176 Search Results for wealth tax

What you need to know about the provincial debt

Feb 21, 2017
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One of the more memorable promises Premier Clark made in the last election was the one of a debt-free BC (in 20 years or so). So it’s understandable that people are interested in what has happened to BC’s debt since then. Provincial debt has increased from $60.7 billion in 2013/2014 to an estimated $69.8 billion… View Article

Lessons from the Trump election for progressives in Canada

Nov 18, 2016
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It’s been a little over a week since we were jolted by the profoundly disturbing reality of a Donald Trump US presidency. We’ve all found ourselves in many discussions about how such an abhorrent and blatantly racist and misogynist candidate could have won the most powerful political office in the world, and about how to… View Article

Four planks for a bold and progressive BC jobs agenda

Nov 17, 2016
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BC needs a revitalized jobs plan. The provincial government’s narrow focus on Liquefied Natural Gas (LNG) hasn’t worked. The government hitched BC’s economic wagon to the elusive investment decisions of foreign transnational corporations, and to the ups and downs of international commodity prices, and the hoped-for investment simply didn’t materialize. And for all the talk… View Article

Rising housing prices fuel the growing gap

Sep 19, 2016
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Vancouver is now a “city of millionaires”, according to Environics’ 2016 Wealthscapes report: In B.C., the red-hot real estate market fueled a rise in average net worth, producing Canada’s first “city of millionaires”: Vancouver. In 2015, the average net worth of Vancouver households hit $1,036,202 – an impressive 7.1 percent increase over the previous year. You are forgiven if… View Article
BC Education Minister Peter Fassbender at Mary J. Shannon Elementary school.

What’s the real story behind BC’s education funding crisis?

Aug 24, 2016
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This spring school boards across the province experienced budget crises, raising questions about funding for elementary and high school education in BC (kindergarten through grade 12). Despite provincial government claims that education funding is “at record levels” funding has actually shrunk substantially as a share of BC’s overall economic pie, and fallen almost $1,000 per… View Article

3 problems with the Fraser Institute’s alarmist report on health care spending

Jun 3, 2016
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A new report from the Fraser Institute declares: “Health care spending by British Columbia’s government is unsustainable.” But watchers of Canadian politics know to take that declaration with generous heap of salt, since we hear cries of “out-of-control health care spending” like clockwork from certain quarters (followed by calls for privatized, for-profit care). In fact,… View Article

Create BC jobs by investing in desperately needed services

Mar 16, 2016
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A few months ago, economist and CCPA research associate Jim Stanford gave a talk in Vancouver based on his newest book, Economics for Everyone: A Short Guide to the Economics of Capitalism. Of the many important insights that he discussed, perhaps the most significant concerned a problem that has afflicted British Columbia and most other… View Article

We have a new federal government. What now?

Oct 22, 2015
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Monday’s election results brought a palpable sense of relief to Canadians who had tired of the divisive and nasty politics of the Harper Conservatives, and they point to important lessons for progressives (which we outlined in this previous post). But a majority government is certainly a lost opportunity. A minority outcome would have been far… View Article