Archive for the ‘Economy/Employment’ Category
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Why are companies competing with EI for workers?
Temporary foreign workers are attractive to an employer because the worker has virtually no rights. Once they come to Canada to work, a TFW can’t leave one company for a better job elsewhere and they can’t quit or they’ll be sent home… What [Employers] want is to be able to bring in workers year round to avoid Canadian workers all together. This policy would drive down wages and cause more people looking for a decent paycheque to move…
Tags: economy, featured, ideology, immigration, participation, standard of living
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Deficit budget sets new tone for Canada
For more than 20 years, federal budgets have worked to shrink the public’s expectations of the role of federal government in our lives, suggesting that the best government could do was offer a buffet of tax cuts at budget time… a false narrative… that government deficits should be avoided… locked governments into prolonged inaction as roads, bridges, sewer and water systems that our grandparents’ generation built began to crumble; as poverty remained unchecked.
Tags: budget, economy, featured, ideology, participation, poverty, standard of living, tax
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Ottawa’s deficit-spending budget an admission that rate cuts aren’t the answer
… most business groups, usually the shrillest of critics, are behind the Liberal government’s plans… This new consensus is really a capitulation. It says that, after eight years of manipulating interest rates, that policy hasn’t worked. No amount of pushing on that string has created growth… You spend money you don’t have (but promise to pay back). You hope to stimulate demand so that businesses will follow along and economic activity will increase.
Tags: budget, economy, globalization, ideology, standard of living, tax
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Don’t copy America: Canada needs fewer guest workers, more citizens
Both Canada and the U.S. are high immigration countries – but… we have far more immigrants, yet far less social dislocation. Canada welcomes large numbers of newcomers into the Canadian family, in a legal and orderly manner, whereas the U.S. only accepts relatively small numbers of legal immigrants, while simultaneously being home to huge number of long-term, illegal entrants… Canada should be… doing the opposite.
Tags: economy, globalization, immigration, participation, rights, standard of living
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Globalization and its discontents
… free-trade deals such as the one between Canada and the European Union and the Trans-Pacific Partnership… are seen as threats rather than opportunities – threats to local jobs, local procurement preferences, local cultural institutions and efforts to protect local environments… Environmentalists… are among the most protectionist and parochial groups on the planet… Globalization has always had its enemies, going back to the 19th-century trading empires.
Tags: economy, globalization, ideology, participation, standard of living
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Why trade is taking a beating in the U.S. presidential race
The government should use its promised cross-country TPP consultations to explain how Canadians benefit from trade. One in five jobs depends on trade and trade is equivalent to sixty per cent of Canada’s GDP. Training and adjustment for those whose jobs are affected must be part of the equation. Increasingly, trade deals are less about tariffs than regulations. These regulations should expedite trade while raising environmental and labour standards.
Tags: economy, globalization, ideology, privatization, rights, standard of living
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Why Big Business is a punching bag in U.S. campaign
The current U.S. campaign has seen attacks on Ford Motor Co., Apple Inc. and Kraft Heinz Co. for shipping jobs overseas… The financial markets are a moral cesspool… Big Business is accused of habitually poking its snout in the trough of corporate welfare… where would it begin in trying to counter the popular antipathy toward it? … How would Big Business defend itself against the excessive executive pay… the main reason… is that investors would be aroused.
Tags: crime prevention, economy, globalization, ideology, privatization, standard of living
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The good and the bad in Ontario’s budget
Classical economists like Adam Smith or Mill… exposed the scam and insisted on distinguishing between productive and unproductive wealth… today’s feudal wastrels, sucking up wealth via interest that could’ve created something, are in FIRE: finance, insurance, real estate… Today they’re more likely to try to conscript the common possessions of a society: “natural monopolies” like highways (since you can’t have competing highways), public schools, or energy utilities.
Tags: budget, economy, ideology, privatization, standard of living, tax
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To revive Canada’s economy, reward those who pitch in
The new advisory council is being asked to recommend ways that Canada can… “create the long-term conditions for economic growth.”… private enterprises deserve a strong foundation built on social licence… ventures that make a contribution to society should be granted special privileges… The proposal would temporarily “socialize” private-sector gains by keeping them at work creating jobs and wealth, and enhancing government revenues.
Tags: economy, featured, ideology, privatization, standard of living, tax
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Myth of Canadian complacency has permeated our highest echelons
… pundits have used cultural theories to explain Canada’s poor record of ideas commercialization, even while acknowledging that there is no hard data to support such assertions… Canada ranks near the top for ambition and for public investment in R&D. Yet, we’re at the bottom of the rankings in tangible business creation and scaling from startup phase to high-growth phase and ultimately to large enterprises.
Tags: economy, globalization, ideology, standard of living
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