The BC government is holding its annual public consultation on Budget 2021 this June, inviting British Columbians to share their priorities for government investment next year. BC Budget 2021 will have to tackle the impacts of the COVID-19 crisis—the full extent of which are still largely unknown. It is hard…
In a Vancouver Sun opinion piece, Laura Jones of the Canadian Federation of Independent Business warns against minimum wage increases, calling it “Fa-la-la economics”. Perhaps it’s not the season to be so Grinch-like. Jones is right about one thing – the minimum wage is not a magic cure for our…
British Columbians who expected to see any meaningful action on the economy tonight were greatly disappointed by Premier Campbell’s address. In a paid television appearance (*update* which we now know cost $240,000), the Premier attempted to set the record straight on HST and claimed to be concerned about the economy…
Even if we take that 905,000 figure at face value—CERI makes a wide variety of optimistic assumptions and an accurate 25-year employment forecast is pretty farfetched—it works out to just 36,000 new jobs per year. And if we cut out indirect and induced employment, the report says the oil sands will…
This commentary, by Michael Bradfield, a member of the Nova Scotia Hydraulic Facturing (Fracking) Review Panel, clarifies the economics of adopting a serious ban on exploration and exploitation of shale gas reserves. Attachments Fracking—Dollars and Sense
Happy to announce that the CCPA-BC has released its third documentary film, a video series entitled The Good Life – The Green Life. This project has been about two years in the making, led by our communications director Shannon Daub. I encourage you to visit the special website created for…
First published in the Winnipeg Free Press May 1, 2020 Manitoba must help those being clobbered financially by the COVID-19 pandemic: it is the right thing to do, we can afford it and, as a diverse array of economists have noted, public spending is needed in a time of crisis.…
READ THE REPORT HERE. VANCOUVER — The coronavirus pandemic has shone a light on serious problems in Canada’s seniors care system and after the crisis the BC government should begin to transition away from its reliance on contracting with for-profit companies, say two Canadian Centre for Policy Alternatives research associates.…
The election of Narendra Modi as India’s prime minister in May, with strong backing from the country’s capitalist class, placed a mass murderer at the head of the world’s largest democracy. It was a shocking and unprecedented development whose consequences for India’s political and economic future are ominous. A history…
Affordability is becoming the new buzzword of the BC government. In the dispute with teachers, for example, the Minister of Education has repeatedly argued demands for lower class sizes and improved class composition, as well as fair wages, are unaffordable and unrealistic (see here). When parents and businesses make the…
There is something great about summer in Canada; it’s hot but also full of promise with places to visit, camping, travelling, cottaging, trips to the beach and various summer events and festivals. For many of Canada’s students, however, summer has not been so great. New data from Statistics Canada’s Labour…
Statistics Canada reported today that unemployment jumped by 25,700 in June because of shrinking employment and a growing labour force. Canada’s labour force expanded because of population growth, even though the participation rate did not increase. The combination of less employment and a larger working-age population depressed the employment rate to 61.4%…