The recent collapse in the price of oil begs the question of whether Canada, yet again, is going to enter the bust phase of a classic boom-bust resource cycle. There is much to fear.

Earlier this year, the Canadian Centre for Policy Alternatives released a collection of essays marking the fiftieth anniversary of the publication of a Canadian economics classic, “A Staple Theory of Economic Growth” by Mel Watkins.

The Harper government’s tax package released Thursday is a throwback to the family policies of a bygone era. It turns its back on the pressing need for affordable, high quality child care; introduces a new tax measure which will mainly benefit traditional families with a stay at home spouse; and brings back the old family allowance in a modified form.

The government’s token response to calls for a national child care program is to modestly increase the Child Care Expense Deduction – representing a tiny fraction ($395 million) of the government’s package exceeding $26 billion. This will hardly make child care any more affordable, and will do nothing to create badly needed new spaces. The deduction has to be claimed by the lowest earning spouse and the increase of $1,000 per child will translate into just $150 per year for those in the bottom tax bracket.

OTTAWA—The Conservative government's new tax package is a throwback to an earlier era that stands to deepen inequality and will do little to alleviate child care costs, the Broadbent Institute says.

This past week, Saskatchewan Premier Brad Wall took to Twitter to ask the question: “Is it time to allow people to pay for their own private MRIs in Saskatchewan like they can do in Alberta?” This came after a radio show in which he’d received a call from a patient who’s been waiting three months for an MRI — one of many Saskatchewan patients who are, understandably, frustrated by long waits for essential imaging services.

These wait times are a real problem. For that reason, we should be very wary of false solutions, and look first to evidence before rhetoric takes over.