OPINION: Income inequality becomes more entrenched in Canada

OPINION: Income inequality becomes more entrenched in Canada

The Canadian Centre for Policy Alternatives, in a recent study on income inequality, arrived a startling conclusion. It stated that by 7:47 a.m. on the first working day of the year, Canada’s top 100 CEOs have already pocketed $49,510 — a sum it takes most Canadians a year to earn.

It should not have taken me by surprise, after a lifetime of living and working in the area of poverty as a social worker. Income inequality is an important indicator of equity in a country. It has implications for social outcomes such as crime, life dissatisfaction and poverty.

The most common […]

Between failure and collapse is the best time to act

Between failure and collapse is the best time to act

Writer and activist Naomi Klein Events are happening so fast and a US presidency unravelling so quickly that Naomi Klein’s new polemic – much like last night’s news – is in danger of appearing outdated before it has a chance to sink in.

Pity, because No Is Not Enough is more than an extended rant against President Donald Trump and the apotheosis of corporate America’s power-grab.

While the author and activist is excessively preoccupied with the consequences for American of a misogynistic, racist and climate change denier in the White House, she also believes a good crisis should not go to […]

Why market liberals should embrace the idea of a basic income.

Why market liberals should embrace the idea of a basic income.

The Huffington Post The Guardian ’s comment pages have proven to be interesting reading lately, with articles concerning neoliberalism and how the political class seems to have fallen out of love with the idea of the market becoming widely shared on social media. Both pieces certainly make for interesting reading. The former deals with how the neoliberal ideal engulfed the globe ; whilst the latter, “ How Britain Fell Out of Love with The Free Market ” , notes that both Labour and the Conservatives have moved away from the open, liberal market principles they once championed. I initially […]

Writer Owen Poindexter, registered nurse Rochelle Pardue-Okimoto join CA-15 district race

Writer Owen Poindexter, registered nurse Rochelle Pardue-Okimoto join CA-15 district race

Activist and public servant Cheryl Sudduth joins race for District 15 assembly seat BUSD board member Judy Appel joins race for Tony Thurmond’s state assembly seat Former Obama adviser announces campaign for Tony Thurmond’s assembly seat Two additional candidates, writer and activist Owen Poindexter and registered nurse Rochelle Pardue-Okimoto, joined the expanding list of candidates for the 2018 California 15th State Assembly District election.

Poindexter, a freelance writer and host for the politics podcast The Basic Income Podcast, filed his intent to run for the district assembly seat Aug. 14, but has since been in a “soft launch mode.” Pardue-Okimoto, […]

Brian Dean: ‘Alt-left’ has always been a valid signifier

After Donald Trump condemned the role of the “alt-left” at Charlottesville, a flurry of articles appeared claiming “there’s no such thing as the alt-left” – that it’s a “myth” created by the right and/or “centrist liberals” to discredit the left.

CNN, for example, quoted commentators who claimed that “alt-left” is a “made-up term” used by people on the right – that it’s “not a thing. It’s just an insult”. The Washington Post, meanwhile, claimed that liberals – not the right – invented the label.

I was surprised to read these claims that the “alt-left” doesn’t exist. In the 1990s, I was […]

CPP at age 65 is affordable, for now

CPP at age 65 is affordable, for now

Advisor.ca staff, with files from The Canadian Press

Your employees’ retirement plans are affected by how long they stay in the workforce. Whether or not they work past 65 often depends on government policy, which ultimately affects all Canadians no matter their ages.

The previous Conservative government raised the eligibility age for the old-age security benefit to 67 from 65 to save on costs and prod people to work longer. The Liberals reversed the decision in their first budget, but have stuck by the need to keep older Canadians in the workforce longer.A spokesperson for Social Development Minister Jean-Yves Duclos said […]

Tory critic says old age security report shows need to rethink age requirement

OTTAWA — Record-high spending forecasts for the old age security program show a need to rethink the age of eligibility, among other measures to keep it sustainable, the opposition Tories say.

The chief actuary’s report forecasts spending to hit about $247 billion by 2060 — five times what it is slated to be this year — due to a coming wave of retirements and people living longer, meaning they draw on old age benefits longer than the program originally envisioned.

The previous Conservative government raised the age of eligibility for OAS to 67 from 65 to save on costs and prod […]

The Long Case For Ultra Petroleum Corp. (UPL)

The Long Case For Ultra Petroleum Corp. (UPL)

Ultra Petroleum Corp. (NASDAQ:UPL) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 1.68B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. As the day-to-day narrative ebbs and flows for this company, it is more important than ever to step back and get a bird’s eye view of the fundamental reality under the surface of this story.

Ultra Petroleum Corp. (NASDAQ:UPL) Fundamentals That Matter

It’s generally a […]

Abercrombie & Fitch Co. (ANF): More In-Depth Monitoring is Needed

Abercrombie & Fitch Co. (ANF): More In-Depth Monitoring is Needed

Abercrombie & Fitch Co. (NYSE:ANF) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 622.87M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

Abercrombie & Fitch Co. (NYSE:ANF) Fundamentals That Matter

It’s generally a good idea to start with […]

CAMPBELL: When we didn’t lock our doors

CAMPBELL: When we didn’t lock our doors

It occurred to me that in my last couple of columns I have included a lot of statistics — about Medicaid, robots and Universal Basic Income. What’s next, charts and graphs? It’s time for a drastic change of pace, so this week I am reverting back to nostalgia, to the days when there was a lot less crime, especially in small towns such as Buffalo and McKenzie, Tenn., where I grew up.

In McKenzie, a city of 3,600 during the 1950s, I can’t recall any major crimes being committed — I never heard of a murder taking place, for example […]