Posts Tagged ‘economy’
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Internal trade barriers make Canada less attractive for foreign investment
Thursday, October 3rd, 2019
Internal trade barriers cost the Canadian economy between $50-billion and $130-billion… They prevent Canadian businesses from gaining economies of scale through access to a whole-of-Canada market, which are critical to developing global competitiveness. This, in turn, means fewer international export opportunities… These trade barriers between provinces and regions also impede greater pan-Canadian social and political cohesion.
Tags: economy, globalization, jurisdiction, standard of living
Posted in Policy Context | No Comments »
Your health is important…
Thursday, October 3rd, 2019
Both fact-finding exercises came to the same conclusion: Canada should establish a universal, publicly funded pharmacare program that does for prescription drugs what medicare did for medically necessary services offered in hospitals and doctors’ offices… Mr. Trudeau unveiled a health platform that promised only a “down payment” on national pharmacare − and a relatively small down payment at that, considering the numbers thrown around in a national advisory council’s report. So what, exactly, are the parties promising on pharmacare?
Tags: budget, disabilities, economy, featured, Health, ideology, jurisdiction, mental Health, participation, pharmaceutical, standard of living
Posted in Health Debates | No Comments »
Three Parties, Three Roadmaps to Universal Pharmacare in Canada
Monday, September 30th, 2019
Hoskins said it’s very positive that three of the four leading parties have committed to universal pharmacare… The issue is complicated and will require many steps… “Provinces and territories need to have confidence that this is going to work for them,” That means knowing the funding will be reliable going forward rather than part of the Canada Health Transfer that the federal government can reduce unilaterally.
Tags: economy, Health, ideology, jurisdiction, mental Health, participation, pharmaceutical, standard of living
Posted in Health Debates | No Comments »
Don’t Fret over Deficits and Debt
Thursday, September 26th, 2019
In 2017-18, federal program spending was 14.5% of GDP—an increase of 1.6 percentage points from 2015, but still shy of postwar levels — and slated to fall to 13.8% by 2023-24. On the other side of the ledger, federal revenues are also near all-time lows relative to GDP. Revenues as a share of GDP, at 14.5%, are two percentage points lower than the 50-year average of 16.4%, representing an annual loss of more than $40 billion.
Tags: economy, featured, ideology, jurisdiction, standard of living, tax
Posted in Governance Policy Context | No Comments »
Are You Inadvertently Amplifying Anti- Immigrant Racism?
Thursday, September 26th, 2019
Incorrectly focusing on the wages of migrant workers — instead of ensuring permanent status and full rights — distracts from the real authors of exploitation and increases racism… Canada’s permanent resident intake as a percentage of the population has been stable for the last decade. Today, most migrants are on temporary permits, the largest grouping being “international students,” who spent an estimated $12.8 billion in Canada in 2015, and $15.5 billion in 2016.
Tags: economy, globalization, ideology, immigration, multiculturalism, participation, standard of living
Posted in Inclusion Debates | No Comments »
Election 2019: The home stretch for universal, public pharmacare
Thursday, September 26th, 2019
We shouldn’t just “fill in the gaps” by providing coverage for those who don’t currently have any, since that would simply add yet another layer to our inequitable system. It wouldn’t allow us to benefit from the reduced costs achieved through bulk purchasing and it wouldn’t limit the rising out-of-pocket expenses of those who currently have coverage. It would leave the majority of Canadians vulnerable to losing their coverage if their employment situation changes.
Tags: budget, economy, featured, Health, ideology, mental Health, participation, pharmaceutical, standard of living
Posted in Health Policy Context | No Comments »
The major federal parties are promising a stampede of tax giveaways, with no policy plan
Wednesday, September 25th, 2019
… Canada is operating with an antiquated tax system that was devised in the 1960s and implemented (decidedly imperfectly) in the early 1970s. It was built for a Canadian economy that isn’t even recognizable any more, in a global economic landscape that is utterly transformed… It needs a massive rebuild… rethought from the bottom up, if it is to be a catalyst for Canadian competitiveness this century rather than an impediment.
Tags: budget, economy, tax
Posted in Governance Debates | No Comments »
Canada’s top 1 per cent saw fastest income acceleration, overall decrease in taxes
Wednesday, September 25th, 2019
The incomes of Canada’s top one per cent grew at a faster pace than everyone else in 2017 — and, overall, they saw their taxes edge down, says a new study… In 2016, the Liberal government increased the tax rate on income in the highest bracket. But the Statistics Canada report says that, even with the boost, taxes declined for those with the highest incomes because of reductions at the provincial level…
Tags: economy, featured, jurisdiction, standard of living, tax
Posted in Equality Policy Context | No Comments »
Should there be a wealth tax on the very rich?
Wednesday, September 25th, 2019
One per cent of net worth is a very modest level of taxation. With a wealth tax at that level, the fewer than 10,000 Canadian families who would pay it wouldn’t be forced to change their lifestyles in any way. But Canada wide, the money raised could do a lot of good… [but] Wealth taxes… can trigger problematic responses… are an administrative nightmare. And they just plain don’t bring in as much revenue as their proponents hope.
Tags: budget, economy, ideology, standard of living, tax
Posted in Debates | No Comments »
Canada needs more workers, and political supports for children and seniors can help
Sunday, September 22nd, 2019
In 2018, for every 100 people between 15 and 64 years old, there were 50 people younger or older than them, dependent on those working people for their work and their tax revenues to pay for social programs. By 2068, that ratio will rise to anywhere between 63 and 73… in order to maintain the income supports that we already have… The more people in the workforce, the easier that becomes.
Tags: child care, economy, immigration, participation, pensions, standard of living
Posted in Social Security Debates | No Comments »
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