Wednesday, March 23, 2011

CanadaEconomics: 4-sectored economy: What's Conserv govt gonna' do? Will parliament say Yes or No?

Comment magazine (Mar22,2k11)

Cardus Budget Analysis: 

Good News for Economy, 

Ho-Hum for Society

Read the whole article! Below is just a sampling...

by Ray Pennings and Robert Joustra

... C.D. Howe estimates that the unfunded liabilities of pension plans for federal government employees are enormous, possibly $65 billion higher than reported amounts in public accounts (Laurin and Robson, 2010). Demographically our health care system is in for a related crunch, as hospital beds are overwhelmed with elderly patients. How will the federal government deal with these challenges when the current health accord expires in 2014?"

Our Governor-General reviews our troops, 
presently engaged over Libya.

I continue to be impressed by the work of reformational thinktank Cardus and by Comment magazine, as well as by the contributions of these two writers to Cardus output overall.  -- EconoMix

While we're on the topic at hand, you may also want to check out these materials from Citizens for Public Justice, now based in Ottawa, which has info for us on

Bearing the Brunt

Bearing the Brunt: How the 2008-2009 Recession Created Poverty for Canadian Families details the rise in poverty and economic insecurity caused by the recession. The report examines key economic trends, comparing them to the baseline of 2007 (the last year for which poverty measures are available) in order to understand the recession’s impact.
The report: Bearing the Brunt
A summary document and provincial fact sheets are also available:
British Columbia
New Brunswick
Newfoundland and Labrador
Nova Scotia
Prince Edward Island

Hope for a New Day: 
Federal Poverty Reduction Strategy 
Is Now on the Agenda -- Catalyst (CPJ Winter 2010)
"CPJ's research indicates that poverty increased to 4.3 million as a result of the recession. November's Hunger Count by Food Banks Canada reported unprecedented historic highs in food bank use (up 9% this past year, after a record-setting increase of 18% in 2009).
Also in November, Campaign 2000's 2010 Report Card on Child and Family Poverty, reported that 1 in 1o children still lives in poverty.

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