The unmitigated, seasonal, and repeated spread of COVID-19 is forecasting disaster as a mass disabling event. Not only does it represent the ableist exclusion of immunocompromised Canadians, many of whom will have become so as a result of the pandemic itself, it also suggests a continuous hemorrhaging of workers through chronic illness in already tight labour pools. Research shows that structural answers can help mitigate some of the risk, and get us closer to achieving a Canada that’s accessible to all: We have to fix the air we breathe.
Living Wages in Nova Scotia 2022
Nova Scotia’s living wages are calculated annually to reflect changing living expenses.
Nova Scotia’s living wage rates for 2022 are: Annapolis Valley ($22.40), Cape Breton ($20.00), Halifax ($23.50), Northern ($20.40), and Southern ($22.55). The wages all increased from between 5% and 8%.
The Monitor, September/October 2022
The concerning rise of corporate medicine
Private surgeries and medical imaging are big business in BC. Over the last two decades, this for-profit sector has benefited from increased outsourcing of publicly funded procedures and unlawful patient extra-billing.
Private surgeries and medical imaging are big business in BC
Nearly $400 million in public funding went to private surgical and diagnostic imaging clinics in BC between 2015/16 and 2020/21, including clinics that have engaged in unlawful extra-billing. This new report recommends that public funding instead be used to build up the public health care system to reduce wait times.
Bank of Canada has zero per cent success rate controlling inflation at present level without recession: analysis
OTTAWA—The Bank of Canada has never been successful engineering a “soft landing” from high inflation by rapidly hiking interest rates, according to a new historical analysis released today by the Canadian Centre for Policy Alternatives.
In fact, every time over the past 60 years that interest rates were hiked quickly to bring down inflation by the amount currently targeted by the Bank of Canada, it resulted in a recession.
Canada’s fight against inflation: Bank of Canada could induce a recession
History tells us that the Bank of Canada has a 0% success rate in fighting inflation by quickly raising interest rates. It's time for a different playbook. Read the new analysis from CCPA Senior Economist David Macdonald.
CCPA endorses post-MC12 call to action: Break Big Pharma-WTO stranglehold on access to medicine
The CCPA's Trade and Investment Research Project is one of hundreds of international civil society groups to endorse the following call to action, which was issued on June 16 following the conclusion of the WTO's 12th ministerial conference, MC12, in Geneva. The call to action is a response to the substandard TRIPS waiver text agreed by WTO members after nearly two years of delaying from wealthy countries, including the EU, U.S. and Canada.
Corporate profits capturing more of economic recovery
A new analysis from CCPA Senior Economist David Macdonald shows corporate profits are capturing more economic growth than in any previous post-recession recovery period over the past 50 years; workers are capturing among the least. Read it here.
Corporate profits capturing more of economic recovery compared to any recession in last half century
OTTAWA—Inflation is holding back a worker-led pandemic economic recovery, but corporate profits have captured more in this recovery than after any previous recession, according to new analysis by Canadian Centre for Policy Alternatives (CCPA) Senior Economist David Macdonald.
Macdonald examined how corporations and workers fared following the six recessions over the past 50 years and discovered corporate profits went up by an unprecedented 2.8 points of GDP amid the COVID-19 pandemic.