We’re pleased to present this very topical post by Edgardo Sepulveda examining what has caused Ontario’s rising high electricity prices. This is Edgardo’s second guest post as a PEF member, following his, first, which was an analysis of the impact of fiscal policy changes on post-tax income distribution. Edgardo has been an international consulting economist and expert advising Governments and operators […]
Read moreAlmost a century ago W.A. Mackintosh and Harold Innis created the staple approach to Canadian studies which came to be the core of “Canadian political economy.” Post World War II the staple approach was revised and rejuvenated, and became the core of what was now called “the New Canadian Political Economy.” There have always been doubters about the efficacy of […]
Read moreWe just published a new report, Extracted Carbon: Re-examining Canada’s contribution to climate change through fossil fuel exports, by yours truly. It is part of the Corporate Mapping Project, a new mega research partnership led by CCPA’s Shannon Daub and UVic’s William Carroll. The new report tallies up all of the carbon Canada extracts as fossil fuel that ends up […]
Read moreFor years, we’ve been told the dictates of globalization, and the intrusive and prescriptive terms of free trade agreements in particular, are immutable, natural, and unquestionable.
Read moreIn September, I expressed my concerns that the new Canada Child Benefit (CCB) may not be responsible for a 40% reduction in child poverty as claimed by the Minister of Employment and Social Development Canada (ESDC). Using Statcan’s tax modelling software SPSD/M, I calculated that you’d get a 14% drop in child poverty due to the CCB by 2017, not […]
Read moreThe 2017 PEF Student Essay Contest is officially open! The deadline for submitting essays is May 02, 2017. Please use this submission form (fiche d’inscription concours). You can download a poster (English, Français) here — please help us out and post one in your department. 2017 PEF ESSAY CONTEST RULES ELIGIBILE ENTRANTS Open to all Canadian students, studying in Canada […]
Read moreOver at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “How Housing Policy Benefits from a Socioeconomic Perspective.” Points raised in the blog post include the following: -Leaders in Canada’s non-profit housing sector should think beyond just housing, and think hard about the importance of economic and social factors that have an impact on […]
Read moreThis weekend, Quebec unions and activists issued a joint statement on the appeals process in Employment Insurance, calling on Trudeau to review the appeals process. The 2012 budget removed part-time panels of three community representatives – one labour, one business, and one government, and replaced them with full-time adjudicators working on their own. The joint statement contains some very good […]
Read moreA guest blog post from Mario Seccareccia, Professor of Economics, University of Ottawa The NDP went through a roller coaster ride in 2015. It would seem that the party still hasn’t fully recovered from the outcome of that election, and it will probably remain so until it elects a new leader and gets its “policy house” in order. At the […]
Read moreOver at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “Ten things to know about Canadian attempts to count homeless persons through Point-in-Time Counts.” Points I raise in the post include the following: -Efforts to enumerate homeless persons in Canada often have mixed objectives. In part, an attempt is made to capture an accurate […]
Read moreThe Americans shocked the rest of the world by electing Donald Trump last Tuesday. Pierre Trudeau suggested that Canada’s proximity to the US was like “sleeping with an elephant”, and thus Canadians are particularly concerned about what this means. Canada’s most preeminent political economist, Harold Innis, can offer some lessons. Innis is known for the “staples” approach, which examined the […]
Read moreI presented at the Standing Committee on International Trade’s incredibly brief review of the implementing legislation for CETA. With me were representatives from the Business Council of Canada, the Chamber of Commerce, and the Canadian Cattleman’s Association. There are only two more meetings scheduled, and there are no IP experts, no pharmaceutical experts, no representatives from either our shipping industry […]
Read moreThe Calgary Homeless Foundation (CHF) has just released its updated Research Agenda (which I co-authored). CHF is a non-governmental organization that disburses funding to non-profit organizations in Calgary to help persons experiencing homelessness. Our Research Agenda is a bit like an annual report on our research (except it typically comes out once every two years). The following points are worth […]
Read moreAbridged Text of Remarks to Panel on Canadian Political Economy in Commemoration of Abraham Rotstein and Stephen Clarkson, Department of Political Science, September 16 2016 Let us cast our minds back to the decade of the 1960 – which I recall as the best of times – as the time of the transformation of the old Political Economy centered on […]
Read moreThe very narrow and brief on-line consultations around parental and caregiving leaves finishes today. As we’ve done in the past, a coalition of community and labour organizations worked together to develop a common list of policy asks. Even though the official consultation is finished, we encourage concerned individuals and groups to submit their own recommendations to ESDC and Minister Duclos. […]
Read moreOver at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “Do Calgary and Edmonton need more power and resources?” The blog post comes as the Government of Alberta considers the possibility of, well, giving more power and sources to both Calgary and Edmonton. Points raised in the blog post include the following: -While most […]
Read moreFinance Minister Bill Morneau tables his Fall Economic Statement on 1 November. We’ll likely find out then whether he has some has real treats, or if they’re planning more privatization tricks for provincial and municipal governments, as his business-dominated Advisory Council on Economic Growth proposed in the form of a public-private infrastructure bank (and through their new term for privatization, creating a […]
Read moreThis fall, Canada’s Parliament will debate a proposal to expand the Canada Pension Plan (CPP). And over at the Behind the Numbers web site, I’m co-author of a blog post titled “Ten things to know about the CPP debate.” The blog post’s other co-authors are Allan Moscovitch and Richard Lochead. Points raised in the blog post include the following: -CPP […]
Read moreFinance Minister Bill Morneau has taken quite a bit of heat for his tone deaf comments about the reality of precarious work, specifically saying that we should just “get used to job churn”. His policy prescription, an improved social safety net, is actually a valid part of the solution. But must we accept that the precarious will always be with us? […]
Read moreHere is a link to my review of an extremely interesting new book by Guardian economics and political columnist Paul Mason. “Paul Mason is a leading British economic journalist, currently a columnist for The Guardian. He is also a long time left political activist. His new book, Postcapitalism: A Guide to Our Future (Farrar, Strauss and Giroux. New York. 2015) […]
Read moreI was somewhat surprised to see Stephen Poloz recently urging economists to do more work identifying and disseminating research on the supposed benefits of free trade. That’s slightly beyond his job description (perhaps more fitting with his last position as head of Export Development Canada). But like economic leaders elsewhere in the world, Mr. Poloz is obviously concerned with the […]
Read moreI’ve written a blog post titled “Ten things to know about Canada’s guaranteed annual income debate.” Points raised in the blog post include the following: -There are people and groups on both the left and right of the political spectrum who favour a Guaranteed Annual Income (also known as a “basic income”). -One reason for support on both the left […]
Read moreOver at the web site of the Calgary Homeless Foundation, I’ve written a blog post about Canada’s National Housing Strategy consultations. The link to the blog post is here. Points raised in the blog post include the following: -In Canada, public social spending as a percentage of our GDP is well below the OECD average. -The amount of housing stock […]
Read morePrime Minister Trudeau leads a big entourage to China this week, in hopes of expanding Canada’s foothold in that huge economy. A couple of interesting media stories today set the stage for the visit: an overview of China’s evolving diplomatic and economic strategies by Andy Blatchford of Canadian Press, and a review of China’s growing emphasis on migrant labour provisions […]
Read moreOver at the Behind the Numbers web site, Allan Moscovitch, David Macdonald and I have a blog post titled “Ten Things to Know About Federal Income Support for Low-Income Seniors in Canada.” The blog post argues—among other things—that if the age of eligibility for Old Age Security were to move from 65 to 67, the percentage of Canadians aged 65 […]
Read moreEvery 5 years the federal Finance Minister updates the “marching orders” that guide the Bank of Canada and its conduct of monetary policy. This process is the one opportunity for democratic oversight of the Bank, which otherwise is deemed to be operating “independently” of government — all the better to ensure that it has the authority to take away the […]
Read moreDo you ever lie awake wondering what it is that Finance Canada, the Privy Council Office and Treasury Board Secretariat actually do? Well, wonder no more my friends! Over at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “Ten things to know about central agencies in Canada.” Here’s the link to the post.
Read moreOver at the web site of the Calgary Homeless Foundation, I’ve written a blog post about the First Annual Canadian Homelessness Data Sharing Initiative. The link to the blog post is here.
Read moreHere’s another review of Jim Stanford’s Economics for Everyone, 2nd edition, this one by guest contributor and MMT aficionado Larry Kazdan. Review of Jim Stanford’s /Economics for Everyone by Larry Kazdan Jim Stanford has written a superb book which deserves pages of admiration and praise – a truly impressive body of work that introduces to the public an alternative vision of progressive […]
Read moreMost of the world economy (including Canada’s) has performed sluggishly since the Global Financial Crisis of 2008-09. And many economic and fiscal projections now accept this pattern of slow growth as more-or-less inevitable, as a “new normal.” This argument is typically invoked to justify a ratcheting down of expectations regarding job prospects, incomes, and public services. In my view it’s […]
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