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Pages tagged "economy"


Taxing dividends: the case for reform

Posted on News & Blogs by Andrew Jackson · February 01, 2017 12:27 PM

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Special tax treatment of dividend income costs a lot in terms of foregone government revenues, mainly benefits the very affluent, and thus merits serious re-consideration as part of the federal government's current review of tax expenditures.

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Trump, Canada and life after NAFTA

Posted on News & Blogs by Andrew Jackson · January 20, 2017 3:45 PM

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The election of President Trump and the potential imposition of border taxes and other protectionist measures is clearly of great concern to Canadian exporters, the workers they employ and the communities they support. This underlines just how much NAFTA and the wider liberalization of trade with rising economic powers such as China have shaped our economy and made us highly vulnerable to forces outside our control.

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Big cities much more unequal than Canada as a whole

Posted on News & Blogs by Andrew Jackson · January 10, 2017 10:38 AM

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It is no secret that big, global cities like London and New York are highly unequal and display harsh extremes of wealth and poverty. This is increasingly true of Canada's largest cities, as shown by recently released Statistics Canada data on the geographical distribution of high income earners.

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The case against privatization and P3s

Posted on News & Blogs by Jonathan Sas · December 15, 2016 10:46 AM

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When the Liberal party campaigned and won in 2015 on making significant new investments in infrastructure, there was cause for optimism.

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The digital economy will not power a recovery

Posted on News & Blogs by Andrew Jackson · December 01, 2016 9:00 AM

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Economists and pundits are at odds over medium term prospects for the global economy. Pessimists see stagnant growth, rising inequality and growing unemployment and underemployment, widely held to be responsible for the rise of right-wing populists such as US President elect Donald Trump. 

Meanwhile, techno optimists such as Erik Bryjolfsson and Andrew McAfee, the authors of The Second Machine Age, argue that the digital economy will drive rapid productivity growth and underpin the gradual emergence of a post scarcity economy capable of providing prosperity for all.

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Foreign investment not always a benefit

Posted on News & Blogs by Andrew Jackson · November 14, 2016 9:37 AM

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The federal government heeded the advice of the business dominated Economic Advisory Council and set out a new welcome mat for foreign investors in the recent  Economic Statement . The threshold for review of foreign take-overs of Canadian companies will be raised from $600 Million to $1 Billion (up from just $369 Million in 2015); a new agency, the Invest in Canada Hub, will be set up with a mandate to woo foreign corporations; and reviews of the security implications of foreign take-overs are likely to be limited.

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Liberal fiscal plan scales back "historic" infrastructure spending

Posted on News & Blogs by Andrew Jackson · November 04, 2016 12:05 PM

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The Trudeau government's fiscal plan as updated in the Fall Economic Statement meets a number of progressive commitments, but also raises a lot of questions about what can be expected of  the federal Budget to be tabled next March.

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Fiscal update: privatization of public infrastructure a major step in wrong direction

Posted on In the News by Broadbent Institute · November 01, 2016 5:56 PM

 

 

STATEMENT by Andrew Jackson, Senior Policy Advisor, Broadbent Institute, on the fall Economic and Fiscal Update.

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Private infrastructure bank not in the public interest

Posted on News & Blogs by Andrew Jackson · October 29, 2016 8:00 AM

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The Advisory Council on Economic Growth chaired by Domenic Barton has proposed to federal Finance Minister Bill Morneau the creation of an independent Canadian Infrastructure Development Bank (CIDB) to help finance $200 billion of public infrastructure projects over the next decade. There is an argument for improved financing tools, but no case for such a lever for massive and costly privatization.

The report of the Council reiterates the consensus view that investment in public infrastructure such as roads, mass transit, railways, ports, water and waste water treatment, clean energy and power grids has been too low, and that a major increase could drive immediate job creation while also boosting longer term economic growth.

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Alberta gets it right on $15 minimum wage

Posted on News & Blogs by Angella MacEwen · October 26, 2016 11:57 AM

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The Alberta government has done it.

On October 1st, the minimum wage increased by one dollar to $12.20 per hour, making it the highest provincial, but not territorial, minimum wage in Canada. 

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