Building a healthy economy: More than just banks and stocks

    TORONTO, Oct. 9 /CNW/ - The Wellesley Institute has released today a
powerful new topical paper from policy analyst Scott Wolfe that takes on the
false choice being peddled by some economists and politicians that says
Canadians have to choose between a strong economy and healthy communities.
    As the financial crisis continues to unfold and talk of a recession
increases, the economy will be an important prism through which Canadians
filter information in the run-up to the federal election. While health care,
the environment and social justice continue to top the lists of priorities for
Canadians, there are some who will attempt to argue that narrow economic
issues are more important as voters approach the ballot box. They will argue
that our social concerns must be set aside to deal with the so-called
fundamentals of economic stability and growth. But it's not just the economy
that really matters. Indeed, the best way to build a healthy economy is to
build strong and healthy communities.
    Strong public systems and increased public investment in health and
social development do not impede economic growth. In fact, they are key
ingredients for economic growth and stability - offering what can best be
called the Health Economic Advantage. Without this advantage, we jeopardize
our chances for economic growth. Increased social investment in health care,
child care, income security, affordable homes and other measures to build a
fair and inclusive society are not only best for individual men, women and
children and therefore the right thing to do. They are also an economically
sound strategy for Canada.
    Read the full topical paper from policy analyst Scott Wolfe, commissioned
by the Wellesley Institute, at
    The Wellesley Institute has other election-related material on its web
site, including an analysis of the housing and homelessness platforms of
Canada's five major political parties.
    The Wellesley Institute is celebrating its first decade of advancing
urban health.

For further information:

For further information: Michael Shapcott, The Wellesley Institute,
(416) 972-1010, x231

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The Wellesley Institute

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