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Austerity doesn’t work Ontario can reach balance by enhancing public services, equality and tax fairness . Presentation to the Commission on Public Services and Tax Fairness Ottawa, 16 January 2012 Toby Sanger, Economist Canadian Union of Public Employees.

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Presentation to the Commission on Public Services and Tax Fairness Ottawa, 16 January 2012


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Presentation Transcript
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Austerity doesn’t workOntario can reach balance by enhancing public services, equality and tax fairness

Presentation to the Commission on

Public Services and Tax Fairness

Ottawa, 16 January 2012

Toby Sanger, Economist

Canadian Union of Public Employees

cuts to public spending will hurt economy
Cuts to public spending will hurt economy

Sources:Informetrica Ltd, Centre for Spatial Economics, Finance Canada Budget 2009 (p. 240)

solutions
Solutions

Invest in public services

  • Provides immediate economic boost
  • Increases labour force and productivity
  • Reduces inequality

Fair and progressive taxes

  • Improves economy
  • Funding for public services

Proactive economic and wage policies

  • Increase sustainable economic growth
  • Increase wages and labour share