Budget should bolster commitment to workers in changing economy
If the government is going to provide billions of dollars in tax incentives to the private sector to meet a net-zero carbon-based energy economy, then that revenue from the treasury must help to create good, middle-class jobs.
Employee ownership trusts a promising new model to keep businesses and property in Canada
The benefits of legislating EOTs into our Income Tax Act are plentiful. When businesses are sold to their employees, it helps support local economies and protect jobs, and it contributes to employee wealth. In this age of increasing affordability challenges, building wealth for Canadian workers is a great way of mitigating inequality.
The politics of budget-making as Canadians brace for stagflation
Finance Minister Chrystia Freeland is trying to rein in spending at a time when the expected economic downturn could significantly worsen Ottawa’s deficit position.
Canada talks a big game, but its innovation sector doesn’t walk the talk
Federal policy, which is more transactional than strategic, is turning Canada into a branch plant economy—a derivative economy in which we help foreign corporations grow and profit in exchange for jobs, while making us dependent on maintaining the goodwill of foreign investors to keep those jobs.
Will Justin Trudeau stop the biggest beer tax increase on Canadians in 40 years?
The excise tax ‘escalator’ is badly flawed policy, and there are many valid reasons to defer further scheduled tax increases until inflation returns to more normal levels.
It’s on all of us to curb anti-democratic trends
Programs and initiatives that are context-dependent, local, and plentiful provide alternatives to the digital divide and our growing polarization through action and collective power.
Why Freeland’s next budget has to be an honest one
This cannot be another lost opportunity, because Canada can’t really afford that. Our future is at stake.
Feds seek parliamentary approval for $198.1-billion in budgetary spending for next fiscal year
The main estimates for 2023-24 detail $432.9-billion in planned spending, although Budget 2023 will introduce further cash commitments for the fiscal year.
Canada Innovation Corporation’s been a long time coming, but there’s ample room for skepticism
The CIC may bring some small economic improvement. But we need a much better picture of what the future needs than Ottawa is currently offering, or maybe even capable of offering, for real success.
Government seeks $10.3-billion in extra spending to close out the fiscal year
If approved before March 31, the government’s final spending update for 2022-23 would bring total budgetary spending for the year to $443.3-billion, a 7.1 per cent increase over the previous year.
