Fall economic statement should include tax filing help, banking reforms, say advocates for lower income Canadians

Finance Minister Chrystia Freeland says this year’s fall economic statement will be ‘narrowly focused’ on three areas: housing, affordability, and fiscal responsibility.
We need sustainable finance tools to invest in Canada’s success

The government-appointed Sustainable Finance Action Council has produced a ‘roadmap’ for a taxonomy that could unlock billions of dollars in climate investments. The next step is for the feds to support its development and implementation, writes Roger Beauchemin.
Economic turmoil, irrepressible housing bubble leave Liberals playing for time

As long as the economy remains the central political issue, the Liberals’ only real friend is the time between now and the likely federal election in 2025.
Freeland’s economic update needs to be realistic and honest

Canada has put off facing reality for too long; we cannot take our future for granted any longer. We need a government—and a country—that recognizes that and is prepared for hard choices.
Guaranteed livable income is a basic solution for Canada’s hard economic times

The current economic climate is difficult for many, and the current approach to income supports only exacerbates it. But we believe the federal government has the tools to provide families with a real solution.
Finance Canada ragging puck on crucial policies needed to drive clean-energy transition

Climate risk disclosures and voluntary commitments are good but won’t help foster change in business-as-usual banking and investment. Chrystia Freeland could spur the action by quickly finalizing the taxonomy and investment tax credits.
‘Significant risk’ of economic pain could outweigh the reward of Canada’s unilateral digital services tax: Geist

With the latest PBO estimate projecting $7.3-billion in possible revenue, Liberals could be underestimating the allure of retaliatory tariffs on lumber, steel, and dairy ahead of a contentious U.S. presidential election, say observers.
Pharmacare means pharmaceuticals will be more affordable for everybody, writes Thomlinson
I was disappointed in the story about the PBO analysis of the cost of pharmacare and its focus on the question “what is its purpose?” Actually, the purpose is self-evident: to make pharmaceuticals more affordable for everybody. It is too clever by half to keep repeating the mantra that only 14 per cent of non-hospital […]
Canada’s on the wrong side of the big issues

If we had pride in our country and its place in the world, we would be leading the way in the transition to a new global order, just as we played key roles in designing the postwar system in 1945. But we’re more worried about pleasing the U.S. than in working for something better.
Liberals risk ‘intense criticism’ from Conservatives if pharmacare grows federal deficit, says pollster Bruce Anderson

Recent reports from the Parliamentary Budget Office found that a universal pharmacare program could cost both provincial and federal governments $11.2-billion in its first year, while the federal deficit is already projected to grow to $46.5-billion next year.