Posts Tagged ‘budget’
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Trudeau says businesses, non-profits, charities all eligible for wage subsidy
Monday, March 30th, 2020
The federal government has vastly expanded the 75-per-cent wage subsidy for small businesses to include large companies as well as charities and non-profits to encourage them to keep workers on the payroll during the COVID-19 pandemic. Prime Minister Justin Trudeau told his daily news conference Monday that the generous subsidy will be open to any business or organization that has suffered a 30-per-cent drop in revenue as a result of the coronavirus.
Tags: budget, economy, ideology, jurisdiction, participation, standard of living
Posted in Policy Context | No Comments »
Ottawa Delivers 1-2 Punch To Prevent Layoffs And Mitigate Economic Harm
Sunday, March 29th, 2020
Across the economy, businesses and not-for-profits are losing revenue and laying workers off. A chain reaction from job loss would be a major reason why people anticipate a deep recession and double-digit unemployment. In this edition of Graphic Intelligence, we show how Ottawa’s announcement to cover wage costs alters the chain reaction and mitigates the economic impacts of COVID-19.
Tags: budget, economy, ideology, participation, standard of living
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Keep it quiet, but universal basic income is coming
Friday, March 27th, 2020
The rise of fascism and the Second World War required the creation of the full welfare state (which was previously restricted to meagre old age pensions) to avoid a replay the next time the economy tanked. The current emergency may be fostering the rise of ideas previously seen as too radical to contemplate, but nobody is saying “universal basic income” yet.
Tags: budget, economy, featured, ideology, participation, poverty, standard of living
Posted in History | No Comments »
There is no perfect economic response for Canada’s coronavirus shutdown
Friday, March 27th, 2020
There’s been a flurry of debate about the best method to get help to individuals in this crisis. Should it be delivered by way of targeted income-support programs, such as the CERB? Should the money instead go to employers, in the form of a wage subsidy, enabling them to keep paying their employees, even if they aren’t doing anything? Or should the government just mail everyone a cheque… the amount depending on their income – a universal, if temporary, basic income?
Tags: budget, economy, ideology, participation, tax
Posted in Debates | No Comments »
A rescue package includes expanding medicare
Wednesday, March 25th, 2020
… as we are seeing an unprecedented collective effort to protect Canadians in the acute phase of this crisis, we also have an opportunity to ensure that every person living in Canada has access to the essential medications and dental care they need, regardless of employment status, to protect them against ongoing and future instability… On dental care, Canada has one of the least accessible systems in the developed world. Only 5 per cent of all spending on dental care is publicly funded
Tags: budget, Health, ideology, pharmaceutical, standard of living
Posted in Health Debates | No Comments »
There’s less than meets the eye in Ontario’s COVID-19 plan
Wednesday, March 25th, 2020
Hospitals… are getting $935 million under this plan, which isn’t far off what they said they needed just to maintain the existing level of care before the coronavirus… there’s no plan for direct cash payments to help those who have lost work or been forced to isolate because of COVID-19…. plenty of other provinces are jumping in to enhance the Trudeau government’s stimulus package with their own measures, believing it is a necessary provincial role… The Ford government, by contrast, seems keen to leave the heavy lifting to Ottawa.
Tags: budget, economy, Health, ideology, jurisdiction, poverty, tax
Posted in Governance Policy Context | No Comments »
Ontario unleashes record spending for COVID-19 pandemic with $17B in emergency measures
Wednesday, March 25th, 2020
Finance Minister Rod Phillips on Wednesday injected $3.3 billion more into health plus $3.7 billion for other supports and promised an additional $10 billion in tax deferrals, doubling the deficit to $20.5 billion… “COVID-19 is an extraordinary threat to the health and economy of Ontario…” “We will spend whatever it takes,” Ford told reporters.
Tags: budget, economy, Health, ideology, jurisdiction, tax
Posted in Governance Policy Context | No Comments »
A wartime economy is a very particular thing
Wednesday, March 25th, 2020
When there is only one economic objective, and everyone agrees what it is, central planning works tolerably well… Good policy ideas that are, for one reason or another, politically impractical at most times often become possible in crises, when the risks and rewards of experimentation are seen rather differently. The baby bonus came out of the Second World War. Perhaps some form of basic income will be the legacy of “World War C.”
Tags: budget, economy, globalization, Health, ideology, jurisdiction, rights, standard of living
Posted in Debates | No Comments »
Catholic teachers’ contract deal provides $33M for special education
Wednesday, March 25th, 2020
The OECTA deal, which ends Aug. 31, 2022, keeps class sizes as they are for kindergarten to Grade 3 and slightly boosts the average size of classes to 24.5 students for Grades 4 to 8. Because some Catholic boards had larger class sizes — and because the tentative deal says exceptions will no longer be allowed — additional teachers will be hired in some areas… As for mandatory e-learning… two credits are still required for graduation but the government also agreed to an opt-out policy.
Tags: budget, disabilities, ideology, youth
Posted in Education Delivery System | No Comments »
To address the needs of Canadians during the COVID-19 crisis, we need a targeted basic income
Tuesday, March 24th, 2020
A targeted income maintenance approach that is conditional on income — what we refer to as a “targeted basic income” — meets the urgency of the current crisis. And, because seniors and children already have a guaranteed annual income through the Old Age Security, Guaranteed Income Supplement and CCB programs, the major remaining gap in social policy must address the needs of low-income working-age people — particularly those without children.
Tags: budget, economy, featured, ideology, jurisdiction, poverty, standard of living
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