Economy

Smoke stack

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

Sep 10, 2021
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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
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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
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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
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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

Rosenbluth Lecture 2021: Peter Victor, Slower by Design, not Disaster

Mar 12, 2021
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The Gideon Rosenbluth Memorial Lecture was held virtually in February. The lecture is in honour of Gideon Rosenbluth, who was an esteemed professor of economics at the University of British Columbia and a research associate with the CCPA’s BC Office.  As a young person, Peter Victor looked at the now-iconic, then newly minted image of… View Article

Wealth tax would raise far more money than previously thought

Mar 11, 2021
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While the lives of millions of working people have been upended by the COVID-19 pandemic, the wealth of the richest few has continued to balloon in Canada. A wealth tax on the super rich is an important policy needed to address extreme inequality and help raise revenue for sustained, long-term increases in public investment in… View Article