Skip to content

We did the math.

Behind the Numbers

Canada’s fight against inflation: Bank of Canada could induce a recession

History tells us that the Bank of Canada has a 0% success rate in fighting inflation by quickly raising interest rates. If a pilot told me that they’d only ever attempted a particular landing three times in the past 60 years with a 0% success rate, that’s not a plane I’d want to be on. Unfortunately, that looks likes the plane all Canadians are on now.

Non-viable businesses need an"off-ramp"

Throughout the pandemic, many small- and medium-sized businesses have weathered the storm, thanks to federal government help. In his deputation to Canada's federal Industry Committee, David Macdonald says it's time to give those businesses an "off-ramp".

Truth bomb: Corporate sector winning the economic recovery lottery; workers falling behind

This isn’t a workers’ wage-led recovery; in fact, inflation is eating into workers’ wages, diminishing their ability to recover from the pandemic recession. Corporate profits are capturing more economic growth than in any previous recession recovery period over the past 50 years.

Ontario health spending will be too low if the 2022 budget is passed

Provincial underfunding of health care has consequences for all Ontarians

Ontario budget falls flat on funding for public services

The Ontario government has tabled its election budget. Public services got short shrift.

The straight answer: Education funding in Ontario has dropped since 2018

A strong public education system that allows all children to recover from these difficult years is possible

The Great Sidestep: Income and wealth inequality swells with little government action

Government custodians of wealth and power have been unwilling to address the income and wealth pyramid in Canada. They neglect this at our peril.

Why Ontario needs to raise more revenue

Ontario has lagged behind other provinces for a long time

Two years into COVID-19 and the need for long-term care reform couldn’t be more urgent

Canada needs to take the profit motive out of the long-term care system

It’s not the carbon tax that’s driving up gas prices

The solution to high gasoline prices is to reduce our reliance on fossil fuels altogether

Economic recovery for whom? For all the talk of recovery, many women and gender-diverse people are still struggling

As we head into budget season, the question we should be asking is: recovery for whom?

Ontario’s rosy revenue picture isn’t helping public services

If new revenues go to tax cuts, not public services, we will all pay the price

Latest oil boom no boon for workers nor the climate

We must ensure high oil prices today translate into green jobs and a clean economy tomorrow

Budget outlook: $5 billion in annual tax cuts weaken Ontario’s case for federal dollars

If the provincial government needs more money—and it certainly does—then why has it been giving so much away?

What can governments do to combat inflation? A lot

Tackling inflation can be part of a public-led recovery—it only requires government to reduce or maintain prices in areas they control.

Show your support

Since the beginning of the pandemic, our writers and researchers have provided groundbreaking commentary and analysis that has shaped Canada's response to COVID-19. We've fought for better supports for workers affected by pandemic closures, safer working conditions on the frontline, and more. With the launch of the new Monitor site, we're working harder than ever to share even more progressive news, views and ideas for Canada's road to recovery. Help us grow.

Support the Monitor