Posts Tagged ‘economy’

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A new social contract requires new programs and higher taxation

Tuesday, July 21st, 2020

We devote a relatively low share of GDP to social expenditure: Canada spends 17.3 per cent, whereas the 10-country comparator group spent on average 25.5 per cent… Canada has a low-social-expenditure/low-tax social contract. So, there is lots of room to raise taxes to get better services… Let us ensure that this truth is part of the conversation as we write a new social contract.

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Posted in Governance Policy Context | No Comments »


CERB is dead, but a new EI will live, as the pandemic leads to more lasting policy changes

Wednesday, July 15th, 2020

the Liberals are looking to morph the CERB into a new EI… But melding CERB into EI won’t be simple… in a normal year, employment insurance pays benefits to less than 40 per cent of the unemployed. Some don’t work enough hours to qualify, but a lot more are ineligible because they never paid in, probably because they were self-employed or considered contractors. CERB covers far more people.

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Tax us. Tax us. Tax us. Millionaires beg to be taxed more to help COVID relief

Monday, July 13th, 2020

Calling themselves the Millionaires for Humanity, more than 80 wealthy individuals… are petitioning for higher taxes on the rich to help pay for the billions in new government programs made necessary by the COVID-19 pandemic. “Today, we, the undersigned millionaires and billionaires, ask our governments to raise taxes on people like us. Immediately. Substantially. Permanently.” … Charity isn’t the answer.

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Parents, trapped: Lack of child care could undermine economic recovery and hurt women, but the solution is expensive

Sunday, July 12th, 2020

In normal times, daycare is much like a throttle for the engine of the economy. Increase the supply of spaces, and more women are able to work. Productivity rises, household incomes grow and consumer spending ticks up.
But the coronavirus threatens to throw that dynamic into reverse. A mass exodus of women from the work force would be unprecedented in recent decades… an enormous chunk of economic activity is at risk

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Organizations call for wealth tax to bolster Canada’s recovery

Saturday, July 11th, 2020

Canadians for Tax Fairness estimates an annual net wealth tax at modest rates of 1% and 2% on fortunes of over $10 million could raise over  $10 billion annually.  That amount of money could fund 100,000 nurses or more than four-million affordable childcare spaces. A more ambitious wealth tax –complemented by other tax fairness measures such as closing unfair loopholes and cracking down on tax havens– could do even more.

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Posted in Equality Debates | No Comments »


Lasting programs needed to cure our social wounds

Thursday, July 9th, 2020

COVID-19 is laying bare the consequences of four decades of neoliberal social policy choices… The poverty, homelessness and precarious work we tolerate and try to bury under inadequate social supports. The entrenched historical structural inequities like racism and sexism we sweep under the carpet but are the driving determinants of who is most negatively impacted by COVID-19 and most other illnesses.

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Posted in Health Policy Context, Social Security Policy Context | No Comments »


School pandemic plans don’t work for working parents, province told

Thursday, July 9th, 2020

Other jurisdictions are thinking outside the box so students aren’t simply divvied into groups and told to attend classes half-days or every other day — and Ontario should be too… The “hybrid” model of in-class and online learning “leaves working parents with young children, single-parent households and low-income families in the precarious position of having to choose between educating their children and their own employment,”

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Posted in Education Debates | No Comments »


Now is the time to bring a basic income program to Canada, says B.C. senator. But the pilot project could cost $100 billion

Thursday, July 9th, 2020

Woo’s proposal would put the basic income project in place for six months from October of this year until March 2021. A basic income could replace income support programs like welfare with money everyone would receive, but the support would gradually be reduced as a person’s income rose. Woo said the COVID-19 pandemic is the ideal time to do a broad test of the idea.

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Posted in Social Security Debates | No Comments »


COVID-19 could change the way we feed Canadians

Monday, July 6th, 2020

In responding to the challenges brought on by COVID-19, government, food producers, and the charities that support Canadians with food came together with unprecedented urgency ­–­ and now is not the time to lose the progress we’ve made… The most effective interventions during this crisis have been the boldest ones – the system-wide changes that strike at the heart of the problem, instead of efforts that tinker around the margins.

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Posted in Inclusion Delivery System | No Comments »


There will be no ‘V-shaped recovery.’ But here’s how we can ensure the post-pandemic economy works for everyone

Sunday, July 5th, 2020

… well-directed public spending, particularly investments in the green transition, can be timely, labour-intensive (helping to resolve the problem of soaring unemployment) and highly stimulative – delivering far more bang for the buck than, say, tax cuts. There is no economic reason why countries… can’t adopt large, sustained recovery programs that will affirm – or move them closer to – the societies they claim to be.

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