Posts Tagged ‘privatization’

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Doctors, lawyers concerned about small-business tax changes

Friday, November 27th, 2015

… to ensure “Canadian-Controlled Private Corporation (CCPC) status is not used to reduce personal income tax obligations for high-income earners.” … the Liberals could reduce or eliminate the small-business tax deduction for these businesses and could also eliminate the ability to split income through dividend-paying shares issued to spouses and adult offspring. For CCPCs that currently use these tax breaks, the changes could be significant.

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TPP would let foreign investors bypass the Canadian public interest

Wednesday, November 25th, 2015

… the treaty partners assured the public that language “underscores that countries retain the right to regulate in the public interest, including on health, safety, the financial sector and the environment.” That provision, however, is subject to compliance with all of the other investor protections in the chapter, fully negating the preservation of policy space… If an investor’s “expectations,” which may be based on general statements of government officials or promotional materials used to attract investors, are then not met, they can sue for damages.

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TPP is about many things, but free trade? Not so much

Tuesday, November 10th, 2015

Simply put, calling the TPP a free-trade agreement overplays its benefits, plays down its problematic aspects and fundamentally misunderstands what the deal is actually about… The notion that free trade is good is grounded in the theory of comparative advantage… Instead, agreements such as the TPP are about implementing policies that have nothing to do with comparative advantage, policies that are often designed to lead to higher consumer costs and concentrated corporate power.

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Campaign 2015 forced Canadians to face hard truths

Wednesday, October 14th, 2015

The racial and religious harmony on which we pride ourselves is more tenuous than many of us realized. / We are willing to settle for “economic stability” rather than growth. / We have embraced the notion that strengthening the middle class is the role of government [marginalizing those who truly need help]. / Our humanitarian instincts remain strong [concerning refugees]. / We’re becoming a do-it-yourself nation. / We haven’t figured out how to keep our priorities — health care, the environment, our children’s future — on the election agenda.

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Canada’s international trade

Monday, September 28th, 2015

1. The Harper government gave Chinese investors “market access” to Canada — a right to buy what they want in our economy — without getting the same for Canadian investors in China… 2… the terms let China keep all its existing laws, policies, or practices that discriminate against Canadian investors. 3… foreign companies… can seek uncapped amounts of public compensation from governments directly before international tribunals.

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Tory budget surplus came at cost to public safety ‘

Monday, September 28th, 2015

The Harper government has aggressively deregulated, devolving ever-more freedom to companies to make their own judgments of risk versus profits. The new company-led Safety Management System was supposed to complement traditional regulatory oversight, but without adequate regulatory resources, the companies were effectively regulating themselves… Is it worth government compromising its responsibility to protect the public for the sake of a trivial and – most economists agree – meaningless budgetary surplus?

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Don’t call it a scandal: Volkswagen corruption is a syndrome

Thursday, September 24th, 2015

Predatory capitalism has been triumphing since 1989, throwing much of the world out of balance, on the side of private sectors. They are dominating government and much of society… Remember the 1989 concept of “the end of history,” the widely accepted claim that human society had reached perfection, thanks to our relentless greed? Well, watch out: Unless we get our act together, here it comes.

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The fraying of Canada’s social fabric

Tuesday, September 22nd, 2015

… if you live in a country where people are left to look after themselves, this embeds the idea that you have no responsibility toward the poor and weak…. “When you change the way society works, our values shift in response… Privatization, marketization, austerity for the poor, inequality: they all shift baselines, alter the social cues we receive and generate insecurity and a sense of threat.”

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Government underspending has left Canada with an infrastructure deficit

Tuesday, September 22nd, 2015

We don’t need more politically driven tax cuts from any political party. Anyone can cut taxes – always popular with voters – but it takes strong leadership and the ability to sell a vision to invest in crucial but less-popular initiatives such as infrastructure and defence. A major national infrastructure program that heavily involves public-private partnerships and privatizations will go a long way toward creating employment and getting Canada moving.

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Two new reports highlight Ontario’s rising tuition fees

Thursday, September 17th, 2015

According to Statistics Canada, average undergraduate tuition fees in Ontario are now $7,868, the highest in Canada. The Canadian average without Ontario is $5,178. In addition, fees in Ontario went up 4.0 per cent between 2014-15 and 2015-16, compared to a 3.2 per cent increase nationally… As OCUFA reported this past February, tuition fees surpassed public funding as a source of university revenue in Ontario for the first time this year.

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