Posts by Marc Lee

Marc Lee

About Marc Lee

Marc Lee is a Senior Economist at the CCPA’s BC Office. In addition to tracking federal and provincial budgets and economic trends, Marc has published on a range of topics from poverty and inequality to globalization and international trade to public services and regulation. Marc is Co-Director of the Climate Justice Project, a research partnership with UBC's School of Community and Regional Planning that examines the links between climate change policies and social justice. Follow Marc on Twitter

The federal government’s potential leap towards housing affordability

Aug 24, 2023
This is an excerpt from the Canadian Centre for Policy Alternatives’ annual Alternative Federal Budget chapter on housing. It outlines what an ambitious federal government could achieve on housing affordability in its 2024 budget. For a growing number of Canadians, the housing market is broken. In 2021, an estimated 1.5 million Canadian households lived in… View Article

Housing lessons from Singapore

Aug 10, 2023
Could Singapore, a city-state of 5.5 million across the ocean in Asia, hold the key to BC’s housing future? On a recent trade mission to Asia, Premier Eby was introduced to Singapore and its successes in providing affordable housing for its citizens. With a promised BC Builds program in development, Singapore shows what a more… View Article

The Energy Action Framework and BC’s carbon crossroads revisited

Jul 25, 2023
Since first starting down the pathway of climate action in 2007, the BC government has both developed policies to reduce carbon emissions domestically while simultaneously promoting a growing oil and gas export industry. These contradictions are evident in the March 2023 announcement of a new Energy Action Framework, which tries to balance the interests of… View Article

That 70s show: The evolution of income inequality in Canada

Jul 13, 2023
  This brief looks at the evolution of inequality going back to 1976. Drawing on Statistics Canada’s Canadian Income Survey, it reviews changes in the distribution of income by decile (groupings of ten percent of households ranked by income from lowest to highest income), and asks a hypothetical question: what would today’s incomes look like… View Article

The Bank of Canada’s obsession with interest rate hikes is hurting households: How did we get here and what are the alternatives?

Jun 7, 2023
The Bank of Canada’s June decision to raise its overnight, or policy, interest rate to 4.75% is predicated on cooling an overly strong economy afflicted by stubbornly high inflation. Yet, it’s not at all clear that the Bank’s narrative makes sense and, in one major category, housing, higher interest rates will make inflation worse by… View Article

Big challenges and opportunities for the BC budget

Feb 16, 2023
British Columbia is facing big social and environmental challenges ahead of Budget 2023: sky high rents, health care under enormous strain, a toxic drugs crisis, climate disruption and the need to build and rebuild crucial but eroded public services (to name a few). The good news is that BC has more than enough fiscal and… View Article

Still so far from home: An update on BC’s 114,000 homes promise

Feb 10, 2023
There is a huge opportunity for the BC government, under new leadership, to address housing affordability by making major investments in non-market housing. A growing number of commentators have recognized that the market alone cannot solve BC’s housing problem, particularly for low- to middle-income households. Major investments in non-market housing could include a much larger… View Article