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Enhancing Public Services for Balanced Growth in Ontario

Discover how Ontario can achieve financial balance by strengthening public services, promoting equality, and introducing fair taxes. Toby Sanger, an economist from the Canadian Union of Public Employees, highlights the inefficacy of austerity measures and emphasizes the importance of investing in public services to bolster the economy, reduce inequality, and increase productivity. With a focus on fair and progressive tax policies, this presentation to the Commission on Public Services and Tax Fairness outlines viable solutions to foster sustainable economic growth and narrow the pay gap for women while addressing rising inequality and slowing economic progress.

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Enhancing Public Services for Balanced Growth in Ontario

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  1. 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

  2. This time interest rate cuts can’t save us

  3. Household debts at record levels

  4. Cuts to public spending will hurt economy Sources:Informetrica Ltd, Centre for Spatial Economics, Finance Canada Budget 2009 (p. 240)

  5. Low tax and “supply-side” polices have failed to stimulate growth

  6. Rising Inequality, Slowing Economic Growth

  7. Public sector wage bill not out of control

  8. Public sector pay more equitable: less of pay gap for women

  9. Public sector pay more equitable at all levels

  10. 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

  11. Fair and Progressive Tax Options

  12. Ontario can reach balance by enhancing public services, equality and tax fairness

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