Posts Tagged ‘privatization’
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Tax havens serve ‘no useful purpose,’ say more than 350 leading economists
To lift the veil of secrecy surrounding tax havens we need new global agreements on issues such as public country by country reporting… it was Adam Smith who said that the rich “should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.” There is no economic justification for allowing the continuation of tax havens which turn that statement on its head.
Tags: economy, featured, globalization, ideology, privatization, tax
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Eric Hoskins’ quiet campaign for pharmacare
The reasons Canada is nowhere close to implementing such a plan are simple: stiff opposition from private insurance companies and skittish politicians who don’t want anything to do with raising any taxes – even for a sensible and fiscally solid cause – for fear of voter backlash… To help Hoskins succeed, the public needs to become involved and tell politicians they care deeply about this issue. It will be impossible to get traction on pharmacare unless there’s a sustained public call for action.
Tags: budget, Health, ideology, jurisdiction, mental Health, pharmaceutical, privatization, standard of living, tax
Posted in Health Policy Context | No Comments »
How Ontario smothers businesses with bureaucratic love
… the province had no idea how much it was spending, where or on what… too much in tax credits rather than cash and too much for big, established firms… The practical effect of spending billions of dollars encouraging innovation is to employ several thousand officials to patrol the economy… Maybe if government increased the return to successful innovation… by limiting its confiscation of the fruits of that innovation to a fifth or a tenth rather than a half…
Tags: economy, ideology, privatization, standard of living, tax
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Buried report reveals corporate giants gained the most from billions spent to support business in Ontario
Of the nearly $5 billion a year Ontario spends on various direct and indirect business subsidies and tax credits, 200 of the province’s oldest and largest companies are the biggest beneficiaries… According to the “Report of the Expert Panel Examining Ontario’s Business Support Program, … Ontario’s business support programs favour the largest and oldest companies, the companies least likely to be in need of support.”
Tags: budget, economy, globalization, ideology, jurisdiction, privatization, standard of living, tax
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Crack down on global tax havens
Apart from cracking down on outright cheats, the major economies need to rethink tax treaties that allow jurisdictions… to flourish as tax havens. There needs to be a lot more transparency and accountability about the tens of trillions of dollars that are being routed through these havens, or parked there, to avoid paying taxes. There’s some concern, too, that Canada is adding to the global problem by making it too easy to create shell companies here.
Tags: economy, featured, globalization, ideology, jurisdiction, privatization, standard of living, tax
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There’s a simple way to stop politicians selling access for cash
Download a copy of the excellent rules governing donations at the federal level – whose cornerstone principle is that only citizens should be allowed to donate to political parties… Pass it into law in your province… And for even stronger medicine, copy Quebec’s fundraising rules. They’re the country’s strictest. Corporate and union money is forbidden, and the individual donation limit is just $100 per year.
Tags: featured, ideology, jurisdiction, participation, privatization, rights, standard of living
Posted in Governance Policy Context | No Comments »
Wynne promises new fundraising rules after Toronto Star probe
“The government will bring forward a plan in the fall and that will include new rules on third-party advertising . . . it will also include transitioning away from corporate and union donations, (and) lowering the annual donation limit,” she said, referring to the existing $9,975 contribution cap that is routinely exceeded due to loopholes. Corporations, unions and individuals can donate much more than their yearly limit by giving additional cash during byelections and by bankrolling candidates during party leadership campaigns.
Tags: ideology, jurisdiction, privatization, rights, tax
Posted in Governance Policy Context | No Comments »
Free trade deals have failed Canada
… with free trade deals, employers have gained tremendous leverage over labour with the simple threat of “accept our offer of a low wage or we ship your job overseas.” … I sure don’t see free trade bringing us tonnes more good paying jobs… If the argument that technology has replaced many of the jobs, why did factories move to cheaper labour markets… It’s really ownership vs labour… China did not dictate that American companies move to China
Tags: economy, featured, globalization, ideology, participation, privatization, rights, standard of living
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Escalating fundraising demands part of ‘the system’ at Queen’s Park
Corporate and union contributions that Wynne persists in publicly defending create a demonstrable conflict of interest for cabinet ministers, which is why they were banned for federal parties in 2006, and are no longer legal in four other provinces… top cabinet ministers at Queen’s Park are given financial targets… never written down, conveyed instead by the Ontario Liberal Fund through confidential meetings and phone calls.
Tags: ideology, jurisdiction, participation, privatization, standard of living, tax
Posted in Governance Debates | No Comments »
Why trade is taking a beating in the U.S. presidential race
The government should use its promised cross-country TPP consultations to explain how Canadians benefit from trade. One in five jobs depends on trade and trade is equivalent to sixty per cent of Canada’s GDP. Training and adjustment for those whose jobs are affected must be part of the equation. Increasingly, trade deals are less about tariffs than regulations. These regulations should expedite trade while raising environmental and labour standards.
Tags: economy, globalization, ideology, privatization, rights, standard of living
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