Child care fees in Canada 2017
This study, the fourth in a series beginning in 2014, reveals the most and least expensive cities for child care in Canada. The study provides an annual snapshot of median parental child care fees in Canada’s 28 biggest cities for infants, toddlers, and preschoolers. For the first time ever, the study also includes child care fees in selected rural areas.
The study finds that child care fees have risen faster than inflation in 71% of the cities since last year, and in 82% of cities since 2014.
In this submission to the BC Fair Wages Commission, the CCPA-BC highlights the urgency for British Columbia to adopt a $15 minimum wage by March 2019.
BC’s current minimum wage is a poverty-level wage. Low-wage workers need a significant boost to their income and they have been waiting a long time. Over 400,000 British Columbians—22 per cent of all paid employees in the province—work for less than $15 per hour and they would significantly benefit from a $15 minimum wage.
Pension deficits and shareholder payments among Canada’s largest companies
This study examines the status of the defined benefit (DB) pension plans of Canada's largest publicly-traded companies. Thirty-nine companies on the S&P/TSX 60 maintain DB pension plans, amounting to one-third of all private sector pension plan assets in Canada. However, only nine plans were fully funded in 2016. Together, the 39 companies oversaw a $10.8 billion deficit in their pension plans in 2016, while increasing shareholder payouts from $31.9 billion in 2011 to $46.9 billion last year.
OTTAWA—Last year, Canada’s largest publicly-traded companies paid out four times more to shareholders than it would have cost to fully fund their defined benefit (DB) pension plans, according to new research released by the Canadian Centre for Policy Alternatives (CCPA).
Thirty-nine companies on the S&P/TSX 60 maintain DB pension plans, amounting to one-third of all private sector pension plan assets in Canada. However, only nine plans were fully funded in 2016.
Add your voice to the call
Today the CCPA's BC Office joined with 16 other community, First Nation and environmental organizations to call for a full public inquiry into fracking in Britsh Columbia.
The call on the new BC government is to broaden a promise first made by the NDP during the lead-up to the spring provincial election, and comes on the heels of new revelations about the fracking process, including:
A midterm report card for the Liberal government