Ramping up immigration without a broad-based plan disastrous

The federal government's plan to substantially increase new arrivals requires close co-ordination with provincial and municipal officials

Ramping up immigration without a broad-based plan disastrousWith a falling birth rate, an aging workforce and a shortage of skilled workers, Canada depends  on immigration. Instead of talking about building walls like our U.S. neighbours, Canadians acknowledge that immigration is essential to our prosperity. So few dare question the official immigration policy, even as it becomes increasingly apparent that strong criticism is…

Who you calling old?

All the myths about being washed up at age 60 and a glorification of the retirement years are hogwash

Who you calling old?Planning for life past 65 is more important now than ever before. What with longer life spans, people are not only working longer, they're also changing the way they live. We're in a longevity revolution of a kind that's never been seen before. A hundred years ago, the average life expectancy was 47; today it's…

Serving up an unpalatable business model

Restaurants are struggling to find staff and keep profit margins healthy. But automation and careful management can help

Serving up an unpalatable business modelIf you’re going to a restaurant, don’t go hungry. Just about every coffee shop and eating establishment in and around Vancouver has a Help Wanted sign. They could be short of servers, which means it will be a while before anyone even takes your order. The kitchen could also be understaffed, so your meal isn’t…

Stop trying to grow the economy on a hunch

As the government sets about designing a new innovation agenda, the case for evidence-based decision-making in innovation policy is urgent

Stop trying to grow the economy on a hunchCanada can't expect to improve its economic growth without a better understanding of who is responsible for growth. At a conference in Ottawa last fall, where speakers included Finance Minister Bill Morneau, Innovation Minister Navdeep Bains and growth council chair Dominic Barton, a challenge was laid on the table. We live in a low-growth world…

B.C. tech sector held back by skills shortage

There is a growing mismatch between those still out of work and the vacancies that many employers desperately seek to fill

B.C. tech sector held back by skills shortageThe B.C. job market is booming. Just ask any of the 11,200 additional people who were employed in January over the month before. But there is still untapped potential for greater job growth. Year over year, employment in British Columbia has been growing at an impressive 3.5 per cent. Canada as a whole saw a respectable but…

Let’s make room for skilled workers in Metro Vancouver

If housing costs remain high, and rental vacancy rates stay razor-thin, the region may soon be out of reach to locals and newcomers alike

Let’s make room for skilled workers in Metro VancouverBy Steve Lafleur and Josef Filipowicz The Fraser Institute Many tech companies and employees are scrambling to adjust to the recent executive order issued by U.S. President Donald Trump restricting entry from seven countries, and rumours of an impending crackdown on visas for foreign workers. Giants like Google, Facebook and Apple have denounced the move,…

The cloudy economic forecast is all wet

In Canada and the United States, wages are rising, poverty is falling and spending is on the rise – but we can't be complacent

The cloudy economic forecast is all wet“The rich are getting richer, the poor are getting poorer. Where are the jobs? And we don’t even want to talk about what is happening in America.” This gloomy recital often follows if I reveal that I'm an economist (a practitioner of the dismal science). But this very widespread perception of the economic world is way too pessimistic. In fact, recent…

Upgrading skills vital for future employment

Opportunities for unskilled and lower skilled workers are fast disappearing

Upgrading skills vital for future employmentWe have an economy to provide a good living for people. Unfortunately, for many Canadians, our economy is not doing its job. Income, and especially wealth, are unequally distributed. Too many people don’t have enough work, are poorly paid or have no work at all. There is a growing gap between what many potential workers…