It doesn’t require a lot of imagination to picture the discussions that took place amongst the business organizations that signed on to an advertisement that appeared in the Globe and Mail and other newspapers on June 1, 2016 in advance of the finance ministers’ meetings about CPP expansion. The 14… Continue reading
In her 2014 report, Ontario’s Provincial Auditor has published a damning assessment of the cost effectiveness of Ontario’s large and growing P3 program for public infrastructure. Looking at 75 P3 projects, it found a cost disadvantage for P3 procurement compared with conventional government contracting of $8 billion. More important for… Continue reading
It seems we are no longer in denial about growing inequality in Canada, and about its potential consequences. In mid-November, a lot of attention was paid to new Statistics Canada data which show that inequality as measured by the income share of the top 1% of income earners stopped growing… Continue reading
My latest report, “Risky Business” on the subject of Canada’s Retirement Income System is now available from the CCPA website.
This report reviews the performance of the three components of Canada’s retirement income system: Old Age Security; the Canada and Quebec Pension Plans; and the private pension and individual retirement saving system. Ultimately, the report finds that Canada’s retirement income system may work well for the mutual fund industry but that it’s failing individual Canadians.
Today’s headline in the Toronto Star — “Ontario businesses looking for balanced budget, tax cuts” reminds us yet again that, when it comes to taxes, budgets and public services, those who claim to be our leaders look at the world in a way that would embarrass a six-year-old. It is… Continue reading
The McGuinty Government claims to have begun to reverse the decline in public services under the Harris and Eves Governments. Since it took office, the McGuinty Government has increased social assistance rates — Ontario Disability Support Plan (ODSP) and Ontario Works — several times. Yet as the chart shows, the… Continue reading
Interview about the Toronto city budget, with HEADSPACE, went live today. A couple of key take-aways… On Rob Ford’s elimination of the Vehicle Registration Tax: “… Ford was right that the tax discriminated against suburbanites versus those living downtown, as there are probably a lot more people in the centre of the… Continue reading