CCPA
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Ontario delivers a ‘hit and miss’ budget
In some places the budget was bold, in some places it merely did what it had to do, and other key areas it fell flat on its face. The big picture task of this budget was to fill the void left by the federal government’s weak response to the recession. Hit and Miss: Ontario’s 2009-10 Budget – PDF, 188 Kb.
Tagged with: Budget • CCPA
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Income Inequality and the Pursuit of Prosperity
Walter Gordon Massey Symposium Lecture
The story of how we got into this global economic mess, and how we will get out, is inextricably bound up with the story of rising income inequality. After all, it was triggered by the interlocking fates of subprime mortgage holders – people who didn’t have enough money to get a regular mortgage – and their lenders. Every part of the ensuing cascade of calamity was linked to the pursuit of ever greater returns, a promise of prosperity fuelled by easy money and reckless bets.
Tagged with: Armine Yalnizyan • CCPA • Economics
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How Will the Budget Stimulus Work When Central Bank Rates Are Close To Zero?
Why Tax Cuts Are the Worst Possible Fiscal Stimulus
Tax cuts are the worst possible economic stimulus with Bank of Canada interest rates heading to zero, and may well have a negative effect on the economy, says a report released today by the Canadian Centre for Policy Alternatives (CCPA).
Tagged with: Budget • CCPA • Economics
- Ministers meet for pension crisis talks – thestar.com
December 16, 2009The recession has exposed the fragility of the pension situation. About two-thirds of workers in Canada lack a workplace pension program and 1.6 million Canadian seniors at the low end of the wealth scale are trying to eke out an existence on less than $15,000 a year.
- Job training funded for older workers – CBC News
December 16, 2009A new joint initiative by the federal and Ontario governments will help unemployed older workers develop new skills that will help them find jobs.
- New payday loan limits don’t protect consumers: advocates – CBC News
December 16, 2009Some Ontario consumers could be caught in a never-ending cycle of borrowing from payday loan companies despite a new cap on loan fees and interest that came into effect Tuesday, warns an Ottawa-based public watchdog.
- Goar: Punished for working too diligently – thestar.com
December 16, 2009Premier Dalton McGuinty is aware of the problem. "Unwittingly, we have developed a policy that stomps you into the ground," he told Ontarians who rely on social assistance last spring.
- Quebec targets homelessness in $60.5M plan – CBC News
December 16, 2009Quebec has unveiled a new $60.5 million, three-year plan to fight homelessness, including measures to improve mid- and long-term housing options for people on the street.
- Stepping up for Ontarians: Staying the course on poverty reduction commitments
- Submission to the Ontario Government on Bill 218
- Stand Up Against the Backlash from the Auditor General’s Report
- Coalition warns poverty reduction at risk
- Countdown: Two Weeks to Dec. 4 Poverty Reduction Anniversary
- Ontarians Seek Bold Action on Affordable Housing: Report
- Action Alert: Meet the Commitment for a Social Assistance Review!
- How Will the Budget Stimulus Work When Central Bank Rates Are Close To Zero?
Why Tax Cuts Are the Worst Possible Fiscal Stimulus
Tax cuts are the worst possible economic stimulus with Bank of Canada interest rates heading to zero, and may well have a negative effect on the economy, says a report released today by the Canadian Centre for Policy Alternatives (CCPA).
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