Posts Tagged ‘economy’

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An ambitious plan for an alternate reality

Friday, September 25th, 2020

This is the prospect that has so entranced the Prime Minister’s Office: bundling all the policies they’d ever dreamed of together and passing them all in a rush – in the name of “the pandemic” – and doing it all with borrowed funds. The government that failed at so basic a state responsibility as safeguarding public health is eager to take on new challenges.

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Ottawa faces a fiscal reckoning. It must review all programs and costs 

Friday, September 25th, 2020

The task ahead is on a different scale than any government has faced since the Second World War. It demands not just new programs, but a new way of thinking. This government needs to roll up its sleeves and thoroughly re-examine not only its spending priorities, but its revenue sources, its antiquated tax code, its industrial strategy… Without it, this remains just an unsustainably expensive wish list.

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‘This is a start’ — advocates welcome Trudeau’s commitment to build national child-care system

Thursday, September 24th, 2020

… the government will make a “significant, long-term, sustained investment to create a Canada-wide early learning and child-care system… to ensure that high-quality care is accessible to all.” … Although details of the actual investment won’t come until the budget, advocates were heartened by the government’s apparent commitment to shift child care away from a market-based system that relies on parent fees.

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New survey shows Canadians want lasting change to accompany economic recovery

Tuesday, September 22nd, 2020

… change should be “fundamental.” … most often cited… is the need to reduce inequality… a priority shared by the higher and lower income alike… in a society that provides quality long-term care for the elderly, that covers all essential medicines through public drug plans, that makes sure employees can take paid sick days when they need to, and that makes affordable and high-quality daycare for young children available to all parents who need it.

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Billionaires get richer while millions struggle. There’s a lot wrong with this picture

Tuesday, September 22nd, 2020

growing inequality — and public concern about it — is being exacerbated by the pandemic. That makes this a particularly good time to revisit the many policy tools Ottawa has to do something about it. Tax reform tops the list. Canada can do more to prevent and pursue companies that hide billions from the taxman in offshore tax havens and close the many loopholes that let the very wealthy lower their tax bill.

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What is it that Doug Ford doesn’t understand about pharmacare?

Sunday, September 20th, 2020

The premiers keep complaining about rising health-care costs, so why not embrace the one big idea that could control costs dramatically? COVID-19 is a time of crisis, but it also confers an economic opportunity for health care… Money need not be an obstacle, because a well-designed plan will pay dividends — not just in lower drug costs but in better health outcomes.

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Freeland prepares to take us down a self-defeating path

Sunday, September 20th, 2020

The problem with putting government-influenced distribution of wealth ahead of wealth creation as a public policy goal is that it tends to create a national economy that is a zero-sum game — i.e., stagnant — and pursues a socioeconomic goal in which wealth is taken from those who have earned it and given to those who have not, in the name of social justice and in implicit exchange for their votes. This ultimately leads to massive discontent, corruption and a failed economy.

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Can Canada pivot from pandemic to progress?

Sunday, September 20th, 2020

… the Liberals’ Throne Speech on Sept. 23 will be an opportunity to set out policies and programs to carry us forward in ways that are more inclusive and equitable… a guaranteed livable income, along with adequate wages and benefits for the employed – as well as other social and health supports such as child care, education, pharma, mental health and dental care – would be a way to protect all Canadians.

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Forget a guaranteed basic income. There’s a better way to make sure Canadians have enough money after COVID-19

Saturday, September 19th, 2020

We already have many well-entrenched programs serving many parts of the population quite well… To replace many of them with a single cheque would not only be legally difficult, but would also give the federal government a blunt instrument to deal with the complex and ever-changing problems of poverty, low income and inequality… It’s become painfully obvious that ensuring that there are enough affordable, high-quality child-care spaces is essential for a recovery.

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‘Billionaire wealth has bounced back’: Canada’s 20 richest people saw their fortunes grow by $37 billion during COVID-19, study says

Thursday, September 17th, 2020

The proceeds of a wealth tax could “create ongoing revenue streams” to fund important social policy initiatives… “That includes areas such as health care, building a universal child-care system, addressing the housing crisis that exists in so many parts of the country, and addressing the next looming crisis on the horizon in climate change.”

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