Middle Class

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Highs And Lows Of The 2017 B.C. Budget

If last year's provincial budget could be described as "petty" after Finance Minister Mike de Jong doled out an increase in assistance rates for those living with disabilities -- only to claw most of it back by ending the subsidized bus pass program -- this year's budget could best be described as "petulant."
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The Case For Universal Basic Income

The combination of four factors, globalization, outsourcing, automaton, and the increasing adaptation and use of artificial intelligence is taking a growing toll on the low-income and middle-class sections of the society in developed countries, which is prompting the debate for the introduction of universal basic income.
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Neoliberalism And The Rise Of Right-Wing Politics

Many Western countries have followed a policy of neoliberalism for the last few decades. A combination of privatization, deregulation including financial deregulation, free trade and globalization characterize neoliberalism. Neoliberalism has been a boon for global economic growth; both developed and developing countries have benefited from neoliberalism in terms of high economic growth.
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Trudeau's Off To A Good Start, With A Long Way To Go

Justin Trudeau has enjoyed an extended honeymoon as a political celebrity on the world stage. He ran a campaign that promised so much and appealed to so many. Trudeau won our hearts and our votes, and after an extended period of Conservative rule, we were eager to see the new, fresh changes that his campaign promised. So after one year, it's time to sit down and ask ourselves: has Prime Minister Justin Trudeau delivered on his promises?
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Trudeau's Pro-Economic Growth Platform Is All About Jobs

With a strong plan to invest in jobs and economic growth, Liberal leader Justin Trudeau has boldly distinguished himself from both Stephen Harper and Thomas Mulcair. Mr. Harper's growth record is the worst of any prime minister in eight decades. There are 160,000 more jobless Canadians today than before he took office. And Mr. Mulcair has strangely sided with the Harper austerity agenda, meaning billions of dollars in program cuts and/or broken promises to concoct the appearance of a balanced budget next year. The Mulcair plan and the Harper plan are formulae for going nowhere. Justin Trudeau is offering the only agenda for real change.
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Trudeau's Plan for the Middle Class Will Reduce Inequality in Canada

Reducing inequalities, if well done as per the progressive Trudeau Plan, will benefit our economy; increasing inequality -- the regressive Harper or Mulcair way -- will only harm it. A strong economy, a just society, a healthy environment: why should we have to choose? If we make the right decisions, we can better achieve all of these goals, precisely because we will not have given up on any of them. Trudeau's plan for fairness to the middle class is one of those good decisions Canadians have to make, in the interest of all.
CP

93 Per Cent of Canadians Get Nothing from Doubling the TFSA Limits

For those who readily have an extra $4500 available every year, after they've paid their taxes, this increase would be an attractive future tax break. But is a higher limit fair to taxpayers across the board? The answer to that question depends on how many taxpayers at various wealth levels will be able to benefit from the higher contributions.
CP

It's in Every Canadian's Best Interest for the Middle Class to Grow

The fact is that nearly nine out of 10 Canadians believe the cost of living is outpacing their household income. Our economy has more than doubled in size since 1980, but median incomes have flat lined. Household debt has ballooned to over 163 per cent of disposable income. As Liberals, we believe a strong economy is one that provides the largest number of good jobs to the largest number of Canadians. But by that measure, we are in trouble. Canadians continue to work hard, but the majority of them are finding it tougher and tougher to get by.
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Want a Middle Class? Imitate Alberta and Saskatchewan

There has been much hand-wringing over the claimed disappearance of the middle class. At the national level important policy such as a stable currency and domestic peace matter to the creation of prosperity and the formation of the middle class. But domestically, consider one issue -- tax rates -- that can be easily compared across provinces and which has an effect upon wealth creation and thus opportunities and jobs.