If Canada is to succeed in reaching climate targets, pathways to net-zero emissions must be rooted in the principle of putting people first and prioritizing systemic change that results in an economy that works for all Canadians, the Pembina Institute says in a new report.
A one per cent tax on wealth over $20 million would generate nearly twice as much revenue as previously calculated by the Parliamentary Budget Office, money that could lift hundreds of thousands of Canadians out of poverty and fund health, social and environmental programs, new research by the CCPA-BC shows.
This report looks at the ongoing impact of the COVID-19 pandemic on the economic security of women in Canada and the current efforts to respond to urgent economic need in the short- to medium-term, as well as demands for fundamental systemic change moving forward. Do Canada’s pandemic responses measure up? Are they providing essential financial support to those in need? Are they working to eliminate systemic barriers facing women—and marginalized women, in particular—in the labour market? Are they setting a course for an intersectional feminist recovery—one that not only recovers lost ground, but also tackles long-standing economic disparities?
Uncertainty can be paralyzing. Uncertainty when the stakes are high, doubly so. Ask five people how Canada should get to net zero emissions by 2050, and you may get six answers. There is no shortage of ideas: electrification, carbon capture and storage, direct air capture, hydrogen fuel, small modular nuclear—all are on the table, and many more. As a result, uncertainty and debate persists around the relative importance of any one solution on the way to net zero.
The pandemic hasn’t dampened the interest of big and small Canadian investors in participating in the transition to a clean economy, according to research released today by the Pembina Institute. But, in order to start channelling more of their savings and capital to climate solutions they need greater clarity on the rules from governments and regulators, and more transparency and disclosure on climate risk from companies.
This report tracks Canadian income inequality through 75 years of growth and recessions and speculates about the post-COVID-19 future. It emphasizes the importance of the economic paradigms informing the public policies which have shaped, and will shape, inequality and how the problems that one paradigm could not solve have informed the emergence of the next paradigm.
On February 23, 2021 the House of Commons Standing Committee on Transport, Infrastructure and Communities met to discuss the mandate of the Canada Infrastructure Bank. Included below are notes from Climate and Social Justice Campaigner Dylan Penner’s presentation to the committee about why the bank should stop supporting privatization and public-private partnerships.
The upcoming federal budget is likely to set the terms of the next federal election.
The deficit hawks who had been quiet during much of the early pandemic spending are back in full force and have signalled the terms of debate. And most pundits and think tanks are asking the same questions:
In order to rectify our present we need to know our past.
This submission is an excerpt from the Broadbent Institute’s recent report, Addressing Economic Racism in Canada’s Pandemic Response and Recovery, that uncovers why Black, Indigenous and racialized people have been experiencing worse health and economic outcomes during the COVID-19 pandemic...