CCPA Policy Note

Entries Tagged as 'Economy'

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 […]

[Read more →]

Tags: ·········

State of the BC Economy

December 4th, 2012 · · Comments Off · Economy, Energy

As we close out 2012, BC finds itself in some precarious economic waters. To recap, a massive housing bubble that built up through the naughties (2000s) finally burst in 2008, feeding a financial crisis, as extremely loose (some would say fraudulent) lending practices pushed housing prices up to spectacular, never-seen-before levels, and created a plague […]

[Read more →]

Tags: ·

BC’s Other Deficits

November 28th, 2012 · · Comments Off · Economy, Provincial budget & finance

The release of the BC Budget Second Quarterly report notes an increase in the projected budget deficit to $1.5 billion, up from $1.1 billion when the beans were first counted back in September. The growing deficit, amid a soft economy, is bound to get plenty of media attention. But this blog post is not about […]

[Read more →]

Tags: ··

De-growth or growth? Maybe we don’t need to figure that out

May 16th, 2012 · · 4 Comments · Climate change, Economy, Environment, resources & sustainability

There has recently been a renewed interest in the question of whether the ecological crisis means we need to see (or plan for) a stabilization or even a decline in economic growth. This week there is a major conference on degrowth in Montreal. York University’s Peter Victor has made important contributions to this debate in […]

[Read more →]

Tags: ·

BC isn’t broke: putting teacher bargaining in perspective

March 2nd, 2012 · · 99 Comments · Economy, Education, Employment & labour, Poverty, inequality & welfare, Privatization, P3s & public services, Provincial budget & finance, Taxes

Last Monday, BC teachers held a Day of Action in communities across the province to protest the BC government’s decision to legislate a contract and put an end to their collective bargaining process. I was invited to speak to teachers at the Surrey rally, where I had the opportunity to share some of my analysis […]

[Read more →]

Tags: ·······

The real impact of HST’s defeat on provincial finances

September 9th, 2011 · · 16 Comments · Economy, Provincial budget & finance, Taxes, Transparency & accountability

On Sept 8, Finance Minister Kevin Falcon released a much anticipated update on provincial finances. The Minster’s presentation focused on highlighting the cost of the move back to PST/GST, providing some large numbers for the media headlines, instead of looking at the big picture. In case you missed the media coverage, the provincial coffers are […]

[Read more →]

Tags: ····

How much does poverty cost BC?

July 14th, 2011 · · Comments Off · Employment & labour, Poverty, inequality & welfare, Provincial budget & finance

We’ve known for a long time that we all pay for poverty. We just didn’t know how much. This is the question I investigate in my latest CCPA report The Cost of Poverty in BC. If you’re not in the mood for reading the report, you can watch a short video that summarizes the findings […]

[Read more →]

Tags: ··

Will the HST boost job growth and when?

July 6th, 2010 · · 1 Comment · Economy, Employment & labour, Poverty, inequality & welfare, Taxes

As BC and Ontario have now started paying the HST at the till, many people may be wondering when exactly can we expect to see those jobs postings opening up. This is a good question. According to analysis commissioned by the BC government from economist Jack Mintz, titled British Columbia’s Harmonized Sales Tax: A Giant […]

[Read more →]

Tags: ····

On the economic impacts of the HST

July 5th, 2010 · · 1 Comment · Economy, Employment & labour, Poverty, inequality & welfare, Taxes

My previous HST post focused on the impact of the tax on households and I concluded that it’s likely that it will cost families and that some modest income families will be hurt by the tax. Is this sufficient reason to campaign for the tax to be repealed? Not necessarily. Public policy is about choices […]

[Read more →]

Tags: ··

The job market may be recovering but some jobs are not coming back

May 18th, 2010 · · 2 Comments · Economy, Employment & labour

A recent article in The New York Times illustrates this point with the story of an unemployed administrative assistant in her 50s, who has not been able to find a job for over two years after being laid off. As the journalist explains, her difficulties are likely not the result of age discrimination, the weak […]

[Read more →]

Tags: ··