Reading Time: 3 minutes Interest rates are crushing new housing builds. It is time for new solutions
Author: David Macdonald
David Macdonald joined the Canadian Centre for Policy Alternatives as its Senior Economist in 2011, although he has been a long-time contributor as a research associate. Since 2008, he has coordinated the Alternative Federal Budget, which takes a fresh look at the federal budget from a “let’s put people first” perspective. David has also written on a variety of topics, from income supports during the pandemic to federal tax policy, and he is a regular media commentator on national policy issues. David received his BA from the University of Windsor and his MA from the University of Guelph, both in Philosophy.
Alarming statistics highlight child care accessibility crisis in Canada
Reading Time: 3 minutes Lowering child care fees was the easy part. The hard part is building out the system
Federal public sector workers tired of taking a pay cut every year
Reading Time: 3 minutes Of 91 industries tracked by StatsCan, not one has had their wages eroded more by inflation than federal public sector workers
2023 budget finally limits vampire consulting firms in the public service
Reading Time: 4 minutes Under the Liberals, the cost of consulting firms has mushroomed from $8.4B in 2015 to an estimated $21.4B this year
Bank of Canada’s interest rate strategy is failing Canadians
Reading Time: 3 minutes The data shows that interest rate hikes are now increasing inflation, not decreasing it
Reality check: CEO pay is out of control in Canada
Reading Time: 3 minutes The CEO-to-worker pay gap is now 243 times more than the average worker’s pay
CERB repayment fiasco risks ruining a modern approach to federal transfers
Reading Time: 3 minutes Getting benefits directly and immediately from the CRA website is the way of the future
Summertime and inflation ain’t easy
Reading Time: 3 minutes Controlling inflation with interest rates can work, but at a terrible cost
Canada’s richest companies riding the inflation gravy train
Reading Time: 3 minutes Some corporations are doing better than ever while Canadians struggle with skyrocketing cost of living. Let’s tax them