The Broadbent Blog

THE HUB FOR CANADA’S LEADING PROGRESSIVE VOICES.

Disclaimer: the opinions expressed herein are those of the author and not necessarily those of the Institute.

Broadbent Reads: Crashed by Adam Tooze

Book Review

Adam Tooze. Crashed: How a Decade of Financial Crises Changed the World. Viking. New York. 2018

The global economic crisis is now more than a decade old, and is far from definitively behind us. Indeed, many fear, with good reason, that the recent, uneven and lethargic global recovery may soon come to an end, and that the next crisis of global capitalism could be even worse than that of 2008.

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National Security, Protectionism and the New Trade Deal with the United States and Mexico

The Trudeau government has said that the new USMC agreement continues to give us an effective means of resolving bilateral disputes with the United States, allowing us to appeal to a special tribunal if  that country (or Mexico) has, in our view, violated the agreement.

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Corporate-tax cuts are no solution to Canada’s competitiveness problem

The federal government is widely expected to announce a new competitiveness strategy as part of its Fall Economic Statement. Corporate Canada has been lobbying hard for a new round of corporate-tax cuts in response to recent tax “reform” under President Donald Trump in the United States.

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Reflecting on Ocasio-Cortez and a bold opportunity for democratic socialist organizing in Canada

Alexandria Ocasio-Cortez is breaking new ground and hitting international air waves in her recent win of the democratic nomination over a 20 year sitting Congressman in New York's 14th Congressional District (Bronx and Queens), where a majority of residents are immigrants and working class people. At the age of 28, Ocasio-Cortez, is not only the youngest candidate for congress, she also comes from a working class background, and being the first Latina to represent her district is a victory in and of itself.

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Why a Carbon Fee and Dividend now makes more sense than ever for Canada

Now that Manitoba has joined Ontario and Saskatchewan in opposition to a carbon tax, what are the realistic political options for the federal government?  Economists overwhelmingly support carbon pricing as the most economically efficient way to reduce greenhouse gas emission and combat climate change. But should the federal government now just accept that Canadian conservatives have successfully framed it as a “job-killing tax” whose implementation will “hurt the economy”? Have Doug Ford, Andrew Scheer and other Conservatives been successful in nurturing the suspicion that carbon pricing is just another tax grab by government that will make “ordinary Canadians” worse off? Is the idea now politically dead?

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The evidence is clear. Canada needs electoral reform

Aside from the ascendance of newer political parties at the expense of those more established, one of the most significant aspects of Monday’s election in Quebec is what it may mean for electoral reform across the country.

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BC’s electoral referendum could change Canada’s political landscape

 

A vote for proportional representation in BC’s electoral referendum could boost electoral reform in the provinces or even federally.

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Federal Poverty Strategy Discounts Needs of Seniors

The Poverty Reduction Strategy announced by the federal government at the end of August proposes that an official Canadian poverty line be set for the first time and enshrined in legislation; and that official targets be set to reduce the poverty rate by 20% by 2020, and by 50% by 2030.

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U.S Federal Reserve’s blindspot means Canada’s eyes should be wide open

Since the 1980s, financial crises have erupted about once a decade. The last one erupted in 2008. And there are disturbing parallels between the 1980s debt crisis in Latin America, the 1990s financial crisis in Asia, and the deepening financial turmoil in emerging markets such as Turkey today. Which is why it is surprising that the subject of the next crisis was missing from this year’s agenda at the annual economic policy symposium, in Jackson Hole, Wyoming.

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Combatting Doug Ford’s Iron Fist: Lessons from South America

Canadians are not used to iron-fist governments but Ontario’s new Premier Doug Ford’s early actions suggest that his government may well become the exception to the rule.

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