Posts Tagged ‘economy’

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Canadian CEO pay breaks all records, reflecting a new Gilded Age for Canada’s rich: report

Wednesday, January 17th, 2024

In 2022, the average worker in Canada got an average pay raise of $1,800, or three per cent. But, prices went up by 6.8 per cent in 2022… This report proposes that governments address the rampant income inequality between the rich and the rest of us through four taxation measures that both disincentivize extreme CEO compensation and redistribute CEOs’ extreme income to Canadians on the lower end of the income spectrum.

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Posted in Equality Debates | No Comments »


No end to the ER crisis without investments and addressing workers’ concerns

Wednesday, January 17th, 2024

We recently estimated that dealing with those pressures and bringing back the quality of care in our hospitals to an acceptable standard would require a $1.25 billion annual investment after offsetting costs of inflation. But so far, the Ford government is letting the hospitals deteriorate while it sits on $5.4 billion in contingency funding. If this government is serious about addressing the hospital crisis, it must commit to historic investments immediately.

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Posted in Health Delivery System | No Comments »


Canadians want their governments to tackle poverty, but nobody can agree on what to do

Wednesday, January 10th, 2024

Indigenous peoples, persons with disabilities, lone-parent households, recent immigrants and single adults aged 45 to 64 have a poverty rate that is double or triple that of the rest of the population. More than two-thirds of working-age individuals living in poverty belong to at least one of these groups… Better universal access to affordable quality physical and mental-health care, early childhood care, and social housing are some of the win-win policy actions that encourage both growth and poverty reduction.

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Surrendering to the provinces doesn’t bring peace to the federation. It only emboldens them

Wednesday, January 10th, 2024

The thesis… that peace with the provinces is the highest aim of federal policy, and that the way to achieve it is to give them everything they want – or at least to never give them any offence – is a recipe for national paralysis. There are issues on which federal leadership is essential… how we got here [is] not because the federal government has been too hard on the provinces, but because it has been altogether too indulgent of them.

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Posted in Governance Debates | No Comments »


Canadian schools are accepting international students by the thousands — but nearly half aren’t being allowed into the country

Tuesday, January 2nd, 2024

The Canadian Immigration Lawyers Association has made a submission to the federal government on the international student program and recommends overseas education agents be regulated by provinces and designated learning institutions be accountable for their agents’ activities and conduct. It urges Canada to mandate the institutions to employ overseas agents directly and release their names, citizenship and location of work.

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Posted in Education Policy Context | No Comments »


Don’t Blame Carbon Pricing for Affordability Challenges

Monday, January 1st, 2024

With the latest data, we find that the gradually increasing indirect taxes, including carbon taxes, have caused overall consumer prices to be only 0.6 per cent higher in October 2023 than they were in January 2015… The effect of carbon pricing on rising food prices is even smaller, accounting for the indirect effects of carbon taxes… Carbon pricing is definitively not to blame for affordability challenges.

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The Government of Canada announces the creation of the Canadian Drug Agency

Wednesday, December 20th, 2023

The CDA will build on CADTH’s existing mandate… to include new work streams including: Improving the appropriate prescribing and use of medications… Increasing pan-Canadian data collection and expanding access to drug and treatment data… and, Reducing drug system duplication and lack of coordination that causes expensive inefficiencies and pressures… Once the CDA is operational, it will take on a greater role in the drug system to ensure Canadians can have better health outcomes and access the medications…

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Financed by Canada, medical breakthrough helps Big Pharma, not global poor

Thursday, December 14th, 2023

Canadian taxpayers played a key role in funding the technology that made mRNA vaccines possible. Yet Canadian authorities took no steps to ensure that the resulting vaccines would be made accessible to people who needed them rather than simply becoming enormous profit-generators for Big Pharma… Today’s system, which prioritizes private profits and intellectual property rights, is in sharp contrast with the system in place for six decades when Canada had publicly-owned Connaught Labs.

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Canada has new requirements for international students hoping to come study.

Saturday, December 9th, 2023

… prospective international students will need to show they have access to $20,635 instead of the $10,000 requirement that has been in place for two decades, in addition to paying for travel and tuition. The amount will be adjusted annually based on a Statistics Canada benchmark for living costs… applicants who have already submitted an application for a study permit as of December 7, 2023, will be able to work off campus more than 20 hours per week until [April 30, 2024].”

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Posted in Education Policy Context | No Comments »


Time to hit the rich with a wealth tax

Thursday, November 30th, 2023

… in their budget last March, the Liberals proclaimed they were “ensuring the wealthiest Canadians pay their fair share,” as they brought in income tax changes that will raise another $525 million a year from high-income earners. But these changes will have little impact on the wealthiest Canadians, who are largely able to avoid income taxes. To tax the truly wealthy – and only them — a wealth tax is far more effective… A wealth tax would apply exclusively to those with net assets of more than $10 million…

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