25in5.ca » CCPA

Ontario delivers a ‘hit and miss’ budget

Christopher — Fri, 27 Mar 2009 16:25:26 +0000

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.

Income Inequality and the Pursuit of Prosperity

Christopher — Fri, 13 Mar 2009 00:47:52 +0000

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.

How Will the Budget Stimulus Work When Central Bank Rates Are Close To Zero?

Christopher — Wed, 11 Mar 2009 02:33:42 +0000

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).