As the system increases in generosity and accessibility in Atlantic Canada, it may perpetuate the nation’s problems with EI
By Alex Whalen and Fred McMahon The Fraser Institute The spike in unemployment across Canada due to the COVID-19 pandemic has triggered changes in the employment insurance (EI) program. And those changes could lead to significant problems. When unemployment grows in any of the country’s 62 EI regions, eligibility and benefits change along with it.…
Seven in 10 charities report lower revenues. As a whole, the sector has had to lay off 84,000 full- and part-time staff in Canada
The pandemic hasn’t been all bad for us. For some Canadians, it’s actually meant a bit of a financial boon. That’s not to say there haven’t been massive job losses and income losses. It’s just that the losses have happened unequally. The poorest and the youngest took the worst hit. When think-tank Cardus analyzed the…
By reducing business profits, unionization ultimately makes workers worse off, diminishing employment and wages
A recent story in The Monitor – a magazine published by the left-wing, union-friendly think-tank Canadian Centre for Policy Alternatives – provides an important lesson in basic economics. The headline triumphantly proclaims: “Gig workers win the right to unionize.” The end result was unfortunate for the workers, however. An editor’s note at the top of…
The gap between expectations and existing policy is wide. Closing that gap will cost thousands of jobs and devastate whole economic sectors
By Mark Milke and Lennie Kaplan Canadian Energy Centre Aspirations are important in life but it’s always helpful to be clear on the means to the desired end, especially if others are involved. A case in point: General commitments by governments in Canada to significantly reduce carbon emissions by 2030, i.e., the Paris commitment. In…
Higher corporate income tax doesn’t just impose costs on people who own corporations, but also people who work for them
The Alberta government recently announced plans to help encourage economic recovery and growth in the province, including a plan to accelerate corporate income tax reductions that were already in the works. The corporate tax rate will drop from 10 per cent to eight per cent immediately instead of gradually over the next two years. Critics…
It not only generates jobs in the short term, but results in greater productivity, employment and tax dollars in the future
How the economy will be rebuilt in the wake of the COVID-19 pandemic is a major concern for us all. There are many unknowns, making the near future and the years ahead even murkier than usual. So uncertain is Canada’s federal government about economic and financial prospects that it’s not producing a budget, or even…
The Ontario government must take decisive action to get the budget under control when the COVID-19 crisis has passed
Ontario is the most indebted sub-sovereign borrower in the world. Interim financial results for the 2019-20 fiscal year show that the Ontario government ran a $9.2-billion deficit. According to estimates from economists, the deficit is likely to more than triple, largely as a result of the COVID-19 pandemic and economic lockdown, to around $29.3 billion…
Working from home could enhance your work-life balance, but negatively impact your development and career trajectory
As we approach three months working in pandemic lockdown, many organizations are toying with the idea of making remote work a more permanent fixture. The potential advantages are obvious: financial savings from reduced office space, reduced commuting time for employees, the ability to hire from outside the region. For many organizations, the experiment with virtual…
How to mitigate job loss, fear and uncertainty for workers as British Columbia navigates its post-pandemic recovery
COVID-19 represents the largest labour market disruption in British Columbia’s history. Uncertainty and fear among businesses, workers and customers about the pandemic affect how we grasp the new normal and move beyond the crisis. They will only resume their lives and work when they feel safe, and see very low-risk pathways back to commerce and…
Unfortunately, the UCP’s rhetoric has been on-point but its bite hasn’t matched its bark
Alberta Premier Jason Kenney will need to make tough decisions to keep the government’s leaking fiscal ship afloat. But before Kenney can sell necessary spending cuts, he will need to show the public that his United Conservative Party politicians and staff have done all they can to trim their own expenses. So far, the UCP…
By Alex Whalen and Fred McMahon The Fraser Institute The spike in unemployment across Canada due to the COVID-19 pandemic has triggered changes in the employment insurance (EI) program. And those changes could lead to significant problems. When unemployment grows in any of the country’s 62 EI regions, eligibility and benefits change along with it.…
