On March 12th, the CCPA released the Alternative Federal Budget 2013: Doing Better Together. This year's AFB shows how growth-killing austerity can be replaced by a plan that strengthens the economy, leads to a better quality of life for all Canadians, and eliminates the deficit by 2016.
This year's Alternative Federal Budget:
- reduces poverty and inequality by investing in child care, pharmacare, affordable housing, income supports, and post-secondary education,
- tackles the ongoing crisis for First Nations housing, drinking water, education,
- implements a long term, transparent and public plan for investments in infrastructure,
- creates 300,000 jobs, lowering the unemployment rate to 6% by 2014, and
- introduces a new top personal income tax bracket, closes the biggest tax loopholes, and introduces a withholding tax on tax havens.
Senior Economist Armine Yalnizyan recently appeared on CBC Toronto's Metro Morning to discuss the Alternative Federal Budget. You can listen to the discussion, here.