Archive for the ‘Economy/Employment’ Category
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Finance Minister Bill Morneau could be just what Parliament needs
In the past, he has written that the welfare state is big enough already, and that Canadian taxes are as high as they can go… he seems motivated by a sense of duty, coupled with a businessman’s zeal for problem-solving… Today, he has softened his views on stopping the growth of the safety net. As standard-bearer for Liberal economic policy, he enthusiastically touts the party’s pledge to raise the Guaranteed Income Supplement for single, low-income seniors; bolster the Canada Pension Plan; and ease access to employment insurance.
Tags: economy, ideology, pensions, standard of living, tax, youth
Posted in Debates | 2 Comments »
Ontario’s newest trend: living wage employers
The living wage has become the hottest conversation among employers who believe their mission is not just to make money, but to also reflect their corporate values… they’re a refreshing counterpoint to the perennial conversation stopper whenever any province in Canada decides it’s time to raise the minimum wage. Not every business wants to profit off of a low-wage economy. A growing number of employers are signing up to do the right thing.
Tags: economy, ideology, jurisdiction, participation, poverty, standard of living
Posted in Debates | No Comments »
The new arch capitalist is … your grandma
… capitalists aren’t who they use to be. Because more people are able to earn wages that allow workers to save for their retirement, the median pure capitalist — that is, someone who does not work and who derives her income from her asset holdings — is now a retiree, not a plutocrat. Plutocrats still exist, but any policy designed to suppress investment income is going to generate significant collateral damage among the elderly.
Tags: budget, economy, ideology, tax
Posted in Debates | No Comments »
Greed is not the only driver of economic growth
“… social entrepreneurs… confront the societal structures that leave too many behind, roll up their sleeves and set about the hard, exhilarating and important work of transforming what is into what can and should be.” Getting Beyond Better is not a how-to guide for young visionaries seeking to launch and sustain socially responsible businesses. Most of them learn by doing, help each other and rely on their energy, ingenuity and determination to prove a double bottom line — doing well and doing good — can work.
Tags: economy, featured, ideology, participation, poverty, standard of living
Posted in Debates | No Comments »
Sustainable development goals offer a path to prosperity
The Sustainable Development Goals take effect in January 2016, when UN member states are expected to enact policies and legislation to realize them and their associated targets…. a privileged country like Canada is in an ideal position to show leadership on these development goals, especially if we expect poorer UN member countries to do their part. Canada must work with other nations to create transformative change that protects what we have and leaves the world in better shape for our children and grandchildren.
Tags: economy, featured, globalization, Health, ideology, participation, standard of living
Posted in Debates | No Comments »
Canada can’t let labour mobility create an underclass of TFWs
… the TPP is rewriting the rules of business for the 21st century, including those with respect to labour mobility. Half of the 12 negotiating countries have large economies and aging populations, and the other half are populated by younger people with fewer opportunities. Labour mobility is an obvious solution to this apparent labour imbalance in the global market. But it’s crucial that we decide whether this happens through recourse to temporary, precarious work, or through a more just pathway of immigration leading to citizenship.
Tags: economy, featured, globalization, immigration, participation, rights, standard of living
Posted in Policy Context | 1 Comment »
Modern Treaties Boost First Nations Income, Benefit Resource Companies
… Aboriginal rights over their ancestral land are, in many cases, not well defined… Comprehensive Land Claim Agreements, which began in the 1970s, have sought to clarify who owns the land and its resources.” … by clarifying property rights, treaties reduce the transaction costs for extractive industries such as mining and facilitate their development. Such clarification paves the way for more resource projects that may increase demand for local workers.
Tags: economy, Indigenous, jurisdiction, rights, standard of living
Posted in Policy Context | No Comments »
These Liberals get economics
While it is possible to disagree with the Liberal platform on many points — for example, the narrative of a middle class in decline contradicts my reading of the evidence — its level of economic literacy is remarkably high for a political manifesto… Chrétien came to power campaigning against the consensus of opinion among economists… Justin Trudeau has not made that mistake.
Tags: budget, economy, globalization, ideology, tax
Posted in History | No Comments »
Keynes Comes to Canada
… having bought into deficit panic, center-left parties found themselves in an extremely weak position. Austerity rhetoric comes naturally to right-wing politicians, who are always arguing that we can’t afford to help the poor and unlucky (although somehow we’re able to afford tax cuts for the rich). Center-left politicians who endorse austerity, however, find themselves reduced to arguing that they won’t inflict quite as much pain. It’s a losing proposition, politically as well as economically.
Tags: economy, featured, globalization, ideology, standard of living, tax
Posted in History | No Comments »
EU’s tax message to big companies: The game’s over
… the EU fired its first shot at tax-avoiding multinationals: those engaged in a form of fiscal villainy that apparently costs the world between $100-billion (U.S.) and $240-billion in lost tax revenues… known in accounting jargon as transfer pricing… The trick involves shifting taxable profits from one jurisdiction to another, perhaps by charging too much interest for an intercompany loan, or an exorbitant fee for a bit of internal management consultancy, until the profits have been siphoned from an operating subsidiary in a high-tax jurisdiction (where there are assets, jobs and real activity), and arrive in a tax haven, a letter box and an e-mail address in the Caribbean.
Tags: crime prevention, economy, featured, globalization, jurisdiction, tax
Posted in Policy Context | No Comments »
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