Every year, just before Christmas, the Fraser Institute publish a “Generosity Index” which compares charitable giving in Canada and the United States. The widely-publicized message in 2016 was that Canadians are relative tightwads, with just 21.3% of us making tax deductible charitable donations in 2014 compared to 23.5% of Americans, and total donations amounting to just 0.6% of Canadian family incomes compared to 1.2% in the United States
Donald Trump’s ascension to the US presidency is being hailed by some as the end of globalization as we have come to know it in the last four decades. Others see in Trump’s electoral victory the end of neoliberal economic policy, which promoted free trade and free markets, and limited the scope of government. But German sociologist Wolfgang Streeck discerns in the demise both of globalization and neoliberalism the end of capitalism itself, at least the variety of capitalism that exists in North America and Western Europe.
Experts have roundly criticized BC Premier Christy Clark’s recent home ownership grant policy. A key part of the negative reaction has been based on fears that interest free grants will increase housing prices and drive a further wedge between incomes and housing costs, a divide already plaguing the Vancouver and lower mainland markets.