Economy

HST and the NDP

Aug 21, 2010
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Let’s face it. You can’t blame the NDP or anyone else enjoying the drubbing the Liberals are getting from Bill Vander Zalm and co. It is incredibly fun to watch. There is no question that the drubbing is well deserved. Whatever one thinks of the merits of an HST versus the PST it replaced, it… View Article

The impact of the recession on young people

Aug 13, 2010
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The International Labour Organization published a report this week on world youth unemployment that seems to have some relevance here in British Columbia. The study, Global Employment Trends for Youth, outlines the devastating impact the recession has had on young people worldwide.  More than 80 million people aged 15 to 24 were unemployed at the… View Article

‘Prosperity’ Mine

Jul 30, 2010
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So there I was in Durham near Newcastle, enjoying a pint in a very historic and charming little pub called the Dun Cow (where do the Brits come up with these names). I was looking at some old photos of hard working folks coming out of the mines and couldn’t help but think of B.C.’s… View Article

Marc’s Summer Reading

Jul 22, 2010
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With summer comes a lightening of my work load, so I’ve finally found some time to dive into a few interesting books. These are all related to my ongoing research interests (I do have some fiction sitting around waiting for a real holiday, with Barbara Kingsolver’s The Lacuna at the top of the pile): The… View Article

Will the HST boost job growth and when?

Jul 6, 2010
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As BC and Ontario have now started paying the HST at the till, many people may be wondering when exactly can we expect to see those jobs postings opening up. This is a good question. According to analysis commissioned by the BC government from economist Jack Mintz, titled British Columbia’s Harmonized Sales Tax: A Giant… View Article

On the economic impacts of the HST

Jul 5, 2010
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My previous HST post focused on the impact of the tax on households and I concluded that it’s likely that it will cost families and that some modest income families will be hurt by the tax. Is this sufficient reason to campaign for the tax to be repealed? Not necessarily. Public policy is about choices… View Article

View from the Top: Income Inequality in BC

Jun 2, 2010
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A fascinating, and shocking, literature on the incomes at the very top of the distribution has emerged in recent years. Typically, Statistics Canada only reports income distributions for quintiles, or 20% groupings, and occasionally deciles, or 10% groupings. But new research based on tax filing has shown that the real action has been at the… View Article

Job creation alone will not solve BC’s poverty problem

Apr 29, 2010
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Whenever he’s confronted with questions about BC’s record high child poverty rates or by the growing income inequality in the province, our Premier maintains that the best social policy is a job. In fact, reducing the costs of doing business in BC seems to be this government’s chief economic strategy. Consider the HST, for example,… View Article