First it was personal debt. Then public debt too became demonized: balanced budgets and hatred of deficits became items of faith. The development of our deficit hysteria has a long history.
The dismal Gross Domestic Product report from Statistics Canada confirms what working Canadians have known all along -- the Harper government has failed to meet their economic needs.
Progressive activists need our own "storyline" about economics, and enough critical knowledge to reject the claim "there is no alternative" -- to globalization, austerity, or capitalism itself.
The line between truth and truthiness in economic statistics is getting easier to miss. That's a problem because it helps evidence-based decision-making become decision-based evidence-making.
Hennessy's Index looks at appeal of middle-class economics at a time when 90 per cent of Canadians don't feel financially secure.
When asked, about half of Canadians self-identify as middle class. Hennessy's Index looks at appeal of middle-class economics at a time when 90 per cent of Canadians don't feel financially secure.
One great thing Statscan has done in recent years is to make its data freely available, so Marc Lee went to dig deeper on national, B.C. and Vancouver trends. Here are some key takeaways.
Quick. Can you name Canada's Minister of National Revenue? We thought so.
Two recent studies have added to the growing body of empirical evidence that shows a strong correlation between declining union density and rising income inequality.
Watch Roger Annis' talk "Oil, tar sands, coal, natural gas: What's behind the expansion drive of Canada's and North America's fossil fuel industries?"