Believing Canadian pension plans can lead us out of this housing affordability crisis would be a fool’s errand. The irony is that a main cause of the housing affordability crisis is that Canada’s inadequate public pension system forces people to rely on private real estate markets to fund their retirement income.
Just Transition is a concept of the state intervening when the private market fails at a scale that it cannot possibly respond in a reasonable time frame. That kind of thing happens all the time and it isn't just when climate policies are implemented.
Bank operations set real interest rates.
As price inflation stays above the previous 30 year average, concerns about general price increases continue to shift from one consumer good to another. Right now, people are focused on food prices as food is so obviously getting more expensive month to month.
With high inflation continuing, mainstream right-wing economists and pundits seem very concerned with a mythical beast called the 'wage-price spiral'. These spirals are not real and are simply an attack on working people with the poorest bearing most of the brunt of the policies of wage control. Here we look at why this is and the correct response to it.
The Liberals are hoping that if they throw enough money at the private sector, an army of Elon Musks will emerge from the darkness armed with even more private capital to save humanity and the Canadian economy along with it.
Students, who make up the future citizens, workers, and innovators of Canada, are barely mentioned in this budget except to partially extend pandemic-related economic support. Without further support for broad-based training and curiosity driven research, the innovation program will grind to a halt long before we solve the country's problems.
There are many contradictory definitions, explanations, and policy responses to high inflation. Understanding the differences is important to develop the correct orientation to these pressures on workers' wage demands and the left's policy responses.
Some areas of debate exist even within progressive circles of how best to deal with climate change. Investing in and reorganizing current production processes to drastically reduce carbon emissions and build mitigation programs all takes time, energy, overlapping processes, and a heck of a lot of money. But, when we bring all this together, the programs announced are insufficient to get us where we need to be. Here are 10 areas we need to work on.
The current long-term care model is designed to squeeze costs using a private delivery process. It is the state that sets the terms of spending and care delivery. The private system is being used to limit costs through obscuring the state's role in under-funding the service.
