Posts Tagged ‘budget’

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Ontario professors say new postsecondary funding a drop in the bucket

Wednesday, February 28th, 2024

“The deficits Ontario universities face are due to a manufactured crisis by the province due to chronic underfunding. And this new spending will keep Ontario’s universities dead last in per-student funding compared to every province in the country” … OCUFA is pleased to see a commitment to freezing tuition fees for domestic students, but noted there is no commitment to more direct funding for universities to make up for the loss in revenue from that freeze.

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Canadians could have a balanced budget and better tax system: C.D. Howe Institute Shadow Budget

Tuesday, February 27th, 2024

Beyond reducing the debt burden to a level that is prudent and more fair to younger Canadians, the authors advocate tax changes to reward work and investment… The Shadow Budget proposes restoring the GST to 7 percent over time, lowering the rate for the middle personal income tax bracket to 15 percent in 2027, and lowering the general corporate income tax rate by one percentage point in 2025 and another in 2026.

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Ontario adds $1.3B in post-secondary funding, freezes tuition for three more years

Tuesday, February 27th, 2024

Ontario ranks 10th out of 10 in every comparison of interprovincial post-secondary financing, according to a report last year by Higher Education Strategy Associates. International students now give more money to Ontario’s institutions than the government does… Raising Ontario’s level of per-student funding to the average of the other nine provinces would require $7.1 billion per year in additional spending — much higher than the current level of operating funding at around $5 billion

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Why is Ontario embracing private health care? The Scandinavian experience shows it hurts both the quality and choice of care

Tuesday, February 20th, 2024

A new report examines trends in Sweden, Norway, the United States, France and Great Britain, where the pursuit of profit by financial capital is systematically devouring public funding, eroding quality of care and degrading working conditions. Sound familiar? It should: The tapeworm economy has arrived in Ontario, and we need to control it… The escalating profitization of care gobbles up funds that could improve care.

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How shamelessly has Doug Ford ground down Ontario’s colleges and universities? Let me count the ways

Tuesday, February 13th, 2024

The Tories set up a fancy-sounding Blue Ribbon Panel on Post-secondary Education that quickly focused on fixing the distorted bottom line with straightforward advice: Stop cutting tuition and stop freezing funding… Let’s not confuse efficiencies with distortions. By profiting from the penury of post-secondary institutions — boosting his own bottom line while starving universities and contorting colleges — Ford is giving the province a costly lesson about false economies.

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Ontario professors offer a blueprint for revitalizing public universities

Tuesday, February 6th, 2024

Ontario has the lowest per-domestic student funding level for universities in Canada… The government of Ontario’s disinvestment has led universities to look elsewhere for revenue, including sky-high international student tuition fees… said Jenny Ahn, OCUFA Executive Director. “The current state of affairs for Ontario universities is unsustainable. Our recommendations for the provincial budget provide a path forward for investing in public education.”

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How better and cheaper software could save millions of dollars while improving Canada’s health-care system

Monday, February 5th, 2024

Although the Canadian federal government has invested over $2.1 billion developing health information technology (HIT), all 10 provinces still have their own separate HIT systems. Besides being an obvious source of redundancy and waste, these systems: do not work together, are expensive and are inconsistent… we analyzed the economic costs and savings of integrating some of the functions of the software…

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Cure for the Public Debt Pandemic: An Economic-Principles-Based Fiscal Anchor

Friday, February 2nd, 2024

… we don’t have a textbook fiscal policy but rather a counter-recession and pro-expansion debt policy… over a business cycle, the net accumulation of public debt should be equal to the value of income-generating investments. This anchor would fluctuate with changes in business conditions but would guide policymakers to maintain the tight relationship of its two parts over time… We can call this anchor “net economic public debt.”

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Missing teeth: Who’s left out of Canada’s dental care plan

Tuesday, January 30th, 2024

The choice is twofold: (1) Continue to create new medical care programs with a fill-in-the-gaps model and an income cap, like Canada is currently doing on dental care, or (2) Align new medical care programs with the principles of the Canada Health Act, which is based on the underlying principle of health care for all. The findings in this analysis of Canada’s nascent national dental care plan might also be relevant to the much anticipated announcement of a national pharmacare plan.

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It’s time for OHIP to cover all forms of prescription contraception

Tuesday, January 30th, 2024

Who’s left out? Anyone older than 25 without a private health-care plan, temporary foreign workers in between contracts, people with refugee status, international students… In short: people with shifting economic and living realities and those for whom an unexpected or unwanted pregnancy would likely be especially destabilizing… Control over one’s own fertility is inherently tied to human dignity. A money-saving, life-improving policy that supports this should be a no-brainer.

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