Taxing the unvaccinated takes us down a slippery slope

What's next? A tax on fat people?

Taxing the unvaccinated takes us down a slippery slopeOur patience is running thin as we plod through yet another wave of COVID-19. We’re starting to get annoyed at political and medical leaders, who we loved and trusted at the beginning of the pandemic – and only because they haven’t got us through it yet. Deep down, we know that everyone is doing the…

How to survive and thrive in a time of uncertainty

The rules that have guided our economy no longer apply

How to survive and thrive in a time of uncertaintyDid you notice that 2022 began with far fewer forecasts and outlooks than are usually seen when we put up our new annual calendars? And most of those who bravely made predictions for 2022 have already been proven wrong. The emergence of the Omicron variant of COVID-19, just when everyone was eagerly anticipating the end…

New Year’s resolutions that will boost your business

If you are self-employed, you will need to hone new skills to succeed

New Year’s resolutions that will boost your businessAs 2021 morphs into 2022, more than numbers on the calendar are changing. Technology, communications, media, weather – even the way we work and earn our livings – aren’t what they used to be. It used to be jobs, jobs, jobs. That’s what we wanted for ourselves, our partners, our kids; it’s what politicians promised…

We must address the growing crisis of opioid-related deaths

Drug users are going to keep using, so a better route to saving lives is to ensure drugs are clean and safe

We must address the growing crisis of opioid-related deathsWe’re supposed to be merry and bright as we approach the holidays and the new year. This year, there are many reasons to be less cheerful and festive. We’ve managed to make it through floods, fires and heat domes, but the pandemic persists with the Omicron mutation, inflation threatens our economy and the big, ugly…

Canada’s economy desperately needs business investment

The trend to lower investment in the private sector began in 2015

Canada’s economy desperately needs business investmentGross domestic product (GDP) is what economists call the totality of goods and services Canada produces. It’s often referred to as the economic pie. We all want a share of the pie. Most of us think it’s only fair that all Canadians should be able to enjoy at least a basic level of income. Therefore,…

When a job becomes greedy and overwhelms your life

The pandemic has taught us that life beyond the job is possible

When a job becomes greedy and overwhelms your lifeThe wage gap between men and women stubbornly persists even after adjusting for all the usual factors like education and occupation. Career and Family: Women’s Century-Long Journey Toward Equity, a new book by Harvard professor Claudia Goldin, takes a fresh look at the issue. Goldin introduces the concept of greedy jobs. These are the jobs…

Three tips to keep your staff happy, productive and loyal

Keeping a worker is easier, faster and less expensive than replacing one

Three tips to keep your staff happy, productive and loyalAmong the many challenges facing businesses today is getting and keeping enough employees. The pandemic is often blamed for the labour shortages. Many people received income maintenance payments, sometimes exceeding their previous salaries, and no longer had to work. Stopping the subsidies may or may not bring them back, although raising wages will help. Others…

Why a universal basic income falls short

And what we can do instead

Why a universal basic income falls shortIn a country as rich as Canada, no one should have to go cold or hungry. But is universal basic income the answer? Income assistance and other programs provide for almost all of the poorest among us, although some always slip between the cracks. No one would describe the level of support as generous, nor…

How to create more affordable housing to meet rising demand

Housing regulations often limit people to Tesla-level homes or nothing

How to create more affordable housing to meet rising demandI’m an economist, so I’m not flattered by those who say you could teach a parrot to be an economist. The bird would need to know only two words, the joke goes: supply and demand. When the supply of any good or service increases, its price goes down. If the supply decreases or is less…

Questions you need to ask before you cast your ballot

We accept that the world intervenes in any plans for the future but we must still decide who gets our vote

Questions you need to ask before you cast your ballotThe 2021 federal election is upon us. In Canada, we’re blessed to have fair elections, the results of which are peacefully implemented – so don’t forget to vote. There are many nations where people can’t vote. There are many more where their vote doesn’t matter because tyrants have predetermined the results or will use violence…