Economy and economic indicators

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Ottawa / Washington, D.C. / New York, NY / Mexico City, Mexico—With ratification of NAFTA 2.0 still up in the air in the U.S. and Canada, a new international report contrasts the deeply flawed agreement with proposals for a more progressive and truly fair trade regime.
With ratification of NAFTA 2.0 still up in the air, a new international report looks beyond that deeply flawed agreement to imagine a more progressive and truly fair trade regime. The report, which includes contributions by trade experts and activists from all three North American countries, critically analyzes the USMCA (known as CUSMA in Canada and T-MEC in Mexico) and sets out alternatives that would give priority to human rights and the rights of nature over corporate rights.
REUTERS/Nick Didlick For the last decade, oil and gas industry supporters in media, civil society and government have honed a populist narrative revolving around two core arguments: 1) Fossil fuel development is vital to the national economic interest.
Photo from the U.S. Department of Agriculture
Illustration by Scott Shields
Canada is addicted to oil. Like all addictions, ours is debilitating. It has erased the line between state and private industry (thin as that line is in most countries), stifles our politics, and is holding back local, provincial and national preparations for a world without fossil fuels. Curing our addiction to oil and gas will take time and money, and historic levels of Indigenous–federal–provincial co-operation. But it absolutely has to happen—starting now.
For those seeking to calculate the living wage in other BC and Canadian communities, you can download the living wage calculation guide and spreadsheet (below). And please let the Living Wage Campaign know what you come up with — they're working on keeping track of amounts across the province and across Canada: [email protected]. You can also contact the campaign if you want to become a living wage employer or to participate in the work of the campaign.
VANCOUVER—Living wage calculations for communities across BC decreased significantly this year, according to a new report released today from the Living Wage for Families Campaign. Even though costs are increasing steeply for rent and other basic necessities, the cost of living for families with children is lower in 2019 thanks to the provincial government’s new child care policies.
In 2018, Minister of Canadian Heritage Mélanie Joly proudly proclaimed that Canada successfully negotiated a cultural exemption in the Trans-Pacific Partnership, a Harper-era multilateral trade deal rebranded “Comprehensive and Progressive" (CPTPP) by the Trudeau government. In 1987, Flora MacDonald, then Mulroney’s minister of communications, made the same claim at the conclusion of the Canada–United States Free Trade Agreement (CUSFTA) negotiations. Neither minister was being entirely honest.