Ottawa’s contradictory climate policy just wastes money

Billions of dollars in spending announcements allow politicians to burnish their green credentials. But they don't get the job done

Ottawa’s contradictory climate policy just wastes money“Around the world, businesses, governments and experts agree that carbon pricing is the cheapest and most efficient way to cut carbon pollution,” Catherine McKenna, Canada’s environment and climate change minister, recently tweeted. If what she says is true, it means all other anti-carbon strategies – including regulations and subsidies – are unnecessarily expensive and inefficient.…

Powerful government unions weaken the economy

While the U.S. is curtailing the strength of such unions, Canadian government finances are stretched by the cost of public-sector workers

Powerful government unions weaken the economyAmerican taxpayers and workers won a big victory recently, with the United States Supreme Court ruling 5-4 in Janus versus American Federation of State, County and Municipal Employees (AFSCME) that government employees not part of a union could not be forced to pay union dues. Previously, government employees in 22 states were forced to pay…

Help Alberta’s workers by cutting corporate taxes

Lowering corporate taxes means massive increase in business investment, higher wages for workers, lower prices for consumers

Help Alberta’s workers by cutting corporate taxesThis is a tale of two very different Alberta budgets and a lesson on the impact of corporate tax rates. In 2001, the Progressive Conservative government aggressively attacked the province’s corporate tax burden. “Alberta should respond to the worldwide trend to lower corporate income tax rates,” the budget document noted. “If we don’t, we risk…

Green Ontario Fund a misuse of resources

There’s no better way to waste public funds than to have programs where everyone is spending everyone else’s money

Green Ontario Fund a misuse of resourcesPremier Doug Ford has already broken a key promise. Instead of putting money back into the pockets of Ontarians, the new Progressive Conservative premier of Ontario is apparently hiking expenses. We know this because that great bastion of sound fiscal logic and clear economic thinking – the Toronto Star editorial board – says so. The Green Ontario Fund, which Ford plans to cut, “is putting money…

Busting the minimum wage myth

An overwhelming number of studies show that raising the minimum wage actually eliminates employment opportunities

What does the evidence about the impact of raising minimum wages actually say? It's one of the most contentious public policy debates of recent years. Opponents of raising the minimum wage say it will result in job losses – making it more expensive to hire workers means businesses will hire fewer workers. Supporters point to…

What protects workers from being exploited by business?

It’s not a too-generous minimum wage. It's the desire of other employers to hire workers whose value is beyond their current pay

What protects workers from being exploited by business?Some people think it’s the government that protects workers, through minimum wage laws and regulations that ensure workers get a decent living wage and good working conditions. But in reality, minimum wages and labour regulations don’t protect workers at all – they actually reduce the protection workers enjoy. Take the case of a low-skilled worker…

The green agenda comes at a high cost for Canadians

Government green programs impose costs on third parties. Consumers and taxpayers must pay for those policies, and the environment actually suffers

The green agenda comes at a high cost for CanadiansIn a 1999 interview, the late Nobel Prize-winning economist Milton Friedman remarked that there were good arguments for having government take action to reduce pollution, like smoke from power plants. That’s because the smoke imposes costs on third parties – for example, by dirtying property as well as surrounding public spaces. A power plant produces…

Canada’s economic dilemma: resource rich, investment poor

Across the country, governments seem intent on discouraging investment, and that hurts job creation, productivity and wage growth

Canada’s economic dilemma: resource rich, investment poorWhat drives business investment? Even after the precipitous decline in the price of oil in the second half of 2014, the answer in Canada is still natural resources. As newly-released data from Statistics Canada shows, in 2016 business investment per capita was highest in the energy-producing provinces. It was around $21,400 in Newfoundland and Labrador,…

Fed’s Clean Fuel Standards will kill jobs: Just look at Ontario

The soon to-be-announced clean fuel regulations are just the latest example of politicians catering to climate activists

Fed’s Clean Fuel Standards will kill jobs: Just look at OntarioNew clean fuel regulations are coming to Canada “in the coming months,” federal Environment Minister Catherine Mc-Kenna announced earlier this month. She says the policy – titled the Clean Fuel Standard – is “a really important piece of our climate plan” and an “economic opportunity” for Canada. The idea behind the plan, which will require…

Ontario, Alberta carbon tax schemes defy economic common sense

Carbon taxes should replace, not add to, existing environmental regulations and subsidies

Ontario, Alberta carbon tax schemes defy economic common senseIn an episode of the television program Seinfeld, the bungling George Costanza tells his friends that he’s concluded that every instinct he has is always wrong. So Jerry suggests George should always do the opposite of his first instinct: “If every instinct you have is wrong, the opposite would have to be right.” Somebody ought…