Economy and economic indicators

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OTTAWA – Le budget fédéral du 27 janvier sera l’un des plus importants de toute l’histoire du Canada et devrait respecter cinq critères essentiels, a indiqué le Centre canadien de politiques alternatives (CCPA). « Ce que comporte ce budget a des conséquences plus importantes que jamais » affirme l’économiste en chef du CCPA Marc Lee. « Les Canadiens s’attendent à un budget qui permettra de conjurer le pire de la récession actuelle, de maintenir et créer des emplois et de jeter les bases d’une économie plus juste, plus écologique et plus durable.»
News on Thursday of the government’s stimulus plans should come as a disappointment to Canadians. The Conservative’s continued underestimation of the economic crisis will force Canadians to suffer higher job losses and a longer recession than necessary.
In the weeks leading up to the January 27 federal budget, Jim Flaherty is hinting that he will turn, once more, to the traditional Conservative fix for everything: tax cuts. Not only is this response yesterday’s news, it is the wrong answer for today’s problems. Tax cuts are not the kind of economic stimulus that would re-ignite consumer confidence, and there’s proof of that south of the border.
OTTAWA—Le Centre canadien de politiques alternatives (CCPA) a publié aujourd’hui le Programme de stimulation fiscale de l’Alternative budgétaire pour le gouvernement fédéral, un programme d’un an qui doit permettre de créer 407 000 emplois, accroître l’économie de 3% et aider à protéger les canadiens contre les pires effets de la récession.
OTTAWA—Today the Canadian Centre for Policy Alternatives (CCPA) released the Alternative Federal Budget (AFB) fiscal stimulus plan, a one-year package that would create 407,000 jobs, boost the economy by 3%, and help protect Canadians from the worst of a recession.
Hugh Mackenzie, researcher at the Canadian Centre for Policy Alternatives, gives you the dirt on the growing income gap between Canada's very rich and the rest of us. http://www.youtube.com/v/WjRUwkt2vqs&hl=en_US&fs=1
TORONTO – Canada may be in for a rocky economic ride, but the nation’s best paid 100 CEOs are still basking in the glow of the banner year of 2007: they got a record 22% average pay hike in 2007. Canada’s best paid 100 CEOs tallied one billion in average total earnings – a historical first, according to a report on CEO pay by the Canadian Centre for Policy Alternatives (CCPA).