Posts Tagged ‘budget’
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Ottawa to seek equity or cash from companies applying for new COVID-19 loan program
Wednesday, May 20th, 2020
Large companies that receive bridge financing through a new federal loan program will have to give the government the option to take an ownership stake, or provide a cash equivalent… “The idea behind the warrant is to make sure that if the firm does well that Canadians, and Canadian taxpayers, share in that upside” … companies can pay off the interest on the loan through in-kind contributions, usually goods or services, for the first two years of the loan.
Tags: budget, economy, ideology, participation, standard of living
Posted in Policy Context | No Comments »
A recession is a great time to go back to school. Governments must help make that possible
Tuesday, May 19th, 2020
… unlike previous recessions, postsecondary education has itself been partly shut down… For the sake of Canada’s future, governments need to encourage young adults to keep pursuing their educations, and older and unemployed adults to consider a return… The pandemic presents an opportunity for educational innovation, born of necessity.
Tags: budget, economy, participation
Posted in Education Debates, Equality Debates | No Comments »
CERB and other coronavirus benefits won’t last forever. Or will they? What a universal basic income could look like
Sunday, May 17th, 2020
We long for some good to come from this crisis, some national purpose that future generations will point to and say: There, that is when the new world began, when we started to win the war on poverty with an income for all. But maybe a basic income is simply beyond our means… We’ll predict this much: When the crisis finally ends, we’ll be talking about basic income in a way we never have before.
Tags: budget, economy, featured, ideology, jurisdiction, participation, poverty, standard of living
Posted in Social Security Debates | 1 Comment »
There’s no such thing as a non-partisan recovery plan. Deal with it
Saturday, May 16th, 2020
… it’s worth being honest about COVID-19 recovery efforts: Trudeau’s plans are going to be different from Ford’s because they believe very different things… If you were a small-government conservative before the pandemic, Trudeau’s response will upset you; if you were a socialist before Ontario’s first coronavirus case, I regret to inform you that Doug Ford will not be leading the people in glorious revolution… conservative premiers will have enormous power to shape and constrain the federal response.
Tags: budget, economy, ideology, standard of living, tax
Posted in Governance Debates | No Comments »
Ottawa has the Tools to Replace the CERB
Friday, May 15th, 2020
Two groups of Canadians face particular difficulties – low-income Canadians and families with children. Low-income Canadians have been hit hardest, as they make up the largest proportion of a service-sector led shutdown… Extending the CCB and GSTC boosts will allow low-income Canadians and families with children face the post-CERB knowing that they would have the income security they need to face the likelihood of a slow and uncertain recovery.
Tags: budget, child care, economy, Health, ideology, participation, poverty, women
Posted in Social Security Policy Context | No Comments »
Burden of the crisis must be shared fairly
Thursday, May 14th, 2020
The new LEEFF (for Large Employer Emergency Financing Facility) program is… designed to provide loans to big companies that are having trouble getting credit from private lenders… it comes with what the government calls “strict conditions.” … to maintain jobs and investment; uphold existing labour contracts and pension obligations; abide by federal goals on the environment and sustainability; and limit executive compensation, dividend payouts, and share buy-back schemes.
Tags: budget, economy, ideology, participation, privatization
Posted in Equality Policy Context | No Comments »
Stephen Harper still favours business over big government. So how did that work out after 2008?
Thursday, May 14th, 2020
Day by day, week by week, Trudeau’s government is increasingly making clear that its approach to bailouts will not follow the path taken more than a decade ago, when much of the aid to corporate giants never did filter down as promised to economically devastated citizens. The Occupy movement and its cries against the “one per cent” were a direct result of the frustration and fallout of the 2008 crash and the income inequality it exposed.
Tags: budget, economy, ideology, standard of living
Posted in History | No Comments »
The case for putting seniors’ care under the Canada Health Act
Sunday, May 10th, 2020
One of the most critical undertakings by governments across the country over the past five to 10 years has been reining in runaway health care budgets. And most governments have been successful in doing so. Adding long-term care to health budgets would be a serious blow to those efforts. Then again, maybe Canadians can agree that this is something that needs to be financed… “It would be the first big expansion of our medicare system that has happened in decades…”
Tags: budget, disabilities, Health, housing, ideology, jurisdiction, standard of living, tax
Posted in Health Policy Context | No Comments »
COVID-19 has exposed ugly failings of our politics. Here’s how Ottawa can build on the lessons of the pandemic
Saturday, May 9th, 2020
COVID-19. It has proved that the Employment Insurance system is out of step with today’s workforce. It has stirred questions about globalization and whether international supply networks are truly a virtue in times of desperate need. It has spurred plodding bureaucracies, known for their cautious approach to issues, into impossibly speedy policy decisions to rush aid to Canadians. And it’s left Canadians with a deficit hangover… the pandemic has laid bare problems and blown up old ways of doing things.
Tags: budget, child care, economy, Health, ideology
Posted in Governance Debates | No Comments »
Pandemic proves value of guaranteed incomes
Saturday, May 9th, 2020
We know that we will emerge from this crisis with higher levels of unemployment than we have seen in two generations. We should be prepared for a winter ahead into which millions of Canadians will be headed broke, unemployed and close to despair… It might lead to the most transformational changes in today’s rich but increasingly divided and unequal economies since Bismarck invented the public pension system, nearly 140 years ago.
Tags: budget, economy, featured, ideology, mental Health, participation, poverty, standard of living, tax
Posted in Debates | No Comments »
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