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

Now is not the time to panic over the federal debt

Sep 22, 2020
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Public policy in Canada remains haunted by large deficits that prevailed in the 1980s and early 1990s. With COVID-19 economic response pushing the federal deficit to an estimated $343 billion in 2020/21, some pundits are starting to beat the deficit panic drum again.  Don’t let big numbers scare you. Here’s why we shouldn’t be worried. … View Article

How are British Columbians doing: COVID-19 economic security & government supports

Jul 28, 2020
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The economic impact of the shutdown of large parts of BC’s economy in response to COVID-19 has reflected a sharp recession: a massive and rapid increase in involuntary unemployment, including layoffs, job losses and reduced hours; reduced household and business income and expenditure; closures (whether mandated or not) or greatly reduced capacity of many retail… View Article

British Columbians approve of province’s COVID-19 response & want more equitable, sustainable economy post recovery—regardless of party affiliation

Jul 20, 2020
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The coronavirus pandemic has put governments and societies around the world to the test as they confront what is both a public health and economic crisis—one that clearly is not going away anytime soon. BC has fared well to date in containing the spread of the virus, and stands out among Canadian provinces with a… View Article

State of Play: COVID-19, carbon and energy

Jun 23, 2020
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2020 has been a year like no other in the political economy of energy and climate change. As the new year broke, wildfires spiked by higher temperatures scorched Australia. In Canada, a different fire took hold as a BC gas pipeline sparked a cross-country Indigenous-led uprising. By mid-March, economies around the world were shutting down… View Article

Think system change for Canada’s low-carbon reboot

May 21, 2020
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There is growing momentum for a low-carbon reboot of our high-carbon economy as we emerge from a pandemic-induced shutdown. Since business-as-usual has been so disrupted, the timing for a major leap has never been better. Earlier this year, the Australian wildfires provided humanity’s latest wake-up call. Many are nervous about what this summer could bring… View Article

Comparing provincial economic responses to COVID-19

Apr 23, 2020
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The COVID-19 pandemic has highlighted the vital importance of collective responses via governments at all levels. The Canadian context of federalism, with a division of powers between federal and provincial/territorial governments, also highlights key differences in approaches to the pandemic. At its best, federalism is an advantageous arrangement, with the federal government addressing national issues,… View Article

Time to extend financial supports to local governments

Apr 15, 2020
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Local governments and regional authorities like TransLink have been missing from federal and provincial economic responses to COVID-19. Local governments are facing collapsing revenues, and unlike federal and provincial governments, they are not allowed to run deficits to cover their operating costs. As a result they are already staring into the abyss of painful austerity… View Article

Food insecurity and hunger during COVID-19

Apr 7, 2020
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The COVID-19 pandemic has exposed holes in our social safety net and significant inequality across BC households. Much of the recent focus has been on workers facing unemployment and renters unable to pay for their housing, with new federal and provincial supports enacted to try to address these needs. In this post I want to… View Article