Extend tax filing deadline to ensure low incomes receive benefits

With the ongoing COVID-19 state of emergency, the federal government should waive the requirement that low-income individuals complete their 2019 tax forms by June 1st to continue to receive benefits—or extend the tax filing deadline for low incomes until much later. Millions of low-income families, seniors, and people with disabilities…
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Much stronger conditions needed on federal wage subsidy program

The federal government has announced it is prepared to pay wages subsidies of up to 75% of employee wages for all private businesses and other employers, including non-profits, partnerships and charities that expect a 30% drop in revenues, up to a maximum of $847/worker per week and $11,011 over the…
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Federal economic and monetary updates demonstrate there’s lots of room to expand public services for working Canadians

After many years of “serial disappointment” and concerns about secular stagnation, Canada’s economy is finally growing at a solid pace, as Finance Minister Morneau and the Bank of Canada Governor Poloz underlined in the recent Fall Economic Statement and Monetary Policy Report. This has led to higher revenues, lower deficits,…
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Missing In Action: Federal Budget 2014

Here’s the first section of the budget summary and analysis I’ve prepared for CUPE. The full version is on-line on CUPE’s website together with our press release . Missing In Action: Federal Budget 2014  CUPE Federal Budget 2014 Summary and Response   Conservatives ignore pressing economic needs with a Do-little budget…
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Three Cheers for the Fraser Institute!

At times, the Fraser Institute produces such helpful material. I hope they make their well-heeled funders, such as the multi billionaire Koch brothers, proud. However, I’m sure the Kochs are more concerned missteps by their progeny Mitt and Ryan are derailing their chance to buy the US presidency. So back…
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Dead Money

Kudos to Bank of Canada Governor Mark Carney for raising the profile of the over $500 billion Canadian corporations are holding in excess cash surpluses and not investing in the economy, which garnered front page coverage (and kudos to the CAW for inviting him to speak). It’s not the first time he’s…
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Flaherty’s Christmas List — all Mixed Up

Following recent dismal reports on rising unemployment, stagnant GDP growth, and a deteriorating economic outlook, we can only hope federal Finance minister Jim Flaherty will provide some Christmas cheer with changes “to better promote job creation and economic growth” (as he’s  asked for advice on through his pre-budget consultations). Unfortunately, Santa Flaherty seems to…
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