Both main parties in this election campaign are accusing the other of being big spenders. The BC Liberals claim the BC NDP is making election promises that are too expensive and argue the 1990s (the last time the NDP was in government) was a time of particularly high spending. The BC NDP points out that [...]
Entries Tagged as 'recession'
Reality check on government spending: is the overspending fear mongering justified
May 9th, 2013 · Iglika Ivanova · 2 Comments · Economy, Provincial budget & finance
Tags: budget·campaign·deficit·government priorities·government spending·Liberals·NDP·platform·recession·role of government·unemployment
Early indicators of how the recession has hit BC’s poor
May 29th, 2010 · Seth Klein · 1 Comment · Employment & labour, Poverty, inequality & welfare
Just wanted to draw readers’ attention to a great op-ed piece in The Province newspaper this past Thursday: “Recession slammed BC’s poor; and it’s not over,” by Chandra Pasma. Chandra is a policy analyst with Citizens for Public Justice (a faith-based social justice group), and author of a recent report entitled Bearing the Brunt: How [...]
Tags: child poverty·poverty·recession
In defense of the stimulus
March 25th, 2010 · Iglika Ivanova · 3 Comments · Economy, Taxes
Earlier this week, the Fraser Institute published a controversial report which argued that the government stimulus did not do much for economic growth in the last two quarters of 2009, suggesting that government spending on infrastructure was useless. While their analysis suffers from serious shortcomings, which I outlined in a previous blog post here, their [...]
Tags: fiscal policy·government spending·recession·recovery·role of government·stimulus
The role of stimulus spending in the recovery
March 24th, 2010 · Iglika Ivanova · 1 Comment · Economy, Provincial budget & finance, Transparency & accountability
Yesterday, the Fraser Institute published a new report, which argues that the government stimulus did not drive Canadian economic growth in the last two quarters of 2009, suggesting that government spending on infrastructure was useless for the economy. The report earned the scorn of Federal Finance Minister Jim Flaherty, who called it ”poorly done and it’s [...]
Tags: Economy·Fraser Institute·recession·recovery·role of government·stimulus
BC’s budget deficit third smallest in Canada
March 1st, 2010 · Iglika Ivanova · 4 Comments · Economy, Provincial budget & finance, Transparency & accountability
Media attention may still be firmly focused on athletes and tourists today, but we’re already starting to see hints about what will dominate BC’s post-Olympics discourse. The fear-mongering around our provincial debt and deficits is making a return
Is it time to stop worrying about the economy?
February 22nd, 2010 · Iglika Ivanova · 1 Comment · Economy, Provincial budget & finance
If you read the papers in this province, you’d think BC had long forgotten about the recession. Every bit of economic good news is trumpeted enthusiastically, from small increases in employment to the latest growth forecast released by private sector economists. Yet economic forecasting is a notoriously difficult business. Just a year ago, we saw [...]
Tags: economic forecasting·economic growth·Economy·recession·recovery
New Brunswick Plans for a $10 Minimum Wage
January 6th, 2010 · Iglika Ivanova · 9 Comments · Economy, Employment & labour, Poverty, inequality & welfare
On January 5, New Brunswick’s provincial government announced plans to increase their minimum wage from the current $8.25 per hour to $10 over the next two years. The move has gotten surprisingly little coverage in the mainstream media out West so far, but I urge you to check out this excellent article on the Times [...]
Tags: minimum wage·poverty·recession
Vancouver City Budget Woes: Are the Cuts Really Necessary?
December 3rd, 2009 · Iglika Ivanova · 6 Comments · Economy, Municipalities, Taxes
In this round of municipal budgeting, the city of Vancouver finds itself in exactly the same predicament as the federal and provincial governments faced earlier in the year – projected revenues would not be sufficient to meet their rising expenditures. The big difference is that municipal governments are prohibited by law from running a deficit. [...]
On minimum wages and talk radio
November 6th, 2009 · Iglika Ivanova · 4 Comments · Media, Poverty, inequality & welfare
Today marks the third time in the past four months that I get booted off a pre-arranged radio interview on minimum wages in BC. What is it about this topic that the universe doesn’t want me to say on live radio? I mean, I try not to be superstitious, but the string of coincidences is [...]
Will job creation solve our poverty problems?
September 28th, 2009 · Iglika Ivanova · Comments Off · Economy, Employment & labour, Poverty, inequality & welfare
You may recall that during the leaders’ debate prior to last May’s election, Gordon Campbell argued that creating jobs is the best poverty reduction strategy out there. Since his re-election, the government’s attention has been focused on the economy, while social policy has taken a back seat. But is this the best approach? A recent [...]
Tags: Economy·employment·job creation·OECD·poverty·poverty reduction·recession·working poor
