Posts Tagged ‘economy’

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This is war. Time for a wartime funding mechanism: Victory bonds

Saturday, March 15th, 2025

… tax cuts and spending cuts [are not] what the nation needs most now, and neither will build the economic strength needed to defend our interests and sovereignty… Raise the floor, raise the ceiling and make EI last longer so it can do the job it was designed to do, acting as an automatic economic stabilizer to sustain purchasing power… prohibit the purchase of [businesses, resources and vital services] by non-Canadians… [and] create a “wartime” funding mechanism: victory bonds… an infusion of cash could fund desperately needed spending in the public interest.

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Health care advocates need to keep up the pressure on Mark Carney

Thursday, March 13th, 2025

… on March 9, Carney said, “In America, health care is a big business. In Canada, it’s a right.” He did not say it is universal and public. When he mentioned pharmacare and dental care he tagged it with “for those who need it.” That sounds just like a fill-in-the-gaps program, and not a universal program. Big Pharma’s key demand is that eligibility be restricted to “those who need it” and exclude those who have private plans… It’s clear that Big Pharma… is plotting how the program can be modified. 

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In the Ontario election, we’re not talking about money—which the province urgently needs

Wednesday, February 26th, 2025

Ontario is a rich province. We have the resources, but the provincial government needs to act with resolve in collecting revenue and investing it… Ontario also raises less revenue than almost all provinces on a per capita basis. Every year, it raises $2,400 less in revenue per person than British Columbia and $4,100 less than Quebec… Ontario’s low revenues mean less funding for public services

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‘Against The People’ and the truth about ‘populist’ Doug Ford

Friday, January 31st, 2025

In every public policy area, “the voices of the public, civil society organizations, local governments and the provincial public service Ford has aggressively marginalized as red tape”… Consistently, Ford is following the Conservative strategy of “creating a crisis” and then corporatizing and privatizing the solution, transferring wealth to the wealthy and keeping wages low.

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What would it take to end chronic homelessness? Now we know

Friday, January 31st, 2025

Addressing chronic homelessness begins with offering stable, deeply affordable housing… a costed ten-year plan to end chronic homelessness in Ontario… [would call for] a new cumulative investment of $11 billion over the next decade… The Ontario government is currently spending a little over half of what is needed… It’s time the government stepped up with a real strategy, real targets, and real accountability for ending chronic homelessness

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Doug Ford’s $612-million beer boondoggle tab could hardly have arrived at a worse time for him

Wednesday, January 29th, 2025

Why starve hospitals and deprive patients of family physicians while pouring money down the drain for beer and wine?… Ford had the past seven years to make good on his promises — on health care and housing, if not booze. Yet only on Monday, on the eve of an election, did his government come forward with a last-minute plan to give two million more Ontarians access to a family doctor within four years (in time for another election).

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Doug Ford always had a mandate to invest in Ontario, he just didn’t do his job

Friday, January 24th, 2025

Does the current government have the mandate to expand child care provision, tackle the colossal school repair backlog, reduce emergency room waiting times and assist the more than 100,000 Torontonians relying on food banks and 80,000 Ontarians experiencing homelessness? It does.
Yet, that’s not the focus. Year in and year out, the Ontario government’s attention and dollars have been poured into populist and nonsense measures nobody asked for.

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Company men: CEO pay in 2023

Thursday, January 9th, 2025

Following two blistering years of all-time high compensation, Canada’s 100 highest-paid CEOs pocketed $13.2 million, on average, in 2023—the third biggest haul since we’ve been tracking CEO pay. On average, these 100 CEOs were paid 210 times more than the average worker’s wage in 2023—from its high of over 240 times more pay in the previous two years… This report notes several trends and busts key myths about CEO pay and their worth:

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Canada, the 51st state? Eliminating interprovincial trade barriers could ward off Donald Trump

Thursday, January 9th, 2025

… if interprovincial trade barriers were removed, there would be an improvement in Canadian productivity of between three and seven per cent. In dollar terms, that would add $50-$130 billion dollars to Canada’s economy. The CFIB findings put the figure at $200 billion, or $5,100 per person… Bringing down barriers to trade across Canadian provinces would create conditions that could enable Canadian companies to be more competitive internationally, and beyond the U.S. market in particular.

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Say what you want about Justin Trudeau — there’s still no arguing Canadians became wealthier while he was in power

Tuesday, January 7th, 2025

…the poverty rate… now nine per cent, [is] down from 14.5 per cent when he first took office… achieved in large part by Trudeau’s Canada Child Benefit, which has lifted as many as half a million children from poverty. Trudeau’s national daycare program has also helped, reducing monthly daycare expenses to $400 from about $2,000, dropping further to about $200 in the next two years… [and] introduction of limited denticare and pharmacare, a foundation for future governments to build on.

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