Politics & Policies

This category contains 621 posts

Universal Basic Income – These things are utopian one expert says

Universal Basic Income gets all this attention and popularity, but I haven’t seen one model that’s even on the planet of financial feasibility. These things are utopian. Finland is conducting an experiment in giving every adult a check for €800 a month, which would require spending far more than what the government raises in taxes. Whatever … Continue reading

A Basic income or Guaranteed Income for Canada – Would cost the treasury more than $500-billion a year

The Finnish example is typical of the fiscal folly. The Finns propose a monthly transfer of €800 ($1,200) a person, which sounds nice until you do the math and figure out this would require a doubling of existing taxes to fund the program. This transfer would barely replace what low-income Finns already get under their … Continue reading

Economic Immigration in Canada –  The processing time is 67 months

In the economic class, if an application was filed between 2008 and 2010, the processing time is 67 months while for the ones filed between 2010 and 2014, is 13 months. Canada takes in about 260,000 immigrants each year in all categories, combined. The statistics were not available for last year, but in 2014, 66,661 … Continue reading

Ontario pension plan benefits indexed to inflation: Wynne

It won’t be launched for another year, but details of the Ontario Retirement Pension Plan (ORPP) were unveiled Tuesday, and it includes benefits indexed to inflation. Last April, Ontario passed legislation to create a provincial pension for the more than 3.5 million people who do not have a workplace pension. The ORPP will be phased … Continue reading

UK – A £1,000 charge to employers for every non-EU migrant worker the Migration Advisory Committee (MAC) says 

Companies which hire skilled workers from outside the European Union should face a £1,000 surcharge per head, the Government’s official immigration advisers have said.  The Migration Advisory Committee (MAC) said that by increasing the cost of hiring from abroad, the new charge would encourage employers to invest in training British workers instead. The salary threshold … Continue reading

Unemployment Insurance in US – The President’s proposal

The President’s proposal contains three core elements: Protecting Workers with Wage Insurance:  The President’s plan would ensure workers have access to wage insurance that would replace half of lost wages, up to $10,000 over two years. Displaced workers making less than $50,000 who were with their prior employer for at least three years would be … Continue reading

Minimum wage in US – If adjusted for inflation, the minimum wage of 1968 would be $10.90 today

If adjusted for inflation, the minimum wage of 1968 would be $10.90 today. That is a whopping reduction of the federal minimum wage by a third. It’s worth noting that the unemployment rate was 3.6 percent in 1968 with a higher real minimum wage. So the unemployment rate is higher today — at 5 percent … Continue reading

Refugees in Germany – Only 8 percent find work in the first year

The influx of refugees into Germany is both a boon and a burden for the economy: it needs huge numbers of migrants to rejuvenate an aging workforce, but must financially support many for years until they learn the language and gain qualifications. The country needs about half a million migrants a year until 2050 to … Continue reading

Syrian Asylum Seekers – Nordic countries have reached the political limit

Sweden, Norway, Denmark and Finland, countries that long set the standard for welcoming refugees from war and persecution, are rapidly rethinking their generosity as the tide of migrants to Europe strains their budgets and roils their politics. The abrupt change in the Nordic nations is one of the most striking consequences of the surge into … Continue reading

US – 79% utilized online resources in their most recent job search

The internet is a top resource for many of today’s job hunters: Among Americans who have looked for work in the last two years, 79% utilized online resources in their most recent job search and 34% say these online resources were the most important tool available to them Online employment resources now rival personal and … Continue reading

UK – Immigrants’ spouses must speak English before entering Supreme Court says

The supreme court has rejected a challenge against an immigration rule requiring spouses to be able to speak English before moving to the UK. Five justices in London had been urged to rule that the pre-entry measure was “unreasonable, disproportionate and discriminatory”. But the panel, led by the court’s president, Lord Neuberger, unanimously dismissed an … Continue reading

US – Republican presidential candidates on the minimum wage 

The most recent Republican presidential debate coincided with a nationwide day of action from the Fight For $15, a grassroots movement advocating for higher minimum wages. To Fox Business anchor Neil Cavuto’s credit, he seized this opportunity to ask the candidates a simple question: “Are you sympathetic to the protesters’ cause?” The answer was a … Continue reading

Immigrants who had prior Canadian skilled work experience had a very large initial earnings advantage study finds

Although most Canadian temporary foreign worker programs did not include provisions that allow participants to apply for permanent residency until recently, a substantial number of temporary foreign workers have become landed immigrants since the 1980s. For instance, from 2008 to 2012, about 32,000 temporary foreign workers gained permanent residency each year, accounting for 13% of … Continue reading

China – A plan to push back retirement

China has the world’s lowest retirement age. Chinese officials want to shed that distinction. The average retirement age in China is 55, younger age than any other country, a senior social security minister said this week. As a result, he said, officials will soon unveil a plan to push back the country’s retirement age, which … Continue reading

UK – Some details on the apprenticeship levy to come

Although consultation on the Levy closes today, it’s clear that some questions have already been answered. The Levy will see ‘large’ employers (probably those with over 250 employees), paying a percentage (probably around 0.5%) of their payroll costs to the government, to be spent on apprenticeship creation. It’s not yet clear how the system will … Continue reading

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