The federal government this week announced its fiscal response to the growing economic downturn caused by the risks and responses to COVID-19. In total, Ottawa will directly spend up to $27 billion to support individual Canadians and businesses. Many of these measures announced will effectively stabilize income for Canadians and businesses, which is the key to mitigating the economic downturn.
There’s a great deal of discussion right now regarding the need for governments to “stabilize income” and “stimulate the economy.” It’s critical to understand the difference between the two if we’re going to introduce effective policy in response to the current economic downturn.
The Report Card on Ontario’s Elementary Schools ranks more than 3,000 anglophone and francophone public and Catholic schools (and a small number of independent schools) based on nine academic indicators from results of annual provincewide reading, writing and math tests.
Ottawa has a middle-class definition problem by Herbert Grubel The OECD defines the middle class as anyone earning between 75 per cent and 200 per cent of median household income after tax.
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