Connect with us

Anglais

Liberals table bill to set Canada’s first official poverty line

Published

on

[ad_1]

OTTAWA—New legislation tabled in Parliament Tuesday will set Canada’s first official poverty line, a key benchmark to track whether billions of dollars in federal spending actually reduces the number of low-income Canadians who struggle to make ends meet.

Bill C-87, if passed, would make the existing “market basket measure” — a Statistics Canada indicator of the cost of living that varies by region — the official poverty line. Using this measure, the bill would set poverty reduction targets the government “aspires” to meet: 20 per cent below 2015 levels by 2020, and 50 per cent below 2015 levels by 2030.

Federal Social Development Minister Jean-Yves Duclos has outlined a plan to lift many more Canadians out of poverty. “Our vision for Canada is to become a world leader in the eradication of poverty,” Duclos said.
Federal Social Development Minister Jean-Yves Duclos has outlined a plan to lift many more Canadians out of poverty. “Our vision for Canada is to become a world leader in the eradication of poverty,” Duclos said.  (Justin Tang / THE CANADIAN PRESS)

An advisory council made up of people appointed by cabinet would track progress toward these targets and report annually to the government, the bill says.

Families, Children and Social Development Minister Jean-Yves Duclos announced the new bill while visiting an Ottawa community kitchen Tuesday morning. He said the legislation will help demonstrate how initiatives like the Liberals’ frequently-referenced monthly payouts to people with children under 18 help reduce poverty in Canada.

“We are going to be much better equipped in the short and the longer term to support the federal government’s investments in poverty reduction, and to hold accountable this government and future governments when it comes to demonstrating that (they are) fighting poverty,” Duclos said.

“Our vision for Canada is to become a world leader in the eradication of poverty.”

Brigitte Sansoucy, a New Democrat MP from Quebec, said the Liberals have basically reproduced the major aspects of her private member’s bill with the same name, which was voted down by the government in 2016. But she said the Liberal bill falls short because it doesn’t include new spending for poverty alleviation programs.

“They voted against my bill, saying they would do better. Well, today I’m not seeing what there is that’s better,” Sansoucy said in French. “It’s yet again a government that’s happy with beautiful words instead of action.”

The Liberal government unveiled its poverty reduction plan in August. It includes programs like the child-benefit payouts, increases to the federal government’s income support for seniors, and billions slated for spending on public transit, housing, child care and tax refunds for low-income workers.

While some anti-poverty advocates said the new poverty line is a welcome way to start tracking whether these programs contribute to poverty alleviation, they also questioned whether it will capture an accurate picture of Canadians who might need more government support. Michèle Biss, legal education and outreach co-ordinator for Canada Without Poverty, said access to child care, quality food and proper housing, for example, might not get captured in the market basket definition of poverty.

“It is a larger scope that you need to look at, and we don’t want that to get lost in the conversation,” she said.

Developed in the late 1990s, the market basket measure defines poverty based on the cost of goods and services that represent a “modest, basic standard of living,” according to Statistics Canada. The measure is adjusted every year to keep up with inflation, but the goods and services included in the measure were last updated in 2011. The most recent measure, from 2016, varies across 50 regions. In Toronto, the cost of the market “basket” for a family of four in 2016 was $41,287 — meaning families with disposable income below that level would be considered under the poverty line once the measure is adopted by the government.

Statistics Canada is currently in the midst of a “comprehensive review” of the measure and will announce the results in 2020. The new bill says Statistics Canada will conduct such reviews on a “regular basis” to make sure the measure shows “the up-to-date cost of a basket of goods and services representing a modest, basic standard of living in Canada.”

Anita Khanna, national co-ordinator of the anti-poverty organization Campaign 2000, has previously called on Ottawa to use a different measurement for its poverty line. She said the low income measure, for instance, is simpler and easier to compare internationally. Instead of surveying the cost of goods regionally, the low income measure pegs poverty at a certain level below the median income.

That would make periodic reviews of the poverty line easier, Khanna said, since it is based on income instead of spending. The government wouldn’t have to reassess the cost of goods and services every few years, she said. The current market basket measure also doesn’t have cost-of-living thresholds specific to First Nations or the Territories — something Khanna would like to see.

“There are certainly some question marks. I mean, I’d say, it’s pretty transparent what’s in the basket now needs to be updated,” Khanna said.

David Macdonald, a senior economist at the Canadian Centre for Policy Alternatives, said it’s been difficult to assess government spending on poverty reduction, because there’s never been an official benchmark to use to measure progress. While Tuesday’s bill includes targets for reduction, Macdonald said he’ll be watching for what the government does if it is found to be falling short on alleviating poverty in the coming years.

“That’s where there is political will — or not,” he said. “That will be the real test.”

Bill C-87 would make Statistics Canada’s market basket measure Canada’s first official poverty line. If passed, people with disposable income below a certain threshold would fall below the new poverty line. That threshold is based on the cost of a “basket” of essential goods and services, and varies by region across the country. Statistics Canada’s most recent basket measure is from 2016.

Here are the thresholds from that year for a family of four in different parts of the country:

Toronto: $41,287

Montreal: $35,428

Ottawa-Gatineau: $40,614

Vancouver: $40,045

Quebec cities, pop. 30,000-99,999: $32,970

Cape Breton, N.S.: $35,695

Alex Ballingall is an Ottawa-based reporter covering national politics. Follow him on Twitter: @aballinga

[ad_2]

Source link

قالب وردپرس

Anglais

‘Business as usual’ for Dorel Industries after terminating go-private deal

Published

on

By

MONTREAL — Dorel Industries Inc. says it will continue to pursue its business strategy going forward after terminating an agreement to go private after discussions with shareholders.

« Moving ahead. Business as usual, » a spokesman for the company said in an email on Monday.

A group led by Cerberus Capital Management had previously agreed to buy outstanding shares of Dorel for $16 apiece, except for shares owned by the family that controls the company’s multiple-voting shares.

But Dorel chief executive Martin Schwartz said the Montreal-based maker of car seats, strollers, bicycles and home furniture pulled the plug on a deal on the eve of Tuesday’s special meeting after reviewing votes from shareholders.

“Independent shareholders have clearly expressed their confidence in Dorel’s future and the greater potential for Dorel as a public entity, » he said in a news release.

Dorel’s board of directors, with Martin Schwartz, Alan Schwartz, Jeffrey Schwartz and Jeff Segel recused, unanimously approved the deal’s termination upon the recommendation of a special committee.

The transaction required approval by two-thirds of the votes cast, and more than 50 per cent of the votes cast by non-family shareholders.

Schwartz said enhancing shareholder value remains a top priority while it stays focused on growing its brands, which include Schwinn and Mongoose bikes, Safety 1st-brand car seats and DHP Furniture.

Dorel said the move to end the go-private deal was mutual, despite the funds’ increased purchase price offer earlier this year.

It said there is no break fee applicable in this case.

Montreal-based investment firm Letko, Brosseau & Associates Inc. and San Diego’s Brandes Investment Partners LP, which together control more than 19 per cent of Dorel’s outstanding class B subordinate shares voiced their opposition to the amended offer, which was increased from the initial Nov. 2 offer of $14.50 per share.

« We believe that several minority shareholders shared our opinion, » said Letko vice-president Stephane Lebrun, during a phone interview.

« We are confident of the long-term potential of the company and we have confidence in the managers in place.”

Continue Reading

Anglais

Pandemic funds helping Montreal businesses build for a better tomorrow

Published

on

By

Many entrepreneurs have had to tap into government loans during the pandemic, at first just to survive, but now some are using the money to better prepare their businesses for the post-COVID future.

One of those businesses is Del Friscos, a popular family restaurant in Dollard-des-Ormeaux that, like many Montreal-area restaurants, has had to adapt from a sit-down establishment to one that takes orders online for takeout or delivery.

“It was hard going from totally in-house seating,” said Del Friscos co-owner Terry Konstas. “We didn’t have an in-house delivery system, which we quickly added. There were so many of our employees that were laid off that wanted to work so we adapted to a delivery system and added platforms like Uber and DoorDash.”

Helping them through the transition were emergency grants and low-interest loans from the federal and provincial governments, some of which are directly administered by PME MTL, a non-profit business-development organization established to assist the island’s small and medium-sized businesses.

Konstas said he had never even heard of PME MTL until a customer told him about them and when he got in touch, he discovered there were many government programs available to help his business get through the downturn and build for the future. “They’ve been very helpful right from day one,” said Konstas.

“We used some of the funds to catch up on our suppliers and our rents, the part that wasn’t covered from the federal side, and we used some of it for our new virtual concepts,” he said, referring to a virtual kitchen model which the restaurant has since adopted.

The virtual kitchen lets them create completely different menu items from the casual American Italian dishes that Del Friscos is known for and market them under different restaurant brand names. Under the Prasinó Soup & Salad banner, they sell healthy Greek options and their Stallone’s Sub Shop brand offers hearty sandwiches, yet the food from both is created in the same Del Friscos kitchen.

Continue Reading

Anglais

Downtown Montreal office, retail vacancies continue to rise

Published

on

By

Some of downtown Montreal’s key economic indicators are heading in the wrong direction.

Office and retail vacancies in the city’s central core continued to climb in the fourth quarter of 2020, according to a quarterly report released Thursday by the Urban Development Institute of Quebec and the Montréal Centre-Ville merchants association. The report, whose first edition was published in October, aims to paint a socio-economic picture of the downtown area.

The survey also found office space available for sublet had increased during the fourth quarter, which may foreshadow even more vacancies when leases expire. On the residential front, condo sales fell as new listings soared — a sign that the downtown area may be losing some of its appeal to homeowners.

“It’s impossible not to be preoccupied by the rapid increase in office vacancies,” Jean-Marc Fournier, the former Quebec politician who now heads the UDI, said Thursday in an interview.

Still, with COVID-19 vaccinations set to accelerate in the coming months, “the economic picture is bound to improve,” he said. “People will start returning downtown. It’s much too early to say the office market is going to disappear.”

Public health measures implemented since the start of the pandemic almost a year ago — such as caps on office capacity — have deprived downtown Montreal of more than 500,000 workers and students. A mere 4,163 university and CEGEP students attended in-person classes in the second quarter, the most recent period for which figures are available. Border closures and travel restrictions have also brought tourism to a standstill, hurting hotels and thousands of local businesses.

Seventy per cent of downtown workers carried out their professional activities at home more than three days a week during the fourth quarter, the report said, citing an online survey of 1,000 Montreal-area residents conducted last month.

Continue Reading

Chat

Anglais1 semaine ago

‘Business as usual’ for Dorel Industries after terminating go-private deal

Anglais1 semaine ago

Pandemic funds helping Montreal businesses build for a better tomorrow

Anglais1 semaine ago

Downtown Montreal office, retail vacancies continue to rise

Anglais1 semaine ago

Learjet, the private plane synonymous with the jet-set, nears end of runway

Anglais1 semaine ago

Brivia Group announces the construction of Phase 2 of LB9 rental condo project

Anglais1 semaine ago

With popcorn sales banned, some movie theatre owners say it’s not worth it to reopen

Actualités1 semaine ago

À partir de 2025, toutes les voitures de Jaguar seront 100 % électriques

Actualités1 semaine ago

Forte augmentation des demandes de remboursement de voyage

Actualités1 semaine ago

Le textile reste un fléau pour l’environnement malgré de nombreuses initiatives écologiques

Actualités1 semaine ago

L’Agence de mobilité durable et Jalon s’unissent

Actualités1 semaine ago

Un village à reconstruire au coeur de Pointe-aux-Trembles

Actualités1 semaine ago

Le centre-ville de Montréal continue de se vider

Actualités1 semaine ago

Recommandations de la Commission sur les locaux vacants La vitalité du secteur commercial au cœur des priorités de la Ville

Actualités1 semaine ago

Un cabinet d’avocats ne peut pas déduire les frais d’un mariage, dit la Cour

Actualités1 semaine ago

Financement pour deux entreprises de Dorval et Lachine

Actualités1 semaine ago

Les friperies observent une augmentation en popularité

Actualités1 mois ago

Logo du CF Montréal : quatre experts se prononcent

Actualités1 mois ago

De nouveaux logements sociaux pour les femmes autochtones à Montréal

Actualités1 mois ago

Invasion montréalaise !

Actualités1 mois ago

L’hôtel de ville de Sept-Îles pourrait être détruit

Anglais2 années ago

Body found after downtown Lethbridge apartment building fire, police investigating – Lethbridge

Styles De Vie2 années ago

Salon du chocolat 2018: les 5 temps forts

Anglais2 années ago

This B.C. woman’s recipe is one of the most popular of all time — and the story behind it is bananas

Anglais2 années ago

27 CP Rail cars derail near Lake Louise, Alta.

Anglais2 années ago

Man facing eviction from family home on Toronto Islands gets reprieve — for now

Santé Et Nutrition2 années ago

Gluten-Free Muffins

Santé Et Nutrition2 années ago

We Try Kin Euphorics and How to REALLY Get the Glow | Healthyish

Anglais2 années ago

Ontario’s Tories hope Ryan Gosling video will keep supporters from breaking up with the party

Anglais2 années ago

A photo taken on Toronto’s Corso Italia 49 years ago became a family legend. No one saw it — until now

Anglais2 années ago

Condo developer Thomas Liu — who collected millions but hasn’t built anything — loses court fight with Town of Ajax

Styles De Vie2 années ago

Renaud Capuçon, rédacteur en chef du Figaroscope

Anglais2 années ago

This couple shares a 335-square-foot micro condo on Queen St. — and loves it

Mode2 années ago

Paris : chez Cécile Roederer co-fondatrice de Smallable

Anglais2 années ago

Ontario Tories argue Trudeau’s carbon plan is ‘unconstitutional’

Styles De Vie2 années ago

Ford Ranger Raptor, le pick-up roule des mécaniques

Affaires2 années ago

Le Forex devient de plus en plus accessible aux débutants

Anglais2 années ago

100 years later, Montreal’s Black Watch regiment returns to Wallers, France

Technologie2 années ago

YouTube recommande de la pornographie juvénile, allègue un internaute

Anglais2 années ago

Trudeau government would reject Jason Kenney, taxpayers group in carbon tax court fight

Anglais2 années ago

Province’s push for private funding, additional stops puts Scarborough subway at risk of delays

Trending