budget

Budget 2009: Three Caledon Institute Papers

Threee Caledon Institute recently papers on the federal budget that are worth reading:

The Red-Ink Budget
Ken Battle, Sherri Torjman and Michael Mendelson, February 2009
An overall analysis of the budget.

Beneath the Budget of 2009: taxes and benefits
Ken Battle, February 2009

This paper provides a detailed analysis and explanation of the Budget's changes to the Working Income Tax Benefit, the Canada Child Tax Benefit and the personal income tax system. The discussion focuses on the distributional impact of these measures. The Red-Ink Budget draws heavily upon this work.  read more »

The unseen hand in the economy

Helen Burstyn, Chair of the Ontario Trillium Foundation, writes an article in the Toronto Star on the role of the nonprofit sector in these times of economic stress.

"To be effective, stimulus packages must recognize the strength of the voluntary and not-for-profit sectors, and cut across communities."

 

Federal Budget Neglects NPOs

Federal Budget fails to adequately recognize and support the role of the non-profit sector in hard times. What will the province do?

ONN joined many others from different parts of the sector  - arts, environment, sport, social services, housing calling on Prime Minister Stephen Harper and Finance Minister Flaherty to see the nonprofit sector as an essential part of the economic stimulus solution for Ontario and Canada and to focus stimulus support for those most vulnerable.

 

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BUDGET FAILURE

Federal Budget fails to adequately recognize and support the role
of the non-profit sector in hard times. What will the province do?

"If Minister Flaherty's economic stimulus package is to be
innovative, forward looking, community-focused and provide multiple
bottom-line returns, it must invest in cutting-edge organizations that
keep on giving back to the people of Canada year after year. That
means, involving in a fundamental way, the nonprofit and charitable
sector."Excerpt from ONN's letter to Prime Minister Harper.  read more »

Budget Analysis 2009

National Post for a concise summery of the arts related provisions in the budget without editorial comment.

Center for Policy Alternatives: Press release focuses on the lack of attention
to employment insurance, the ineffectiveness of the tax break
provisions in the budget and concern over the matching dollar provision
for provincial and municipal government that will slow the roll out of
infrastructure.  read more »

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