Economy

CETA: A significant shift from democratic governance

Oct 13, 2016
Imagine a far-off dystopia when foreign corporations are given the same status as citizens in public hearings. When the overriding priority for government in issuing licenses for fracking, pipeline and other projects is to make the process simple for corporations. When, regardless of how much a project is opposed by the public, governments have to… View Article

The abysmal economics of LNG

Sep 26, 2016
In the lead up to the last provincial election, British Columbians learned about an economic panacea named LNG – Liquefied Natural Gas. This new industrial sector would take vast amounts of fracked gas pipelined from Northeast BC, and convert it to liquid form for shipment to Asia, where high prices would justify multi-billion dollar investments. BC,… View Article

The fifth annual Welfare Food Challenge is coming up

Sep 13, 2016
The 2016 Welfare Food Challenge—in which participants spend one week eating only what can be purchased with the money a welfare recipient receives—is coming up on October 16th. The organization behind the challenge, Raise the Rates, calculates the amount participants have to spend on food based on the expectation that welfare recipients will have to pay for rental housing,… View Article

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

Aug 24, 2016
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

How the so-called “Clean Energy Plan” still wreaks havoc on BC Hydro’s rates

Aug 22, 2016
My wife says I hold on to things too long. Still, when I read BC Hydro’s most recent rate application to the BC Utilities Commission (BCUC), I couldn’t help but recall Mark Jaccard’s spirited—if misguided—defence of Premier Gordon Campbell’s Clean Energy Plan in a critique of a paper, Lost in Transmission, that I co-authored in 2007. BC Hydro is seeking approval for… View Article

The BC economy’s unbalanced and inequitable growth

Jul 22, 2016
Skyrocketing property transfer tax revenues have been in the news the past few days, but the bigger story, well-documented in a recent Huffington Post article, is how dependent the entire BC economy is on the unsustainable and socially damaging housing market. It is instructive to reread the 2012 BC Jobs Plan to see how far… View Article

BC needs to get to work on working poverty

Jun 29, 2016
Over 100,000 working-age people in Metro Vancouver were working but stuck below the poverty line in 2012, not counting students and young adults living at home with their parents. This is the striking finding of my new report, co-published by the CCPA, the United Way of the Lower Mainland and the BC Poverty Reduction Coalition…. View Article