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  • The Wild West? Come on! Put your emotions in check

    The on-line newsmagazine, The Tyee, recently ran an opinion piece of mine under the headline “The Wild West and Dysfunctional BC Politics: Fracking and sour gas deserve debate, but get cartoon treatment from the Clark government.” My special thanks to Tyee editor David Beers or whoever it was who chose…

  • Capitalism is the Crisis (Part III)

    Time to sow seeds of a better world, says Vandana Shiva British colonial rule in India led to the killing of 200 million Indians and, with this holocaust, the country was forced into the Western capitalist system. Capitalism and imperialism created an abyss of poverty in India which continues today…

  • Have we completely bought the idea that “There Is No Alternative”?

    Once again, over the last few weeks Canadians have had energy costs on our minds. Prices at the pump rocketed up to nearly $1.50, while the price of a barrel of oil was actually going down. What can we possibly do?  Industry officials blame unrest in the Middle East and…

  • The coming austerity

    With the Financial Times lamenting the “end of the era of liberalization” and the “death of global free-market capitalism” and Newsweek declaring “we are all Socialists now,” one could be forgiven for believing that the worst excesses of neoliberalism have been relegated to the dustbin of history. But for all…

  • Capitalism is the Crisis (Part II)

    Corruption, corporate power, inequality must all be curbed India’s poor rural majority has benefited little from the country’s economic boom, and in fact has seen its position worsen. The same pro-free-market economic reforms that have made India attractive to Western capital and benefited the urban-based middle and upper classes have…

  • Financial markets must be regulated to avoid another Minsky moment: report

    CLICK HERE TO VIEW THE FULL REPORT OTTAWA—In a report released today by the Canadian Centre for Policy Alternatives (CCPA), two prominent economists warn of the ongoing the inherent instability of financial markets. The report, by Doug Peters, former Secretary of State (Finance) and former TD Bank Chief Economist, and…

  • “Fiscal imbalance” caused by interprovincial tax competition–study

    OTTAWA—The largest contributor to the so-called fiscal imbalance, is interprovincial tax cut competition—not federal cuts in transfer payments, says a study released today by the Canadian Centre for Policy Alternatives. The study, by CCPA Research Associate Hugh Mackenzie, shows that federal cuts in transfers to the provinces had little real…

  • “Buy American” bogeyman: Instead of fretting about US purchasing policies, we should focus on stimulating Canada’s economy and local communities

    Who knew? It turns out the biggest threat to the Canadian economy and jobs is not collapsed global financial institutions, weak markets, lack of innovation or declining infrastructure. No – apparently the clear and present danger Canada suddenly faces is “Buy American.” As if out of nowhere, Buy American policies…

  • Seniors Care

    Continued reductions in access to seniors care lead to hospital overcrowding, longer wait times: study

    CLICK HERE TO VIEW THE FULL REPORT (Vancouver) BC seniors face continued reductions in access to key home and community care services, with serious consequences for hospital overcrowding and wait times. That’s the central finding of a study released today that includes new data, obtained from the Ministry of Health,…

  • Fuelling Wars, Supplying the Warmongers

    Canadian gov’t heavily subsidizing our military companies Between 2003 and 2006, Canada’s war industries profited from at least $7.4 billion in exports to 88 foreign governments.  Of these Canadian military exports, 93% ($6.8 billion) went to 62 nations with troops fighting in major armed conflicts.  Of these 62 warring nations…

  • Will Harper’s superiority complex contribute to the next financial crisis?

    The mantra of the Harper government is that the Canada’s banking sector is a bright star in the banking heavens. No public opportunity is lost to take credit for the resilience of Canadian banks during the 2008 financial crisis: “Without wanting to appear arrogant or vain, which would be quite…

  • Climate Justice Project

    Subsidizing dirty industries with expensive clean electricity is a recipe for major rate hikes

    Premier Clark’s recent decision to cap the BC Hydro rate increases next year may have ratepayers breathing a sigh of relief. But it’s a short term fix that will only delay addressing the major financial challenges now facing our Crown utility. Once the 2013 election is over, whoever forms BC’s…