4 results found for "basic income"
Op-Ed
We knew the number would be big. Just how big was the question.
Statistics Canada released its initial estimate of second-quarter GDP on Friday. Output dropped by 11.5 per cent compared with first-quarter GDP and by a little over 13 per cent compared with the second quarter of 2019. This is the largest recorded quarterly decline since Statistics Canada began reporting quarterly GDP numbers in…
Op-Ed
Legislation in the form of Bill C-4 to implement the Canada-United States-Mexico trade agreement (CUSMA) was tabled in Parliament last month, has been given second reading in the House, and is now being examined by the Commons Trade Committee.
Once cleared through the committee and ultimately passed into law, it will allow the federal government to ratify CUSMA (Donald Trump may call it “USMCA”…
Op-Ed
A global pandemic that has crushed the economy. A stock market improbably rising in an economic downturn. Is it the job of the Bank of Canada to address this contradiction, and the inequality that arises?
Not directly, but the link between monetary policy and inequality is very real and affects the ability of the central bank to reliably hit its 2-per-cent inflation target.
In March and April,…
Op-Ed
Since the previous recession in 2008-09, the so-called gig economy and platform work have been growing globally and in Canada. The growth is mainly due to technological and economic changes and the desire for greater flexibility by workers and employers.
However, the legal employment framework remains outdated. The COVID-19 crisis has a strong potential to exacerbate the trend by shifting more…