23 results found for "basic income"
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,…
Intelligence Memos
From: Don Drummond
To: The Office of the Prime Minister
Date: August 24, 2020
Re: Don't Forget a Fiscal Anchor for the Speech from the Throne
Prime Minister Trudeau has indicated the government will disclose expensive initiatives to Canadians in a Speech from the Throne on September 23.
Without also proposing very large tax increases, this new agenda would clearly abandon any…
Intelligence Memos
From: Don Drummond
To: Chrystia Freeland, Deputy Prime Minister and Minister of Finance
Date: December 16, 2020
Re: Through the Fiscal Fog: Large Deficits and Debt as Far as the Eye Can See
I recently set out four wildly differing federal fiscal scenarios for the future. Recent Government of Canada announcements lift the fog enough to narrow possibilities. We can now see clearly that the future…
Intelligence Memos
From: David Gray
To: The Honourable Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion
Date: November 23, 2020
Re: What Does the Pandemic Teach us about EI?
The COVID-19 pandemic brought labour market conditions to Depression-era levels during the months of April and May, and as of October, the unemployment rate of 8.9 percent was still 3.3 percentage points…
Intelligence Memos
From: Joel Blit
To: Canadians concerned about jobs
Date: July 16, 2020
Re: COVID-19 Will Transform Our Economy – If We Get Our Policies Right
Due to the COVID-19 crisis, our economy is undergoing a transformation of unprecedented proportions. This transformation will increase productivity, but more than half a million jobs could be lost due to automation and reallocation.
Since…
