CCPA Policy Note

Entries Tagged as 'Provincial budget & finance'

5 signs the BC economy is weak and what this means for Budget 2016

November 25th, 2015 · · Comments Off on 5 signs the BC economy is weak and what this means for Budget 2016 · Economy, Employment & labour, Provincial budget & finance

Yesterday, the provincial government released its 2015/16 Second Quarterly Report: an update on where provincial finances are at six months into the fiscal year and where the economy is heading. The news is not very good. 

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Why are so many people needing food banks when the BC economy is growing?

November 17th, 2015 · · Comments Off on Why are so many people needing food banks when the BC economy is growing? · Economy, Poverty, inequality & welfare, Provincial budget & finance

Last week, Statistics Canada released new data showing the BC economy did better than expected in 2014, growing by 3.2% in real terms. This is a strong economic performance, the fastest on record since the recession ended.  The new growth numbers were published just as the annual Welfare Food Challenge organized by Raise the Rates captured headlines […]

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Spotlight on health care austerity: seniors’ residential care

October 30th, 2015 · · 4 Comments · Health care, Provincial budget & finance, Seniors

Let’s break down changes in health care spending by age group. You might think that as overall health care spending in BC has gone up, we would see bigger jumps for those over age 65. But this is not the case – indeed, quite the opposite. This figure shows the change in health care spending per […]

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Austerity comes to BC’s health care system

October 29th, 2015 · · 5 Comments · Health care, Provincial budget & finance, Seniors

For many years, BC’s health care system escaped the austerity imposed on other parts of the public sector. No longer. While total dollars allocated to health care are still increasing somewhat, those increases are not sufficient to keep up with cost drivers in the system, leading to a real reduction in health care services. This needs […]

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Can the federal parties’ child care proposals pay for the $10 a Day Plan?

October 14th, 2015 · · Comments Off on Can the federal parties’ child care proposals pay for the $10 a Day Plan? · Children & youth, Economy, Provincial budget & finance, Women

By Lynell Anderson and Iglika Ivanova We’ve been glad to see child care emerge as a key issue in this federal election, with three major parties (Greens, Liberals and NDP) vying to tackle the problems with the status quo: inadequate spaces, unaffordability and inconsistent quality. We analyzed the party platforms on child care in more […]

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One year after the BC teachers’ strike, what’s happening for kids with special needs?

September 7th, 2015 · · 2 Comments · Children & youth, Education, Provincial budget & finance

by Seth Klein and Tyson Schoeber It’s been a year since the longest strike in the history of BC’s public school system. A key outcome of that dispute was increased understanding of the phrase “class size and composition.” During the strike, the public came to appreciate that teachers were fighting not just for better wages, […]

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The problem with the Fraser Institute’s consumer tax index

August 27th, 2015 · · 1 Comment · Privatization, P3s & public services, Provincial budget & finance, Taxes

Every summer, the Fraser Institute releases a report pointing out the average family now spends more on taxes than food, clothing and shelter. But is it really a bad thing that as our economy grows we spend less of our income on basic survival and more on better education, better health, parks, environmental protection and […]

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Just how bad is BC’s LNG deal with Petronas?

July 13th, 2015 · · 8 Comments · Climate change & energy policy, Environment, resources & sustainability, Provincial budget & finance, Taxes

Last week, the BC government released the text of its Project Development Agreement with Pacific Northwest LNG (led by Malaysian state enterprise, Petronas), considered the front-runner in getting BC an LNG export industry. The agreement goes to the BC legislature this week in order to convince Petronas to make a “final investment decision.” There are still other barriers to this […]

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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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