Posts Tagged ‘economy’
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This group of [Indigenous] investors is making major acquisitions in Canada. The results could benefit us all
Saturday, August 10th, 2024
… at least 111 Indigenous communities have obtained or announced equity stakes in Canadian businesses in the past two years alone… Wind power, oil and gas, solar generation and electricity transmission account for about three-quarters of the First Nations, Métis and Inuit investments… Indigenous ownership in projects mitigates land-claims conflict, reduces regulatory risks for all investors, and creates other spinoff benefits.
Tags: economy, Indigenous, jurisdiction, participation, standard of living
Posted in Debates | No Comments »
Out of work? You may be out of luck. Why getting EI is harder than it’s ever been
Saturday, August 10th, 2024
The program is running a honking great cumulative deficit because of the pandemic and improving access would mean hiking premiums or adding federal funding. Both options are no-fly zones for politicians these days… They have doubled EI sickness benefits, from 15 to 26 weeks; introduced extensions in EI caregiving and parental benefits; and added EI funding for training. But changes to regular jobless benefits have been temporary and targeted, despite repeated promises for deeper reforms. They’ve neither addressed workers’ needs in the 21st century, nor EI’s core purpose.
Tags: economy, participation, standard of living
Posted in Policy Context | No Comments »
Who wants you to believe taxes have risen 2000 per cent? Would-be Prime Minister Pierre Poilievre for a start
Thursday, August 8th, 2024
For decades the Fraser Institute has been using its ample resources to disconnect taxes in the public’s mind from all the benefits, services, programs and infrastructure that taxes provide… the effective tax rate Canadians pay has increased by 28 per cent since 1961… But… government today provides a lot more benefits than it did in 1961 — most notably, universal health coverage and old age pensions — major programs that have become essential to the well-being and financial security of Canadians.
Tags: economy, Health, ideology, pensions, standard of living, tax
Posted in Governance Debates | No Comments »
The Danger of Poilievre’s ‘Axe the Tax’ Scam Hits Home
Monday, August 5th, 2024
Opposition to climate action stems mostly from Canada’s largely foreign-owned fossil fuel industry, American dark-money-funded think tanks and Canada’s major newspaper chain, owned by American hedge funds… Emissions are being reduced, and with the Canada Carbon Rebate the vast majority of Canadians are financially better off under pollution pricing… Canada cannot slogan its way out of the climate crisis
Tags: economy, globalization, ideology, standard of living, tax
Posted in Governance Debates | No Comments »
Nearly half of dementia cases can be prevented or delayed, a major new study suggests. Here’s how
Friday, August 2nd, 2024
We need policymakers to take a “population health approach” to preventing dementia… That includes ensuring equitable access to community services, such as group exercise programs, and medical devices… hearing aids, for example… Livingston’s team outlined 13 population-level recommendations for policymakers, addressing each of dementia’s 14 modifiable risk factors.
Tags: disabilities, economy, Health, mental Health, Seniors, standard of living
Posted in Health Policy Context | No Comments »
Ford’s zealous desire to privatize alcohol sales will be costly for Ontario taxpayers
Friday, July 12th, 2024
The Liquor Control Board of Ontario (LCBO)… annual profit — $2.5 billion in 2023 — goes into the public treasury, where it pays for things like health care and education… it’s doubtful that Ontarians would want to pay higher taxes so that more profits from alcohol sales could go to highly-profitable grocery store chains… Once all the LCBO’s lost revenue is factored in, the full cost to the public treasury of this privatization will likely be… close to a billion dollars.
Tags: budget, economy, ideology, privatization, tax
Posted in Delivery System | No Comments »
International Monetary Fund paints a rosy picture of Canada — maybe the country isn’t broken after all
Monday, June 17th, 2024
The IMF says Ottawa should seek additional revenue sources to reduce its reliance on deficit financing. It suggests raising the federal portion of the GST, as this space earlier advocated in also calling for a higher OAS eligibility age of 67… removing interprovincial trade barriers would boost the Canadian economy by about $80 billion a year… The IMF urges Canada to resume provision of social housing, a field Ottawa abandoned in the 1990s with disastrous consequences.
Tags: economy, housing, ideology, standard of living
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The rich say boosting the capital gains tax will hurt productivity, but it’s just not true. Time to do a little myth-busting
Monday, June 17th, 2024
Most academic economists support a higher inclusion rate, partly because it levels the playing field between different types of capital income. But the best motivation is $20 billion in revenue it will raise over five years, to support modest new programs announced in this budget. This will help fund school lunches, affordable housing initiatives, dental care and disability benefits — while still respecting Freeland’s fiscal “guardrails.”
Tags: budget, economy, featured, ideology, standard of living, tax
Posted in Equality Policy Context | No Comments »
Years of corporate handouts achieved nothing. It’s time for something different
Thursday, June 13th, 2024
… corporate subsidies – either through tax incentives or direct funding and loans – now equal about $50-billion per year. That is slightly over one-half of the total amount of corporate taxes collected by the federal government and almost as much as they spend on health care. only 20 per cent of these business subsidies aimed at increasing productivity actually boost real income for Canadians. The other 80 per cent are not only ineffective but have to be paid for by either more taxes or by decreasing spending on other priorities.
Tags: budget, economy, ideology
Posted in Policy Context | No Comments »
Convenient access to alcohol is going to cost us
Wednesday, June 12th, 2024
… while alcohol sales in 2020 put $3.2 billion into Ontario’s coffers, they came at a cost of $7.1 billion. That left the province with an alcohol deficit of $3.9 billion. Health care accounted for $2.3 billion. The rest went to servicing alcohol-related criminal-justice and lost production costs. These figures reflect a deficit capped by the limited number of LCBO and Beer Stores, a limit that will soon cease to exist.
Tags: economy, featured, Health, ideology
Posted in Health Debates | No Comments »
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