Skip to main content

Skip to main navigation

Financial means for social reinvestment exist but what about the political will?

OTTAWA--On the eve of the Speech from the Throne, Canada finds itself at an historic moment: will Paul Martin as Prime Minister be any different than Paul Martin as Finance Minister--The Man Who Killed Big Government?

Paul Martin's Permanent Revolution, by economist and CCPA Research Fellow Armine Yalnizyan, details how Paul Martin's reign as the federal Finance Minister brought about lasting change by shrinking the scope and role of government, neutering funding mechanisms, and deeply cutting spending, even for programs the government was committed to providing.

Though there is now more economic capacity to meet the needs of Canadians than at any other time in our history, as a result of Paul Martin's zeal for tax cuts, debt repayment, and permanent restructuring, there are fewer resources devoted to these purposes. Virtually all social development initiatives to cover the human basics identified in the 1948 Universal Declaration of Human Rights - clean water, shelter, food, health care and education - are increasingly in jeopardy for growing numbers of Canadians.

"Given that the federal government's coffers and political support are unusually robust at this point in our history, it is entirely possible for a political leader to launch something truly revolutionary for our times," concludes Yalnizyan.

"It presents an opportunity for Paul Martin to prove that he is not yesterday's man and, instead, launch a revolution worth starting, one that reinvests in the future of all Canadians."

Find Publications

Support Our Work

The CCPA Monitor is the only place I know that one can go to for accurate and honest reporting on the state of the world. I would hate like hell to ever be without The CCPA Monitor; it would be like losing my sight and my hearing. I heartily recommend it to anybody who gives a damn about the condition of the world.

— Farley Mowat

Join or Donate

Email Newswire

Stay up to date on new research:
About our newswire service
CCPA National Office | Suite 500, 251 Bank Street, Ottawa ON, K2P 1X3 | Tel: 613-563-1341 | Fax: 613-233-1458 | E-mail: ccpa@policyalternatives.ca
© 2013 Canadian Centre for Policy Alternatives | research • analysis • solutions | Want to use something on this site? View our terms of re(use)
Website Design & Development by Raised Eyebrow Web Studio