CCPA Policy Note

Entries Tagged as 'Economy'

Economic Development and the Environment

May 9th, 2015 · · 1 Comment · Economy, Employment & labour, Environment, resources & sustainability

The biggest challenge facing the new NDP government in Alberta, and an NDP government in British Columbia should one be elected in 2017, is finding the right balance between economic development and environmental objectives. There are some who suggest that there is no conflict — there can be jobs and environmental policies effectively prohibiting certain […]

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Why the Metro Vancouver living wage is not enough for single parents and how to fix it

April 29th, 2015 · · No Comments · Children & youth, Economy, Employment & labour, Poverty, inequality & welfare, Taxes, Women

The living wage calculation is based on the needs of two-parent families with young children, but the idea behind it is that this wage would also support different types of families throughout the life cycle so that young adults are not discouraged from having children and older workers have some extra income as they age. In […]

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Doubling contribution limit to Tax-Free Savings Accounts exposes true intent of a bad policy

April 15th, 2015 · · 2 Comments · Economy, Provincial budget & finance, Taxes

Last week, federal finance minister Joe Oliver re-affirmed that his government seeks to double the annual limit to Tax-Free Savings Accounts (TFSAs), from $5,500 to $11,000. This is a terrible idea. When the TFSA was first introduced, the claim at the time was that the policy was intended to support modest income people wanting to […]

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Balanced Budget Legislation – another zombie policy returns from the dead

April 11th, 2015 · · 1 Comment · Economy, Provincial budget & finance

Ah, here we go again – when seeking to assert credibility as sound fiscal managers, governments reach for the tired gimmick of “balanced budget legislation” (BBL). It’s not about good economics. Nor about good public policy. Just crass politics. And now the federal government is once again dangling this useless policy ploy. The CCPA-BC was […]

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BC minimum wage increase leaves workers in poverty

March 12th, 2015 · · 1 Comment · Economy, Employment & labour, Poverty, inequality & welfare

After close to three years of no change, the BC minimum wage was overdue for an increase. But the measly raise announced today falls far short of what is necessary. The 20c per hour increase, scheduled to come into effect on Sept 15, 2015,  amounts to a raise of just under 2% over more than 3 years. […]

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Apples and oranges: Comparing BC and Ontario debt ratios

March 4th, 2015 · · 1 Comment · Economy, Provincial budget & finance

The February 18, 2015 edition of the Globe and Mail featured an article by the paper’s B.C. correspondent Gary Mason, which in part drew favourable attention to BC’s debt-to-GDP ratio in comparison with that of Ontario. On face value, B.C.’s reported debt-to-GDP ratio calculated from its most recent audited statements of 18.2% looks pretty good […]

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11 things you need to know about BC Budget 2015

February 17th, 2015 · · 31 Comments · Climate change, Economy, Employment & labour, Environment, resources & sustainability, Health care, Poverty, inequality & welfare, Provincial budget & finance, Taxes

1. Budget 2015 ends the claw-back on child support payments for single parents on welfare. This is estimated to put $13 million in the hands of some of the poorest British Columbians. It’s a good step forward, but it is very very small. $13 million is three hundredths of one percent of the provincial budget. […]

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3 worrisome facts about BC’s job market on the eve of Budget 2015

February 16th, 2015 · · 1 Comment · Economy, Employment & labour, Poverty, inequality & welfare

2015 marks the sixth year of BC’s recovery from the recession. But it’s been a slow and largely jobless recovery in BC. 1. BC needs 93,000 more jobs to return to our pre-recession employment rate (the proportion of working age British Columbians who have jobs). Only 71.2% of working age British Columbians have jobs today. […]

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Rethinking social protections in the age of contractors

February 14th, 2015 · · 2 Comments · Economy, Employment & labour, Poverty, inequality & welfare

The job market is changing rapidly. While most workers of our parents’ generation could have reasonably expected to spend their entire working careers in permanent full-time jobs with one or two employers, today many rely on contract work or freelancing, and even regular full-time employees change jobs frequently. There are pros and cons to this shift, […]

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Site C

December 18th, 2014 · · Comments Off on Site C · Economy, Energy, Environment, resources & sustainability

I was a bit surprised by Minister Bennett’s statement that I was 100% wrong when I suggested in a CBC radio interview that BC Hydro didn’t need to start on Site C right away.  He emphatically disputed the suggestion that the decision and start of construction on Site C  could be deferred three to five […]

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