Economy

Five lessons from BC’s horrific wildfire season

Oct 7, 2021
In British Columbia, climate change is no longer something abstract for the future. The late June heat dome event—that claimed 500-600 lives—and the wildfires that followed confirm that climate change is a clear and present danger that’s not going away any time soon. As of September 28, some 867,000 hectares of land had burned, making… View Article
Tax the rich

Robust wealth tax could raise $363B over 10 years

Sep 14, 2021
Amid a rise in extreme inequality, the idea of an annual tax on the wealth of the super-rich has risen to prominence in recent years in many countries. New analysis shows that a robust wealth tax in Canada—one that goes further than those currently on the table in the federal election—could raise well over a… View Article
Smoke stack

For climate’s sake, Canada Pension Plan needs to take a serious look at its investments

Sep 10, 2021
The Canada Pension Plan (CPP) manages the pensions of 20 million Canadians. In a recent Corporate Mapping Project report, we found that the CPP has increased the number of shares it owns in fossil fuel companies since Canada signed the Paris Agreement five years ago. The CPP’s total fossil fuel investments across its entire portfolio… View Article

BC Budget 2021: Stay-the-course budget misses the mark on key areas of urgency outside health

Apr 20, 2021
The BC government tabled a surprisingly stay-the-course budget today, making some improvements on the margins but missing the opportunity to shift BC towards a more inclusive and sustainable economy. While it appropriately includes large sums of time-limited spending relating to the pandemic (and indeed BC has led other provinces on pandemic spending), it is scarce… View Article

Basic income panel calls for major reforms to income security in BC

Mar 29, 2021
When the final report of BC’s Basic Income Panel came out in January, the media coverage was largely reduced to a few dismissive headlines that the panel had rejected basic income. Behind the headlines, however, is a comprehensive and thoughtful analysis of the state of poverty in BC and the large number of existing programs,… View Article

Now is the time for BC to double down on commitment to $10-a-day child care

Mar 18, 2021
A year into the pandemic, there is a near-universal realization across Canada that the recovery must include large-scale public investments to build a quality, affordable child care system. This would enable parents with young children, in particular mothers, to return to work or pursue educational opportunities to support children’s healthy development in the early years… View Article