Results for Hashtag #economy-2

  • #economy-2

    I’m just a bit curious about how informed people are about the changes taking place around us. So here is a question I’d love to have answered by as many people as possible. How probable do you think it is that over the next very few years much will have changed to the world as we know it today. Will we have different currency? Will…[Read more]

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    • ”The Illuminati”???? Are you kidding me?

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    • By voting Liberal, the future will have a chance to be greener, greater and grander sometime after this newly created cycle of economic turmoil ends.

      Our national debt has reached a fiscal peak and prevents us from being more involved in the international markets and environments. Local commerce is an insufficient concept to be sustainable, yet…[Read more]

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    • In my world to John, but I have a 29 year old son who insists I know what I’m talking about before I speak. Now I mostly speak to inform those who aren’t. Yes I realize how futile it seems to be, but more of us still need to learn the reason there was a saying “shout it from the roof tops” . It such a timely wisdom for a time like ours when…[Read more]

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    • All very good questions. I think what is needed is a good look at how countries that are doing well are functioning. Governments that just run on ideology (as this Harper government is doing) will cause more harm than good. What seems to be occurring is the nation state is losing its power to the corporate state. Since corporations can move…[Read more]

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      • I agree with most of what you say. However the biggest problem I have with the Capitalist system is that it is entirely dependent growth. The moment you stop having such, those in the particular market where there is no growth have to cut back their operations in order to survive. Its like a system with is designed to have over production to be…[Read more]

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      • Yes and the first initiatve should be to shut down tax havens. A big opportunity for the U.S to deal with its huge debt and stimulate its economy with infrastructure is to increase marginal tax rates on the top 10% without any loss in economic output. See Thomas Piketty Emmanuel Saez and Stefanie Stantcheva Dec 8 artilcle “Taxing the 1% Whty the…[Read more]

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        • Hi Peter

          I appreciate your comments on tax havens. It is difficult to find anyone who understands the size of the problem. I have just made a few posts on the issue.

          My connection is through Canadians for Tax Fairness where I have volunteered. I am also a CA, tax specialist with over 30 years experience.

          What is your role with tax havens?

          I…[Read more]

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          • Hi Pat,

            I am not an expert on tax havens. However, Neil Brooks who is a professor of tax law at Osgoode Hall Law School in Toronto has coauthored a book with Linda McQuaig entitled “The Trouble with Billionaires”. Chapter 8 of the book which is entitled “Taking The Fun Out of Tax Havens” has some suggestions on page 139 involving…[Read more]

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            • Thanks so much, Peter. I came to exactly the same conclusion but your explanation provides more depth to what has happened.

              As you indicate, stopping the flowof capital to tax havens is essential. To a limited degree, I have been involved in the transfer pricing schemes that cause so much of the tax leakage while not realizing the damage to the…[Read more]

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    • I think somebody takes Jesse Ventura’s conspiracy theory show a little too seriously. When to comes to HARPP, conspiracy theorists say HARPP has been used to cause death around the world, while skeptics say another thing.

      I am not a skeptic or conspiracy theorist. Conspiracies are like religion. So trying to convince a conspiracy theorist that…[Read more]

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      • Regarding conspiracy theories I heard a very profound statement today. The worst case scenario for someone who believes in a particular conspiracy theory and tells others about it in attempt to enlighten them about something, is that if it turns out to be untrue, they are considered a fool. However the worst case scenario for everyone else is…[Read more]

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    • As a political party we should be trying to shape the future. This would start out by having a strategy to deal with each of the issues raised.

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    • On the currency question, what must be answered is what would we change to and what would prompt such change? I don’t foresee Canada adopting the US dollar (for obvious and patriotic reasons) nor the Euro with their current turmoil. Don’t forget, without control over one’s own currency supply, control over inflation is much reduced and monetary…[Read more]

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      • The reason I brought up the conspiracy theory thing was to get people thinking out side the box. The currency thing is a serious issue these days that needs to be dealt with or we’ll have to be dealing with it under a crisis situation when the present financial system as we know it crashes. Many people I have talked to believe that if we woke up…[Read more]

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    • Robert, by local based economies do you mean like what is being accomplished through organizations like CalgaryDollars.ca ?

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  • #economy-2 economy is one word.yet we have two economies.one is the money you earn and can be taxed for.and the other is the underground economy.
    the underground economy is huge.the war on drugs has all but destroyed the regular economy.lets look at the legalization of marijauna.we waste billons every year on arresting our kids and friends.waste…[Read more]

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    • I met Ms. Martha Hall Findlay last week in Antigonish and she made it clear that she did not favour mere decriminalization she wanted to see marijuana distribution taken over pretty much like we do with alcohol and tobacco. I think that she is right this is the best approach!

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  • Maria Radford posted an update 2 years ago

    #economy-2
    I am wondering why no one on this topic has discussed the issue of our position on the use of monetary and fiscal policy in (to put it simply) good and bad economic times. My personal opinion is that we should come down strongly stimulating demand when job growth is lagging by lowering taxes and increasing government spending. …[Read more]

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    • I think the NDP are closer to the mark on this one. While it’s true that spending all the time on everything is a bad idea, there are some things that should be essentially immune to systemic cuts: things like education, health care, supporting the poor, and so on. There are definitely sacrifices that have to be made in rough economic times, but…[Read more]

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    • Michael, I don’t disagree at all. Frankly, as a parent of a disabled adult who lives in Federal co-op housing I’m very sensitive to cuts to the programs for those who are vulnerable (physically or economically). I should have emphasized taxes more than spending in my initial comment. Our taxes have become more and more regressive and these…[Read more]

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    • I think you are absolutely right given that we are in as Paul Krugman has suggested a depression economics. It is ironic that our Prime Ministers’s MA thesis was about Keynesian counter cycical policy. It works but it requires political discipline which has been all too lacking by our PM. So at the height of the business cycle he cut the GST by…[Read more]

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  • #economy-2

    Carney recommending tax incentives for businesses. Low tax rates have resulted in businesses sitting on hordes of cash. Now he proposes giving them more breaks. I suggest that we tax them higher, take the money and use it for infrastructure. Municipalities will spend all the money funneled their way on infrastructure and that creates…[Read more]

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    • I would agree. And if we are worried about government deficits why should be not have temporary surtaxes on corporate profits to fund part or all of the investment in infrastructure.

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  • #economy-2
    I have just joined the Community Forum and have an interest in the inequality of income and wealth and the role that it has played in the U.S depressions in the 1840s, the 1870s and the 1930s. As Krugman and Larry Summers among others have indicated, the U.S. is in a state of depression economics arising from the combination of a…[Read more]

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  • #economy-2 we should start doing something about the economy its getting out of hand, the economy should be taking very seriously im not saying its not but its taking a long time and harper’s goverment dont even know what there doing there making the economy even worse then it is

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  • #economy-2

    Let us create Centers for Entrepreneurship. Let us take some lessons from the SBA in the US, guys like Stece Case and Martha Stewart that are pushing through comprehensive programs to foster and support Entrepreneurship and Job Creation. Most small jobs created in the last 5 years came from Entrepreneurs (1-6 employees) who arte truly…[Read more]

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  • #economy-2 http://youtu.be/gowjKSiLCcM
    Rick hits the nail on the head…why is our government spending 16 million on advertising something that was introduced 3 years ago…and I do believe it was the Liberals, the NDP and the Bloc that forced the Harper government to implement the stimulus package in the first place. Too think that people voted…[Read more]

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    • The only good ideas the conservatives have had in the past 6 years they stole from the opposition.

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    • Mulroney’s words are having an effect. Be scared about the future of the Liberal Party will cause the Cons to start their advertising blitz, even when much of it was not their own doing. Anything to give themselves a consideration in the public’s mind. This will backfire as Harper never has introduced policies with the PUBIC overriding the…[Read more]

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  • #economy-2 Since our personal debt [Canadians] is now off the charts, I want to know who is paying for these endless action plan ads!!

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  • #economy-2

    Recently published statistics
    #national-debt estimated at $585 billion #budget-deficit estimated at $26 billion

    Unemployment Rates (September 2012):

    Canada – 7.4%

    N.L. – 12.3%
    P.E.I. – 11.2%
    N.S. – 8.6%
    N.B – 11%
    St. John, NB – 9.1%

    Quebec – 8%
    Quebec City – 5.4%
    Montreal – 8.2%

    Ontario – 7.9%

    Ottawa – 6.6%
    Thunder Bay –…[Read more]

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  • #economy-2

    I’ve been making a pretty extensive effort to talk to as many business people as I can over the last few months and have been surprised by how many of them have very similar concerns about the poor state of affairs in this Country. Of course I haven’t had the opportunity to branch out much outside my local area yet, but I still think…[Read more]

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    • On the overtime question, did you get a sense of whether the abuse was from smaller or from larger firms? I ask because having worked both at small firms and big firms, I found the abuse of overtime was more pronounced in the smaller firms (larger firms have a larger pool of employees to draw upon).
      Having said that, my last employer (a…[Read more]

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      • Very good point Hugh, thanks for the reply.

        I don’t know if I can answer the question you asked or not. I was going to include saying that all of the employers I spoke to had 300 or less employees. I guess I should have, being that it’s been brought up by the first person making a reply.

        Something else perhaps I should clarify is abuse of…[Read more]

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        • We can easily reframe the 40 hr work week in a way that business can appreciate. The origin of 40 hours per week comes from experiments that Ford motors did in the early days. Henry Ford realized that as the work week increased beyond 40 hrs a week, the productivity gains being made by increasing the work week diminished. In other words, he got…[Read more]

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          • Very good points Hugh. I am a contractor too because I don’t like to be an employee. It does have its ups and downs however, still it is my preference. I don’t think this will ever change for a number of people who feel the same way, but even so. The benefits of working a forty hour week still holds true like you have pointed out in regards to…[Read more]

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            • Interesting. I would have to note that many industries where overtime is the norm are professional services where in most provinces, overtime laws do not apply unless hours worked result in the average hourly wage dropping below the minimum wage. Business models of professional firms tend to take this “free overtime” into account which allows…[Read more]

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              • I will survey that Matthew and get back to you.

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                • Also, with regards to your point on high bonuses one must remember the structure on how these are doled out – through board committees. Old boy comments aside, these bonuses are often calculated by reference to what are determined as “market” rates of compensation, as determined by HR consulting firms and are supposed to be adjusted accordingly,…[Read more]

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                • Thanks. Also take note that there are a wide variety of jobs that are exempt from the minimum wage rules in some provinces. For example, a camp counselor in my province, Quebec, can work two months, 24/7 for $2,000. Also, would this proposed law be applicable at the provincial level -i.e. could it be challenged through he constitution act or…[Read more]

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                  • There is no doubt that the erosion of the forty hour work week has become the economic scourge for workers just wanting to earn a living wage and businesses wanting to provide one. As you have pointed out, there are examples as far as the eye can see to prove this. and something needs to be done to address this However, as daring as this…[Read more]

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                    • I agree with your proposal Robert but you did not really address the crux of my question which was what do to with professions or industries that are, provincially, exempt from minimum wage and overtime laws. For example, are you comfortable with doctors earning $1M per year because they work 100 hour weeks? What about chartered accountants during…[Read more]

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                      • You’ll have to be a bit more specific Matthew. In the sense you are describing professional you are really describing a form of contract which is very simular to someone owning and operating a private business.

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                      • I will try to answer you question as I am understanding it.

                        I am a private contractor and I either work on a set amount price for a job or a set hourly rate that does not change regardless how many hours I work. My hourly rate is high enough to enable me to earn a generous amount of income in forty hours a week. If at all possible I do not work…[Read more]

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    • Great idea Robert. Most original practical economic change i’ve heard of in a very long time. That could be quite a coup if we could be the party that offered meaningful full time employment on our policy platform. Is there a catch though?

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      • No catch . Plain and simple double time for over time.

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        • Of course there’s a catch…there’s always a catch :)

          For one thing we have a shortage of skilled tradesmen in the country – particularly out west and up here in the north. How is double overtime going to help that in the short to medium term? Sure it will create an incentive to train new people[ hopefully aboriginal] but it would not happen…[Read more]

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          • It creates an instant reality check for everyone involved, including business. That we have a over do issue to address in regards to skills training in this Country. According to the people I have talked to Double time for overtime will kick start a great many issues that have been badly neglected over the last couple of decades. First things…[Read more]

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          • While we are bombarded everyday with the news of a shortage of skilled labor, nothing could be future from the truth. This is all part of the plan to make workers believe, if they continue to do their jobs and don’t rock the boat,things will get better for them. This has been going on for quite some time now. Can you honestly say things are…[Read more]

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    • Phillip Hyde gives extensive information and discussion on the subject of variable workweek and control of overtime. He calls the process ”Timesizing”. His website and blog are worth careful study. http://www.doomdujour.com

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      • A very good resource Gary. Exactly the kind of things our little group were disusing when we came up with the idea of “double time for overtime”

        I doubt if its a save all by any means, but it could be just the thing to get the ball rolling. With this kind of stop gap perhaps it would buy us the time to move on to more permanent solutions for…[Read more]

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    • This discussion is interesting but labour is a Provincial responsibility and the mechanism whereby it becomes Federal Liberal policy has to be explored. In my experience with these discussions over the last few years this distinction is not made. As a party we need to be very clear as to what we can and cannot do at the Federal level or what the…[Read more]

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      • Not so Maria. New employees are already are more cost effective for employers than paying over time to whom they already employ. . Double time for over time only levels the playing field for businesses choosing to expand their work force.

        Yes close to 90% of labor codes fall under Provincial jurisdiction, but according to the business people I…[Read more]

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    • I don’t think we can just make some arbitrary statement about what and how companies pay their employees.
      It is my opinion that is why the Values/Principal #weareliberals discussion and end result, is so important.
      Does LPC want, should be involved in such discussion? It is my opinion that government cannot be in and out of issues, to suit their…[Read more]

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      • The real problem is that this proposal is more of a tactic that a ’policy’ that should be the basis of a platform. In this case the issue really whether the Liberal Party protects workers rights and strong Provincial legislation to do so including the right of workers to bargain collectively. I agree with Rick.

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      • Big disagreement there Rick, but absolutely nothing to offer as an alternative tells me you think its best to do nothing. Sorry to ruffle some features, but if this Party doesn’t start growing some balls to make a stand, like many people in the last federal election stated. It doesn’t deserve to be.

        Firstly double time for over time is not…[Read more]

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    • #labourstandards
      As Maria Radford pointed out elsewhere in this thread, wages and overtime fall under Employment Standards which are – exclusively – a provincial jurisdiction. In other words, Employment Standards in any province are not governed by federal legislation, and never will be. For that reason, discussing federal intervention in…[Read more]

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      • I am aware of this Douglas, but not all workers are governed by provincial standards. About 10% are not . Please read the rest of the comments here to get a better prospective of why this is being discussed here. Health care and resources and the environment are under provincial jurisdiction as well.

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  • John Digasbarro posted an update 2 years ago

    #economy-2
    Liberals need to invest in research and development

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    • We certainly have done so in the past. Was there something in particular you might think needs further research or development that is not yet being funded. Would u be open to individuals receiving funding or must they work through the elevated corporate entities? Ballpark figure, what percentage and how many dollars or millions would u prefer to…[Read more]

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    • The problem with Canada when it comes to R&D has been too much foreign investment and ownership, too much dependnence of resources and agriculture, too many monopolies and oligopolies, and too much government ownership (in the sense that government crown corporations are usually not oriented towards exports or investing to develop foreign markets)

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    • This is a CRITICAL ISSUE. In the 1920’s the Tories in Ontario for exactly the reason Brian states, created the Ontario Research Foundation, later renamed ORTECH and cancelled/sold by the Harris government. The type of R&D to be funded/sponsored varied: some was government initiated, some was corporate. The problem was that small businesses and…[Read more]

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  • Robert Halter posted an update 2 years ago

    #economy-2

    I recently watched a very insightful documentary called The 97% currency reform. I would encourage everyone here to give it a watch so we could open a greatly needed informed discussion on what could be done to improve our economic conditions as a people. Its a very well put together production about things we should know about. If…[Read more]

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  • John posted an update 2 years ago

    #economy-2 Liberals must stand for equality of opportunity for all Canadians

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  • #economy-2

    I have a proposal to table so the pros and cons of it can be discussed to determine whether or not it could become a Party policy. Where does one post such a proposal if there are no topic categories it fits into. Perhaps I should be asking, how does one create a new topic? Getting a good answer to that question, my next one is. How…[Read more]

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    • #answers

      @Robert Halter
      decidedly less than one might think.

      New or old topics can be started by shift-three/ indicating a word, idea, thought or expression including relevance.

      Debate will either splinter, fizzle, simmer, smolder, freeze, fan out and/or etc. More formal proposals should be brought to ur EDA executive and general membership.…[Read more]

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    • In the current climate, I doubt much if any attention is paid by the current LPC leadership to what is discussed on this site. Probably the most discussed topic I have seen lately on this site is supply management and the sentiment seems to be at the very least we need to rethink the policy. The current LPC leadership continues to hang on to…[Read more]

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      • I hope some attention is being paid, but whether it has any influence, well that’s another question. I think the LPC is stuck in a holding pattern right now waiting for the leadership race. I don’t see much being done or even said, until the race is in full swing and very little changing until after a choice is made. Unfortunate. I did not support…[Read more]

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