Via Rail should be shut down or sold by the federal government

Operational and funding costs are huge: $548M in 2019 (before COVID-19) and $597M in 2021

Via Rail should be shut down or sold by the federal governmentInvestment managers and investors should often ask: If I didn’t already own this stock, would I buy it today? By any criteria, Via Rail, a federal Crown corporation, is not a good investment – even under unrealistically favourable assumptions. The federal government should rigorously examine this charitably-designated ‘enterprise,’ then aim it toward one of two…

Preston Manning continues to offer a guiding light to Canadians

His fictional story may have the best ideas anyone has had about assessing COVID impacts

Preston Manning continues to offer a guiding light to CanadiansA hallmark of Albert Einstein’s career was his use of thought experiments or “Gedankenexperiment” as a fundamental tool for understanding physical issues and elucidating his scientific concepts. These thought experiments employed his incredible imagination and took diverse forms. As a boy, Einstein mentally chased beams of light. For special relativity, he conceived moving trains and…

Market forces will govern the pace of energy transition

Market forces will govern the pace of energy transitionToday’s guest is Dave Collyer (see his bio below). Dave reviews the frustrations of the industry and its current challenges. He advances the importance of frank dialogue, collaboration, and Net-Zero as an economic challenge. He considers the diversity of potential solutions and the need to simultaneously sustain Canada’s economy while also pursuing Net-Zero. Finally, he…

Indigenous-owned Canadian LNG project advances 

21,000 jobs, $890 million in taxes and about $2.5 billion in annual GDP

Indigenous-owned Canadian LNG project advances There’s been a big step forward for a major proposed Canadian liquefied natural gas (LNG) project that’s seen as an opportunity for economic reconciliation with Indigenous communities and help to reduce global greenhouse gas emissions. Partners in the Ksi Lisims LNG project, including the Nisga’a Nation, have applied for a 40-year LNG export licence and…

Surging global coal use highlights opportunity for Canadian LNG

There are 2,449 coal-fired plants operating worldwide, 189 under construction and 292 planned

Surging global coal use highlights opportunity for Canadian LNGCoal use around the world is rising in what the head of the International Energy Agency (IEA) calls “a sobering reality check” for targets to reduce emissions. Against that backdrop, global demand for liquefied natural gas (LNG) is soaring, in part because it can help displace coal power and reduce emissions by half – or…

How we can each deal with inflation

Buying only what we really need eases our budgets, simplifies our lives and cools the economy

How we can each deal with inflationInflation is a relatively new concept to younger people, who have never experienced the onslaught of rising prices. It’s chilling to those who have lived through or learned of times when hard-earned and well-saved money depreciated in value. Monetary policy in Canada aims to keep inflation at or under two per cent. The latest rate…

Trudeau looking at a wealth tax to pay for soaring spending

Its impact on the overall economy means everyone will suffer

Trudeau looking at a wealth tax to pay for soaring spendingPrime Minister Justin Trudeau is eyeing a wealth tax to pay for his government’s spending spree. Heavily redacted documents obtained by the Canadian Taxpayers Federation show Trudeau asked for an analysis of a $60-billion wealth tax. With indefinite deficits looming, it must be tempting to grab that cash. But a wealth tax would inflict economic…

Carbon capture an opportunity for Canada to lead the world

Could become a new large-scale industry for Canada while reducing our environmental footprint

Carbon capture an opportunity for Canada to lead the worldCanada’s largest oil sands producers are “in full-scale development mode” on a major joint project designed to significantly reduce greenhouse gas emissions and propel the sector down the path to net-zero. The companies have planned one of the world's largest carbon capture and storage (CCS) projects. It’s a key piece of what could become a…

Preston Manning brings clarity to our lockdown misery

Most of the world has managed to move on past these divisive – and just plain dumb – policies

Preston Manning brings clarity to our lockdown miseryPreston Manning already occupies a place of honour in our history books as the father of modern conservatism. His accomplishments are too numerous to recount in this short article, and his articles, essays and books are many. With his many accomplishments and at his stage in life, one would think Preston would choose an easier…