Since the pandemic broke out last March, we were told that we were all in the same boat. Now this is shown to be a great and terrible lie. While the workers have been losing their jobs and dying from COVID-19, Canadian capitalists have been hoarding astronomical sums of money. New analysis of StatsCan data […]

A universal basic income (UBI) is being seriously discussed across Canada, especially in light of the COVID-19 pandemic and the various federal benefit programs. A universal basic income is an unconditional payment made to all citizens and is usually a guaranteed, cash-based payment that all citizens receive regardless of income or tax bracket. There are […]

With the recent budget released by the Trudeau Liberals, further increasing Canada’s already record deficit, the big question is “who pays?” Sooner or later someone has to pay – and you can be damn sure the bosses will try to put that burden on the workers. This question, as simple as it sounds, has been […]

The capitalists are eagre for the COVID-19 crisis to come to an end, and many anticipate a rapid economic bounceback. But the new normal will be one of crisis, chaos and class struggle.

Even before COVID-19, Canada was experiencing a rapidly expanding housing bubble. As a matter of fact, it’s the biggest housing bubble of any G7 country, even bigger than the housing bubble that instigated the crash of 2008. While the bubble has been inflating out of control for years, the only question is: why hasn’t it […]

On July 8, federal finance minister Bill Morneau announced that the deficit had ballooned to an astronomical $343 billion. The total government debt load is predicted to surpass $1 trillion for the first time in Canadian history, reaching $1.2 trillion sometime next year. This unprecedented level of government spending begs the question: When will the […]

The COVID-19 pandemic has triggered an unprecedented economic crisis in Canada. In the words of the Trudeau Liberals, “the toll of COVID-19 on the broader economy in 2020 is expected to be the largest and most sudden economic contraction since the Great Depression.” Finance Minister Bill Morneau claims that “Our government has understood, from the […]

Developments in modern technology give a glimpse of what could be possible, if only these forces were under the control of society, and not profit-seeking capitalists. Adam Booth reviews a trio of recent books that explore this question.

Part 1: The Crash “Those who do not learn from history are doomed to repeat it.” Finding ourselves at the beginning of a new depression, interest in the last one has increased considerably. In this three-part study of the Great Depression, Alex Grant details the crash, the response of the ruling class, and how the […]

The Canadian government is rushing into its “recovery” phase, anxious to “get back to normal”. Not only will this attempt come up against the reality of coronavirus, but also the expectations of Canadian workers, the majority of whom recognize the need for fundamental changes.