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	<title>Geoff Meggs &#187; Economy</title>
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	<link>http://www.geoffmeggs.ca</link>
	<description>Vancouver City Councillor</description>
	<lastBuildDate>Thu, 29 Jul 2010 17:19:58 +0000</lastBuildDate>
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		<title>Building permits show dramatic rebound from 2009; residential construction doubles, 80 laneway houses built</title>
		<link>http://www.geoffmeggs.ca/2010/07/16/building-permits-show-dramatic-rebound-from-2009-residential-construction-doubles-80-laneway-houses-built/</link>
		<comments>http://www.geoffmeggs.ca/2010/07/16/building-permits-show-dramatic-rebound-from-2009-residential-construction-doubles-80-laneway-houses-built/#comments</comments>
		<pubDate>Fri, 16 Jul 2010 04:43:49 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[Development]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Housing]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=4166</guid>
		<description><![CDATA[With city finance officials already beginning the 2011 budget preparations, these end-of-June building permit stats will be good news: residential construction has nearly doubled this year over the same period last year to $437 million.
A new category this year is laneway housing. Eighty have been issued permits, 17 in the last month alone.  Total value [...]]]></description>
			<content:encoded><![CDATA[<p>With city finance officials already beginning the 2011 budget preparations, these <a href="http://vancouver.ca/commsvcs/CBOFFICIAL/stats/pdf/jun10bps.pdf">end-of-June building permit stats</a> will be good news: residential construction has nearly doubled this year over the same period last year to $437 million.</p>
<p>A new category this year is laneway housing. Eighty have been issued permits, 17 in the last month alone.  Total value of that construction is $7.7 million.</p>
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		<title>Good news from China: after a wave of strikes, suicides, workers are getting a raise</title>
		<link>http://www.geoffmeggs.ca/2010/06/08/good-news-from-china-after-a-wave-of-strikes-suicides-workers-are-getting-a-raise/</link>
		<comments>http://www.geoffmeggs.ca/2010/06/08/good-news-from-china-after-a-wave-of-strikes-suicides-workers-are-getting-a-raise/#comments</comments>
		<pubDate>Tue, 08 Jun 2010 19:27:08 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Environment and Sustainability]]></category>
		<category><![CDATA[Environment]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3965</guid>
		<description><![CDATA[In China&#8217;s polarizing economy, where a tiny few have become fabulously wealthy, minimum wage workers would spend half a day&#8217;s pay to buy a small Starbucks caffe latte.
To put that in perspective, a small latte at the Georgia and Granville Starbucks was priced today at $3.05. Anyone here tried to get by recently on $6 [...]]]></description>
			<content:encoded><![CDATA[<p>In China&#8217;s polarizing economy, where a tiny few have become fabulously wealthy, minimum wage workers would spend half a day&#8217;s pay to buy a small Starbucks caffe latte.</p>
<p>To put that in perspective, a small latte at the Georgia and Granville Starbucks was priced today at $3.05. Anyone here tried to get by recently on $6 a day? </p>
<p>That&#8217;s the lot of millions of Chinese workers. Increasingly, however, <a href="http://www.theglobeandmail.com/report-on-business/economy/chinas-low-cost-workers-have-richer-days-ahead/article1595464/">they are winning raises</a>, very large raises.</p>
<p>That&#8217;s good news. Their lives will improve. China&#8217;s economy will become more consumer, rather than export-oriented. Downward pressure on wages globally will ease. But how many consumers can one planet support?</p>
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		<title>Vancouver School Board budget crisis highlights the &#8220;case of haves versus have-nots&#8221;</title>
		<link>http://www.geoffmeggs.ca/2010/04/05/vancouver-school-board-budget-crisis-highlights-the-case-of-the-haves-versus-the-have-nots/</link>
		<comments>http://www.geoffmeggs.ca/2010/04/05/vancouver-school-board-budget-crisis-highlights-the-case-of-the-haves-versus-the-have-nots/#comments</comments>
		<pubDate>Mon, 05 Apr 2010 19:09:14 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Patti Bacchus]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3503</guid>
		<description><![CDATA[Last night&#8217;s Global News coverage of $18 million in impending cuts by the Vancouver School Board &#8212; likely to trigger layoffs, a shorter school year and school closures &#8211;  ended with this predictable declaration by the Canadian Taxpayers Federation spokesperson Maureen Bader: &#8220;taxpayers pockets are empty, they just can&#8217;t be picked anymore.&#8221;
Really?
A concerned parent who [...]]]></description>
			<content:encoded><![CDATA[<p>Last night&#8217;s <em>Global News</em> <a href="http://www.globaltvbc.com/video/index.html?releasePID=_kHMHJO6ImjwJV961dfgoKm9QAaxWTZm">coverage</a> of <a href="http://www.cbc.ca/canada/british-columbia/story/2010/04/05/bc-vancouver-school-board-cuts.html">$18 million in impending cuts</a> by the Vancouver School Board &#8212; likely to trigger layoffs, a shorter school year and school closures &#8211;  ended with this predictable declaration by the Canadian Taxpayers Federation spokesperson Maureen Bader: &#8220;taxpayers pockets are empty, they just can&#8217;t be picked anymore.&#8221;</p>
<p>Really?</p>
<p>A concerned parent who leads off the <em>Global</em> report still seems to have a little cash in his jeans.</p>
<p>Worried by the &#8220;issue of erosion of quality education,&#8221; he is considering moving his children to private school. After all, he says, &#8220;it&#8217;s always going to be a case of haves versus have-nots,&#8221; implying that the &#8220;haves&#8221;  take care of themselves, one way or the other.</p>
<p>In fact, there is some evidence that empty classrooms in east Vancouver are the result of better-off parents migrating west to better-off schools, where even wealthier parents have shifted their children to private schools, which also receive a significant chunk of public funding.</p>
<p>As Vision Vancouver school board chair Patti Bacchus makes clear, the problem facing VSB is Victoria&#8217;s determination to pile on more costs &#8212; all-day kindergarten, pre-school programs and rising labour costs &#8212; without providing sufficient resources. The new programs are positive, but they can&#8217;t be funded for free.<span id="more-3503"></span></p>
<p>Bacchus is so angry at Education Minister Margaret McDiarmid&#8217;s refusal to acknowledge this reality that she&#8217;s suggested McDiarmid should resign.</p>
<p>It is McDiarmid&#8217;s government, after all, that has created two new taxes in the last two years &#8212; the carbon tax and the Harmonized Sales Tax &#8212; both of which are revenue neutral or worse, while adding new and costly burdens to school boards.</p>
<p>Nor is the Canadian Taxpayers Federation reflecting reality with its claims that taxes in this province are onerous or akin to theft.</p>
<p>As this recent KPMG <a href="http://www.competitivealternatives.com/download/default.aspx">report </a>has demonstrated, Canada is one of the cheapest places in the world to invest and Vancouver one of the cheapest places in Canada. Among the strong points in Canada&#8217;s performance: &#8220;Canada ranks first in education attainment and high school science  scores.&#8221; But for how long?</p>
<p>A <a href="http://www.vancouversun.com/opinion/best+place+world+business+Right+here/2760408/story.html"><em>Vancouver Sun</em> editorial</a><a href="http://www.competitivealternatives.com/download/default.aspx"> </a>on the report hailed the news that Canada&#8217;s corporate tax rates were the lowest in the developed world, but sneered at Liberal Party economic policy makers who propose to end the Conservatives&#8217; endless round of corporate tax cuts, comparing the Liberals to members of the NDP&#8217;s long-dead left nationalist Waffle faction.</p>
<p>But this Waffle contagion has spread to unexpected places. Another report last week found <a href="http://www.theglobeandmail.com/report-on-business/balancing-the-books-why-most-executives-say-its-time-to-raise-taxes/article1515433/">60 percent of Canada&#8217;s CEOs favour tax increases</a> to balance the books in the wake of the recession. Would they object if some of the cash found its way to public education, a pillar of our economic competitiveness?</p>
<p>BC&#8217;s &#8220;haves&#8221; have won the race to create the best investment climate in the world by a large margin. Will there be any share of the winnings for the &#8220;have nots?&#8221;</p>
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		<title>On the waterfront: ILWU is looking for a deal, but are employers?</title>
		<link>http://www.geoffmeggs.ca/2010/03/30/on-the-waterfront-ilwu-is-looking-for-a-deal-but-are-employers/</link>
		<comments>http://www.geoffmeggs.ca/2010/03/30/on-the-waterfront-ilwu-is-looking-for-a-deal-but-are-employers/#comments</comments>
		<pubDate>Tue, 30 Mar 2010 19:07:59 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[Business in Vancouver column]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[Port]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3476</guid>
		<description><![CDATA[From the latest Business in Vancouver, my take on labour relations in the Port of Vancouver, where the greatest threat of labour unrest appears to come from the employer side of the bargaining table. Given the critical importance of the port to the city&#8217;s economy, this is not good news.
]]></description>
			<content:encoded><![CDATA[<p>From the latest <em>Business in Vancouver</em>, my <a href="http://www.geoffmeggs.ca/wp-content/uploads/2010/03/bcmea.rtf">take on labour relations in the Port of Vancouver</a>, where the greatest threat of labour unrest appears to come from the employer side of the bargaining table. Given the critical importance of the port to the city&#8217;s economy, this is not good news.</p>
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		<title>A missed Olympic legacy</title>
		<link>http://www.geoffmeggs.ca/2010/03/03/a-missed-olympic-legacy/</link>
		<comments>http://www.geoffmeggs.ca/2010/03/03/a-missed-olympic-legacy/#comments</comments>
		<pubDate>Wed, 03 Mar 2010 18:40:21 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[2010 Olympic Games]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Labour]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3222</guid>
		<description><![CDATA[In the latest issue of Business in Vancouver, my take on a missed Olympic legacy: an improved labour relations climate.
]]></description>
			<content:encoded><![CDATA[<p>In the latest issue of <em>Business in Vancouver</em>, my take on a <a href="http://www.geoffmeggs.ca/2010/03/02/labour%E2%80%99s-love-a-lost-games-legacy/">missed Olympic legacy</a>: an improved labour relations climate.</p>
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		<title>Labour’s love a lost Games legacy</title>
		<link>http://www.geoffmeggs.ca/2010/03/02/labour%e2%80%99s-love-a-lost-games-legacy/</link>
		<comments>http://www.geoffmeggs.ca/2010/03/02/labour%e2%80%99s-love-a-lost-games-legacy/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 20:48:24 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[2010 Olympic Games]]></category>
		<category><![CDATA[Business in Vancouver column]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Labour]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3335</guid>
		<description><![CDATA[
In late January, the BC Federation of Labour issued a bulletin to its  affiliates that symbolized one of the great missed legacies of the 2010  Winter Olympic Games.
Far from a political broadside, it set out the procedures agreed with  VANOC to ensure union representatives had access to members working in  Olympic [...]]]></description>
			<content:encoded><![CDATA[<div>
<p>In late January, the BC Federation of Labour issued a bulletin to its  affiliates that symbolized one of the great missed legacies of the 2010  Winter Olympic Games.<br />
Far from a political broadside, it set out the procedures agreed with  VANOC to ensure union representatives had access to members working in  Olympic venues during the Games.<br />
But in the eyes of BC Federation of Labour president Jim Sinclair, the  bulletin was an absolutely minimal achievement compared to the potential  the Games had offered to change the bad dynamic of BC labour relations.<br />
“A great opportunity was lost,” he said on the eve of the Games, “not  only to form a partnership, which was unfortunate, but to engage BC  workers more in building venues, staffing them and providing a huge  amount of added value.”<br />
Although some unions were critical of the Games, the federation passed a  motion in support of the bid in late 2002 after a heated convention  debate.<br />
“Our position was not to oppose the Games,” Sinclair says, “but to make  sure workers did not pay twice, once with taxes and a second time with  job loss.”<br />
At the same time, the federation began quiet discussions with VANOC  about formal co-operation on a wide range of issues important to both  sides.<br />
Labour was building on efforts begun by the BC and Yukon Building Trades  Council that were inspired by a formal partnership between Sydney’s  regional government, the local organizing committee and Australia’s very  militant unions during the 2002 Summer Olympic Games.<br />
Wayne Peppard, the council’s executive director, had a vision for a  “collaborative Games” that would produce legacies of excellence in  workplace safety, jobs training, and minimum standards for contract  workers, while mobilizing the workforce to deliver on time, on budget  and at the best possible quality.<br />
The philosophy was completely consistent with VANOC’s commitments to  establish new standards of environmental and social sustainability.<br />
It was a tough sell to other union leaders at a time when the BC  Liberals were rolling back labour standards and even contracts.<br />
But the fatal opposition came from Victoria.<br />
Labour cynics were vindicated when a draft memorandum of understanding  between VANOC and the federation was quietly deep-sixed by VANOC, on  Victoria’s orders, in the months leading up to the 2005 election.<br />
Nor did the Building Trades secure a single positive response to their  overtures, despite their close ties to VANOC chair Jack Poole, who had  long headed Concert Properties, itself controlled by union pension  funds.<br />
To VANOC’s credit, senior staff picked up the file after the election to  maintain informal connections with the federation and key affiliates.<br />
There was much to discuss. Unionized workers are in every workplace  vital to Games success: the airport, hospitality, civic and private  venues, media, communications, transportation, health care and much  more.<br />
Tens of thousands of other unionized workers stood to be impacted,  including film industry workers who jobs may go on pause and workers in  facilities like Hastings Park Race Track, closed to create a security  perimeter.<br />
Ultimately, Sinclair says, almost all the issues were resolved on the  ground, noting initiatives like VANOC efforts to ensure displaced track  workers found alternate work. The federation’s Occupational Health and  Safety Centre even delivered some training programs under contract to  VANOC.<br />
But the big prize was thrown away.<br />
When labour offered to help ensure the success of our province’s time in  the global spotlight – perhaps opening the door to a new and enduring  relationship — Victoria simply turned its back.</p>
<p><em>March 2-8, 2010</em></p>
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		<title>Cape Pine brings maritime heritage to 21st century False Creek</title>
		<link>http://www.geoffmeggs.ca/2010/02/20/cape-pine-brings-maritime-heritage-to-21st-century-false-creek/</link>
		<comments>http://www.geoffmeggs.ca/2010/02/20/cape-pine-brings-maritime-heritage-to-21st-century-false-creek/#comments</comments>
		<pubDate>Sat, 20 Feb 2010 21:31:20 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[2010 Olympic Games]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3120</guid>
		<description><![CDATA[The venerable Cape Pine,a 60-year-old veteran of BC&#8217;s fishing industry, dropped anchor in False Creek Thursday directly across from the city&#8217;s Live City Yaletown site at David Lam Park.
The Pine, a reminder of the resource and manufacturing industry&#8217;s that used to drive BC&#8217;s economy, seems out of place in today&#8217;s condo-ringed Creek. Built in the [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_3123" class="wp-caption alignright" style="width: 310px"><a href="http://www.geoffmeggs.ca/wp-content/uploads/2010/02/P1020327-Cape-Pine1.jpg"><img class="size-medium wp-image-3123" title="P1020327 Cape Pine" src="http://www.geoffmeggs.ca/wp-content/uploads/2010/02/P1020327-Cape-Pine1-300x224.jpg" alt="" width="300" height="224" /></a><p class="wp-caption-text">The Cape Pine, anchored in False Creek.</p></div>
<p>The venerable <em>Cape Pine,</em>a 60-year-old veteran of BC&#8217;s fishing industry, dropped anchor in False Creek Thursday directly across from the city&#8217;s Live City Yaletown site at David Lam Park.</p>
<p>The <em>Pine</em>, a reminder of the resource and manufacturing industry&#8217;s that used to drive BC&#8217;s economy, seems out of place in today&#8217;s condo-ringed Creek. Built in the United States during the Second World War as a submarine chaser, the vessel was part of the Canadian Fishing Co.&#8217;s salmon and herring packing fleet, back in the days when we had a fishing industry.</p>
<p>Today, however, the <em>Pine</em> packs <a href="http://www.mvcapepine.com/">well-heeled tourists</a>, six at a time.</p>
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		<title>YVR food service workers stand their ground for job security</title>
		<link>http://www.geoffmeggs.ca/2010/02/18/yvr-food-service-workers-stand-their-ground-for-job-security/</link>
		<comments>http://www.geoffmeggs.ca/2010/02/18/yvr-food-service-workers-stand-their-ground-for-job-security/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 18:41:54 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[2010 Olympic Games]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Labour]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3079</guid>
		<description><![CDATA[The 2010 Winter Olympic Games have driven home the importance of tourism to the local economy, and you can&#8217;t have a strong industry without a capable, motivated workforce.
But that  lesson seems to be been lost on some employers, who have told their workers they will be disposed of after the Games.
YVR food service workers employed [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_3081" class="wp-caption alignright" style="width: 293px"><a href="http://www.geoffmeggs.ca/wp-content/uploads/2010/02/unitehere2.JPG"><img class="size-medium wp-image-3081" title="unitehere2" src="http://www.geoffmeggs.ca/wp-content/uploads/2010/02/unitehere2-300x225.jpg" alt="NDP MLA Adrian Dix and Jim Sinclair, BC Federation of Labour president, with locked-out HMS Host workers, members of UNITE-HERE Local 40 at YVR.-HERE" width="283" height="197" /></a><p class="wp-caption-text">NDP MLA Adrian Dix and Jim Sinclair, BC Federation of Labour president, with locked-out members of UNITE-HERE Local 40, at YVR.</p></div>
<p>The 2010 Winter Olympic Games have driven home the importance of tourism to the local economy, and you can&#8217;t have a strong industry without a capable, motivated workforce.</p>
<p>But that  lesson seems to be been lost on some <a href="http://www.vancouversun.com/business/Food+strike+Vancouver+Airport/2578291/story.html">employers</a>, who have told their workers they will be disposed of after the Games.</p>
<p>YVR food service workers employed by HMS Host &#8212; many of them with more than 10 years&#8217; service &#8212; are threatened with job loss at the end of the Games as HMS Host tears out a Milestones outlet to make way for a White Spot.</p>
<p>There will be jobs at the White Spot, but HMS Host wants to go non-union. After weeks of talks, 300 workers walked out for 24 hours yesterday, shutting 16 retail outlets.</p>
<p>Wages, although low, are not the issue. The key union concern is employment security.</p>
<p><span id="more-3079"></span>This morning, however, HMS Host appeared to turn the strike into a lockout. (I attended for the anticipated return-to-work, along with NDP MLA Adrian Dix and Jim Sinclair, president of the BC Federation of Labour.)</p>
<p>Where is YVR in this affair? The long-standing policy  is that no labour dispute has anything to do with the airport authority, a head-in-the-sand approach that feeds <a href="http://www.geoffmeggs.ca/business-in-vancouver-columns/labour-relations-at-yvr-stalled-on-the-runway/">labour instability</a> at one of the region&#8217;s most critical pieces of infrastructure.</p>
<p>Also picketing at YVR: striking Hertz workers who are members of <a href="http://www.cope378.ca/">COPE 378</a>.</p>
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		<title>Labour tax policy draws inspiration from conservative sources</title>
		<link>http://www.geoffmeggs.ca/2010/01/15/labour-tax-policy-draws-inspiration-from-conservative-sources/</link>
		<comments>http://www.geoffmeggs.ca/2010/01/15/labour-tax-policy-draws-inspiration-from-conservative-sources/#comments</comments>
		<pubDate>Fri, 15 Jan 2010 20:46:23 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[Business in Vancouver column]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Labour]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=3329</guid>
		<description><![CDATA[BC’s labour movement, always quick to criticize the Campbell  government for its fiscal and economic shortcomings, has decided to  offer some positive suggestions from surprisingly conservative – even  very Conservative — sources.
Two economic policy papers debated at the BC Federation of Labour’s  recent convention drew inspiration from such unlikely political leaders [...]]]></description>
			<content:encoded><![CDATA[<p>BC’s labour movement, always quick to criticize the Campbell  government for its fiscal and economic shortcomings, has decided to  offer some positive suggestions from surprisingly conservative – even  very Conservative — sources.<br />
Two economic policy papers debated at the BC Federation of Labour’s  recent convention drew inspiration from such unlikely political leaders  as former Social Credit premier Bill Bennett, Newfoundland’s Danny  “Chavez” Williams and Alberta’s Ed Stelmach to backstop proposals for a  dramatic overhaul of corporate tax and royalty regimes.<br />
The recommendations were rolled up in the federation’s “action plan” and  adopted by convention delegates as policy, making them the framework  for labour’s BC economic agenda.<br />
While one paper focused on a wide range of private sector initiatives,  where four out of five BC workers have jobs, the other offers  prescriptions to make the public sector a better pillar of a strong  economy.<br />
At the core of the policy, prepared by longtime BC budget analyst Will  McMartin, and Iglika Ivanova, an economist with the Canadian Centre for  Policy Alternatives, is a recommendation to increase public spending to  18 percent of BC’s gross domestic product, as it was in the era Bill  Bennett and Bill Vander Zalm.<br />
That’s a $4.5 billion lift to about $34.5 billion from the current 15.6  percent level under Gordon Campbell, a legacy of his many years of  corporate tax cuts.<br />
The federation argues this new revenue could fund:<br />
•    an increase in health funding, where BC is spending less per capita  than seven other provinces;<br />
•    a province-wide childcare program, akin to Quebec’s, which  generates $2 in economic benefits for every dollar invested, while  freeing up more women to work and reducing child poverty;<br />
•    a 50 percent lift in welfare benefits, with the goal of reducing  homelessness and its associated costs;<br />
•    about $400 million a year into affordable housing to create jobs  and reduce poverty;<br />
•    reduced tuition for post-secondary and apprenticeship training to  improve workforce skills; and<br />
•    a clear long-term budget commitment to the Auditor General so he or  she can be sure the money is well-spent.<br />
As the federation sees it, this sort of public spending will do much to  restore luster to an economy in which, as the BC Business Council  laments, “the sources of growth in recent years can simply be described  as real estate and shopping.”<br />
Where to find the new cash?<br />
BC’s unions like the idea of a royal commission into taxation, the first  in this province in a century, to identify the level and mix of taxes  best suited to a strong economy.<br />
But labour is impressed by the efforts of Williams and Stelmach to  squeeze more money out of oil royalties. For starters, says the Fed,  book about $1 billion a year based on Alberta’s expectations for  increased revenue. And if you link BC water rates to consumer prices for  the electricity generated you could add another $1.8 billion to $2  billion a year.<br />
Then there’s corporate taxes. After reviewing the doubling of corporate  profits between 2002 and 2008, the federation believes business should  chip in an additional $2.5 billion a year, leaving about 80 percent of  profits in the hands of business.<br />
While this may cause fainting spells in corporate board rooms, the  federation argues this leaves a significant share – about $1 billion a  year — of Campbell-era tax cuts intact.<br />
Crown corporations would not be let off the hook. Labour’s goal: make  them step up for another $1 billion a year.<br />
There you have it: a renewed public sector investing to make the private  sector strong!</p>
<p><em>January 2010</em></p>
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		<title>Car-loving businesses launch anti-Translink tax revolt</title>
		<link>http://www.geoffmeggs.ca/2010/01/07/car-loving-businesses-launch-anti-translink-tax-revolt/</link>
		<comments>http://www.geoffmeggs.ca/2010/01/07/car-loving-businesses-launch-anti-translink-tax-revolt/#comments</comments>
		<pubDate>Thu, 07 Jan 2010 18:51:30 +0000</pubDate>
		<dc:creator>Geoff</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Traffic]]></category>
		<category><![CDATA[Transit]]></category>
		<category><![CDATA[Transportation]]></category>

		<guid isPermaLink="false">http://www.geoffmeggs.ca/?p=2629</guid>
		<description><![CDATA[B-Line bus riders jammed shoulder-to-shoulder during this morning&#8217;s rush hour must have been scratching their heads at the news that downtown businesses are launching a mass protest against Translink&#8217;s increases in parking stall taxes today &#8212; including &#8220;anti-tax advocates manning the entrance to pay parkades throughout Metro Vancouver.&#8221;
Translink charging more to drive to work? How [...]]]></description>
			<content:encoded><![CDATA[<p>B-Line bus riders jammed shoulder-to-shoulder during this morning&#8217;s rush hour must have been scratching their heads at the news that downtown businesses are launching a <a href="http://www2.canada.com/vancouversun/news/story.html?id=983786f9-1c69-4f58-9da7-584dc12bc61c">mass protest against Translink&#8217;s increases in parking stall taxes</a> today &#8212; including &#8220;anti-tax advocates manning the entrance to pay parkades throughout Metro Vancouver.&#8221;</p>
<p>Translink charging more to drive to work? How dare they?</p>
<p>The downtown business coalition is taking aim at a tripling of the sales tax to 21 percent for paid parking in lots like those downtown and at YVR. (In &#8220;drive out the tax&#8221; math, that makes the tax increase 200 percent.)</p>
<p>The business groups, including the Downtown Business Improvement Association, the Building Owners&#8217; and Managers&#8217; Association and the Board of Trade, claim parking costs could rise as much as $540 a year ($45 a month) because of &#8220;the highest parking taxes in North America.&#8221;</p>
<p>Of course, businesses won&#8217;t pay the taxes themselves, they&#8217;ll pass them on to the drivers. And year after year, Vancouver has some of the <a href="http://www.cbc.ca/canada/british-columbia/story/2009/06/28/bc-colliers-parking-survey-vancouver-rates.html">cheapest downtown parking</a> in Canada. Calgary, Montreal, Toronto and Edmonton are all more expensive and as for New York and London . . . don&#8217;t ask.</p>
<p>It&#8217;s all part of the funding package <a href="http://www.cbc.ca/canada/british-columbia/story/2009/10/23/bc-translink-gas-parking-tax-fares-hike.html">approved by the Translink Council of Mayors</a> in September, after months of debate and consultation, to avert massive cuts to transit services. The $130 million in revenue &#8212; in fare increases, property tax increases, gas tax increases and parking sales tax &#8212; is what it takes Translink to stand still in the absence of new funding sources from Victoria to pay for a much-needed $4.5 billion, 10-year program of transit investment that won unanimous support from the mayors.<span id="more-2629"></span></p>
<p>Beleaguered riders are paying their own 11 percent increase April 1, when the price of single-zone fare books will rise to $21 from $19. Farecards are rising too. Property owners take a hit, as well.</p>
<p>But the &#8216;drive out the tax gang&#8217; is okay with those hikes. Apparently they&#8217;re not worried about the people &#8212; taxpayers all &#8212; who walk, cycle or bus downtown.</p>
<p>Hard as it may be for the downtown businesses to understand, it takes money to pay for improvements in 2009 like <a href="http://www.translink.ca/en/About-TransLink/Media/2009/December/That-Was-the-Year-That-Was.aspx">these</a>, including the Canada Line, 240 new buses, and a third Seabus, all of which support their bottom line.</p>
<p>So what&#8217;s the problem? According to the business coalition&#8217;s <a href="http://www.driveoutthetax.com/">website,</a> the number of cars in the region is rising faster than the population. We have to put them somewhere! And those Translink execs are overpaid.</p>
<p>Actually, the parking tax problem began in 2007, when then Transport Minister Kevin Falcon gave in to surburban mall owners and businesses to eliminate the parking stall tax, a levy on the free parking provided in the car and sprawl-loving suburbs.</p>
<p>Although the stall tax leveled the playing field for downtown businesses already charging for parking, they sat silent while the stall tax was eliminated. Now those chickens are coming to roost downtown.</p>
<p>What do downtown businesses propose? Nothing, actually. If their campaign is successful, they will force a further increase in fares, gas tax and property tax to pay for Translink to tread water.</p>
<p>In the wake of the <a href="http://www.theglobeandmail.com/news/national/british-columbia/canada-line-delivers-a-smooth-ride/article1413646/">Canada Line&#8217;s success</a>, it should be obvious where the future lies for business committed to real sustainability: a major investment in public transit and even (gasp) lower transit fares.</p>
<p>Unfortunately, downtown businesses have turned their guns on Translink when that organization that needs courageous leadership from stakeholders to achieve the clear gains available from a major investment program.</p>
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