This first piece might go some way to explaining the whacky prices for real estate in Vancouver and Toronto. Ouch!
How Canada became an offshore destination for ‘snow washing’. The country’s opaque jurisdictions allow owners of private companies to remain anonymous and the firms to remain in the shadows
Do corporate officers really need us to hand them $200m worth of deductions for their entertainment expenses every year? Nope. And that’s just for starters, a handful of loopholes are costing the public vast sums.
What could Canada do with $12 billion lost to tax loopholes exploited by corporations and wealthy elites?
image: Alex Indigo via Flickr/CC
Amalgamating urban/suburban jurisdictions to relieve suburban poverty was advocated recently in a think tank report.
‘Just a second,’ we say.
Based on direct observation of merging sprawl zones with older centres in Canada in the 1990s this is not necessarily a hot idea.
Clashing expectations and entitlements when it comes to program priorities and the taxes that support them are virtually guaranteed under amalgamation schemes. I doubt greater Toronto’s Tory-led merger, enacted in 1998 and still viewed as illegitimate by many, can be said to have done much for poverty in say north Etobicoke or Scarborough. Montreal had such awful experience of merging boroughs and core that they wound up eventually reversing it.
image: Taylor Riche via Flickr/CC
Nearly a week was required just to get a basic description together of the damage done by Hurricane Katrina to New Orleans, Louisiana in 2005. Assessing Hurricane Harvey won’t be any easier. If Katrina is the template we know that lower income and racialized groups will be bearing the brunt of this, big time.
An item from Thursday’s Washington Post is a good starting point regarding this multi-layered event and its consequences.
Media largely blind to Harvey’s devastating impact on poor Communities.” Hurricanes don’t care if you’re rich, poor, white, or black—but that doesn’t mean that every person is equally vulnerable to a storm.”
Houston’s human catastrophe started long before the Storm. Decades of neglect, inequality, and disenfranchisement mean that all Houstonians, but especially the poorest and most vulnerable, have been left utterly undefended
Consider how inappropriate regional development makes Houston so vulnerable.
See also: (1207) Hurricane Harvey
image: screenshot of newsreel from Texas Archives holdings
Kudos to Vox for showing interest in the idea of a universal basic income. This particular feature covers a Roosevelt Institute report into the impressive leveraging effects that could accompany the implementation of a UBI in the United States. We’re talking trillions.
Is it just us or is there something ominous about the content at the link below? For working people in Canada the jacking up of rents that has gone along with the real estate bubble is akin to a substance toxic indeed.
Something’s happening in Canadian real estate that hasn’t been seen in 47 years
image: Tom Woodward via Flickr/CC