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Showing results for tags 'economy'.
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After three months of distance learning that saw low student participation and put parents in the impossible position of teaching their kids while trying to work from home, the Province of Ontario is now proposing three options for September: return of all students to daily school with careful health hygiene, 100% distance learning, or a hybrid that divides all students into two cohorts that attend on alternate days/weeks. While it looks like 100% distance learning is off the table unless there's a big surge of Covid-19 cases or a local outbreak, the hybrid model seems to be the one being pro
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Ray Dalio, Founder of the World's Largest Hedge Fund, Says the System is Broken Of course, most progressives know what Dalio and others like him have been blind to all along. Without strong measures to restrain the worst of capitalism and force redistribution of wealth, this is exactly how capitalism always works - or rather fails to work. When you define success as being richer than everyone else, people will find a way to do just that. Whether it's fair, whether it's moral, whether it's legal; those are things for lawyers and ethicists to quibble over. Only ideologues and idiots
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It seems like many people would like governments to stop worrying about climate change and focus on the economy. Imagine their surprise then, when they find out that according to a survey of economists conducted by the World Economic Forum, the top risk to the global economy is the failure of climate change mitigation and adaptation. Not only that, but many of the other top risks (large-scale involuntary migration, water crisis, extreme weather events, biodiversity loss and ecosystem collapse, food crises) are all events that are associated with climate change. The lesson here is for those
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This is a REAL question but a mod suggested it was a farce and deleted my original post. THIS IS NOT A FRIVOLOUS POST!!!!. Harper has been in office for over decade and I really cannot find any achievement that benefited ALL Canadians - only wealthy businessmen. What will be his legacy - Secrecy? He should come to this thread and personally remind all of us how he helped us live better lives and how. Do YOU feel we have a better life than we did 10 years ago? How has Harper improved education, immigration, and our economy? We still have one of the highest tax rates in the world. Do you
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Economist Jason Brennan looks at the corporate tax rate in Canada and how it relates to corporate profits. You can read his summary of the findings here, but I will discuss them below. Economic thinking since the 1980s goes that loosening the tax burden on corporations will encourage them to invest in infrastructure, jobs, and other ways of expanding the economy. Help us help you is the mantra. So we embarked on a journey of slashing the corporate income tax rate in order to encourage jobs and growth. Every government since then has followed the same line of thinking. Mulroney's government c -
Although Conservatives like to drone on like robots about how Stephen Harper is a "steady hand on the wheel" of the economy, that myth is increasingly hard to square with reality. Not only does a recent poll suggest Harper's reputation as a competent manager of the economy has plummeted, a new analysis shows Harper with the worst economic record of any Canadian Prime Minister since the end of the Second World War. Here is how Harper's economic record fares against the others: Annual Average Growth in Employment: 1% - Worst Average Annual Real GDP Growth: 1.6% - Worst Change in Employme -
http://www.ctvnews.ca/business/unemployment-rose-to-7-per-cent-in-august-statscan-1.2547995 Unemployment rose to 7% in August, although 12,000 jobs were created. Of those 12,000 net jobs, 33,000 jobs were created with tax dollars, namely, teachers, nurses, and public administration jobs. Jobs were added in Saskatchewan, Newfoundland and Labrador, Manitoba, and New Brunswick. The other provinces saw no change. Productivity continues to decline. Hours worked are increasing, while business output decreases. The road to recovery is certainly not clear.
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By now everyone is aware that the country is in a recession by the definition that the Tories legislated themselvestwo quarters of negative growth. Some claim there is a silver lining: jobs are up, GDP grew in June, and our exports to our largest trading partner are up. By now the Conservatives are playing politics with their euphemisms "contraction" and "technical recession." They're using these term because they truly believe that the economy has already recovered and that the dip is meaningless. However, putting the GDP aside and despite the growth in jobs and exports, there are other ind
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A report on the local economy here in Hamilton tells the story that's hidden in those blurbs that appear on the nightly news: "No full time work, no benefits, and no job security." is why so many people are struggling to make ends meet even if they are working today, and gaps in income keep growing. The study shows that Hamilton is in the same predicament as most of Canada....and the rest of the world for that matter -- the benefits that have come along in the last 20 years are mostly being kicked up to the top and the middle class continues to shrink. The effects are especially bad for you -
And it will bring crime, so the money will be spent in jails, cop salary, judge, social workers, insurance. Gambling does not create new value, it just collect money and re-dispatch value that hard working people created, and in the same time, take a large part of the wealth by the bosses of casino, and tax suckers, and some interest groups. It make tax payer suffer more. and at last, more and more people who actually create value will move away, if that becomes true, Toronto can be another Detroit.
