Posts Tagged ‘privatization’

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Canadian health care better than Obamacare

Sunday, January 12th, 2014

In Canada, everyone is covered automatically at birth — everybody in, nobody out / … health-care coverage stays with you for your entire life / … you can freely choose your doctors and hospitals and keep them / … the health-care system is funded by income, sales and corporate taxes that, combined, are much lower than what Americans pay in premiums / … there are no complex hospital or doctor bills / … simplicity leads to major savings in administrative costs and overhead.

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Posted in Health Policy Context | 11 Comments »


Free trade’s tarnished silver anniversary

Tuesday, December 31st, 2013

The FTA/NAFTA was a big business-driven initiative whose primary purpose was investment deregulation… Contrary to assurances given Canadians prior to the FTA/NAFTA, big business lobbied hard to reduce program spending and taxes. Unemployment insurance, health and education transfers, social assistance and housing programs, etc. were “harmonized downward” toward U.S. levels. Governments cut taxes… it helped weaken the bonds of nationhood embodied in the Canadian social state.

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Posted in History | No Comments »


Ontario’s private-sector gamble is another sucker’s bet

Tuesday, December 24th, 2013

After being burned with ORNGE, eHealth and the gas plant scandal, you might think the Ontario government would shy away from further risky and wasteful private sector misadventures. But instead the government is doubling down. Its fall economic update proposed a major expansion of the latest fad from the world of finance: Alternative Financing and Procurement (AFP), also known as Public-Private Partnerships (P3s).

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Posted in Governance Delivery System | No Comments »


U.S. firms staunchly resist disclosure of CEO pay ratios

Monday, December 23rd, 2013

This relatively minor rule… has inspired a major pushback from big corporations. They say the number is difficult to compile, costly to calculate and meaningless for investors – and as a result, they’re seeking to dilute or postpone the requirement… The regulation’s supporters, including pension funds and other socially-minded investors, disagree. They argue disclosing the ratio can help rein in excessive executive pay and put a spotlight on the compensation framework within a single company.

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Posted in Debates | No Comments »


Who needs CPP?

Wednesday, December 18th, 2013

First, there’s Flaherty’s glib little spin line about “payroll taxes.” The CPP is not a payroll tax: it is the last bastion of a pension for seniors in this county, a measly $12,000 a year that is, for many, the one remaining constant in a working world that has seen, under Flaherty’s watch, companies flee from defined benefit pension plans and from pensions altogether…

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Posted in Social Security Policy Context | No Comments »


Flaherty to savers: You’re on your own with CPP as it stands

Tuesday, December 17th, 2013

The CPP is not a welfare program, or an income-redistribution program. It’s not paid for by taxes. It’s a defined-benefit pension plan… It’s actuarially sound, independently run and low-cost. It’s one of the world’s best-run retirement safety nets… The choice is between each of us saving more on our own and all of us saving more, together. Canada’s extremely low savings are testimony to the fact that the former approach, Mr. Flaherty’s preferred route, isn’t working.

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Posted in Social Security Policy Context | No Comments »


Ontario Tories caused Hydro mess

Sunday, December 15th, 2013

For 95 years Hydro’s profits went out to businesses and citizens in the form of low and stable rates and made Ontario into the economic engine of Canada… The deregulation experiment has failed miserably to lower rates in Ontario as we said it would. It is one of the main reasons for our troubles in the manufacturing sector and our ailing economy. Time to reregulate Hydro in the public interest, not keep it for the private few.

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Posted in Governance Debates | No Comments »


Who’s Watching Our Money?

Monday, December 9th, 2013

… researchers looked at 30-million “economic actors” around the globe. Their remarkable research found that a group of 147 transnational corporations (TNCs) controlled nearly 40 per cent of the economic value of all TNCs in the world. More shockingly, financial institutions make up 75 per cent of the organizations at the core of this powerful group: what the researchers call a “super entity.

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Posted in Governance Debates | No Comments »


Your Bank’s Not as Safe as You Think

Monday, December 9th, 2013

Until now, the big banks have been encouraged to operating in a risky manner because they’ve been able to count on the federal government appropriating taxpayers’ money to bail them out. In future, the banks may be expected to solve their own financial problems. That may be bad news for account holders if the banks come after depositors for the cash to settle their debts.

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Posted in Governance Debates | 1 Comment »


Ontario is finally cracking down on rogue unlicensed daycare operators

Thursday, December 5th, 2013

… even with passage of this act, high-quality, affordable child care won’t be available to thousands of Ontario families who need it. A bold new investment of provincial and federal money is required, like the $1.1-billion national child-care program recklessly killed by Prime Minister Stephen Harper. Still, Wynne is right to demand higher standards of the child-care operations we have.

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Posted in Child & Family Delivery System | No Comments »


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