The upside of slow growth in the labour force

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The Finance Department’s long-awaited study on the economic and fiscal implications of our aging population was finally released on Oct. 23. It’s a gloomy outlook that underpins the Harper government’s view that we have to cut government spending today to maintain costly social programs tomorrow.

What the report fails to look at is the positive impacts of slower growth in the labour force, namely the prospect of better jobs and higher productivity.

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Experts, politicians weigh in on Broadbent Institute income inequality report

OTTAWA—Following the release of Towards a More Equal Canada, a discussion paper on income inequality, the Broadbent Institute has published the first of a series of responses to the report from a number of academics and politicians. This first round of responses includes opinions by Senator Hugh Segal and academics Luc Turgeon and Katherine Scott. Alongside the paper, these newly-released responses represent the next step in the Institute’s Equality Project.

“The public response to our paper has been tremendous,” says Broadbent Institute founder Ed Broadbent. “We are at a critical time in our history; it is more important than ever that we have a national discussion on income inequality.”

An Environics poll commissioned by the Broadbent Institute shows that Canadians are ready to challenge income inequality: 77% believe that income inequality is a major problem for Canada, and a clear majority – including a majority of Conservative voters – are willing to protect our social programs, even if it means paying higher taxes. 9 out of 10 respondents agreed that reducing income inequality should be a priority for the federal government.

“Canadians are prepared to have this discussion,” explained Broadbent. "It is my hope that these responses to our paper will prompt a wider national debate on the political choices that can reduce, or exacerbate, inequality."

Are boomer kids really getting a raw deal?

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We often hear that there is a large and unfair gap between the life-chances of the baby boomers – those persons now in their mid-50s to early 60s – and their children, the echo-baby boomers now in their 20s.

In reality, class inequality within generations is far greater than differences between generations. There are extremes of rich and poor and a shrinking middle-class within all age groups.

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McGuinty should head back to school for a lesson in democracy

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When Ontario’s Bill 115 was first proposed, and then made law, I was perplexed. Are these the kinds of lessons that we should be teaching our children?

Preparing students for active participation in a democratic society is part and parcel of the work educators perform every day. When I was young, teachers taught me what it means to be a good citizen: respect others, stand up for what is right, and play fair. Today my son, in senior kindergarten, learns these same lessons.

But for some reason, Premier Dalton McGuinty seems to be having trouble remembering these lessons.

 

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