April 2015

Investment should be the federal budget priority

The federal Budget to be introduced on April 21 should have one clear priority – to boost public and private investment so as to create jobs now and a more productive and sustainable economy tomorrow.

The slowing Canadian economy continues to be mainly driven by household borrowing fuelled by ultra low interest rates. With wages stagnant, families are still going deeper into and deeper into debt to spend more than they earn, setting the stage for a nasty housing crash and a rude shock to family finances down the road.

Meanwhile, investment actually shrank in the fourth...

Fifteen dollar an hour minimum wage fight comes to Canada

Over the past 20 years, income inequality has been growing faster in Canada than in other similar countries. During this period about one third of all income growth has gone to the top 1%, leaving precious little to be shared among the remaining 99%. We know the inequality problem all too well, but what is the answer to addressing it?

There seem to be three main pillars that provide effective solutions: progressive taxation...

The Harper Record on Jobs, 2006-2014

There are many factors other than federal government policy that strongly influence the quantity and quality of Canadian jobs including resource prices, business decisions, the state of the American and the global economy, and the actions of provincial governments to name a few. 

That hasn’t stopped Stephen Harper and his Conservative government from trumpeting their record as good economic managers and pursuing a successful jobs and growth agenda. Harper’s supposedly “steady hand” on the economy is central to Conservative election messaging and his perceived economic acumen a...