The Progressive Economics Forum: A tale book-ended by 2 Trudeaus: Canada’s foreign aid since 1970

Soon after the 2015 federal election, Prime Minister-designate Justin Trudeau affirmed that Canada was “back” as a “compassionate and constructive voice in the world” after a decade of Conservative governments. One of the most important means by which any industrialized country interacts with the developing world is via the amount, composition and effectiveness of its ...

The Progressive Economics Forum: Ten Things To Know About The 2017 Federal Budget

I’ve just written a blog post in which I review the recent federal budget. Points raised in the blog post include the following: -The federal government is projecting deficits in the $20B-$30B range for roughly the next five years. -This was likely the most important federal budget for housing since 1993. -The budget contains important ...

The Progressive Economics Forum: Transit costs are too darn high

Public transit is a key piece of urban infrastructure, important for getting people where they want to go while limiting congestion and pollution. A central part of the federal government’s infrastructure plan involves expanding and improving public transit, through their newly established Public Transit Infrastructure Fund. Note that Budget 2017 allocates some amount of the total ...

The Progressive Economics Forum: The 2017 Federal Budget

Here is the link to my analysis and comments re the Limits of Liberalism. http://www.broadbentinstitute.ca/andrew_ajackson/2017_federal_budget_end_of_progress

The Progressive Economics Forum: The Alternative Federal Budget 2017

This year’s Alternative Federal Budget (AFB) was released on March 9. I was proud to be the primary author of its housing chapter (that chapter is available in English here and in French here). The first AFB exercise began in 1994, with the first AFB being published in 1995. That involved a joint effort between ...

The Progressive Economics Forum: The Federal Role in Poverty Reduction

Over at the web site of the Calgary Homeless Foundation, I’m co-author of a blog post titled “The Federal Role in Poverty Reduction.” Points raised in the blog post include the following: -Canada’s Minister of Families, Children and Social Development has been tasked to lead the development of a Canada Poverty Reduction Strategy. -Total public ...

The Progressive Economics Forum: New child benefit impact on child poverty overblown

In September, I expressed my concerns that the new Canada Child Benefit (CCB) may not be responsible for a 40% reduction in child poverty as claimed by the Minister of Employment and Social Development Canada (ESDC).  Using Statcan’s tax modelling software SPSD/M, I calculated that you’d get a 14% drop in child poverty due to ...

The Progressive Economics Forum: Canada’s National Housing Strategy Consultations

Over at the web site of the Calgary Homeless Foundation, I’ve written a blog post about Canada’s National Housing Strategy consultations.  The link to the blog post is here. Points raised in the blog post include the following: -In Canada, public social spending as a percentage of our GDP is well below the OECD average. ...

The Progressive Economics Forum: Federal Income Support for Low-Income Seniors

Over at the Behind the Numbers web site, Allan Moscovitch, David Macdonald and I have a blog post titled “Ten Things to Know About Federal Income Support for Low-Income Seniors in Canada.” The blog post argues—among other things—that if the age of eligibility for Old Age Security were to move from 65 to 67, the ...

The Progressive Economics Forum: Central Agencies in Canada

Do you ever sit in bed late at night wondering what it is that Finance Canada, the Privy Council Office and Treasury Board Secretariat actually do?  Well, wonder no more my friends!  Over at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “Ten things to know about central agencies ...

The Progressive Economics Forum: Ten things to know about the 2016-17 Alberta budget

Over at the web site of the Calgary Homeless Foundation, I have a blog post titled: “Ten things to know about the 2016-17 Alberta budget.” The link to the post is here.

The Progressive Economics Forum: February Labour Force Woes

The unemployment rate is up again this month, to 7.3%, with 1.4 million workers looking for jobs in February. A loss of full-time work was partly replaced by part time positions. A disproportionate percentage of last year’s growth came from precarious self-employment. Remember those heady days when we could say that at least Canada’s unemployment rate ...

The Progressive Economics Forum: Jobs and Growth after the Great Recession

This is the time of year when articles list their favourite things about last year, and their “things to watch” for the next year. Naturally, my “things to watch” list will always include the labour market. Where have we seen the strongest job growth or worst job losses, and what are the trends that might ...

The Progressive Economics Forum: Federal Surplus: Digging Deeper

This week Stephen Harper’s Conservatives are trumpeting the announcement of a small surplus ($1.9 billion) for fiscal 2014-15.  The political symbolism of this “good news” is a welcome change for them from a string of negative economic reports (most importantly, news that Canada slipped into recession in the first half of 2015) that has damaged ...

Blevkog: The real truth about reconciliation…

Is that all is good with our native peoples. I mean it would have to be if the government department tasked with providing services to them was able to lapse a billion dollars in budget over the past five years. Of course there is also another possibility, that the Conservatives just don’t care.

Blevkog: One would think…

One would think that the question “How many jobs will be created by the federal budget?” when asked of the bloody finance minister who had just delivered the thing would get a better worded response than “dunno“. If jobs were the teeniest tiniest concern for this government, one would think that at least a pat answer ...

The Progressive Economics Forum: Budget 2015: Robin Hood in Reverse

Here’s a link to the longer analysis I prepared of the federal budget, now on-line at CUPE’s website, to accompany the press release and notes we put out immediately following the budget. The entire document may be too long to post here, so here’s the 1st two paragraphs. The Big Picture: more tax cuts for the ...

The Progressive Economics Forum: My “Top Five” Most Outrageous Things About This Budget

With a document whose very timing, let alone content, was so transparently politicized and manipulative, it’s hard to even know where to start.  Among the many galling, short-sighted, and ultimately destructive components of this federal budget, here are 5 that stand out in my view: 1. Timing. At a time of great economic uncertainty in ...

cmkl: Seniors organizations support doubling the TFSA limit? Can we have a source please?

Normally the Globe’s Parliament Hill coverage is pretty good. But this Bill Curry item makes the unattributed claim that seniors organizations support the trial-ballooned proposal to double the annual contribution limit to tax free savings accounts (TFSAs). Really? Which ones? The Society of Retired CEOs? Or maybe the Grey Circle at the Empire Club? It ...

The Progressive Economics Forum: ROCHON on the upcoming federal budget (April 2015)

THE FEDERAL BUDGET AND CANADA’S ANNUS HORRIBILIS See Original post here for the CBC. Canada’s Finance Minister Joe Oliver announced a new – and long overdue – federal budget for April 21. With the Canadian economy doing so badly, this budget will be crucial. Will the minister do the right thing and give Canadians a ...

The Progressive Economics Forum: G20 meeting of world finance ministers too little too late

Posted earlier as an opinion piece for CBC.  See original post here (this post slightly modified from original) By Louis-Philippe Rochon Follow him on Twitter @Lprochon   Much was at stake earlier this week when finance ministers from G20 countries met in Istanbul to discuss Greece and the state of the world economy in light of recent ...

The Progressive Economics Forum: Rochon Asks: “Is the Canadian economy unraveling?”

In a recent CBC blog post, Louis-Philippe Rochon assesses the current state of the Canadian economy. The link to the blog post is here. Follow him on Twitter @Lprochon.

The Progressive Economics Forum: Don’t Play Tories’ Game on “Risk” of Deficit

Acres of newsprint have been devoted in recent weeks to the possibility that lower oil prices might push the federal budget back into a deficit position.  As I argue in my column in today’s Globe and Mail, this drama is mostly political theatre — and progressives should be cautious about accidentally accepting the Conservative frame ...

The Progressive Economics Forum: Louis-Philippe Rochon’s Top 10 Economic Predictions for 2015

Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.” The post is available here.

The Progressive Economics Forum: Bank of Canada, Exports, and LMI

Much has been made about Stephen Poloz’s decision to abandon ‘forward guidance’ in Bank of Canada rate setting announcements for the time being. Critics bemoan the loss of direction from the Bank. But Poloz’s comments yesterday were chock full of guidance on how the Bank sees Canada’s economic situation. Having been disappointed by the failure ...