Canadian economy will stall in 2020

The next two years will probably bring feeble increases in GDP, in line with 2019’s uninspiring performance. Job creation is likely to decelerate

Canadian economy will stall in 2020As the clock winds down on 2019, it’s time to ponder what the coming year may have in store for the Canadian economy. To provide some context, 2019 hasn’t been a great year for the economy, with inflation-adjusted gross domestic product (GDP) expanding by around 1.6 per cent. This was less than growth in both…

Why a Canadian basic income is inevitable

The need for income security among middle-class Canadians is accelerating as the labour market changes

Why a Canadian basic income is inevitableIn Canadian policy circles, basic income has come to mean a stipend paid to families or individuals without the many conditions and rules that govern existing income assistance programs. The amount received is gradually reduced as income from other sources increases. However, basic income is not just about welfare reform. A basic income is most…

Canadian capital markets thrive without national regulator

Centralization undermines bottom-up co-ordination already underway between the provinces and territories

Canadian capital markets thrive without national regulatorAdvocates for centralized financial regulation have met their match in Canada. The nation is proof that competition between intranational jurisdictions can foster diverse, prosperous capital markets. In the research paper, The Federal Takeover of Canada’s Capital Markets, we argue the decades-long push for a national securities regulator is a solution in search of a problem.…

Wexit threatening Alberta’s economic recovery

The worst thing Alberta can do is let the Wexit debate linger. A never-ending debate will only trigger a permanent loss of economic power and status

Wexit threatening Alberta’s economic recoveryWhen the topic of political separation comes up, there’s one thing most of us can agree on: it’s bad for business. Recent grumblings in Alberta about breaking free of Ottawa’s shackles – which are, less face it, profoundly annoying and bad for business in their own way – brought back memories of that other separatist…

Activist Liberal government produces red ink and alienation

Prime Minister Justin Trudeau is following in the footsteps of his father. That’s leading to fiscal calamity and regional dissent

Activist Liberal government produces red ink and alienationBy Jason Clemens, Milagros Palacios and Niels Veldhuis The Fraser Institute As the dust settles from the federal election – which further exacerbated Western frustration, if not outright separatist sentiments – it’s worth considering the policy ebbs and flows of the Liberal Party under Pierre Trudeau and his son Justin. Therein lies the explanation and…

When the critics mirror their targets

A swamp of vested, bureaucratic interests hobbled by dogma, enriched by institutional entitlements and bloated by fat pay packages. Surely not these two now-merged think-tanks

When the critics mirror their targetsNow that Canada’s most famously libertarian think-tank has merged with the Atlantic provinces’ premier government-thrashing mouthpiece, does their union augur a future for exemplary new standards of public policy along the East Coast? After all, both the Fraser Institute and the Atlantic Institute of Market Studies have, over the years, made many of their major…

How to turn surviving into thriving

If we’re focused on thriving and growing during periods of difficulty and change, our brains look for these opportunities

How to turn surviving into thrivingWhile the overall economic numbers seem to indicate that the Canadian economy is firing on all cylinders, there are still areas geographically and by industry where businesses are struggling. Having lived through a number of difficult times in my 30-plus years owning and running businesses, I’ve learned there are a number of ways to improve…

CN strike exposes Canadian infrastructure flaws

Most of Canada’s transportation system, from Halifax to Vancouver, has been undercapitalized for years

CN strike exposes Canadian infrastructure flawsAfter a harvest from hell across the country, farmers now have to deal with a new problem: the CN strike. Over 3,000 Canadian National Railway Co. employees out of about 24,000 in Canada and the United States are off the job. They’re asking for better working conditions and safety improvements. Perhaps it’s not the most…

Alberta most, Quebec least, open to interprovincial trade

Report says barriers cost between $3,500 and $9,200 per Canadian household every year

Alberta most, Quebec least, open to interprovincial tradeAlberta has the fewest obstacles to trade within Canadian borders, according to a report released on Thursday by the MEI (Montreal Economic Institute) and the Canadian Constitution Foundation. The Internal Trade Provincial Leadership Index developed by Mark Milke ranks the provinces and territories according to their number of barriers to trade, as measured by exceptions…

Oil drilling industry pressures Ottawa

Industry blames ‘punitive’ federal policies and regulations for its struggles

Oil drilling industry pressures OttawaFollowing the federal election in October, the sentiment toward Canadian oil and gas is nearing all-time lows, says a report by the Canadian Association of Oilwell Drilling Contractors. The association says that since 2017 the industry has lost an estimated $30 billion in foreign capital, and companies continue layoffs and relocation efforts. It says its…
1 2 3 48