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Canada’s fight against inflation: Bank of Canada could induce a recession
History tells us that the Bank of Canada has a 0% success rate in fighting inflation by quickly raising interest rates. If a pilot told me that they’d only ever attempted a particular landing three times in the past 60 years with a 0% success rate, that’s not a plane I’d want to be on. Unfortunately, that looks likes the plane all Canadians are on now.
Bank of Canada has zero per cent success rate controlling inflation at present level without recession: analysis
Recession triggered in every instance over past 60 years READ THE FULL REPORT HERE. OTTAWA—The Bank of Canada has never been successful engineering a “soft…
The Monitor, July/August 2022
The Future of Growth Download 4.32 MB Issue highlights: The benefits of an inclusive infrastructure model: Part of a trilogy: 1) Trish Hennessy examines promising…
Non-viable businesses need an”off-ramp”
Throughout the pandemic, many small- and medium-sized businesses have weathered the storm, thanks to federal government help. In his deputation to Canada’s federal Industry Committee, David Macdonald says it’s time to give those businesses an “off-ramp”.
Corporate profits capturing more of economic recovery compared to any recession in last half century
Corporate profits are capturing more economic growth than in any previous post-recession recovery period over the past 50 years; workers are capturing among the least…
Truth bomb: Corporate sector winning the economic recovery lottery; workers falling behind
This isn’t a workers’ wage-led recovery; in fact, inflation is eating into workers’ wages, diminishing their ability to recover from the pandemic recession. Corporate profits are capturing more economic growth than in any previous recession recovery period over the past 50 years.
Reciprocal but not optimal
CCPA comments on the government’s reciprocal procurement proposals This spring, Global Affairs Canada sought advice on the development of a reciprocal procurement policy that would…
Austerity is no solution for inflation
With rising inflation, it’s important to consider what governments can—and shouldn’t—do about it. Listening to the austerity hawks would do more harm than good.
Workers’ wages haven’t kept up with rising inflation: report
Two-thirds of Canadian workers have experienced real wage losses over the last two years CLICK HERE TO VIEW THE FULL REPORT OTTAWA—Nearly two-thirds of Canadian…
Un pas en avant
Évaluation des répercussions sur le marché du travail de la hausse du salaire minimum en Ontario en 2018 Download 1.08 MB29 pages Ce rapport décrit…
One Step Forward
Assessing the labour market impacts of Ontario’s 2018 minimum wage increase Download 1.07 MB28 pages This report examines the impact of increasing Ontario’s minimum wage…
Profit squeeze: Excess corporate profits are making inflation tougher for Canadians
Twenty-six per cent of higher inflation for Canadian households is being driven by excess profits
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