Posts Tagged ‘economy’
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Why don’t we zone for rental apartments?
Sunday, January 8th, 2023
The speculation-driven condo business model encourages high prices for land, a dynamic that favours firms that want to get in and out quickly instead of operating a rental building for decades… a dynamic encouraged by the strange fact that apartment buildings are taxed higher than condos. Today, we build almost nothing but condos.
Tags: economy, homelessness, housing, ideology, jurisdiction, poverty
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How workers are being sacrificed to a doctrine that intentionally keeps unemployment high
Saturday, December 24th, 2022
The economy risks serious recession from an interest shock that was neither necessary, nor effective in reducing inflation… Hundreds of thousands of Canadians could lose their jobs, and many their homes. Why? They’re being sacrificed to visibly reassert a doctrine that keeps unemployment deliberately high – not just to control inflation, but more importantly to control workers.
Tags: economy, ideology, participation, standard of living
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Financing Employment Insurance Reform: Finding the Right Balance
Friday, December 16th, 2022
… the federal government is facing pressures to avoid increasing EI premiums as many businesses are still recovering from the pandemic and are likely to face another economic downturn. And while some have called for the federal government to contribute financially to the program to limit premium increases, others have expressed concern about burdening taxpayers and adding to the federal debt.
Tags: budget, economy, ideology, participation, standard of living, tax
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Covid Vaccine Campaigns Saved $Billions In Damages
Thursday, December 15th, 2022
“Overall, our analysis shows vaccines were highly effective at reducing COVID-19 cases, hospitalizations and deaths – estimates suggest 21 percent fewer cases, 37 percent fewer hospitalizations and 34,900 fewer deaths (from January 2021 to May 2022),”
Tags: economy, featured, Health, participation, standard of living
Posted in Health Debates | No Comments »
By the numbers: Here’s the living wage in 10 Ontario regions
Thursday, November 17th, 2022
In Ontario, the minimum wage is now $15.50 per hour, having risen from $15 in October. According to the OLWN, in 2021, the highest living wage was $22.08 for residents in Toronto… “It doesn’t account for debt repayment or saving for education… “we’re talking about the barest living wage for workers to thrive, to have a family, to participate in our society”
Tags: economy, ideology, jurisdiction, poverty, standard of living
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Four ways the fall economic statement could help prepare all of us for the coming recession
Thursday, November 3rd, 2022
People are anxious. The world is talking about recession… What can the government do about any of it? Help those struggling to choose between heating or eating, or even between food or shelter, by asking a bit more from those who saw a windfall in corporate profits and shareholder dividends. Here are four ways to do just that…
Tags: budget, economy, housing, ideology, tax
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Doug Ford’s math on social assistance doesn’t add up — and doesn’t solve the problem of legislated poverty for people on ODSP
Wednesday, November 2nd, 2022
… none of the increases noted above come anywhere close enough to lift people on ODSP to a livable income, especially in the face of rampant inflation, years of stagnated rates and various “clawback” rules that reduce other sources of income… Doubling ODSP rates wouldn’t just mean more money in the pockets of clients — it would mean more money spent in local communities. It would mean reduced reliance on food banks and other public supports.
Tags: budget, disabilities, economy, featured, ideology, jurisdiction, poverty, standard of living
Posted in Social Security Policy Context | No Comments »
BICN Pre-Budget Submission to the Federal Finance Committee
Thursday, October 13th, 2022
A basic income is the kind of simpler, more automatic, counter-cyclic stabilizer we need, adjusting to ups and downs, maintaining a more even keel, making us more resilient… We can learn from CERB and from evidence amassed that a basic income is a far better option than what we have now. Statistical modelling shows it is affordable… We now urgently need a permanent basic income system that leaves no one behind
Tags: economy, featured, ideology, jurisdiction, participation, poverty, standard of living
Posted in Social Security Policy Context | No Comments »
Correcting Course: Employment Insurance Needs a Redesign to Counter Recessions and Achieve Equity
Tuesday, October 11th, 2022
As a primary pillar of Canada’s social safety net, Employment Insurance (EI)… has also gone off track from its original main goal: to provide insurance against unpredictable job losses… The authors make three main policy recommendations: (i) Implement uniform or more universal entrance requirements. (ii) Sharply reduce the number of EI regions. (iii) Improve the responsiveness of the benefit duration formula to labour market downturns and recoveries.
Tags: economy, ideology, jurisdiction, standard of living
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EI Needs A Redesign To Be Recession-Ready
Thursday, October 6th, 2022
… Gray and Busby… propose implementing uniform or more universal entrance requirements across Canada… variations in the length of benefit entitlement periods would be driven by changes in unemployment rates instead of levels in given regions… [and that] the number of regions be sharply reduced… these changes may require a small increase to EI premiums.
Tags: economy, ideology, jurisdiction, standard of living
Posted in Debates | No Comments »
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