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Economy

Canada’s economic competitiveness lies in an equitable and low carbon future

Posted by Katrina Miller · November 20, 2018 11:15 AM

There has been plenty of fear mongering that Canada must follow U.S. President Trump’s corporate tax cut agenda or face economic devastation. Yet many of the experts, often those not working for corporate interests, agree on two things: there is no assurance and much skepticism that the broad cuts will lead to significantly greater economic competitiveness for the U.S in the long-term1,2; and, there are much more effective levers to generate a competitive advantage for the Canadian economy than tax cuts3.

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green economy 45 economy 111 carbon 5 tax fairness 11

Broadbent Reads: Crashed by Adam Tooze

Posted by Andrew Jackson · November 09, 2018 10:28 AM

Book Review

Adam Tooze. Crashed: How a Decade of Financial Crises Changed the World. Viking. New York. 2018

The global economic crisis is now more than a decade old, and is far from definitively behind us. Indeed, many fear, with good reason, that the recent, uneven and lethargic global recovery may soon come to an end, and that the next crisis of global capitalism could be even worse than that of 2008.

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Andrew Jackson 58 financial crisis 4 economy 111 Broadbent Reads 2

National security, protectionism and the new trade deal with the United States and Mexico

Posted by Andrew Jackson · November 05, 2018 11:32 AM

The Trudeau government has said that the new USMC agreement continues to give us an effective means of resolving bilateral disputes with the United States, allowing us to appeal to a special tribunal if  that country (or Mexico) has, in our view, violated the agreement.

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Andrew Jackson 58 economy 111 trade 11

Corporate-tax cuts are no solution to Canada’s competitiveness problem

Posted by Andrew Jackson · November 01, 2018 9:00 AM

The federal government is widely expected to announce a new competitiveness strategy as part of its Fall Economic Statement. Corporate Canada has been lobbying hard for a new round of corporate-tax cuts in response to recent tax “reform” under President Donald Trump in the United States.

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Andrew Jackson 58 economy 111 tax policy 35 corporate tax cuts 2 tax fairness 11

Federal Poverty Strategy discounts needs of seniors

Posted by Andrew Jackson · September 21, 2018 2:21 PM

The Poverty Reduction Strategy announced by the federal government at the end of August proposes that an official Canadian poverty line be set for the first time and enshrined in legislation; and that official targets be set to reduce the poverty rate by 20% by 2020, and by 50% by 2030.

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Andrew Jackson 58 Poverty 12 seniors 5 economy 111

U.S Federal Reserve’s blindspot means Canada’s eyes should be wide open

Posted by Roy Culpeper · September 20, 2018 10:03 AM

Since the 1980s, financial crises have erupted about once a decade. The last one erupted in 2008. And there are disturbing parallels between the 1980s debt crisis in Latin America, the 1990s financial crisis in Asia, and the deepening financial turmoil in emerging markets such as Turkey today. Which is why it is surprising that the subject of the next crisis was missing from this year’s agenda at the annual economic policy symposium, in Jackson Hole, Wyoming.

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economic deregulation 3 financial crisis 4 economy 111 inflation 2

Talk of “the end of jobs” hides real labour market issues

Posted by Andrew Jackson · August 17, 2018 8:30 AM

There is a lot of talk these days about the end of jobs and the decimation of traditional employment due to rapid technological change, the much feared rise of the robots, and the emergence of new and more insecure forms of work in the so-called gig economy. But the statistics suggest that the extent of real change in the job market to date has been greatly exaggerated by many pundits.

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Andrew Jackson 58 jobs 19 economy 111

Facing stark challenges, Notley government delivers on progressive change

Posted by Sheila Matthen · June 28, 2018 9:55 AM

Notley_thumb.jpg

In the midst of the catastrophic fires that have devastated homes and livelihoods in the city of Fort McMurray, the Alberta government has declared a state of emergency. All focus is now on ensuring the safety of Albertans in this time of need.

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Alberta 9 budget 3 economy 111 climate 4 Rachel Notley 9

Christy Clark's inaction on housing affordability speaks volumes

Posted by Sheila Matthen · June 26, 2018 9:54 AM

christyclark_thumb.jpg

When Christy Clark’s government released its budget in February, many advocates were hoping for real action on soaring housing costs. British Columbia’s economy is growing and investments in affordable housing in this budget – for the last full fiscal year before going to the polls in 2017 – had the potential to address the severe crisis many British Columbians are facing.  

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Poverty 12 Inequality 29 economy 111 child poverty 5 housing 12 BC 5 Christy Clark 4 Vancouver 2

Don’t let supply management myths spoil the milk

Posted by Sarah Elton & Rod MacRae · June 22, 2018 4:25 PM

This article originally appeared in the Globe & Mail.

The way Canadian dairy farmers are portrayed in the NAFTA debate might lead you to believe they drive Porsches to the milking barns. Farmers who own quota in our food system, where dairy along with poultry fall under supply management, are often portrayed as a lobby group rather than people we rely on for food security.

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green economy 45 economy 111 supply management 3
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