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OTTAWA – Le premier ministre Stephen Harper devrait suivre certains de ses propres conseils et augmenter le plan de stimulation économique du gouvernement, affirme-t-on dans une nouvelle étude dévoilée aujourd’hui par le Centre canadien de politiques alternatives. L’étude réalisée par David Macdonald, économiste du CPPA, montre que le plan fédéral de stimulation était trop peu trop tard en calculant le jour exact où le train de mesures de stimulation des Conservateurs est devenu insuffisant à la fois pour la création d’emplois et pour le PIB.
OTTAWA—Prime Minister Stephen Harper should take some of his own advice and increase his government’s economic stimulus plan, says a new study released today by the Canadian Centre for Policy Alternatives. The study, by CCPA economist David Macdonald shows the federal stimulus plan was a matter of too little, too late by calculating the exact day the Conservative stimulus package became inadequate for both job creation and GDP.
As Prime Minister Stephen Harper heads to London for the G-20 leaders’ meeting on the global economic crisis, he will undoubtedly tell other leaders that Canada is well positioned to manage the crisis domestically and provide advice on the international effort.
Ontario’s 2009-10 budget is a substantial, complex budget.
TORONTO – The province’s upcoming budget needs to make up for the federal government’s failed response to the economic recession, says the Ontario Alternative Budget released today by the Canadian Centre for Policy Alternatives (CCPA). No Choice But to Lead: Filling the Federal Budget Void says the failure of the federal government to step up with effective measures to stimulate the economy, protect those hit hardest by recession and create a framework for recovery forces the provincial government to fill the gap.
When the U.S. Treasury last October lavished $700 billion on Wall Street banks with no strings attached, the Obama team gave the bailout a green light. A popular insurgence was soon silenced, with public wrath directed instead at the U.S. auto producers (and unions) who followed with a request for a relatively modest $25 billion. The auto companies ended up with a loan of about 1/50th the amount that went to Wall Street as a gift.