Posts Tagged ‘economy’

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We’re losing workers, not jobs

Saturday, September 17th, 2022

It turns out that inflationary pressures are caused by pent-up retirements as well as pent-up spending. And those inflation-causing labour shortages are set to worsen before they improve… The worker shortages hold back economic growth and keep Canada’s productivity growth rates at notoriously low levels.  Solutions include fast-tracking immigrants into jobs; experimenting with four-day work weeks and other hybrids; luring retirees back into the workforce; and closing the gender pay gap. 

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How to reduce the depth of single adult poverty in Canada: Proposal for a Canada Working-Age Supplement

Wednesday, September 14th, 2022

The CWAS would not only complement Canada’s existing social safety net, it would be transformative in advancing the idea that working-age single adults should be eligible for income support not because they’ve earned it as workers, but because they need it as people. The CWAS needs to be introduced and implemented without delay.

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Justin Trudeau’s $3.1B inflation-relief plan includes increase in GST rebate

Tuesday, September 13th, 2022

… the first pieces of legislation… will be to double the GST tax credit, provide dental care payments and increase housing benefits for millions of Canadians… the tax credit increase will last for six months… dental care payments are framed as a first step to achieving a national program… for people without existing insurance… The third measure [will] provide 1.8 million people with a $500 increase their federal housing supports. 

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Show me the money: It’s not a worker shortage, it’s a wage shortage

Monday, September 5th, 2022

One of the key worker reasons for not taking jobs is that the jobs are lousy. One of the key ways that a job is lousy is that the pay is too low. Given the disruption in work experienced earlier in the pandemic, followed by sky-high inflation, expecting 10 people to apply for a $15 an hour job isn’t realistic… Job seekers are waiting for employers to show them the money—and to offer good working conditions too.

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Ontario’s health-care system isn’t candy store to be plundered

Thursday, August 25th, 2022

With our health-care system reeling, Ford is charging ahead with further privatization — Ontario health care is already 40 per cent private — and selling this as a way to save the system through “innovation.” … The system’s problems have been thoroughly studied by countless commissions and the solutions do not involve privatization… Ontario has lots of unused hospital operating rooms, idled after years of cutbacks.

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A Guaranteed Basic Income for Canadians: Off The Table or Within Reach?

Tuesday, August 9th, 2022

Pilot projects… indicate that provinces are not in an ideal position to successfully implement an affordable and effective GBI. However, a GBI implemented by the federal government, financed by eliminating the GST credit and lowering personal tax exemptions, could be both effective and affordable. It could also do so without requiring the elimination of those provincial social assistance programs that are more deeply targeted toward people’s needs.

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Why a universal job guarantee beats the basic income pipe dream

Monday, August 1st, 2022

Job guarantee programs are crucial for a number of reasons. They keep people in the labour force, alleviate poverty, improve health and well-being, add meaning to people’s lives and help the most vulnerable… Like the Canada Emergency Response Benefit, universal basic income might take away the incentive to work for some, resulting in a labour market bereft of workers… a universal job guarantee would be more appealing to voters because it addresses labour shortages while guaranteeing minimum wage.

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What are the key trends in Social Assistance Summaries, 2021?

Monday, July 25th, 2022

The analysis in this policy brief provides a first set of pathways for governments to improve the human right to an adequate standard of living of some of the most vulnerable people in Canada… federal, provincial, and territorial governments have long neglected [unattached singles], often preferring to focus on families with children and seniors. Because of this, welfare incomes of unattached singles have become highly inadequate, falling well below the deep poverty income threshold in almost every province.

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The Rogers outage, and other scenes from the death of neo-liberalism

Friday, July 15th, 2022

The premiers met in B.C. this week and wailed hysterically about needing more money to fix health care. I wouldn’t give them another cent till they pass a written test on what went wrong. They adopted the just-in-time principle from manufacturing (which led to bottlenecks and inflation now rampant) for health. They cut staff to a minimum. Why? Because it fit with the neo-liberal agenda to slash taxes and pay for it with decreased spending on public programs… Then when COVID hit, the system began to crumble.

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A self-inflicted recession and a pointless sacrifice to a mystical two per cent god

Sunday, July 3rd, 2022

With unemployment low, we now face a devil’s choice between continued inflation and deliberate recession. We need other strategies for motivating growth when needed, and slowing it when it’s not. Other tools could be invoked right now to control inflation, such as strategic price controls, targeted taxes on corporations and high-income earners, and low-cost or free public services. But the dominant orthodoxy demands monetary austerity, and nothing else.

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