Posts Tagged ‘economy’

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It’s not an ‘affordability crisis,’ it’s a class conflict

Friday, August 30th, 2019

It’s not an affordability crisis, it’s a class conflict. It requires redistribution of wealth, not population… But they pin it on affordability, as if it’s a virus that calls for bed rest, rather than on the rich and their agenda since the 1980s, starting with with the panic over “deficits,” a word that came out of nowhere, too, so that public spending had to be slashed and taxes cut since “it’s your money and you should keep it” — as if you can build your own schools and public transit, once you’ve got a few more bucks in pocket.

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Posted in Equality Debates | No Comments »


Climate change will cost us more

Friday, August 30th, 2019

Gas stations have until tomorrow to display Ford’s misleading stickers, or else risk a $10,000 fine.  Businesses should not be bossed into this senseless campaign against pollution pricing. It’s a waste of money and of time we simply do not have.

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Posted in Governance Debates | No Comments »


Many companies are choosing to underfund pensions even though they have the cash, study finds

Thursday, August 29th, 2019

The study found that in 2017, the 90 defined pensions were collectively underfunded by roughly $12 billion. The companies responsible for those pensions, meanwhile, paid out $66 billion in dividends to shareholders — more than five times the amount it would have cost to fund the pensions… “Shareholders are supposed to take on the firm’s risk. Instead, that risk is being shouldered by workers whose retirement security is compromised by outstanding pension deficits.”

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Tax on super-rich a popular idea, except in the media

Thursday, August 29th, 2019

Given that 26 individuals now have as much wealth as the bottom half of humanity (3.8 billion people), one wonders at what point conservative commentators might consider this a problem… Let’s not forget that the super-rich typically made their fortunes by selling products built by employees we all paid to educate, and shipping those products on roads we all paid to build.

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Posted in Equality Policy Context | No Comments »


How does the Canadian government spend your tax dollars?

Thursday, August 22nd, 2019

“Elections are dangerous time for taxpayers because the politicians will promise to spend, and the danger is they don’t explain how they’re going to pay for it,” Wudrick said. Those promises that require extra revenue would often lead to debt, which means future taxes or cuts in services for Canadians. A good question for the candidates, Wudrick suggested, would be: “how are you going to pay?”

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Canada should have a federal minimum wage

Tuesday, August 13th, 2019

Last year the federal government passed legislation that… will improve job security for federally regulated workers through scheduling rights, equal pay for temporary employment agency workers and protections against contract flipping that lower wages. Now it’s time for the next step: a decent minimum wage.

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Finally, the Liberals are taking a step toward pharmacare

Monday, August 12th, 2019

The fact is, patients in countries with universal pharmacare have not seen a reduction in accessibility to new drugs. And it beggars belief that pharmaceutical companies would not conduct research to create new drugs that could earn them billions just because wee Canada introduces a pharmacare program.

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Posted in Health Debates | No Comments »


Premier Ford cries poor but subsidizes $700 million for fossil fuel consumption

Monday, August 5th, 2019

In the last year alone, Ontario provided nearly $700 million in subsidies for fossil fuel consumption… No one wants to see public dollars wasted, least of all the Government of Ontario. If it takes the opportunity to buckle down on fossil fuel subsidies and reinvest those millions wisely, not only will it set the province on a path to a more sustainable future, it will also prove itself to be Canada’s vanguard for smart, fiscal efficiency.

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Money has never been cheaper. Should Ottawa be borrowing more?

Wednesday, July 31st, 2019

Ultralow interest rates are a problem, but also an opportunity. Borrowing has never been cheaper. If the federal government were to increase borrowing, only for a short period and only to fund one-off items such as new education facilities or transit infrastructure, it could finance that at very low costs, locked in for decades.

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Ottawa to set up hospital network to become early adopters of Canadian medical technology

Monday, July 29th, 2019

… medical-technology (medtech) startups typically struggle to sell in their own backyard despite the country’s reputation for breakthroughs… Making the Canadian system more friendly to innovators would require changes to procurement practices and reimbursement schedules, and a broader culture shift by provincial health departments to see themselves as not only providers of care, but also stimulants of domestic economic activity.

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Posted in Delivery System | 1 Comment »


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