http://www.cbc.ca/canada/story/2000/06/01/hrdc_000601.html
This article explains how our Liberal dominated government, has said that the Human Resources department (the largest federal department) should be broken up. Commons committee has said that the department has become way to big and should be broken down to smalled focused departments. Over the past months Human Resources Minister, Jane Stewart has had to face consequences due to billions of dollars given to the Human Resources Development Canada and they way the money was handled. It was reported that it was found the HRDC was too fixisated on job creation.
This article has to do with the Human Resources Policies in chapter 8. The department of Human Resources Development Canada is in charge of the policies which are used as stabilization policies aimed to lessen the amount of structural unemployment in the economy. HRDC is prepared to take several measures to reduce the amount of enemployment in Canada.
Sunday, May 25, 2008
Tuesday, April 29, 2008
Ch. 7-Bank of Canada pumps more into financial system
http://ctv2.theglobeandmail.com/servlet/story/RTGAM.20080429.wbankofcanada0429/business/Business/businessBN/ctv-business
The article explains that the Bank of Canada, in order to ease the credit conditions in the country's financial system has put in another 2 billion dollars into the system. The roll over of money was not expected, but it does reflect the bank's view on how credit would be too difficult for Canada. This has been the fourth cash deposit since December, bringing the total to 12 billion dollars. The banks has stated that the injection of money was “continuing provision of liquidity in support of the efficient functioning of financial markets.”
This article relates to chapter 7 due to its relationship with the Bank of Canada. In chapter 7 the Bank of Canada was a main topic of discussion due to the Bank's impact in our economy. The Bank of Canada is like the head of all banks in Canada, it is essentially the central bank in Canada. The Bank of Canada is in charge of issuing bank notes in Canada, therefore the circulation of money can be impacted by any changes to do with the Bank of Canada. With more money the bank the cashflow of money will not likely decrease.
The article explains that the Bank of Canada, in order to ease the credit conditions in the country's financial system has put in another 2 billion dollars into the system. The roll over of money was not expected, but it does reflect the bank's view on how credit would be too difficult for Canada. This has been the fourth cash deposit since December, bringing the total to 12 billion dollars. The banks has stated that the injection of money was “continuing provision of liquidity in support of the efficient functioning of financial markets.”
This article relates to chapter 7 due to its relationship with the Bank of Canada. In chapter 7 the Bank of Canada was a main topic of discussion due to the Bank's impact in our economy. The Bank of Canada is like the head of all banks in Canada, it is essentially the central bank in Canada. The Bank of Canada is in charge of issuing bank notes in Canada, therefore the circulation of money can be impacted by any changes to do with the Bank of Canada. With more money the bank the cashflow of money will not likely decrease.
Friday, March 28, 2008
Ch. 5- Number of Canadians on EI rises in December
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20080226/statscan_ei_080226/20080226/
This article discusses the distinct increase of Canadians receiving EI benefits. It has been recorded that in December 458,900 Canadians received EI benefits. That was 10,060 more Canadians than in the previous month of November and the first increase in 5 months. Statistics Canada has reported that in 8 different provinces the number of residents receiving EI benefits has increased more than 2 percent in provinces such as Ontario, Saskatchewan, and Quebec. However compared to December 2006 the number of residents receiving EI benefits fell 5%. In total our government spent $705 million.
This article relates to chapter 5 because in the beginning of the chapter we learned about EI benefits and how the benefits were important part of the economy. The number of people employed and unemployed would contribute to the labour force, which was also a topic we covered in chapter 5. However, even though EI benefits are suppose to be a positive aspect in the economy, there are some negative aspects to the employment insurance as well.
By observing the increase in December it could possibly become an alarming issue that such a massive increase all of a sudden in the economy could be a sign that something is wrong. With so many people unemploymed unvoluntarily, does that mean that some aspect of our economy is heading towards a recession? Or is it that a resource is not being used well enough to sustain the company employees? I agree that EI benefits are beneficial to the economy and to workers who are trying to make a living. However, with EI benefits comes with people who could potentially try to cheat and exploit the government. This would be the disadvantage of the EI benefits, because it is hard to track a person's progress. They do have to file a report between periods of time, but there is no way of tracking down each one to verify the information. But EI benefits do provide a balance and sort of like a catching net, for workers who unfortunately had to unvoluntarily leave their job. The EI benefits acts as the government's way of helping a worker out and lendng a hand, so that the worker may get a new job and get back on their feet.
This article discusses the distinct increase of Canadians receiving EI benefits. It has been recorded that in December 458,900 Canadians received EI benefits. That was 10,060 more Canadians than in the previous month of November and the first increase in 5 months. Statistics Canada has reported that in 8 different provinces the number of residents receiving EI benefits has increased more than 2 percent in provinces such as Ontario, Saskatchewan, and Quebec. However compared to December 2006 the number of residents receiving EI benefits fell 5%. In total our government spent $705 million.
This article relates to chapter 5 because in the beginning of the chapter we learned about EI benefits and how the benefits were important part of the economy. The number of people employed and unemployed would contribute to the labour force, which was also a topic we covered in chapter 5. However, even though EI benefits are suppose to be a positive aspect in the economy, there are some negative aspects to the employment insurance as well.
By observing the increase in December it could possibly become an alarming issue that such a massive increase all of a sudden in the economy could be a sign that something is wrong. With so many people unemploymed unvoluntarily, does that mean that some aspect of our economy is heading towards a recession? Or is it that a resource is not being used well enough to sustain the company employees? I agree that EI benefits are beneficial to the economy and to workers who are trying to make a living. However, with EI benefits comes with people who could potentially try to cheat and exploit the government. This would be the disadvantage of the EI benefits, because it is hard to track a person's progress. They do have to file a report between periods of time, but there is no way of tracking down each one to verify the information. But EI benefits do provide a balance and sort of like a catching net, for workers who unfortunately had to unvoluntarily leave their job. The EI benefits acts as the government's way of helping a worker out and lendng a hand, so that the worker may get a new job and get back on their feet.
Wednesday, February 20, 2008
Ch.4-Feds won't follow B.C. lead on carbon tax: Baird
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20080220/carbon_tax_080220/20080220?hub=TopStories
The article I have chosen was taken from the CTV news website. In this article the ferderal government has expressed their thoughts about the new carbon tax that has been imposed on British Columbia to fight the climate change. Environmental Minister John Baird has said that the federal government would prefer environmental regulations than the new carbon tax. Since Finance Minister Carole Taylor tabled her provincial budget on Tuesday, British Columbia has become the first juridiction in North America to have the carbon tax. In this matter, the federal government has chosen not to follow BC's lead. Minister Baird has said, and I quote, "We're not looking at coming forward with one (carbon tax,'') he told The Canadian Press. "We've taken different approaches.'' Baird does note that Ottawa and British Columbia are not at odds with the issue, but it is just that each side will approach the issue differently. He points out that what may work in British Columbia may not work in Alberta. He explains how different provinces are coming up with different approaches to the issue. Baird does point out that the federal government has been working with BC on some environmental issues such as the the tidal power project near Victoria. He says that there are dozens of things with respect to fighting climate change, and that the biggest initiative for the federal government right now is to regulate the big polluters. However, Minister Taylor says that BC will not be waiting for a consensus when it comes to fighting global warming.
In my opinion I believe that BC has shown initiative in regards to fighting global warming. However, I also believe that in regions up in northern BC, it is harder for them to not use their cars. In many isolated areas it is one of the few means of getting around. The carbon tax has allowed BC to be one of the first provinces to initiate the first step to making a change to our future. I understand why the federal government would not want to take this approach to battling climate change at the moment. Taxes have always been an issue in our society and the amount which the public must pay out of their income has caused different arguments, agreements, and promises in the past. But considering how just only a few years ago, global warming was denied. Now we now just how much damage we have caused. No one knows whether or not the damages done can be reversed to lessen the extent of damage. Although the intent of the carbon tax is good, there will be much controversy in the public's eye (there always is when it comes to money). Even though I feel that right now the federal government does not agree with the carbon tax and initiating it federally. Environmental regulations for some areas of Canada may not be enough. Each situation is different, and the way some industries and built upon a natural resource such as oil, could cause a unpleasant change to their habits. Oil is not renewable, none of the fossil fuels are, therefore with the usage for it going up, I feel that so should the price. With the way that we are using resources now, I do not feel that environmental regulations and taxes will be enough. We need to find other renewable resources and find a way to minimize the consumption of these resources.
The article I have chosen was taken from the CTV news website. In this article the ferderal government has expressed their thoughts about the new carbon tax that has been imposed on British Columbia to fight the climate change. Environmental Minister John Baird has said that the federal government would prefer environmental regulations than the new carbon tax. Since Finance Minister Carole Taylor tabled her provincial budget on Tuesday, British Columbia has become the first juridiction in North America to have the carbon tax. In this matter, the federal government has chosen not to follow BC's lead. Minister Baird has said, and I quote, "We're not looking at coming forward with one (carbon tax,'') he told The Canadian Press. "We've taken different approaches.'' Baird does note that Ottawa and British Columbia are not at odds with the issue, but it is just that each side will approach the issue differently. He points out that what may work in British Columbia may not work in Alberta. He explains how different provinces are coming up with different approaches to the issue. Baird does point out that the federal government has been working with BC on some environmental issues such as the the tidal power project near Victoria. He says that there are dozens of things with respect to fighting climate change, and that the biggest initiative for the federal government right now is to regulate the big polluters. However, Minister Taylor says that BC will not be waiting for a consensus when it comes to fighting global warming.
In my opinion I believe that BC has shown initiative in regards to fighting global warming. However, I also believe that in regions up in northern BC, it is harder for them to not use their cars. In many isolated areas it is one of the few means of getting around. The carbon tax has allowed BC to be one of the first provinces to initiate the first step to making a change to our future. I understand why the federal government would not want to take this approach to battling climate change at the moment. Taxes have always been an issue in our society and the amount which the public must pay out of their income has caused different arguments, agreements, and promises in the past. But considering how just only a few years ago, global warming was denied. Now we now just how much damage we have caused. No one knows whether or not the damages done can be reversed to lessen the extent of damage. Although the intent of the carbon tax is good, there will be much controversy in the public's eye (there always is when it comes to money). Even though I feel that right now the federal government does not agree with the carbon tax and initiating it federally. Environmental regulations for some areas of Canada may not be enough. Each situation is different, and the way some industries and built upon a natural resource such as oil, could cause a unpleasant change to their habits. Oil is not renewable, none of the fossil fuels are, therefore with the usage for it going up, I feel that so should the price. With the way that we are using resources now, I do not feel that environmental regulations and taxes will be enough. We need to find other renewable resources and find a way to minimize the consumption of these resources.
Friday, January 18, 2008
Ch.3-Nova Scotia will overhaul healthcare system
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20080117/scotia_health_080117/20080117?hub=Health
Halifax--The Nova Scotia government has announced that there will be a major overhaul for the way they deliver health care. The government has accepted all recommendations from consulting firms that the healtcare system (the way it is configured right now) will not be able to sustain itself. Premier Rodney MacDonald will be implementing the 103 recommendations over the next 3 years. The content of the report will guide the government to provide a safe, accessible, appropiate, effective and efficient healthcare system. Premier MacDonald has made it clear that a thriving healthcare system is crucial to the future of Nova Scotia. Some changes that would affect consumers, doctors and nurses would be changes to the ER in smaller hospitals. The report says that not all smaller hospitals should provide emergency care. This is because some ER's are used as substitutes for doctor's offices. This is not to say that all the rural hospitals will have their ER's closed down, but there will be a change to how they will run. The private partnerships will continue to thrive as long as the government and private firms are acting within the Canada Health Act guidelines, no queue jumping, are are paid with public money.
I feel that this new change for the Nova Scotia health care system will benefit the citizens of Nova Scotia. Considering how many newspaper articles have been about the poor healthcare procedure in our ER's, the change in Nova Scotia could potentially be the push that other provinces need. Healthcare has been a public good and provides positive 3rd party effects. Doctors provide healthcare for us so that we are able to provide for our families and communities for the future. We all pay for healthcare with our taxes and benefit plans that come with many occupations, so then it benefits everyone; a unmet public good.
Halifax--The Nova Scotia government has announced that there will be a major overhaul for the way they deliver health care. The government has accepted all recommendations from consulting firms that the healtcare system (the way it is configured right now) will not be able to sustain itself. Premier Rodney MacDonald will be implementing the 103 recommendations over the next 3 years. The content of the report will guide the government to provide a safe, accessible, appropiate, effective and efficient healthcare system. Premier MacDonald has made it clear that a thriving healthcare system is crucial to the future of Nova Scotia. Some changes that would affect consumers, doctors and nurses would be changes to the ER in smaller hospitals. The report says that not all smaller hospitals should provide emergency care. This is because some ER's are used as substitutes for doctor's offices. This is not to say that all the rural hospitals will have their ER's closed down, but there will be a change to how they will run. The private partnerships will continue to thrive as long as the government and private firms are acting within the Canada Health Act guidelines, no queue jumping, are are paid with public money.
I feel that this new change for the Nova Scotia health care system will benefit the citizens of Nova Scotia. Considering how many newspaper articles have been about the poor healthcare procedure in our ER's, the change in Nova Scotia could potentially be the push that other provinces need. Healthcare has been a public good and provides positive 3rd party effects. Doctors provide healthcare for us so that we are able to provide for our families and communities for the future. We all pay for healthcare with our taxes and benefit plans that come with many occupations, so then it benefits everyone; a unmet public good.
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