Month: March 2009

On April 15th British Columbia officially wins the race to the bottom. That is the day New Brunswick raises its minimum wage to $8.00 an hour. When that happens New Brunswick, PEI and British Columbia will be tied with the lowest minimum wage in Canada. This three-way tie won’t last for long though. On September… View Article

In our pre-budget Reality Check, we noted that a recession would lead to upwards pressure on social assistance expenditures. The 2009 Budget notes that every 1% increase in the temporary assistance caseload increases expenditures by $3.5 million (and $7 million for the disability caseload). During a major recession it would not be unrealistic to project… View Article

I am a big fan of stimulus packages for our ailing economy. But my pitch has been that we need to use the occasion to retrofit our economy to be on a more sustainable footing. So it matters a great deal on what we spend those stimulus dollars. If we launch projects that take us… View Article

Surrey Mayor Dianne Watts made the news this week calling for property-tax-free zones in Surrey to attract new business to her city. Of course, in a climate where businesses are not making new investments, this will at best lure businesses from other parts of Metro Vancouver. Economists call these beggar-thy-neighbour policies because you can only… View Article

The hurt is on. After jumping to 6.1% in January, the ranks of BC’s unemployed swelled by 14,200 in February, pushing the unemployment rate to 6.7%, its highest level in five years. Given that February is the shortest month of the year, one can only imagine how bad things would have gotten had it been… View Article

It is one of those publications that few media outlets will report on, and even fewer British Columbians will read, but BC Stats just released the latest version of its Local Area Economic Dependencies, updated based on 2006 census data. This publication basically asks where the income in various BC communities comes from. In many… View Article

As the global economic meltdown and in particular the US housing market collapse continues to savage BC lumber producers, government leaders boldly predict that wood-fired energy – “bioenergy” – will ride to the rescue of a shell-shocked industry and brutalized rural, resource towns dealing with soaring unemployment rates. February’s Speech from the Throne is a… View Article

In mid February, a report was released that received very little attention, but should have: The report of the UN’s Special Rapporteur on Adequate Housing’s Mission to Canada (hat tip to Jean Swanson for drawing the final report to my attention; it can be found here; just scroll down to the “Mission to Canada”.) The… View Article

Yesterday the CCPA released a new study on family income inequality in BC by yours truly, which reveals some disturbing statistics about family incomes over the past 30 years. Among our other key findings: The gap between the wealthiest and the majority of BC families has grown dramatically over the past 30 years. The share… View Article

There’s plenty to be concerned about with the recommendations emanating from the Working Roundtable on Forestry – an open door for raw log exports, diminished corporate taxes for cash-strapped rural municipalities, and a steady creep toward de facto privatization of some public forestlands. And in coming postings I’ll speak more about what’s on the negative… View Article