Economics

Six days you shall labour and do all your work….” – Exodus 20:9

Our labour, and how we spend our finances, can function as an important part of fulfilling our cultural mandate. In Genesis 1 God commanded us to develop the earth and rule over it. We work to glorify God – not just to put food on the table. Our work, finances, and all material possessions come from God and are meant to be directed towards Him.

 
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19 Jan 2009 The Case for a Balanced Budget

By Kevin Gaudet, Canadian Tax Payers FederationAs the Harper government prepares to take Canada back into substantial multi-year deficits, the Prime Minister should be mindful of advice from the famous French philosopher Blaise Pascal.  He wrote: “In each action we must look beyond the action at our past, present, and future state, and at others whom it affects, and see the relations of all those things. And then we shall be very cautious.”   A look at the past, present and future of government spending, deficit financing and their impact reveals...

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15 Jan 2009 News Release: Cardus Recommends Increasing Charitable Credit as part of Stimulus Package

HAMILTON, January 15, 2009—Cardus, a think tank dedicated to the renewal of Canada's social architecture, is recommending that the federal government increase charitable tax credits from 29% to 42% as part of its stimulus package. "Adopting this proposal will be a sound investment in Canada's social architecture," said Ray Pennings, Cardus' Director of Research. "The charitable sector is critical to the rich fabric of Canadian society, and provides taxpayers exceptional return on investment." [Keep reading this press relase here.] ...

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22 Dec 2008 $4B auto aid package not enough, experts say

Jamie Sturgeon, Financial Post  Published: Monday, December 22, 2008The Canadian arms of General Motors Corp. and Chrysler LLC received lifelines over the weekend as the federal and Ontario governments pledged billions in emergency aid. But as market forecasts worsen, tens of billions more will almost certainly be required to keep the ailing automakers going through next year, experts say. [Keep...

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12 Dec 2008 Action Item: Submit your thoughts to the Minister of Finance

Note: This action item has now expired as the survey is no longer available. Department of Finance Canada: "The Honourable Jim Flaherty, Minister of Finance, invites all Canadians to share their views and priorities as the Government prepares Budget 2009. 'The Government is open to innovative new ideas that would help shape the plan for economic recovery in the 2009 budget,' said Minister Flaherty." Use this opportunity to express your thoughts to the Minister about economic stimulus plans. Click here to acces this easy to use survey. ...

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09 Dec 2008 Amsterdam to Close Brothels, Gambling Parlors

By Erin Blad, Citizenlink.org: Dec. 8, 2008 Amsterdam has unveiled a comprehensive plan to close up to half of its businesses that "generate criminality," including brothels, gambling parlors and marijuana cafes. Saturday’s announcement also includes offering help for those who lose their jobs as a result of the plan. Amsterdam legalized prostitution in 2000. [Keep reading this article here.]...

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20 Nov 2008 What’s Good for GM: No Bailout

Chuck Colson's Breakpoint Commentary, November 20, 2008 Imagine if the parable of the Prodigal Son went something like this: After wasting his inheritance, the son returns to the father. But instead of repenting and asking the father to take him back as a slave, the son says, “Dad, I’ve made a mess of things. Could you spot me some cash so I can get out of this hole?” Well, essentially, that’s what the Big Three automakers and the United Auto Workers are doing...

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