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  • Help us build a better Ontario September 14, 2017
    If you live in Ontario, you may have recently been selected to receive our 2017 grassroots poll on vital issues affecting the province. Your answers to these and other essential questions will help us decide what issues to focus on as we head towards the June 2018 election in Ontario. For decades, the CCPA has […]
    Canadian Centre for Policy Alternatives
  • Does the Site C dam make economic sense for BC? August 31, 2017
    Today CCPC-BC senior economist Marc Lee submitted an analysis to the BC Utilities Commission in response to their consultation on the economics of the Site C dam. You can read it here. In short, the submission discussses how the economic case for Site C assumes that industrial demand for electricity—in particular for natural gas extraction […]
    Canadian Centre for Policy Alternatives
  • Ontario's middle and working class families are losing ground August 15, 2017
    Ontario is becoming more polarized as middle and working class families see their share of the income pie shrinking while upper middle and rich families take home even more. New research from CCPA-Ontario Senior Economist Sheila Block reveals a staggering divide between two labour markets in the province: the top half of families continue to pile […]
    Canadian Centre for Policy Alternatives
  • Join us in October for the CCPA-BC fundraising gala, featuring Senator Murray Sinclair August 14, 2017
    We are incredibly honoured to announce that Senator Murray Sinclair will address our 2017 Annual Gala as keynote speaker, on Thursday, October 19 in Vancouver. Tickets are now on sale. Will you join us? Senator Sinclair has served as chair of the Truth and Reconciliation Commission (TRC), was the first Indigenous judge appointed in Manitoba, […]
    Canadian Centre for Policy Alternatives
  • How to make NAFTA sustainable, equitable July 19, 2017
    Global Affairs Canada is consulting Canadians on their priorities for, and concerns about, the planned renegotiation of the North American Free Trade Agreement (NAFTA). In CCPA’s submission to this process, Scott Sinclair, Stuart Trew and Hadrian Mertins-Kirkwood point out how NAFTA has failed to live up to its promise with respect to job and productivity […]
    Canadian Centre for Policy Alternatives
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Archive for May, 2013

GDP: Resource Exports Cover for Domestic Weakness

Statistics Canada reported today that GDP grew by 0.6% in the first quarter. The volume of energy and mining exports expanded by more than 5%, offsetting lower exports of many manufactured goods as well as a weak domestic economy. Consumer spending growth slowed to 0.2% in the first quarter of 2013, its lowest rate of […]

The Senate and Bank Mergers

L. Ian MacDonald wrote a defence of the Senate in today’s Montreal Gazette. He makes the familiar argument that it provides useful study of policy issues. However, his first example is the 2002 Senate report supporting bank mergers. In the wake of the global financial crisis, we should be glad that opposition MPs like Lorne Nystrom […]

The CFIB’s Municipal Manipulations

After analyzing “research reports” issued by the Fraser Institute or the Canadian Federation of Independent Business (CFIB), I usually end up shaking my head in disbelief. Do they really need to so grossly distort and manipulate the statistics to make their arguments? The answer is invariably “yes”.  That’s because the underlying facts are often so […]

Earnings Up, But Employment Down

Today’s payroll figures indicate that, while average weekly earnings rose, the number of employees on Canadian payrolls declined by 22,100 in March. This decline was concentrated in Quebec, where payroll employment fell by 20,900. Ontario also suffered a decline of 9,200, which was partly offset by gains of 3,300 in Manitoba and 1,900 in Nova […]

Investment Canada Act’s Tradition of Ad-Hockery Continues

I was invited to appear before the House of Commons Industry Committee this week on the subject of Bill C-60, this year’s omnibus budget bill. 18 paragraphs of that long bill describe proposed amendments to the Investment Canada Act, aimed at codifying the policy changes announced by Prime Minister Stephen Harper late last year (in […]

Falling EI Benefits Amid Rising Unemployment

Statistics Canada reported today that 5,200 fewer Canadians received Employment Insurance (EI) benefits in March, even though 6,800 more Canadians filed EI claims. The Labour Force Survey indicates that 42,100 more Canadians were unemployed in March. In other words, the federal government provided benefits to fewer workers despite a spike in unemployment and more applications […]

Regina Hosed by P3 Waste Water

Regina City Council has voted to proceed with a 30-year public-private partnership (P3) in which a private company would design, build, finance, operate and maintain the city’s new waste water treatment facility. The municipal administration’s rationale has been that, although a P3 will be more expensive than traditional public financing, it is required to access […]

Inflation Collapse Confounds Monetary Hawks

Statistics Canada reported today that inflation collapsed to just 0.4% in April. The Bank of Canada’s core inflation rate, which excludes volatile items, fell to 1.1%. Continued low inflation does not provide a rationale to raise interest rates. Perhaps for that reason, Canadian monetary hawks have shifted their rationale for higher interest rates. In 2011, […]

Don’t Privatize ISC

My op-ed in today’s Saskatoon StarPhoenix (page A11): Privatizing ISC is a poor deal for Saskatchewan The provincial government estimates that selling 60 per cent of the Information Services Corporation will raise up to $120 million for infrastructure investment. Is that a good deal for the people of Saskatchewan? Last year, ISC generated $20 million […]

Business journalists go on the attack; demonize Atlantic seasonal workers

The following is a guest post by Nick Fillmore. National business journalists and columnists have bought into Prime Minister Stephen Harper’s demeaning view that folks in the Atlantic region are backward and have a defeatist attitude. Framed in contemptuous language, they’re promoting untested economic ideas that, if adopted, would seriously damage the economy – and […]

Youth Still Stuck in the Recession (Dude, where’s my job?)

The real unemployment rate for Canadians over 25 was 8.8% in April. Not great, for sure, but slightly better than it was in 2009. For youth 15-24, it was up from last April – to 20.9% – so more than 1 in 5 youth are looking for work and can’t find it. In Ontario, it’s closer to […]

Labour Force Participation Below Two-Thirds

This morning, Statistics Canada reported an apparently decent month of data for April, with a modest increase in employment, all full-time and all in paid positions rather than self-employment. Despite this seemingly good news, the total number of Canadians participating in the labour force edged down. As a result, the participation rate declined to 66.5 […]

Child poverty rampant in Canadian cities

The story of child poverty in Canada is very much an urban story. One out of every 10 children living in urban areas was poor in 2010, compared to one in 20 children living in non-urban areas. Three quarters (or 76%) of all poor children in Canada lived in one of the urban centres shown […]

Re-reading Hirschman

Since I was a graduate student in the last millennium, I’ve been fascinated by the role of the cotton textile industry in recent economic history, beginning with that momentous event still being heard around the world, the First Industrial Revolution. It just caught fire in Bengladesh. There are books about cotton as a staple – […]

Ontario Budget: All Quiet on the Revenue Front

As others have noted, last week’s Ontario budget combined modest social investments in areas requested by the NDP with austerity for overall expenditures. Ontario program spending, already the lowest per capita of any province, will be subject to ongoing cuts relative to inflation. This paradox on the expenditure side of the ledger reflects a vacuum […]

Niall Ferguson’s Latest Idiocy

As I discussed in an earlier post, Niall Ferguson, the Harvard historian and author of numerous bad books about economics, is prone to writing and saying completely ignorant things, making one wonder about the intellectual heft of so-called academic “stars” who populate our institutions of higher learning. The latest bit of idiocy uttered by Ferguson […]

Polozogistics: Nine Thoughts About the Choice of the New Bank of Canada Governor

  1. He’s Number Two: Stephen Poloz was widely acknowledged in economic and political circles as the second-best choice for the top job at the Bank of Canada. So the surprise was not that he was chosen. The surprise was, Why Not Tiff Macklem? Will someone please find out and tell the rest of us? 2. […]