Economy and economic indicators

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Farewell from Shannon Daub How to meet Canada’s 2030 climate targets Fires & migrant farmworkers COVID-19’s growing toll on hospitals and public health Assessing the new protections for platform workers BC can afford more investments in social and environmental priorities Donor spotlight: Kirsten Krismer The CCPA-BC’s 2023 gala
Read the full report online here. The average CEO collects $7,162 an hour. It takes just over eight hours in the new year for the top 100 CEOs to clock in an average of $60,600—what the average worker in Canada makes in an entire year. By 9:27 a.m. on January 2, 2023, Canada’s top CEOs would have already made $60,600 while the average Canadian worker will toil all year long to earn that amount of pay.
BC’s carbon crossroads: The Energy Action Framework takes the wrong path Taxing land wealth for the public good: Provincial policy options Here’s how BC should protect app-based workers British Columbia’s regulation of dikes full of leaks and in need of overhaul Landmark health care case spotlights problems of a profit-centred system Some important updates from our team at CCPA-BC 2023 Gideon Rosenbluth Memorial Lecture with Ha-Joon Chang Save the date for our annual in-person gala: Nov. 23, 2023
Previously published in the
Income inequality is getting worse in Manitoba: the market income of the bottom 20 percent of Manitoba families declined while the top 20 percent of Manitoba families received greater income increases than the national average. 
Claim: “Budget 2023 removes 47,400 low-income Manitobans from the tax rolls and saves the average family $1,000” Impact: More of the Basic Personal Amount tax change money will go to Manitoba’s richest 10% than the bottom 50% combined. The poorest 10% (100,100 Manitobans) get no benefit from this change as they don’t make enough to be on the tax rolls currently. The second-poorest 10%  (990,900 Manitobans) saves only $74 by the increase in the Basic Personal Amount.
The 2023 Manitoba budget proposes over half a billion dollars in tax cuts, but many Manitobans won’t see a dime, while the richest Manitobans will get the lion’s share of this money. The Canadian Centre for Policy Alternatives has shown that over 100,000 Manitobans – those with the lowest income and most in need – will get nothing from these tax cuts.  In fact, the bottom 500,000+ Manitobans will get less than the 100,000+ highest-income Manitobans.
The Convoy that took over Ottawa for a month last year just met outside Winnipeg this past weekend. While the right to protest is an essential part of our democracy, it is important to look critically at this movement that has harboured white supremacist, libertarian and in some cases even fascist beliefs.  These ideas have originated most recently in the USA, but have a long and odious history elsewhere in the world.
Click here to read the full report online.  What's driving inflation in Canada? Between 2020 and 2022, business prices increased by a whopping 19 per cent in the country on average. Where did those dollars go?
OTTAWA—Of every dollar spent on higher prices in the last two years, 47 cents was converted into corporate profits in four industries, led by mining, oil and gas extraction, explains a new report by the Canadian Centre for Policy Alternatives (CCPA). In Where are Your Inflation Dollars Going, CCPA Senior Economist David Macdonald examines what’s driving inflation in Canada, using a new approach. It shows four industries are dominating in inflationary corporate profits. Of every additional dollar spent on inflation:

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