• Commentary,  Gender and Work

    Provinces Should Welcome Federal Child Care Plan With Open Arms

    On the heels of the Centre for Future Work’s new report on the economic benefits of a national early learning and child care program, Director Jim Stanford prepared this commentary (originally published in the Toronto Star) on the fiscal benefits that would flow to provincial governments under the plan. Those provinces with the most underdeveloped child care systems today (namely, Ontario and the prairies) have the most to gain from a new national system: they should embrace the federal proposal enthusiastically. After years of false starts, the federal government seems intent to finally move forward with a national child care program. The Liberals’ recent Throne Speech put it bluntly: “The…

  • COVID,  Employment & Unemployment,  Gender and Work,  Research

    Child Care Expansion Would Boost Economic Recovery, Study Finds

    Implementing a new national child care system would generate several important benefits for Canada’s economy as it recovers from the COVID-19 pandemic and recession, according to new research from the Centre for Future Work.  A universal national early learning and child care (ELCC) program would create over 200,000 direct jobs in child care centres, 100,000 more jobs in industries which support and supply the ELCC sector, and facilitate increased labour force participation and employment by up to 725,000 Canadian women in prime parenting years. The report, prepared by economist Dr. Jim Stanford (Director of the Centre for Future Work), also projects large increases in Canadian GDP as a result of…

  • Uncategorized

    Child Care Expansion Would Boost Economic Recovery, Study Finds

    Implementing a new national child care system would generate several important benefits for Canada’s economy as it recovers from the COVID-19 pandemic and recession, according to new research from the Centre for Future Work. A universal national early learning and child care (ELCC) program would create over 200,000 direct jobs in child care centres, 100,000 more jobs in industries which support and supply the ELCC sector, and facilitate increased labour force participation and employment by up to 725,000 Canadian women in prime parenting years. The report, prepared by economist Dr. Jim Stanford (Director of the Centre for Future Work), also projects large increases in Canadian GDP as a result of…

  • Commentary,  COVID,  Fiscal Policy

    The Debt Monsters are Awakening … but Don’t be Afraid

    For the first few months of the COVID-19 pandemic, traditional voices of fiscal austerity were largely silent – even as governments began to incur very large deficits in response to the pandemic. More recently, however, prominent advocates of balanced-budgets and debt reduction have renewed calls for spending restraint. In this commentary, originally published in the Toronto Star, Jim Stanford explains why current deficits are not so “spooky” – and why focusing on deficit-reduction would make the recession worse. Trick-or-treating has been banned in several cities this Hallowe’en to limit the spread of COVID-19. But a rag-tag swarm of frightening creatures has nevertheless come out to frighten Canadians: with spooky stories…

  • Commentary,  COVID,  Employment & Unemployment,  Macroeconomics

    The Economy After COVID: What Comes Next?

    Some day the COVID-19 pandemic will end – hopefully soon! But we will then be left with an enormous economic challenge: building back jobs and incomes after the worst economic downturn since the 1930s. How can we do that? TVO’s flagship program The Agenda, hosted by Steve Paiken, recently convened a panel of economic experts to consider that question – including Jim Stanford, Director of the Centre for Future Work. Stanford emphasized the need for sustained attention to job-creation, warning it would take years to regain normal employment levels. He also highlighted that any premature focus on reducing deficits and cutting back government spending would prolong the recession, and only…

  • Commentary,  COVID,  Labour Standards,  PowerShare,  Trade Unions

    Amidst COVID, Unions More Relevant Than Ever

    One surprising consequence of the COVID-19 pandemic and recession has been a notable increase in the proportion of employed Canadians who belong to a union. This partly reflects an increase in union organizing among workers who feel unsafe or exploited during the pandemic (in long term care homes, other health facilities, hospitality and retail workplaces, and others). It is also due to the fact that workers without a union have fewer job protections – and hence more of them lost their jobs, more immediately, as the pandemic hit. Centre for Future Work Director Jim Stanford recently joined the Out of Left Field podcast to discuss the opportunities for strengthening trade…