Posts Tagged ‘budget’
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Federal government’s new fiscal guardrails ‘helpful’ for monetary policy: Macklem
Thursday, November 23rd, 2023
The fall economic statement made new commitments on how the federal government will approach its finances, including setting a goal to keep deficits below 1 per cent of the GDP beginning in 2026-27… The governor said Canada has two advantages today compared with the 1970s. The first is that people expect inflation to come back down in the long run; the second, that the Bank of Canada responded forcefully this time with aggressive rate hikes.
Tags: budget, economy, ideology, jurisdiction, standard of living
Posted in Policy Context | No Comments »
Ontario’s regional universities are in jeopardy — and so are the future of our communities
Tuesday, November 21st, 2023
Increasingly… regional universities are alone in shouldering the costs of educating our future citizens and supporting our communities due to funding freezes from the province… Operating grants from the provincial government have been frozen since 2006 and the province has not funded for net new students since 2016… Then in 2019, the province cut domestic tuition fees by 10 per cent and has frozen them since… These cuts are not sustainable.
Tags: budget, ideology, jurisdiction, standard of living
Posted in Education Delivery System | No Comments »
When did the erosion of Ontario’s universities and colleges start?
Friday, November 17th, 2023
In 2019 Ford cut tuition fees by 10 per cent and kept them frozen… It was destructive. Ontario’s per-student funding for universities was only 57 per cent of that in all other provinces while its colleges were at 44 per cent…This funding gap is causing such hardship that eight of 23 universities, including Queen’s University and Waterloo, are running deficits. Some may crumble or break, as did Laurentian University.
Tags: budget, ideology, immigration, jurisdiction
Posted in Education Debates | No Comments »
National pharmacare dream dying as Trudeau appears ready to cave to Big Pharma
Thursday, November 16th, 2023
… pharmacare would increase Canadian government spending by the equivalent of about one-third of one percentage point of GDP… Even so, politicians seem willing to conjure up the threat of a credit downgrade, scaring Canadians into falsely believing universal pharmacare is unaffordable. (Instead, the Liberals may propose a smaller means-tested program.) … don’t be fooled into believing it’s because we can’t afford it.
Tags: budget, Health, ideology, pharmaceutical
Posted in Health Debates | No Comments »
“Not broken, just underfunded”: for-profit care won’t reduce wait times, CCPA report says
Wednesday, November 15th, 2023
“Ontario does not lack the physical space and equipment to improve wait times for surgeries and medical imaging; what is missing is the health care workforce and funding necessary to do the work.” … Ontario is set to repeat the mistakes of Alberta, a province that saw wait times increase and total surgical volumes decline as public funding and staffing were diverted into investor-owned centres.
Tags: budget, Health, ideology, jurisdiction, privatization
Posted in Health Delivery System | No Comments »
Want financially stable universities? Provide the investment students and faculty deserve
Tuesday, November 14th, 2023
… the financial stability of post-secondary education is in crisis without an increased investment in post-secondary education from the province… our province already having the lowest investment per student across all of Canada… questions remain around what a “successful” post-secondary system looks like to the provincial government… Universities require more investment because they are major economic drivers for the communities in which they operate.
Tags: budget, immigration, jurisdiction, standard of living
Posted in Education Debates | No Comments »
Family doctors are suffering and so are their patients
Monday, November 13th, 2023
The money that family doctors make is at the very bottom of the range of all physicians’ pay… when we are responsible for all the overhead costs of operating a clinic, which are rising every year, and our fees don’t increase to keep up, the difference has to be made up somewhere and it comes out of the doctor’s pocket… it is getting harder and harder to operate a financially sustainable family medicine practice.
Tags: budget, Health, ideology, jurisdiction
Posted in Health Delivery System | No Comments »
Ontario launching infrastructure bank with $3B in public funding
Friday, November 3rd, 2023
Ontario is proposing to launch its own infrastructure bank – with an initial $3 billion in public funding – in order to help foot the bill for long-term care homes and transportation projects, as slowing economic growth has the province sinking deeper into the red… the bank will attract trusted institutional investors to help finance essential infrastructure that would not otherwise get built,”…
Tags: budget, economy
Posted in Debates | No Comments »
The Liberals have a chance to make headway on pharmacare. They should seize the opportunity
Thursday, November 2nd, 2023
Hoskins had recommended that a universal program begin with essential medicines, which would initially cost the government $3.5 billion to $4.5 billion. The NDP insists on a single-payer universal system but acknowledges it can’t be done in one fell swoop. It has demanded that timelines for progress be enshrined in legislation. If all this leads to a “foundational” piece of legislation and a firm road map going forward, that will be welcome and significant progress in a time of economic uncertainty.
Tags: budget, disabilities, economy, featured, pharmaceutical, standard of living
Posted in Health Debates | No Comments »
Budget officer estimates cost and savings of single-payer pharmacare
Thursday, October 19th, 2023
The PBO says, “Upon the implementation of a single-payer universal drug plan… we estimate the incremental cost to the public sector (that is, federal and provincial governments) combined to be $11.2 billion in 2024-25, increasing to $14.4 billion in 2027.” In terms of the economy as a whole, the PBO estimates cost savings on drug expenditures of $1.4 billion in 2024-25, rising to $2.2 billion in 2027-28.
Tags: budget, economy, Health, jurisdiction, mental Health, participation, pharmaceutical
Posted in Health Debates | No Comments »
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