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Armine Yalnizyan Profile picture
@ArmineYalnizyan
Dec 1, 2017 • 17 tweets • 6 min read • Read on X
LOL
Businesses raise their prices *without* the minimum wage going up allathetime! #cdnecon
Exhibit A: Tim Horton's raised the price of a cup of coffee in
2011 by 7¢ ("rising prices of coffee beans")
2014 by 10¢ ("rising operations costs", with coffee bean prices and, oh yah, costs of [$11B] Burger King deal identified)
August 2017 by 10¢ ("rising operations costs")

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More from @ArmineYalnizyan

Armine Yalnizyan Profile picture
May 15, 2018
I asked @DanDoctoroff today at eventbrite.ca/e/toronto-towa… what Sidewalk Labs' business model was? How did they plan to make money here?
His answer(s):
#cdnecon
There are five potential sources of revenue for Sidewalk Labs:
1. One will be potentially from development, Sidewalk Labs as "master-enabler, but our role in vertical will be limited. We want to demonstrate *others* can make money". /2
2. Working with Waterfront Toronto and planning, getting approvals for land use, will mean value of property will increase. Sidewalk Labs will get some $ for some of that. /3
Read 13 tweets
Armine Yalnizyan Profile picture
May 4, 2018
Hey everybody this chart is great news on two fronts:
1) only 12.1% of Canada's 15-29 year olds are not working, in school or training. We can do better, but we're better than most of OECD's 36 nations.
2) this number was 16.6% 5 days ago. Shocking. Here's what happened next /2
It seemed high given we were 9th worst out of 36 countries. @AlexUsherHESA pointed out relatively high PSE enrolments and relatively low unemployment made it seem odd.
StatCan doesn't publish data series on the category. 1 monograph here: statcan.gc.ca/daily-quotidie… /3
That's for 15-19 year olds only, and only for 2016. I asked them for the data series for 15-29 year olds, because they were likely the originators of the data OECD used. The 2016 value was much lower than the OECD.
OECD needs to make data from around the world comparable. /4
Read 11 tweets
Armine Yalnizyan Profile picture
Apr 21, 2018
Canada is the 10th largest economy in the world, with a fraction of the other economies' populations.
We can build whatever kind of world we want.
#cdnecon
Pharmacare? Child care/early childhood education? Dental care? Post-secondary education? Housing? Public transit? Legal aid? Access to hi speed internet? Basic income?
We can improve any dimension of our lives we choose.
#cdnecon
What we *can't* do, if we want to improve everyone's quality of life, is continue to offer tax cuts. That includes not enforcing existing tax rules/permitting tax evasion.
Tax cuts are sold as "more money in your pocket".
Two things that are misleading about that framing...
Read 11 tweets
Armine Yalnizyan Profile picture
Mar 15, 2018
Dear any political party
Don't bother preaching tax cuts, debt-reduction through service cuts, as the fast-track to the future or a path to prosperity.
We've had a quarter century social experiment with that.
We're done with that fiscal fantasy.
#TimesUp
#GenderResponsiveBudgets
If you're keen on debt reduction, grow the economy.
If you want more growth, support for women > trade or biz investment.
Women's estimated potential impact on growth (with supports) $150B by 2026. Trade's ~$12B by 2040.
(Thread: )
#cdnecon #cdnpoli #onpoli
Federal #Budget2018 articulated most elements of a plan to increase women's contribution to the economy, but not the next crucial step: a national strategy to improve access to affordable, high quality early childhood education for our kids.
That's why Poloz talked about it y'day
Read 8 tweets

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