Posts Tagged ‘economy’

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Giving parents money directly the best approach to financing childcare

Friday, September 20th, 2019

The financial hurdle for a parent considering the merits of working versus staying at home to care for young children can be extremely high… decentralizing the provision of child care by giving money directly to parents provides the advantages of competitive consumer markets: greater choices, innovation in staffing, various facility types, and more flexible hours and modes of care.

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How do you tell a Conservative from a Liberal? Ask an economist

Friday, September 20th, 2019

Where once the party stood for bold, broad tax reform, it now confines itself to a clutch of micro-targeted “boutique” tax credits, such as for children’s fitness or transit passes: spending programs by another name, of precisely the sort of busy-bodying, social-engineering bent that Conservatives used to disdain, and not very effective even at that.

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The debt, the deficit – and other things this election isn’t about

Thursday, September 19th, 2019

Canada has the lowest debt burden in the Group of Seven. The weight of federal debt is not heavy and increasing; it’s light and shrinking…. Relative to a $2.3-trillion economy, deficits of roughly $20-billion or less are small enough that the federal debt-to-GDP ratio will continue to steadily fall… Ottawa’s tax take today is smaller than at any other time in recent history…

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Economic analysis of child benefit bolsters case for national basic income

Thursday, September 19th, 2019

The Canada Child Benefit has not only lifted kids out of poverty, but it has boosted the country’s economy by $139 billion since 2016, according to a new economic analysis of the initiative… Every dollar Ottawa spends in child benefits generates almost $2 in economic activity, says the report by the Canadian Centre for Economic Analysis

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Federal Election 2019

Thursday, September 19th, 2019

It is the role of the federal government to set the national direction for health care, providing both funding and national standards to ensure quality care for all… The federal government should ensure that people across Canada can access the same quality of public health care. It’s also time to adopt a public, universal pharmacare program and a national seniors’ care strategy.

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Canada doesn’t lack in terms of university-industry collaboration

Wednesday, September 18th, 2019

The share of industry-funded R&D in Canadian universities hovered around eight percent over the past couple of decades. That may not sound like a lot, but it has been consistently higher than the equivalent figure for American universities, which has fluctuated at around five percent in the same period.

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Tax Loopholes and Credits Cost Billions. Voters Need to Understand Them

Monday, September 16th, 2019

Budget documents list hundreds of “tax expenditures” or loopholes, potential revenue that the government has chosen to forego for one reason or another. In general, these are legal ways individuals and corporations can reduce the amount of tax they pay. Many are widely used and well-supported, but a significant number give an unfair advantage to people who already have more money.

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Make no mistake: elections do make a difference

Saturday, September 14th, 2019

… four big areas: Technology and the nature of work… Achieving some kind of stability amid the storm requires innovative approaches to education, training and social programs / Sharing the benefits of prosperity… individuals, indeed entire sectors of the new economy, aren’t paying their share / … alliances… As a trading nation, that’s of vital concern to Canada. Jobs are at stake. / Climate change and energy…

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To succeed in Ontario, leaders must understand we are Red Tories at heart

Friday, September 13th, 2019

In general, Ontarians are wary of abrupt change. They tend to value competent management over ideology. They usually see balance as a virtue. This is the Tory side of Red Tory-ism. But voters in Canada’s largest province are also willing to use the state to achieve social goals… In 1969, pressure from voters ultimately forced a recalcitrant Ontario government to sign onto Canada’s national, public medicare program. That is the Red side.

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Austerity and the Economy: Spending Cuts Versus Tax Increases

Friday, September 13th, 2019

Talking about “austerity” without distinction of how austerity is implemented does not make any sense. The composition of austerity plans is crucial to understand their effects on growth and fiscal sustainability.

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