By Seth Klein and Iglika Ivanova [Note: this piece has also appeared in the Tyee here.] OK, time for a reality check on BC’s deficits. Simply put, while arguments about deficits and “who is the better fiscal manager” may make for entertaining politics, there is no compelling economic reason why…
OK, time for a reality check on BC’s deficits. Simply put, while arguments about deficits and “who is the better fiscal manager” may make for entertaining politics, there is no compelling economic reason why BC cannot run a few years of modest deficits. And in the absence of deep cuts…
Despite austerity’s failure, politicians still won’t scrap it We are living in the “Age of Austerity” – or at least so says David Cameron, the U.K.’s Prime Minister. He made this announcement in 2009 at the Conservative convention just before becoming Prime Minister. This meant, he explained, that he would…
Below is the summary for our latest Climate Justice Project report, Closing the Loop: Reducing Greenhouse Gas Emissions and Creating Green Jobs through Zero Waste in BC (I recommend checking the much prettier full paper, stand-alone summary, and awesome infographic by Sam Bradd on the website). Closing the Loop was a complex and challenging…
Strengthening Connections, Connecting Communities Download 2.99 MB116 pages The 2013 Nova Scotia Alternative Provincial Budget invests in good jobs, strong communities, and participatory economics. It is a comprehensive budget that involved 30 plus collaborators and makes strategic investments to boost the sluggish economy and expand opportunities for all Nova Scotians.…
Tar sands bitumen spills harder and costlier to clean up It’s amazing to watch the lengths to which Enbridge and the oil industry will go in pretending that tar sands diluted bitumen (dilbit) is no different from conventional oil. On Aug. 26, the Canadian Press reported that the Northern Gateway…
Municipalities (villages, towns, and even big cities) across Canada have major financial problems – their tax base is (1) inadequate for their responsibilities or for the needs of their citizens, AND (2) almost entirely dependent on the revenues from property taxes. No one is happy with the property tax. It…
Statistics Canada released new data yesterday on high income trends in Canada with nary a mention of the Atlantic Provinces. From a Canadian comparative perspective, the data told a story that was more striking for most of the rest of the country and in particular, Alberta, Ontario, BC and Quebec where 92%…
I got way off my usual research agenda this morning for a business panel on CBC radio. The topic was the economics of casinos, the result of the City of Surrey voting down a new casino proposal. I have often disparagingly compared stock markets to casinos, but in fact I…
A year after the Occupy movement focused public attention on the income, wealth and opportunity gap between the top 1 per cent and the 99 per cent, the issue is attracting the attention of conservatives in Canada. Quite simply, they want the problem to go away. So they’re intent on…
Winter 2013, Volume 16, Number 1 Download 1.06 MB8 pages Inside this issue: British Columbians are ready for a thoughtful conversation about taxes by Shannon Daub, Seth Klein and Randy Galawan Options for raising new tax revenues: The need is clear and the possibilities many by Seth Klein and Iglika Ivanova BC’s…
We’re now 10 years on from the biggest financial crisis since the Great Depression. Or, as our national mythology puts it, 10 years since Canada breathed a deep sigh of relief as the crisis mostly grazed our economy and financial system. Since 2008, we’ve had 10 years of congratulatory back-patting…