By David Bush Oh there goes gravity. In short order the COVID-19 pandemic has triggered an unprecedented global economic downturn, whose full force we have not even begun to register. Global supply chains — in ruins. Industries like airlines, tourism, hospitality, railways, entertainment, retail, restaurants, manufacturing, auto — smouldering craters. Stock markets — a carnival Continue readingThe Viral Crash
economics
By Emily Leedham Amelia Deneka, a student and first time organizer disrupts a United Conservative Party meet and greet at the University of Alberta on Wednesday, March 6. In what could be a result of the protest, UCP leader Jason Kenney ended up not speaking at the event. Deneka shares why they organized the event Continue readingManitoba’s Austerity Budget & Protesting Jason Kenney
By Michal Rozworski How big is your deficit? This Ontario election, no one seems to care—and that’s a decisive positive to emerge from a campaign that’s too often been submerged in the politics of personality. There is more and more light sneaking through the widening cracks in Canada’s austerity consensus. Hopefully, it will shine not Continue readingThe Ontario election isn’t about deficits—and that’s a good thing
By Guio Jacinto The recent wage data provided by Statistics Canada, from their monthly Labour Force Survey (LFS), is encouraging. The data for March 2018 confirms the trend we began to see emerge in late 2017. After stagnating for much of 2016 and 2017, wage growth appears to be finally accelerating. For the sixth month Continue readingWorkers wages rise, but Mo’ money for management
By Pam Frache and Alex Hunsberger Don’t believe the spin from the business press. StatsCan data show provinces that significantly hiked minimum wage rates in 2017 are doing better than they were this time last year. What’s more, these provinces are actually outperforming their low-wage counterparts, as their unemployment rates are declining most quickly among Continue readingDon’t believe the spin about January’s job numbers