Reduces Inequality
Crown corporation project encourages economic developmentNewfoundland and Labrador crown corporation Nalcor Energy's mapping project is a small example of how some governments are questioning the assumption that all governments can do to encourage economic development is hand out tax breaks. |
Mediocre innovation record blamed on lack of government involvementIn a recent article in the Toronto Star, internationally recognized expert on innovation, Mariana Mazzucato, blamed lack of direct government involvement for Canada's mediocre record when it comes to innovation. |
Pension plans provide economic boostThe recent suggestion by the CEO of the world's money management firm BlackRock that good pensions were “one of the fundamental reasons” Canada didn't suffer as much as the United States during the last recession is just the latest reminder of how pension plans provide a boost to the economy. |
Trend in employment numbers a concernThere is good reason to be concerned about what has happened to employment numbers in Canada over the last few months. While employment numbers fluctuate from month to month, Statistics Canada is reporting that, “there has been little overall employment growth in Canada since August 2013.” |
Creating middle class jobs requires improving existing onesA recent blog post from the Broadbent Institute argues that part of creating middle class jobs must be improving the quality of precarious low income jobs. A comparison of occupations and wages revealed that less than half of the core work force – those between 25 and 54 – is employed in occupations that could be considered middle class. |