Posts by Marc Lee

Marc Lee

About Marc Lee

Marc Lee is a Senior Economist at the CCPA’s BC Office. In addition to tracking federal and provincial budgets and economic trends, Marc has published on a range of topics from poverty and inequality to globalization and international trade to public services and regulation. Marc is Co-Director of the Climate Justice Project, a research partnership with UBC's School of Community and Regional Planning that examines the links between climate change policies and social justice. Follow Marc on Twitter

State of the BC Economy

Dec 4, 2012
As we close out 2012, BC finds itself in some precarious economic waters. To recap, a massive housing bubble that built up through the naughties (2000s) finally burst in 2008, feeding a financial crisis, as extremely loose (some would say fraudulent) lending practices pushed housing prices up to spectacular, never-seen-before levels, and created a plague… View Article

BC’s Other Deficits

Nov 28, 2012
The release of the BC Budget Second Quarterly report notes an increase in the projected budget deficit to $1.5 billion, up from $1.1 billion when the beans were first counted back in September. The growing deficit, amid a soft economy, is bound to get plenty of media attention. But this blog post is not about… View Article

BC is giving away its natural gas

Nov 21, 2012
In September, when the BC government tabled its First Quarterly Report on the BC Budget the big story was on plummeting natural gas royalties, which means cuts to public services in order to keep the budget balance in check. As the update states on page 6: The deterioration in natural gas royalty revenue is the main… View Article

Will Frankenstorm put climate change back on the political radar?

Oct 30, 2012
In recent years the world has experienced a sequence of climate-change-related disasters. Hurricane Sandy comes on top of massive drought through the summer that has led to 40% loss of American corn and other grain crops, raging wildfires in the southeast US, tornados and derechos, etc – and that is just the US. Check out this extreme weather… View Article

BC’s Natural Gas Strategy nothing more than a fairy tale

Oct 21, 2012
I have an oped in Saturday’s Vancouver Sun. The editor wanted me to focus on the claims of economic gains for BC, so the piece ended up being a complementary piece to the Behind the Numbers report on GHG emissions and the Natural Gas Strategy. The title was his choice not my own, but I… View Article

Is BC breaking its GHG law by pursuing natural gas development?

Oct 10, 2012
Today we released a new report by yours truly, BC’s Legislated Greenhouse Gas Targets vs Natural Gas Development: The Good, The Bad and the Ugly. It was just five years ago that BC brought in the Greenhouse Gas Reduction Targets Act, a signal that BC was serious about climate action. The Act calls for a 33% cut in emissions by… View Article

What’s Next for BC’s Carbon Tax?

Sep 10, 2012
The Minister leading up BC’s Carbon Tax Review, Kevin Falcon, may be gone – his departure came just as the deadline for submissions was closing – but the carbon tax lives on. For now. Back in 2008 when the carbon tax was announced, it was scheduled to rise from an initial level of $10 per… View Article

Canada’s Emissions Deception

Aug 8, 2012
The federal government released an updated Canada’s Emission Trends 2012 report today. In a remarkable shift in federal rhetoric just this past week, the Harperites now appear to be more sensitive to concerns about the Enbridge pipeline and climate change more generally. But appearances can be deceiving and there is good reason to believe the current charm… View Article

Marc responds to the Minister

Jun 22, 2012
Well, my paper with John Calvert on BC Hydro certainly touched a nerve with the BC government. In a long piece for the Vancouver Sun, Energy and Mines Minister Rich Coleman lashes back. It is great to see the BC government engaging on the issues we raise, but Minister Coleman’s lengthy denial suggests to me… View Article