment with new models of provider payment that strengthen their incentive to adopt cost-effective drugs, treatment methods, and diagnostic tests… Patients should be empowered with information… Governments should also work on creating a system of Health Technology Assessment…
Tags: budget, economy, Health, ideology, mental Health, standard of living
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Impacts of income volatility should be wake up call for policy-makers
The median household that suffered a loss saw its income decrease by 49 per cent year over year. That’s almost beyond comprehension… The main causes of income fluctuation… include ebbing and flowing work hours, self-employment and multiple sources of income. In other words, the new world of work. The main effects are obvious: financial stress, the inability to plan and save for emergencies let alone retirement, the relentless reality of falling further and further behind.
Tags: economy, featured, ideology, participation, pensions, poverty, standard of living
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Bad policy has played a role in Canada’s housing crisis
We ought to remove existing distortions such as favourable treatment of capital gains on real estate, provincial ownership subsidies, taxpayer-guaranteed mortgages, low residential property taxes and restrictive zoning. These policies encourage businesses and individuals to focus on real estate instead of other economic activity, exacerbate price volatility and fail to improve affordability. What better time to cut back these subsidies than when the market is soaring of its own accord and does not need artificial support?
Tags: economy, featured, housing, ideology, jurisdiction, participation, tax
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Ontario’s new workplace laws will be ‘profoundly negative’ for an economy already lacking competitiveness Republish Reprint Special to Financial Post
NationalPost.com – FP Comment May 18, 2017. Karl Baldauf Government cannot legislate prosperity. As we look internationally, it’s clear that jurisdictions that seek to grow their economy through increased regulation are left with lower labour market participation and higher unemployment, especially among young people. The task of creating a more dynamic workforce, where employees are […]
Tags: featured, ideology, participation, rights, standard of living
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Ontario should seize chance to lead on labour reform
Critics have been even more vocal in insisting that increasing the minimum wage will kill too many jobs. But while some studies have shown these hikes can have an impact on employment, the effect is marginal. And while some of the costs to business are no doubt passed on to consumers, the overwhelming balance of evidence indicates the benefits far outweigh the costs.
Tags: economy, featured, ideology, jurisdiction, rights, standard of living
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