185 results found for %22basic%20income%22
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: Alexandre Laurin and Benjamin Dachis
To: Finance Minister Bill Morneau
Date: May 25, 2020
Re: An Income Support Plan to Support the Recovery
The first cohort of Canada Emergency Response Benefit (CERB) recipients are about to lose eligibility on July 5. Ottawa must announce soon what’s next.
As the province-by-province restart begins, income support needs to shift from broad-…
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: Don Drummond
To: Ahmed Hussen, Minister of Families, Children and Social Development
Date: April 17, 2020
Re: Release EI data fast to track the COVID-19 damage
Many economists and policy authorities appear to have initially underestimated the economic blow from the COVID-19 pandemic, just as health authorities missed the depth of the blow to public health.
A consensus…
Intelligence Memos
From: Jeremy Kronick and Steve Ambler
To: Bank of Canada Watchers
Date: September 10, 2020
Re: The GDP Story is Not as Bleak as Reported
Statistics Canada released its initial estimate of second-quarter GDP last month. Output dropped by 11.5 percent compared with the first quarter and by a little more than 13 percent compared with the second quarter of 2019. This is the…
Intelligence Memos
From: Rosalie Wyonch
To: Canadians Concerned about Automation
Date: December 9, 2020
Re: The Robots Are Still Coming, but Not for Everyone’s Job
Technological change is a driving force behind economic growth. It can improve productivity for existing goods and services, meaning the same output can be achieved with fewer inputs, or more can be produced with the same amount…
