Saskatchewan conservatives are getting cranky. At last night’s Finance Committee meeting on the omnibus bill, MP Randy Hoback exposed me as being a New Democrat who writes “garbage” (as this blog’s readers already know). Full video of the meeting is available here, with my presentation starting two hours in.
Continue readingTag: federal budget
The Progressive Economics Forum: Tightening the Screws on the Unemployed
The significant changes to the Employment Insurance (EI) program which are to be quickly implemented through Budget 2012 with very little consultation have not received enough critical attention. First, a word on what is not in the Budget. It is disappointing, to say the least, that the government is failing
Continue readingArt Threat: One Month Later – How the 2012 Federal Budget Impacts the Arts
With the release of the 2012 federal budget one month behind us you’ve likely captured the gist of the budget – cuts to the CBC and none to the Canada Council for the Arts. Here’s a full breakdown of how the cuts (and non cuts) affect arts and culture in
Continue readingThe Progressive Economics Forum: The Federal Budget and Women
(The following is from my colleague Angella McEwen.) The only mention of either men or women in the 400-odd page 2012 Budget Implementation Bill is with regards to the appropriate use of donated sperm and ova. In analysis and discussions of the proposed omnibus bill, differential impacts for women, Aboriginals,
Continue readingThe Progressive Economics Forum: PBO Strikes Again
I wanted to tip my hat to the hard working folks at the PBO for a particularly revealing Economic and Fiscal Outlook that was published today. While the PBO has more than once eaten my lunch on various issue they’ve done a superb job of looking at Canada’s economic and
Continue readingThe Progressive Economics Forum: Katimavik
I am sure readers of this blog are not unsympathetic to the case for a government supported program which, at a time of very high youth unemployment, annually enables some 1500 young people to volunteer to work in not for profit sponsored community development projects across the country. Participants- aged
Continue readingThe Progressive Economics Forum: Federal Job Cuts…the Real Numbers
Thankfully the federal budget has started to fill in some of the details of its latest round of cuts. In particular, it now estimates 19,200 positions lost due to its latest round of cuts (Federal Budget 2012, pg 221). Although it is nice to have an initial estimate, this hardly
Continue readingThe Progressive Economics Forum: The Federal Budget Impact on Jobs
The Budget estimate that a new round of cuts will eliminate up to 19,200 jobs has been widely cited as fact, but it cannot be taken at face value as argued in an analysis released by the Public Service Alliance of Canada. An extract follows: The government claims the
Continue readingThe Progressive Economics Forum: OAS, the Budget and the Baby Boomers
The Budget justifies raising the age of eligibility for OAS and GIS on the grounds that the long-term fiscal sustainability of the program is being undermined by rising life expectancy. No estimates of savings are provided. They will be very modest. Given that average life expectancy at age 65 is
Continue readingThe Progressive Economics Forum: Budget 2012: Pennywise But Pound Foolish
Marc, Andrew and Toby have posted substantial analyses of yesterday’s federal budget, but here are my two cents about its economic forecasts. Table 2.1 envisions a 7.5% unemployment rate this year, slightly above last year’s rate of 7.4%. That seems like an admission of failure from a budget ostensibly about
Continue readingBigCityLib Strikes Back: The Budget And The Environment: The Deniers Liked It
A statement from the ICSC: Canadian federal Budget a step forward on climate change Ottawa, Canada, March 29, 2012: “The International Climate Science Coalition (ICSC) congratulates the Government of Canada for removing from the federal Budget the misleading language of previous Budgets concerning clean air and climate change,” said Tom
Continue readingThe Progressive Economics Forum: Conservatives’ small-minded budget kills jobs and fails Canadians
Here’s the budget analysis I prepared for CUPE’s website. Despite its size and the hundreds of measures it details, Harper’s 2012 budget demonstrates just how small-minded their vision is. Canada faces major challenges, with 1.4 million unemployed, stagnant productivity growth, a crisis in retirement security and growing inequality. Instead of
Continue readingThe Progressive Economics Forum: CLC Analysis of the 2012 Budget
Introduction Budgets are all about choices. With unemployment and underemployment still at very high levels and a shrinking middle-class, the federal government could and should have laid the basis for a sustained and broadly shared economic recovery. The federal government should be taking a larger and stronger role in making
Continue readingcmkl: The federal budget: spite and bile to pump up the base
So it turns out all the nasty rumours were actually true.
Continue readingThe Progressive Economics Forum: A budget that screws the planet for short-term profits
First off, the 2012 federal budget that makes no upfront claim to be a budget. Indeed, the cover states only “Economic Action Plan 2012: Jobs, Growth and Long-Term Prosperity.” While we have been accustomed in recent years to budgets with their own titles, this one does not actually say “Budget”
Continue readingcmkl: Cut staff but not services? That’s unpossible
Now when I was a journalist, if someone made an assertion as daft as the one above, I would have left it out of the story just because it made no sense. But if you’re CTV, you apparently leave it as the lead.
Continue readingThe Progressive Economics Forum: Alternative Federal Budget 2012
The following is a ten-point summary of the CCPA Alternative Federal Budget released today: The federal government is planning an unprecedented fiscal austerity budget, claiming that massive cuts to public sector jobs, services, and social programs are necessary to pave the way for jobs and growth. But in fact the
Continue readingThe Progressive Economics Forum: Severance Pay and Public Servants
I am an economist, not a lawyer or expert on the collective agreements in the federal public service, but I can still detect a hatchet job. The CBC have given a lot of play to a Greg Weston story that allegedly generous severance payments to public servants amounting to as
Continue readingThe Progressive Economics Forum: Severance Pay and Public Servants
I am an economist, not a lawyer or expert on the collective agreements in the federal public service, but I can still detect a hatchet job. The CBC have given a lot of play to a Greg Weston story that allegedly generous”severance payments to public servants amounting to as much
Continue readingDeSmogBlog: Big Oil Rakes In Billions, Still Complains Taxes Are Too High
20080810-violin.jpg The President rolled out his FY2013 budget recently, which includes eliminating $40 billion in tax breaks from Big Oil companies, such as BP, Chevron, ConocoPhillips, ExxonMobil, and Shell. Meanwhile, the American Petroleum Institute's response would have you believe that cutting the subsidies would be the equivalent of moving back
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