Liberal government faces tough fiscal choices in implementing progressive agenda

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The briefing books being prepared for Prime Minister-designate Trudeau and his new Cabinet are likely warning of tough fiscal choices ahead. It will be very hard for the incoming government to reconcile a genuinely progressive platform on the social spending side with limited revenues, even given an acceptance of short-term deficits.

We can expect quick implementation of the new Canada Child Benefit, which will deliver higher benefits to all but the most affluent families with children and will significantly reduce inequality and poverty by being income-tested. This is the approach that has long been called for by Campaign 2000 and the Caledon Institute, building on the child benefit reforms of the Chretien government.

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Wage suppression and the Federal Balanced Budget Act

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In the October 2013 Speech for the Throne, the Canadian government announced it would introduce balanced-budget legislation. At the time this vague proposal attracted little interest from anyone, although a year later the Parliamentary Budget Office (PBO) did produce a substantial document analyzing the benefits and costs of such a proposal. 

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New report lays out seven policies to steer Canada toward a low-carbon economy

 

 

TORONTO — Canada must ensure there are broader changes to our economy beyond carbon pricing alone if the country is to move toward a low-carbon economy, says a new report released today by the Mowat Centre and the Broadbent Institute.

The two think tanks say that in the lead-up to next month’s UN Conference on Climate Change in Paris, Canada’s new federal government must articulate a broad and clear agenda that recognizes climate change is a fundamental global threat demanding Canadian leadership.

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Want employment and wage growth? It’s skills stupid!

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The recent election was full of varying promises to increase growth rates and employment levels. Few of these promises, however, addressed a critical weakness in our ability to compete in global markets: significant literacy and numeracy skill shortages. 

This is a critical area where the federal government has a vital role to play.

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