With the country facing significant and unpredictable headwinds going into another federal election year, the 2019 Alternative Federal Budget (AFB) shows that Canada can boost competitiveness and encourage innovation by investing in people, not by giving corporations more tax cuts.
A decade after the worst financial crash since the Great Depression, a fragile recovery is obscuring threats—some new, some as old as capitalism—to Canadian workers and the broader economy. In this first part of a two-part feature on the fallout of that crisis, the Monitor looks at the financial flows, government revenue shortfalls and austerity plans that undermine our ability to handle another sudden shock. Here's a sample of what you'll find inside this issue:
Illustration by Katie Raso Ten years from the onset of the Great Financial Crisis, and eight after the “turn to austerity,” provides a useful vantage point. From here we can clearly see how austerity quickly succeeded the panic-driven experimentation with economic stimulus of the 2008-09 period.
Illustration by Katie Raso
When we think of a “boom town,” we often imagine a formerly sleepy rural town suddenly awash in wealth and economic expansion. It might surprise some to learn that for many municipalities in oil-producing regions in Saskatchewan, the costs of servicing the oil boom can outweigh the benefits.
Regina — When we think of a “boom town,” we often imagine a formerly sleepy rural town suddenly awash in wealth and economic expansion. It might surprise some to learn that for many municipalities in oil-producing regions in Saskatchewan, the costs of servicing the oil boom can outweigh the benefits.
Illustration by Joep Bertrams (Cagle Cartoons)
Illustrations by Remie Geoffroi This is a story about two elections: the one about the “change” Ontarians might have had if circumstances hadn’t thrown the province into political chaos, and the one we are now facing, which is about change and much more.
Ontarians heading to the polls on June 7 face a stark choice between two visions of government and two styles of governing. The choice they make could reverberate across the country. A Progressive Conservative victory under the leadership of the right-wing populist Doug Ford would almost certainly usher in another period of harsh and unnecessary austerity, and has the potential to set racial and economic justice back decades.
The Nova Scotia Alternative Budget 2018 is a blueprint of a budget for the people. The report lays out a sustainable fiscal framework that supports the development of inclusive and prosperous communities, where we take care of each other and our environment.