Posts Tagged ‘featured’

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OSAP offers have arrived, and students are stunned at the numbers

Tuesday, June 25th, 2019

Lowering tuition would help all students across the province, the government has argued. But some students say reductions to grants mean they’re actually further behind. The issue has generated a Twitter storm as students posted comparisons of what they will be getting this year compared with last… Ross Romano, the new minister of training, colleges and universities, said the government is committed to restoring financial sustainability to OSAP…

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Why universal pharmacare will help get Canada’s drug costs under control — and why Big Pharma hates it

Saturday, June 22nd, 2019

It might be more accurate to say we can’t afford to go without it… The Hoskins report estimates an annual savings of about $5 billion in total drug spending once universal pharmacare is fully implemented… And it would strengthen employers’ ability to hire and properly compensate employees. Employer contributions to drug plans generally reduce worker pay.

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Canadian corporations may have avoided $25-billion or more in taxes in 2018: PBO

Friday, June 21st, 2019

Canadian companies transferred more than $1.6-trillion in 2018 to low-tax countries known as offshore financial centres and conduits to these nations, according to a new report by the Parliamentary Budget Officer… if just 10 per cent of that amount was transferred to avoid taxes, that would mean Ottawa lost out on $25-billion in federal revenue. Billions more would have been lost in provincial corporate taxes.

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Canadian companies failed to pay billions of taxes owed, new CRA report reveals

Tuesday, June 18th, 2019

Canadian corporations failed to pay between $9.4 billion and $11.4 billion in taxes in 2014, according to the first comprehensive analysis of the country’s corporate “tax gap” — the difference between taxes legally owed and those collected — being released today by the Canada Revenue Agency. That means 24 to 29 per cent of all the corporate income tax legally due in Canada didn’t get paid that year.

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Every child left behind: How education cuts fuel inequality

Friday, June 14th, 2019

… good fiscal sense includes eliminating inequalities that cost economies and challenge political stability. Stiglitz cites the OECD, which estimates that “in countries like the U.S., the U.K. and Italy, overall economic growth would have been six to nine percentage points higher in the past two decades had income inequality not risen.” And in a 2018 Gallup study, countries with greater income inequality, the Economist found, also report higher incidences of assault, theft and concerns about personal safety.

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Putting values into practice on pharmacare will come at a cost

Friday, June 14th, 2019

The catch is that there would be a massive shift of drug costs from private plans to public plans, an “incremental public cost” of $15.3-billion… Practically, it also means the feds would have to raise taxes by at least $15-billion a year. That, not poor values, is the single biggest impediment to national pharmacare. The other related hurdle is that a national plan would require an unprecedented level of federal-provincial-territorial co-operation.

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Austerity and the Decline Of The Collective

Monday, June 10th, 2019

1. Austerity is toxic. 2. It is built on a lie, and on a withered idea of freedom and a hollowed out notion of citizenship. 3. Austerity is self-perpetuating, trapping us, stunting our political imagination. 4. We nevertheless do have alternatives… big change is urgent, and bold is exactly what’s needed if we are to meet our challenges and break out of the austerity trap. 5. A new generation of leaders is giving us reason for hope, though clearly there’s no reason for complacency.

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Universal Pharmacare Within Reach: C.D. Howe Institute

Friday, June 7th, 2019

In “Filling the Gaps: A Prescription for Universal Pharmacare,” Policy Analyst Rosalie Wyonch finds there are ways to close the gaps in prescription drug coverage and protect households from excessive costs when in acute need through the expansion of public insurance… The report investigates current prescription drug insurance in Canadian provinces, evaluates options for achieving universal coverage and estimates their cost.

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The MMIWG report was searing and important, marred only by its inaccurate genocide charge

Wednesday, June 5th, 2019

… the commissioners’ otherwise excellent report was marred by the gratuitous charge that Canada has committed, and continues to commit, genocide against its Indigenous populations. Not cultural genocide, a concept that is broadly accepted today with reference to the attempted obliteration of aboriginal culture in the Indian Residential Schools, but all-out genocide – without qualification… the National Inquiry… conflated the recent murders of women and girls with the entirety of the Indigenous experience in Canada

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Ottawa should act on report on murdered and missing women, with all its flaws

Tuesday, June 4th, 2019

Ensuring such basic things as safe housing, clean drinking water and affordable food for Indigenous people should be beyond debate; it’s shameful that we’re still falling so short. There are already stacks of recommendations in these areas, and the government would be well-advised to focus first and foremost on issues more closely connected with the issue at hand: the violence visited on Indigenous women and girls far out of proportion to their share in the population.

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