Economy

BC oil and gas royalty review seriously flawed without consideration of water

Nov 25, 2021
By
Open letter to the provincial government As prospects grow for intensified gas extraction in our province, we applaud the provincial government’s decision to review British Columbia’s decades-old oil and gas royalty regime. This once in a generation review is essential, given the significant threats posed to the climate and the environment by continued fossil fuel… View Article

Old-growth deferrals and the elephant in the room: we’re out of trees to cut thanks to failed provincial policies

Nov 12, 2021
By , , and
No one should be surprised that the British Columbia government’s decision to potentially defer logging in 26,000 square kilometres of old-growth forest angered many and pleased few. First Nation leaders were highly critical of the incredibly short, 30-day turnaround that the government imposed on them to respond to the deferral proposals, the paltry funding provided… View Article

84 doctors, health experts & economists across Canada call on BC government to show national leadership with 10 days paid sick leave

Oct 21, 2021
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As economists and health experts from across Canada, we urge the BC government to implement a robust employer-paid sick leave program that includes at least 10 paid sick days for workers. Employer-paid sick days are already a right of workers in most developed countries around the world, including a majority of OECD countries, because they… View Article

Five lessons from BC’s horrific wildfire season

Oct 7, 2021
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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
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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
By , and
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