Posts Tagged ‘budget’
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Ontario reduces child-care fees, introduces new operator funding formula
Sunday, August 18th, 2024
The new funding structure, which will come into effect January 1, also comes with an announcement that as of the same day the fees parents pay will be further reduced. They have already come down about 50 per cent to an average of $23 a day and next year will fall to an average of $19, and capped at $22. Those will be cut further to an average of $10 a day by March 2026, a date pushed back from an earlier pledge of September 2025.
Tags: budget, child care, jurisdiction, participation
Posted in Child & Family Delivery System | No Comments »
Canada has a hospital wait-time crisis. Other countries with universal health-care don’t. We should follow their lead
Tuesday, August 6th, 2024
In Canada, hospitals are primarily funded through what is called block funding… Under this system, any patient coming in is a cost to the hospital, which is then incentivized to ration care through long wait times… In European health-care systems, hospitals are primarily funded through an activity-based funding model… As every act of care is tied to a direct source of revenue, hospitals are encouraged to see and treat more patients
Tags: budget, Health, jurisdiction
Posted in Health Delivery System | No Comments »
Crown must settle with First Nations for breaching Robinson treaties: Supreme Court
Thursday, August 1st, 2024
The Crown made a mockery of its treaty promise to the Anishinaabe in Ontario by freezing annual payments to First Nations for 150 years, and it now must make things right, the Supreme Court of Canada has ruled… The decision noted that the Crown has derived “enormous economic benefit” from the land through mining and other activities over the years, while First Nations communities have suffered with inadequate housing and boil-water advisories. Lawyers for the plaintiffs said people have been living in abject poverty.
Tags: budget, featured, Indigenous, rights, standard of living
Posted in Governance History | No Comments »
Ford’s zealous desire to privatize alcohol sales will be costly for Ontario taxpayers
Friday, July 12th, 2024
The Liquor Control Board of Ontario (LCBO)… annual profit — $2.5 billion in 2023 — goes into the public treasury, where it pays for things like health care and education… it’s doubtful that Ontarians would want to pay higher taxes so that more profits from alcohol sales could go to highly-profitable grocery store chains… Once all the LCBO’s lost revenue is factored in, the full cost to the public treasury of this privatization will likely be… close to a billion dollars.
Tags: budget, economy, ideology, privatization, tax
Posted in Delivery System | No Comments »
Is the cap on for-profit centres hampering growth of $10-a-day child care in Ontario?
Wednesday, July 10th, 2024
In the deal with the federal government, Ontario committed… to maintaining a ratio in the $10-a-day system of 70 per cent non-profit spaces and 30 per cent for-profit spaces… while there have been about 51,000 new spaces since 2019 for the kids five and under… only 25,500 of those are within the $10-a-day system… Ontario needs to address its own funding formula and workforce issues before seeking to expand for-profit daycares.
Tags: budget, child care, featured, ideology, participation
Posted in Child & Family Delivery System | No Comments »
Four decades of tax cuts, deregulation and privatization equals a serious distribution of wealth problem
Saturday, July 6th, 2024
After slashing government funding to public services starving them into crisis just to pay for tax cuts to the wealthy and their corporations, they then present privatization as the solution to a problem they created. The only thing deregulation and privatization does is create more profit-making opportunities…
Small tax cuts to the general population have been used as a cover for massive tax cuts to the wealthy and their corporations. Reversing tax cuts is not raising taxes, it is restoring revenue to rebuild our once civil society.
Tags: budget, ideology, privatization, standard of living, tax
Posted in Governance Debates | No Comments »
The rich say boosting the capital gains tax will hurt productivity, but it’s just not true. Time to do a little myth-busting
Monday, June 17th, 2024
Most academic economists support a higher inclusion rate, partly because it levels the playing field between different types of capital income. But the best motivation is $20 billion in revenue it will raise over five years, to support modest new programs announced in this budget. This will help fund school lunches, affordable housing initiatives, dental care and disability benefits — while still respecting Freeland’s fiscal “guardrails.”
Tags: budget, economy, featured, ideology, standard of living, tax
Posted in Equality Policy Context | No Comments »
Pierre Poilievre’s vision for Canada: Heaven for the very rich and squat for everyone else
Friday, June 14th, 2024
… the real redistribution in recent years hasn’t been the small bit directed toward benefits for ordinary Canadians but rather the gush of money toward the wealthiest Canadians. In 2021, the richest .01 per cent saw their incomes grow on average by a stunning 30 per cent to $12.5 million a year, while the incomes of 14 million working Canadians actually declined, according to Statistics Canada.
Tags: budget, standard of living, tax
Posted in Equality Debates | No Comments »
Years of corporate handouts achieved nothing. It’s time for something different
Thursday, June 13th, 2024
… corporate subsidies – either through tax incentives or direct funding and loans – now equal about $50-billion per year. That is slightly over one-half of the total amount of corporate taxes collected by the federal government and almost as much as they spend on health care. only 20 per cent of these business subsidies aimed at increasing productivity actually boost real income for Canadians. The other 80 per cent are not only ineffective but have to be paid for by either more taxes or by decreasing spending on other priorities.
Tags: budget, economy, ideology
Posted in Policy Context | No Comments »
Inside the Campaign to Kill a Step Toward Tax Fairness
Monday, June 10th, 2024
… interest groups don’t have to offer an alternative and can just snipe at proposals that they dislike. The capital gains change is expected to bring in more than $19 billion over the next five years. Anti-tax groups don’t need to explain where that money should come from, or what services should be cut if the tax is axed… But the process is a warning about the powerful forces that will battle any move to increase tax fairness, if it means the rich will pay more.
Tags: budget, ideology, tax
Posted in Equality Debates | No Comments »