Posts Tagged ‘economy’
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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
Tags: budget, economy, homelessness, housing
Posted in Debates | No Comments »
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).
Tags: budget, economy, Education, featured, Health, homelessness, standard of living
Posted in Governance Debates | No Comments »
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.
Tags: child care, economy, Education, featured, Health, homelessness, poverty
Posted in Governance Debates | No Comments »
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:
Tags: economy, ideology, standard of living, tax
Posted in Equality Delivery System | No Comments »
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.
Tags: economy, globalization, jurisdiction, standard of living
Posted in Debates | No Comments »
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.
Tags: budget, economy, featured, ideology, poverty, standard of living
Posted in History | 1 Comment »
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Thursday, December 26th, 2024
The perception of a worsening cost of living, combined with seeing Canada as significantly more unequal, is creating a perfect storm for a deteriorating sense of control in everyday life… This is a worrying trend for our collective psychological well-being. The most powerless people tend to be the most distressed and distrustful of others — two indicators that reflect the daily sense of alarm, hopelessness and suspicion that powerless Canadians may feel when thinking of the economy.
Tags: economy, ideology
Posted in Equality Debates | No Comments »
As environment minister, I believed the oil sands sector would help us save the planet. I was wrong.
Saturday, December 7th, 2024
The oil sands sector has been lying to us for years. They are not getting cleaner. They are not part of the solution… Canada can choose to be on the right side of history. We can act with the urgency the climate crisis requires and the economic case makes clear. Or, we can double down on the oil sands, abandon the Paris Agreement, ignore the economic opportunities of clean energy, and leave our children a deadly and unsustainable future.
Tags: economy, globalization, Health, ideology, standard of living
Posted in Debates | No Comments »
Taxing Excess Profits In Canada: An Urgent Proposal For ActionTaxing excess profits in Canada: An urgent proposal for action
Wednesday, November 27th, 2024
To raise funds urgently needed to address the climate and affordability crises and curb growing monopoly power, we recommend the implementation of an economy-wide windfall profits tax that could raise over $50 billion from publicly traded companies and a monopoly profits tax that could raise $8 billion annually.
Tags: economy, standard of living, tax
Posted in Debates | No Comments »
MPPs Acknowledge Ontario Public Universities Require Additional Funding
Friday, November 15th, 2024
OCUFA maintains that public universities rely too heavily on international student tuitions, due to decades of underfunding from the provincial government… increasing provincial funding to universities by 11.75% per year for five years [would] bring Ontario in line with the Canadian average of per-student funding. Currently, Ontario’s per student funding is dead last in the country…
Tags: budget, economy, jurisdiction, participation, standard of living
Posted in Education Delivery System | No Comments »