Posts Tagged ‘economy’
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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.
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 »
What’s behind Canada’s housing crisis?
Wednesday, November 6th, 2024
Canada had a strong housing welfare system in the 1960s and 1970s, but this changed in 1993 when the federal government stopped funding social housing programs. It shifted toward a commodified system that emphasized individual responsibility… This shift was driven by two neoliberal beliefs. The first is that the private market is the most efficient way to provide housing… The second belief is that homeownership promotes autonomy and reduces reliance on governments by building property assets, although the reality defies this belief.
Tags: economy, housing, ideology, jurisdiction, participation, rights
Posted in Debates | 5 Comments »
The rise and fall of co-op housing in Ontario
Tuesday, November 5th, 2024
Toward the end of the last century, the construction of co-operative housing — and social housing more broadly — garnered substantial federal and provincial investments: thousands of co-operative units were built every year for a span of nearly three decades. But a nexus of political, economic, and social factors in the late 1990s ground the breakneck pace of construction to a crawl. Today, units in co-operative buildings are coveted by those looking for affordable-housing options in an increasingly unaffordable market.
Tags: economy, housing, ideology, jurisdiction, privatization, rights, standard of living
Posted in Child & Family Policy Context | No Comments »
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