The Progressive Economics Forum: Public Policy and Homelessness: The Case of Calgary

Over at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “Public Policy and Homelessness:  The Case of Calgary.” Points raised in the blog post include the following: -Calgary experienced explosive growth in the size of its homeless population from the mid-1990s until 2008. -Though causation is hard to establish, ...

The Progressive Economics Forum: Poverty Reduction in Alberta

Over at the web site of the Calgary Homeless Foundation, I’m co-author of a blog post titled “Poverty Reduction in Alberta.” Points raised in the blog post include the following: -The NDP government of Premier Rachel Notley has undertaken important poverty-reduction initiatives since forming a government in 2015. -Alberta (relative to other provinces) has a ...

The Progressive Economics Forum: Lessons from the Reagan Era on Managing Twin Deficits

Below is a guest post from Norman Mogil and Arthur Donner. Lessons from the Reagan Era on Managing Twin Deficits Many in the U.S. are harking back to the Reagan era for guidance on how to implement the pro-growth policies advocated by President Donald Trump and the Republican Congress. When Ronald Reagan took over the leadership ...

The Progressive Economics Forum: The Federal Role in Poverty Reduction

Over at the web site of the Calgary Homeless Foundation, I’m co-author of a blog post titled “The Federal Role in Poverty Reduction.” Points raised in the blog post include the following: -Canada’s Minister of Families, Children and Social Development has been tasked to lead the development of a Canada Poverty Reduction Strategy. -Total public ...

The Progressive Economics Forum: How Housing Policy Benefits from a Socioeconomic Perspective

Over at the web site of the Calgary Homeless Foundation, I’ve written a blog post titled “How Housing Policy Benefits from a Socioeconomic Perspective.” Points raised in the blog post include the following: -Leaders in Canada’s non-profit housing sector should think beyond just housing, and think hard about the importance of economic and social factors ...

Michal Rozworski: The road tolls for thee

Last week, Toronto mayor Join Tory announced a plan to toll two major Toronto highways, the Gardiner and the DVP. The city is starved for cash with huge shortfalls for both infrastructure (new housing, new transit lines) and even everyday operating expenses. Tolls are supposed to help close this gap. But despite the absolutely huge ...

Michal Rozworski: Trudeau’s economic model is clear and it is not good

Last week gave us a good idea of the economic model that Trudeau’s Liberals are gradually putting forward and it is business-friendly to the core. The infrastructure bank privatization scheme was the big news item in the fall fiscal upate (see my post from last week), but there are far more goodies to make business ...

Michal Rozworski: The great rentier give-away

With today’s fiscal update, the Trudeau government has really shown itself to be at the forefront of global left neoliberalism. Taking nearly all his cues from his business-dominated Advisory Council on Economic Growth, the Finance Minister announced a new Canada Infrastructure Bank as the centerpiece of the fiscal update and the Liberal’s economic strategy. Don’t believe the fanfare that ...

The Progressive Economics Forum: How do you solve a problem like precarious work?

Finance Minister Bill Morneau has taken quite a bit of heat for his tone deaf comments about the reality of precarious work, specifically saying that we should just “get used to job churn”. But his policy prescription, an improved social safety net, is a quite valid part of the solution. But must we accept that ‘the precarious will always ...

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 ...

Alberta Politics: Postmedia’s symbiotic relationship with the Canadian Taxpayers Federation fails to offer much illumination

PHOTOS: The Canadian Taxpayers Federation’s misleading “debt clock” trailer back when Alberta’s debt wasn’t $10 billion. Now it isn’t $17 billion. Below: CTF Alberta Director Paige MacPherson, telling Okotoks Online that 44,000 teachers should all be handed a big pay cut (Okotoks Online photo); Parkland Institute Research Manager Ian Hussey and tight-fisted Alberta NDP Finance ...

Michal Rozworski: Growing the middle class or adapting the elite consensus?

Today’s federal government budget is a litmus test for the new Liberal government. They campaigned on promises of “real change” from the last regime, including a willingness to increase social spending even if it meant running deficit budgets. And, in keeping with this pledge, spending is up, and the deficit is forecast at $29.4 billion. ...

Michal Rozworski: Fiscal policy for the left, or Corbyn vs Mulcair on deficits

The question of deficits dominated a lot of the economic debate in Canada during the 2015 federal election and even today. Jeremy Corbyn’s Labour Party introduced a new fiscal policy last week that, on surface, appears to mirror the NDP’s anti-deficit stance from the 2015 campaign. Looking closer, however, Labour’s policy diverges quite substantially and ...

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 ...

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  

The Progressive Economics Forum: Boosting the economy for the rest of us

Elites and the talking heads in the media are arguing about how to respond to Canada’s soured economic outlook. Who should try to boost the economy, the federal government via fiscal stimulus or the Bank of Canada via monetary policy? But while elites argue amongst themselves, the overriding context is a transfer and concentration of ...

The Progressive Economics Forum: Dix choses à savoir sur les défis associés avec mettre fin à l’itinérance au Canada

Le 18 novembre, j’ai fait une présentation sur les défis en ce qui concerne « mettre fin à l’itinérance » au Canada au 7 Cities Leadership Summit à Edmonton. Ma présentation, illustrée de diapositives, peut être téléchargée ici. Voici dix choses à savoir en tant que défis concernant « mettre fin à l’itinérance » au Canada. ...

The Progressive Economics Forum: Ten Things to Know About the Challenges of Ending Homelessness in Canada

On November 18, I gave a presentation on “ending homelessness” at the 7 Cities Leadership Summit in Edmonton. My PowerPoint slides can be downloaded here. Here are ten things to know about “ending homelessness” in Canada: 1. In 2008, Calgary became the first Canadian municipality to publicly commit to “ending homelessness.” More than a dozen ...

The Progressive Economics Forum: Ten Things to Know About Homelessness in Canada

This afternoon I gave a presentation at Raising the Roof’s Child & Family Homelessness Stakeholder Summit in Toronto. My slide deck can be downloaded here. To accompany the presentation, I’ve prepared the following list of “Ten Things to Know About Homelessness in Canada.” 1.Efforts to enumerate persons experiencing homeless have generally been spotty, but it ...

The Progressive Economics Forum: Dix Choses à Savoir sur l’Itinérance au Canada

Cet après-midi, j’ai fait une présentation au Child & Family Homelessness Stakeholder Summit, organisé par Chez Toit, à Toronto. Ma presentation, illustrée de diapositives, peut être téléchargée ici. Pour accompagner la présentation, je vous ai préparé la liste suivante des « Dix choses à savoir sur l’itinérance au Canada. » 1. Les tentatives de dénombrer ...

The Progressive Economics Forum: Canada’s failed experiment with corporate income tax cuts

  After a generation of comparatively high corporate income tax (CIT) rates, in the late 1980s Canadian governments at the federal and provincial levels began a series of corporate income tax reforms. According to many mainstream (‘neoclassical’) economists, reducing CIT rates was a wise public policy. A reduced CIT rate means a reduction in the ...

The Progressive Economics Forum: Mr. Harper’s recession

Mr. Harper’s recession Louis-Philippe Rochon Associate professor of economics, Laurentian University Co-Editor, Review of Keynesian Economics   Short of a miracle, Canada is officially in recession, which I predicted back in January. But this recession was wholly avoidable had Mr. Harper and his government abandoned their wicked policies of austerity in favour of a growth-oriented ...

The Progressive Economics Forum: The Austerity Trap

Louis-Philippe Rochon is associate professor of economics at Laurentian University and co-editor of the Review of Keynesian Economics. Originally published by CBC.  See here. In its April budget, the federal government announced it had succeeded in balancing the budget. Such an achievement, however, will prove to be at best a Pyrrhic victory. History shows austerity ...

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 ...

The Progressive Economics Forum: Bank of Canada Holds Rate Steady

The Bank of Canada released it’s quarterly Monetary Report today, and held rates firm at 3/4 per cent. The Bank cut growth expectations for 2015, but expects Canada’s GDP to rebound in 2016. Much of this rebound will depend on a growing U.S. and global economy, and on the ability of Canadian exporters to capture a bigger ...