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Climate action will stimulate economy and jobs

Just before the world met in Cancun for climate talks, Conservatives in the Senate -- abetted by the prime minister -- deprived Canadians of legislation that would address the pressing problem of global climate change and also usher in a prosperous clean energy economy.

When pressed why the Conservative Senate called the premature vote on the Climate Change Accountability Act on Nov. 16th, Prime Minister Stephen Harper retorted that it would have thrown "hundreds of thousands, possibly millions of people out of work."



Ten points in Canada's real economic update

The minister of finance has made his Fall Economic Update. We wanted to hear what he had to say about government spending -- but we didn't. Why? Because the real story is one of austerity.

The federal finance minister promised Canadians a look at what is happening with the economy. On the surface, the job is fairly straightforward. James Flaherty has to say whether the economy is growing, or not; and he has to say what he intends to do about it.

| September 12, 2014
July 18, 2014 |
According to the Alberta Federation of Labour, only 228 permanent jobs will be created from a pipeline opposed by 130 First Nations, most B.C. municipalities, and half of British Columbians.
Photo: Neal Jennings/flickr
| June 9, 2014

Major numerical problems in Tim Hudak's jobs plan

Photo: manningcentre/flickr

When Ontario PC leader Tim Hudak kicked off the current election campaign with a plan to "create a million new jobs" in Ontario, he tried to dress up the platform launch with a certain scientific respectability. The party released a "technical backgrounder" showing the precise composition of the million new jobs, along with two commissioned consultants' reports that were said to justify the estimates contained in the plan.

Photo: Ann Douglas/flickr
| May 22, 2014

Tim Hudak, One Million Jobs and the sighting of UFOs

Photo: manningcentre/flickr

One of my all-time favourite comments by an economist goes like this:

"If two people claim to have seen a UFO, with one person claiming that it was large and the other person claiming that it was small, should we assume that the UFO was medium-sized?"

This great comment -- actually by two economists, Brian MacLean and Mark Setterfield -- reminds us of a basic, often-neglected law of economics: The fact that people assert something to be true doesn't mean that it is.

Photo: manningcentre/flickr
| May 13, 2014

Leaking jobs in Canada through our foreign accounts deficits

Photo: Robert Fairchild/flickr

Recent incidents of Canadians losing jobs to temporary foreign workers have panicked Conservative Minister Jason Kenney into imposing a moratorium on the use of these workers by the restaurant industry.

Importing low-wage labour works against Canadians looking for a raise. However, Canadians looking for a job are also hurt by recent trends in foreign trade. An outflow of spending from Canada indicates weakness in the ability of the economy to generate jobs.

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