Real Unemployment Rate = 11.3%

Statistics Canada reported significant employment growth today for the first time in six months. As Andrew has already noted, welcome strength in March does not make up for the five preceding months of stagnation. Compared to September 2011, full-time employment has increased by 21,900 while Canada’s labour force and population…
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Alternative Budget Provides path for Nova Scotia to Move Forward to Fairness

Last week, the Canadian Centre for Policy Alternatives-Nova Scotia (CCPA-NS) released its flagship annual publication, the Nova Scotia Alternative Budget (NSAB). This report brings together a wide range of experts, including economists, social scientists, community representatives and social advocates who propose a more inclusive, long-term and forward-thinking approach to the…
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Ontario to Mine for More Revenue

Last week’s provincial budget promised a mining sector review “to ensure Ontario receives fair compensation for its non-renewable resources,” a proposal advanced by this blog and the United Steelworkers before appearing as a Drummond recommendation. The relevant budget section begins with the following observation: “Ontario has the highest value of…
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Selling the 2012 Federal Budget: Envy-nomics 101

“It’s time for the public sector to have its 2008 recession,” proclaimed former RBC Chief Economist Patty Croft, impeccably dressed and looking admirably well-rested (early retirement seems to suit her), on CBC Newsworld’s The Bottom Line. We know that governments make budgets, and budgets are about choices, but her wish…
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