Archive
Bold action in an extraordinary time
Mar 19, 2020
The coronavirus has brought about a global public health and economic crisis with breathtaking speed. In Canada we are entering a time of emergency on a scale that is difficult to fully comprehend or anticipate. The pandemic has quickly exposed the gaping holes in our social safety net—particularly with respect to work and income security—and… View Article
Time for a forest reserve
Mar 9, 2020
Almost inevitably, when someone suggests that logging of privately-owned lands should be subject to tougher regulations, there is an outcry from landowners. It is “their” land after all. But this ignores important historical realities in British Columbia—realities that are hopefully being considered in a current review by the provincial government. Up until 2003, a much… View Article
Blockades aren’t the crisis. It’s the crumbling legitimacy of Canada’s democracy
Mar 5, 2020
Our democratic institutions are in crisis. Their very legitimacy is in question, and Canada’s national leaders appear ill-equipped to respond. The Indigenous re-occupation of Wet’suwet’en land and nationwide actions in support have sparked debate and deliberation about the causes, consequences, complications and solutions. The debate has been emotional and traumatic and, I fear, is defining… View Article
Managed wind-down of BC’s fossil fuel industries: A just transition to a green economy
Mar 4, 2020
Imagine it’s 2025 and because of the escalating climate crisis, governments in Asia have declared ambitious new climate action plans and an aggressive transition off natural gas. BC’s fossil fuel exports would soon dry up, workers would be laid off and local communities would lose public- and private-sector jobs. This type of scenario needs to… View Article
Coastal GasLink connects bad economics with terrible climate policy while trampling on Indigenous rights
Feb 25, 2020
Protests around BC and the rest of the country have put Indigenous issues front and centre in discussions of Canadian politics and energy policy. Approved by the BC government, TransCanada’s Coastal GasLink pipeline would run through Wet’suwet’en territory and the company argues it is in the broader “public interest” because of “substantial benefits to First… View Article
Our take on BC Budget 2020
Feb 18, 2020
BC Budget 2020 is light on new announcements. It largely marks the final year of implementation of the ambitious three-year plan set out back in 2018 to tackle some of our biggest social and economic challenges head on. The good news is that it delivers on key commitments made (and even ups the amounts slightly… View Article
Will the BC government ramp up its affordable housing efforts in Budget 2020?
Feb 12, 2020
A lack of affordable housing continues to be a top issue in Metro Vancouver and more broadly in BC. Since 2016, and in particular the 2018 BC Budget, we have seen some important tax policy changes from the provincial government in response to skyrocketing home prices. These new taxes primarily focus on wealthier homeowners by… View Article
Lessons from the Squamish Nation’s ambitious new rental housing plan
Feb 6, 2020
As we face a severe housing crisis in Vancouver, the Squamish Nation is poised to add 6,000 new homes—mostly market rental housing—to its 11 acre reserve lands in Kitsilano. This will create a major new ongoing revenue stream for the Nation, while providing rental homes to help ease Vancouver’s ultra-low vacancy rates. The Sen̓áḵw project… View Article
BC needs to significantly boost supply of public assisted living
Feb 5, 2020
Too many seniors in our province struggle to find publicly subsidized assisted living where they can be supported as they age. Amidst an affordable housing crisis felt across generations, the need to significantly boost the supply of subsidized assisted living is more urgent than ever before. Assisted living is a type of supportive housing for… View Article
A surplus at all costs? Balanced budget fixation hurts BC
Jan 20, 2020
Almost every year at budget time, BC governments of all stripes predict public coffers are going to be worse off than they’re likely truly expecting. This habit is usually portrayed as harmless or even prudent, but when the budget room available to us is systematically underestimated, it distorts the scope of public debate. Budget lowballing… View Article
Peace River Frack-Up
Jan 9, 2020
Part 1 of a report on how fracking poses risks to BC Hydro’s Peace River dams Read Part 2 of the report View timeline BC Hydro has known for well over a decade that its Peace Canyon dam is built on weak, unstable rock and that an earthquake triggered by a nearby natural gas industry… View Article
The Well from Hell
Jan 9, 2020
Part 2 of a report on how fracking poses risks to BC Hydro’s Peace River Dams Read Part 1 of the report View timeline BC Hydro was so worried that its Peace Canyon dam could be badly damaged if an earthquake was triggered at a nearby natural gas industry disposal well, that it briefly considered… View Article
Happy new year—no more MSP!
Jan 6, 2020
It’s a brand new year, and BC’s Medical Services Plan (MSP) premiums are no more. That’s great news because MSP premiums were a very unfair tax (or “regressive” as we economists like to say). In its first budget (in 2018), the current provincial government announced it would phase out MSP premiums by 2020 and has… View Article
Virtual walk-in clinics undermine primary care
Dec 19, 2019
Despite efforts by the BC government to increase access to primary care, new developments risk making it even harder to find a doctor. BC is one of the only provinces that allows doctors to bill government for virtual phone or video visits without restrictions. This may make it more convenient to see your regular doctor, however, a… View Article
Let’s go big on building affordable non-market rental housing
Dec 11, 2019
To fully address Metro Vancouver’s housing crisis we need an ambitious build-out of 10,000 new units per year of non-market, rental housing. This includes public housing and co-ops that are truly affordable for ordinary households. New investments from the BC and federal governments point to a modest revival of public, non-market housing, but these investments… View Article
Eliminate and replace it: A better way to reform the basic personal tax amount
Dec 10, 2019
The new federal Liberal minority government has signalled that a tax cut will be its first order of policy business. That’s a shame because this tax cut will do little for those with low incomes while providing the most benefit to higher income households—and there are better ways to benefit Canadians who need the help…. View Article
An electrifying announcement leads to more questions than answers
Dec 5, 2019
In late August, Prime Minister Justin Trudeau traveled to Vancouver to announce that the federal government had agreed to financially support a new hydroelectric transmission line project in British Columbia’s remote northeast region. In a memorandum of understanding signed with the provincial government, the federal government committed $83.6 million to the project, which will cover… View Article
Property taxes in Vancouver are still too low, fueling inequality and speculation
Dec 2, 2019
We’ve heard a lot of griping recently about Vancouver’s proposed property tax increase for 2020, but missing from the debate is a reality check on the city’s extremely low tax rates. Vancouver’s property tax rate is, in fact, the lowest in North America, at just $2.56 per $1,000 in assessed value—or 0.26%. Why is Vancouver’s… View Article
Canada Pension Plan fuels climate crisis
Nov 21, 2019
“Financial experts say millennials will have to save an entire planet to retire,” says the satirical Beaverton. This is funny because it’s true. Less humorously, many pensions designed for retirement security are contributing to the climate emergency with their investments. Such is the case with the Canada Pension Plan (CPP), one of our country’s largest… View Article
Inquiry needed into gig work in BC
Nov 14, 2019
The BC government recently decided to permit the operation ride-hailing services, which are scheduled to begin before the end of the year. Other services, like the delivery of restaurant meals, use similar systems to dispatch workers. Yet the provincial government has yet to address a crucial element of this system—the rights and protections of workers… View Article