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…

Government roadblocks cripple energy industry

Certainly there are factors beyond domestic control, but some simple regulatory changes and a general will to help industry will go a long way

Government roadblocks cripple energy industryAndrew Leach, an energy and environmental economist at the University of Alberta, recently observed that a number of things challenge the oil and gas industry in Canada, particularly the oil sands sector. And some of those challenges aren’t the fault of Canadian politicians or environmental activists. He noted that the Canadian Association of Petroleum Producers…

Internal trade barriers cripple Canada

The good news is the Constitution guarantees free trade among provinces. But do federal officials have the political will?

Internal trade barriers cripple CanadaIf there’s one near unanimous consensus among economists, it’s that free trade increases productivity and boosts growth. The flip side is that tariffs, quotas and other trade barriers generally reduce welfare. A recent study by the International Monetary Fund suggests Canada – on account of trade impediments between the provinces – is forgoing a four…

Canada missing out on shale revolution

Shale-gas policy changes, followed by investments across the country, would turn Canada into an international leader in the transition towards clean energy

Canada missing out on shale revolution“It takes real skill to derail an industry where Canada has so many competitive advantages,” writes Rick Rule regarding energy markets. The chief executive of Sprott US Holdings, a natural-resource brokerage, says the barrier is politics, while Canadian firms, technology and geology are top tier. Fortunately, policy can change and Canada can lead clean-energy production.…

The tables have turned in the climate change debate

Work on risk assessment, and policy choices that follow, needs to be examined with a more realistic eye

The tables have turned in the climate change debateNow that the federal election is over, the government of Justin Trudeau (perhaps now in closer concert with parties across the aisle) will continue its climate policy program. It’s therefore worth noting the recent tragic death of Harvard economist Martin Weitzman has underscored his work on climate risk assessment, which many climate activists use to…

Sluggish investment threatens Canada’s prosperity

The only way to raise living standards and incomes for Canadians is by building a more productive economy. Yet politicians are mum on the subject

Sluggish investment threatens Canada’s prosperityThe recent federal election campaign saw much discussion about climate change, energy policy, housing, the social safety net, and the well-being of the never-defined “middle class.” One subject that was ignored by both the media and those seeking office was productivity. That’s unfortunate and somewhat puzzling. After all, in the long term the only way…

Canada is headed for a financial cliff

The prospect of a profligate Liberal minority government dependent on the even more financially destructive policies of the NDP is enough to send even more investors scurrying to the exits

Canada is headed for a financial cliffThe Oct. 21 federal election results confirm that most Canadians have lost all fear of deficit spending, no matter how large. That’s a serious problem for the nation. During the 2015 federal election campaign, the Conservatives led by Stephen Harper proudly announced a no-deficit budget after years of working to rebalance spending and revenues following…

Is Canada just a good place to be from?

We were once the envy of the world. Now, talented young people and entire businesses are leaving for better prospects elsewhere

Is Canada just a good place to be from?I think Canada is the best country in the world. I’ve always lived here but I’ve travelled extensively. Most people from other countries seem to share a positive opinion of Canada, though a few who live close the equator think of Canada as ‘instant popsicle.’ Climate aside, Canada is seen as a haven of freedom,…