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Tag Archives: investment

We can’t afford a capitalism that doesn’t work for the next generation

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”.In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry: “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.”Xiye and young climate activists around the world argue...

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We can’t afford a capitalism that doesn’t work for the next generation

As we look ahead, young people believe there is no regard for future generations who will suffer from the decisions taken today in the name of “economic growth”.In a recent interview the 18-year-old climate activist Xiye Bastida beautifully summarised why the next generation is angry: “Companies say their role is to help the economy. They say, they don’t have the need to be socially responsible or care about biodiversity. We create jobs.”Xiye and young climate activists around the world argue...

Read More »

Realizing the potential of Development Banks for sustainable, equitable recovery

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better. By providing financing and mobilizing private finance, Development Banks (DBs) need to...

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Realizing the potential of Development Banks for sustainable, equitable recovery

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better. By providing financing and mobilizing private finance, Development Banks (DBs) need to...

Read More »

Realizing the potential of Development Banks for sustainable, equitable recovery

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better.By providing financing and mobilizing private finance, Development Banks (DBs) need to...

Read More »

Realizing the potential of Development Banks for sustainable, equitable recovery

The major challenges we face as we look to the coming decade – in particular urgently mitigating climate change, and reducing inequality – require major action. Development Banks, at national, regional or multilateral level, will be key to help finance recovery from the COVID crisis and achieve long-run structural transformation of existing economies to ones that serve people and planet far better.By providing financing and mobilizing private finance, Development Banks (DBs) need to...

Read More »

A Financial View of Labour Markets

We are used to thinking of workers as free agents who sell their labour in a market place. They bid a price, companies offer a lower price and the market clearing rate is somewhere between the two. Free market economics, pure and simple. But actually that's not quite right. The financial motivations of workers and companies are entirely different. To a worker, the financial benefit from getting a job is an income stream, which can be ended by either side at any time. But to a company, a...

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A Financial View of Labour Markets

We are used to thinking of workers as free agents who sell their labour in a market place. They bid a price, companies offer a lower price and the market clearing rate is somewhere between the two. Free market economics, pure and simple. But actually that's not quite right. The financial motivations of workers and companies are entirely different. To a worker, the financial benefit from getting a job is an income stream, which can be ended by either side at any time. But to a company, a...

Read More »

Ten things to know about CMHC’s Insured Mortgage Purchase Program

In March 2020, the Trudeau government launched a new version of the Insured Mortgage Purchase Program (IMPP). According to CMHC’s website: “Under this program, the government will purchase up to $50 billion of insured mortgage pools through CMHC.” Here are 10 things to know: 1. Canada Mortgage and Housing Corporation (CMHC) is a federally-owned crown corporation. Many of us know CMHC as the federal agency that works with provincial and territorial governments to assist some low and...

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Ten things to know about CMHC’s Insured Mortgage Purchase Program

In March 2020, the Trudeau government launched a new version of the Insured Mortgage Purchase Program (IMPP). According to CMHC’s website: “Under this program, the government will purchase up to $50 billion of insured mortgage pools through CMHC.” Here are 10 things to know: 1. Canada Mortgage and Housing Corporation (CMHC) is a federally-owned crown corporation. Many of us know CMHC as the federal agency that works with provincial and territorial governments to assist some low and...

Read More »