CCPA Policy Note

Entries Tagged as 'Economy'

BC’s controversial contract obligations dwarf its debt

July 18th, 2014 · · No Comments · Economy, Energy, Privatization, P3s & public services, Provincial budget & finance

Most of the discussion around the delivery of British Columbia’s public accounts this week has centred on debt (Marvin Shaffer makes excellent points in the previous post on why debt is not always bad) and on how BC got the money to balance its books. Something else worth looking at, however, is British Columbia’s non-debt […]

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Debt Free BC

July 17th, 2014 · · No Comments · Economy

One can only presume that the promise of a debt-free B.C. was never meant to be taken seriously. Christy Clark’s very cynical, albeit effective election slogan was based on two highly qualified guesstimates of the potential taxes that could be generated in the most optimistic possible circumstances from an industry that does not yet exist. Thus […]

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What are the Net Benefits of Northern Gateway?

June 18th, 2014 · · 1 Comment · Economy, Energy

  One of the more disheartening features of the political and media commentary on the economic benefits offered by major resource projects is the general failure to properly assess what those benefits in fact are. We are inundated with reports on economic impacts — the amount of investment and jobs a project might generate — […]

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Cheap Power for Jobs (Except it Ain’t Cheap)

May 23rd, 2014 · · No Comments · Economy, Energy, Uncategorized

It has a nice political ring to it — “power for jobs”. That is what Glen Clark wanted to do with the Columbia River Treaty power that was returned to the province in the late 1990′s. And that is what Vaughn Palmer argues B.C. should do today with the hydro power we have or could […]

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Britain and British Columbia now moving in different directions on P3s. BC taxpayers may be the losers

May 20th, 2014 · · 5 Comments · Economy, Privatization, P3s & public services, Provincial budget & finance

A dozen years ago when Gordon Campbell’s newly elected British Columbia government decided it wanted to build its infrastructure with public private partnerships (P3s) it turned to England for advice.  The British model for infrastructure shaped much of what BC did in the ensuing years.  Lately, British Columbia and the UK have been going in different […]

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What you need to know about BC Budget 2014

February 18th, 2014 · · 4 Comments · Economy, Employment & labour, Health care, Provincial budget & finance, Taxes

Today’s 2014 BC budget contained very little news, as expected. Despite a significantly weaker economic picture for BC than what was projected in the June 2013 Budget Update, there are no new measures to help British Columbian families struggling with economic insecurity in the weak job market. Five years after the recession officially ended, BC […]

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7 things that should be in this year’s BC Budget

February 17th, 2014 · · 3 Comments · Climate change, Economy, Education, Poverty, inequality & welfare, Provincial budget & finance

In the fifth year of a slow and largely jobless economic recovery, the 2014 BC Budget should prioritize measures to set the foundation of a more just and sustainable economy, where prosperity is shared by all citizens. Here are 7 initiatives that will get us there. 1. A comprehensive poverty reduction plan Combating poverty is […]

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When no news is not good news: what the uneventful BC throne speech means for you

February 15th, 2014 · · Comments Off · Children & youth, Climate change, Economy, Employment & labour, Environment, resources & sustainability, Poverty, inequality & welfare, Provincial budget & finance

Last week’s BC throne speech received little media coverage, partly because it fell in the middle of the Olympics and on the same day as the Canadian federal budget, but also because it was rather uneventful, repeating familiar themes and commitments. The absence of significant new announcements in the throne speech is not good news […]

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LNG: BC’s Quest for a New Staple Industry

October 21st, 2013 · · 1 Comment · Economy, Energy, Environment, resources & sustainability

I have a post as part of a new series from the Progressive Economics Forum celebrating 50 years of Mel Watkins’ publication of “A Staple Theory of Economic Growth.” Watkins’ piece follows the insight of Harold Innis to develop an understanding of economic growth uniquely rooted in the Canadian experience. The series begins with an […]

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Time to redesign BC’s GHG policy

October 8th, 2013 · · 1 Comment · Economy, Environment, resources & sustainability

No matter where you stand on GHGs and climate change, one thing is very clear. British Columbia GHG policy is a mess. It is not just that GHG reduction targets were legislated without any credible plan to achieve them and, given our current industrial strategy, little prospect of doing so. It is the complete lack […]

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