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Cake day: June 10th, 2023

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  • High inflation is worse for workers than high interest rates since wage hikes always lag price rises. This round of inflation was brought to us by poor economic decisions … pumping billions of dollars into the economy without raising taxes, as well as the Ukraine war. It wasn’t caused by corporate greed, as some claim. The BoC is doing absolutely the right thing. If they don’t raise rates now they only kick the can down the road when the pain would be far worse.



  • You can’t solve a shortage of houses by discouraging people from building them. Canada is simply not building enough housing and has not been doing so for a long time. Your proposal would have a marginal effect at best and would in any case be only a temporary solution. People who buy second homes do so in places where there are generally few jobs. And people who buy houses as an investment need to rent them … which is not necessarily a bad thing. The problem we have is that home prices have risen to such stratospheric heights primarily because of policies that discourage new development. The only way to fix that is to promote legislation that penalizes NIMBYism and encourages building in urban areas.


  • It’s more than just funding though.

    'Canada is above the OECD average in terms of per-person spending on health care. Among 38 countries in the OECD in 2020 (the latest year for which comparable data is available), spending per person on health care remained highest in the United States (CA$15,275). Canada’s per capita spending on health care was among the highest internationally, at CA$7,507 — less than in Germany (CA$8,938) and the Netherlands (CA$7,973), and more than in Sweden (CA$7,416) and Australia (CA$7,248).".

    Canada is a vast country which definitely makes the provision of health care a challenge. But Australia has around the same population density as us, spends a little less than we do and their health care is excellent.



  • Just to add to this, a Prigozhin government would likely be far worse for Ukraine. While Putin had few qualms brutalizing civilians and committing war crimes Prigozhin has none. He’s a ruthless, murderous thug. The best outcome would be that he is defeated by the Russian military but that they have to withdraw troops from Ukraine, allowing the Ukrainians to seize the initiative with their offensive. The worst outcomes don’t bear thinking about.


  • maporita@lemmy.mltoCanada@lemmy.ca*Permanently Deleted*
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    1 year ago

    The damage done to indigenous people by the residential schools was enormous and the effects will take generations, and lots of effort and resources to repair. There are no quick fixes. This law allows the liberals to appear to be doing something without them actually having to do something. Burnishing their progressive credentials, whether it be on environmental policy, voting reform or indigenous rights, and then not following through with concrete action is par for the course.