Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

The Progressive Economics Forum: Federal Income Support for Low-Income Seniors

Over at the Behind the Numbers web site, Allan Moscovitch, David Macdonald and I have a blog post titled “Ten Things to Know About Federal Income Support for Low-Income Seniors in Canada.” The blog post argues—among other things—that if the age of eligibility for Old Age Security were to move from 65 to 67, the […] . . . → Read More: The Progressive Economics Forum: Federal Income Support for Low-Income Seniors

The Progressive Economics Forum: Central Agencies in Canada

Do you ever sit in bed late at night wondering what it is that Finance Canada, the Privy Council Office and Treasury Board Secretariat actually do? Well, wonder no more my friends! Over at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “Ten things to know about central agencies […] . . . → Read More: The Progressive Economics Forum: Central Agencies in Canada

The Progressive Economics Forum: Ten things to know about the 2016-17 Alberta budget

Over at the web site of the Calgary Homeless Foundation, I have a blog post titled: “Ten things to know about the 2016-17 Alberta budget.” The link to the post is here. . . . → Read More: The Progressive Economics Forum: Ten things to know about the 2016-17 Alberta budget

The Progressive Economics Forum: Mixed bag for EI in Budget 2016

The 2016 Budget announces some much needed improvements to Employment Insurance, and leaves room for more changes in the near future. The changes announced in the budget are largely positive, but many details are still missing, and some stinkers from Harper are left unchanged. The Good … Significantly, the government will reduce the 910 hours threshold […] . . . → Read More: The Progressive Economics Forum: Mixed bag for EI in Budget 2016

The Progressive Economics Forum: February Labour Force Woes

The unemployment rate is up again this month, to 7.3%, with 1.4 million workers looking for jobs in February. A loss of full-time work was partly replaced by part time positions. A disproportionate percentage of last year’s growth came from precarious self-employment. Remember those heady days when we could say that at least Canada’s unemployment rate […] . . . → Read More: The Progressive Economics Forum: February Labour Force Woes

The Progressive Economics Forum: Le budget de 2016, la stimulation économique, et l’AE

Déclaration commune des groupes communautaires et syndicaux sur le budget de 2016, la stimulation économique et l’AE Nous exhorter le gouvernement à agir rapidement et de façon décisive pour rétablir le régime d’assurance-emploi (AE) du Canada. Plus précisément, il est crucial que le budget de 2016 assure une stimulation économique et prépare le pays à […] . . . → Read More: The Progressive Economics Forum: Le budget de 2016, la stimulation économique, et l’AE

The Progressive Economics Forum: The Budget, Stimulus, and E.I.

A coalition of community and labour organizations have come together to present their views on necessary EI reforms as part of the pre-budget process. Joint Community and Labour Statement on the 2016 Budget, Stimulus, and E.I. We urge the government to act quickly and decisively to restore the integrity of Canada’s EI social insurance system. In […] . . . → Read More: The Progressive Economics Forum: The Budget, Stimulus, and E.I.

The Progressive Economics Forum: The 2016 Federal Budget

Here is a link to the Broadbent Institute pre Budget Submission, trying to push the Liberal platform in a more progressive and social democratic direction. http://www.broadbentinstitute.ca/budget_2016_charting_progressive_agenda   . . . → Read More: The Progressive Economics Forum: The 2016 Federal Budget

The Progressive Economics Forum: Election 2015: Liberals in a Hurry, Budget Policy and Time to Plan

Wow! What an upset! A Liberal majority! From 35 seats to what are they projecting … 185!?

If the Liberals outflanked the NDP on progressive economic policy, it was on a single issue, that of budget policy. With the Liberals promising three years of budget deficits to finance infrastructure spending and the NDP committing to . . . → Read More: The Progressive Economics Forum: Election 2015: Liberals in a Hurry, Budget Policy and Time to Plan

The Progressive Economics Forum: Budget 2015: A tale of austerity past, present and future

Cross-posted from my blog.

I’ve been banging the drum of “slow-motion austerity” for a while and little in the 2015 federal budget suggests any change from the pattern of death by a thousand cuts. This budget is another is a series of unspectacular austerity budgets. Taken together, however, the cuts rapidly add up and budgets . . . → Read More: The Progressive Economics Forum: Budget 2015: A tale of austerity past, present and future

The Progressive Economics Forum: Budget 2015: Robin Hood in Reverse

Here’s a link to the longer analysis I prepared of the federal budget, now on-line at CUPE’s website, to accompany the press release and notes we put out immediately following the budget.

The entire document may be too long to post here, so here’s the 1st two paragraphs.

The Big Picture: more tax cuts for . . . → Read More: The Progressive Economics Forum: Budget 2015: Robin Hood in Reverse

The Progressive Economics Forum: My “Top Five” Most Outrageous Things About This Budget

With a document whose very timing, let alone content, was so transparently politicized and manipulative, it’s hard to even know where to start. Among the many galling, short-sighted, and ultimately destructive components of this federal budget, here are 5 that stand out in my view:

1. Timing. At a time of great economic uncertainty in . . . → Read More: The Progressive Economics Forum: My “Top Five” Most Outrageous Things About This Budget

The Progressive Economics Forum: ROCHON on 2015 budget: Conservatives making a mockery of working Canadians

CONSERVATIVES MAKING A MOCKERY OF WORKING CANADIANS

Louis-Philippe Rochon

Associate Professor of Economics, Laurentian University

Co-Editor, Review of Keynesian Economics

 

Today, with great fanfare, Minister of Finance, Joe Oliver, tabled his much-delayed budget in the House of Commons. Despite the government’s best effort to confuse Canadians with tales of terrorism, the economy and job . . . → Read More: The Progressive Economics Forum: ROCHON on 2015 budget: Conservatives making a mockery of working Canadians

The Progressive Economics Forum: Budget Balanced with EI Surplus

Mr. Oliver likes to say that most of the growth in jobs has been high wage, private sector growth. This is simply not true. Two-thirds of net new jobs created between 2008 and 2014 pay below average wages.

Own account self-employment, those self employed workers who have no employees, have dominated growth in self-employment, and . . . → Read More: The Progressive Economics Forum: Budget Balanced with EI Surplus

The Progressive Economics Forum: ROCHON on balanced budgets

Balanced budget legislation will be disastrous for Canada

Louis-Philippe Rochon

Associate Professor of Economics, Laurentian University

Co-Editor, Review of Keynesian Economics

Twitter @LPROCHON

 

Finance Minister Joe Oliver’s latest muses about introducing balanced budget legislation is the worst policy for Canada, and will doom us to European-style crises and rob future generations of prosperity.

While . . . → Read More: The Progressive Economics Forum: ROCHON on balanced budgets

The Progressive Economics Forum: ROCHON on the upcoming federal budget (April 2015)

THE FEDERAL BUDGET AND CANADA’S ANNUS HORRIBILIS

See Original post here for the CBC.

Canada’s Finance Minister Joe Oliver announced a new – and long overdue – federal budget for April 21. With the Canadian economy doing so badly, this budget will be crucial.

Will the minister do the right thing and give Canadians a . . . → Read More: The Progressive Economics Forum: ROCHON on the upcoming federal budget (April 2015)

The Progressive Economics Forum: Will Oil & Potash Put SK Back in Black?

The Sask. Party government pulled out all the stops yesterday to report a balanced budget, quite possibly the last one before next spring’s provincial election.

Revenue Assumptions

The drop in oil prices is a huge fiscal blow to Saskatchewan, and one of the ways the government projects continued balanced budgets is by assuming a rebound . . . → Read More: The Progressive Economics Forum: Will Oil & Potash Put SK Back in Black?

The Progressive Economics Forum: Confusing “Deficit Elimination” with “Prosperity”

The banner headline across the top of the front page of the national Globe and Mail edition caught my eye Saturday morning: “How B.C. became a ‘have’ province..” Wow, I thought to myself, that is quite something (and with not a single LNG plant on the economic horizon!), and so I prepared to sit down . . . → Read More: The Progressive Economics Forum: Confusing “Deficit Elimination” with “Prosperity”

The Progressive Economics Forum: Rochon Asks: “Is the Canadian economy unraveling?”

In a recent CBC blog post, Louis-Philippe Rochon assesses the current state of the Canadian economy.

The link to the blog post is here.

Follow him on Twitter @Lprochon.

The Progressive Economics Forum: Seccareccia on Greece, Austerity and the Eurozone

Over at the blog of the Institute for New Economic Thinking, Ottawa U professor Mario Seccareccia has given an interview titled “Greece Shows the Limits of Austerity in the Eurozone. What Now?”

The interview can be read here.

The Progressive Economics Forum: Banks and Balanced Budgets

The Bank of Canada surprised most analysts this week when it decided to cut rates by 25 basis points. The move comes after the price of oil has tumbled below $50 / barrel, oil producers announced huge cuts to business investment for 2015, Target announced a mass layoff of 17,600 workers in Canada, and the . . . → Read More: The Progressive Economics Forum: Banks and Balanced Budgets

The Progressive Economics Forum: Louis-Philippe Rochon’s Top 10 Economic Predictions for 2015

Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.”

The post is available here.

The Progressive Economics Forum: Why the economy sucks (in one chart)

(The following is something I’ve prepared for the next issue of CUPE’s Economy at Work, a popular economics quarterly publication I produce.)

In his annual Economic and Fiscal Update (EFU), finance minister Joe Oliver told Canadians that while the federal government will finally record a surplus next year after seven years of deficits, we can’t . . . → Read More: The Progressive Economics Forum: Why the economy sucks (in one chart)

The Progressive Economics Forum: Andrea Horwath’s Debacle

I can’t remember the last time I laughed out loud when I saw election results. I almost spat a mouthful of my breakfast across the room.

Almost nobody expected Ontario’s Liberals to win a majority, least of all the NDP’s Andrea Horwath. Her decision to pull the plug on the Wynne government has to go . . . → Read More: The Progressive Economics Forum: Andrea Horwath’s Debacle

The Progressive Economics Forum: Don’t believe the (LNG) hype

Today we released a new report, Path to Prosperity? A Closer Look at British Columbia’s Natural Gas Royalties and Proposed LNG Income Tax, about liquefied natural gas (LNG ) development in BC, and the public revenues that might be expected. So far, LNG has lacked a real public debate. On one side, we have the . . . → Read More: The Progressive Economics Forum: Don’t believe the (LNG) hype