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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…
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“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…
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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,…
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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…
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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…
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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…
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September 2004: A New “Social Architecture” For Canada?
Planned redesign of social programs could spur privatization Policy-makers are quietly and stealthily planning to redesign Canada’s social programs—or, in the jargon so popular in social policy circles, they are trying to develop a new “social architecture” for Canada. And, no, it has nothing to do with the recent election—although,…
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Fuelling the NS Power Debate: New CCPA-NS Report
Halifax, NS – Nova Scotia Power Inc. has many people angry and galvanized, looking for alternatives. Their anger is fuelled by the seeming contradiction of a private company owning a public resource, making windfall profits, boosting its salaries to top executives into seven figures, and then asking Nova Scotians to…
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EI system failing recession “stress test”—report
CLICK HERE TO VIEW THE FULL REPORT OTTAWA—Canada’s Employment Insurance system is failing the “stress test” of the recession and fixing it must be a key priority in the upcoming federal budget, says a new report from the Canadian Centre for Policy Alternatives (CCPA). According to the report, even as…
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Mountain Pine Beetle and Forest Carbon in BC
https://vimeo.com/8623368 Mountain pine beetle attacks have decimated BC’s pine forests, seriously damaging their ability to store carbon and protect against global warming. An effective response to the beetle attacks will involve much more than just clearcutting dead trees.
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Message to Health Minister: Enough with the numbers game – it’s time to deal with serious problems in seniors’ care
With an election on, it’s no surprise that the provincial government is claiming success on everything from the environment to the economy. But one area where it hasn’t earned bragging rights is seniors’ care. The home and community health care system that seniors and their families rely on is in…
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Fast Facts: A welcoming home for refugees – removing the stigma and increasing the support
Refugees across Canada are facing a structural housing crisis. Stagnant shelter allowances for the Government Assisted Refugees eligible to receive them, a federal retreat from social housing provision, and skyrocketing housing costs in numerous Canadian cities since the early 1990s, have all contributed to this. The Manitoba Interfaith Immigration Council…
