Bright future for cannabis as perspectives shift

It will be interesting to see how the market evolves and how Canadians will (or won’t) embrace cannabis in a post-pandemic economy

Bright future for cannabis as perspectives shiftIn 2019, the cannabis sector in Canada had its bubble burst. But its comeback appears promising. Players in the field are slowly getting their footing back and settling into a North American market that’s different from its pre-pandemic predecessor. More mergers and acquisitions are pointing to a more mature marketplace. But with cannabis, Canada and…

Canada-U.K. trade links more important than ever

Brexit can also be an opportunity for members of the Commonwealth to strengthen their trade, social and military ties

Canada-U.K. trade links more important than everBrexit has allowed the United Kingdom to establish an independent trade policy outside the expectations of the European Union. European law and treaties signed by the EU no longer apply to the U.K. Accordingly, the British government signed the Trade Continuity Agreement with Canada. The agreement, which took effect on April 1, maintains the intent…

Freeland doubles down despite dismal pre-COVID economic numbers

The government requires a complete 180-degree turn in policy

Freeland doubles down despite dismal pre-COVID economic numbersBy Jason Clemens Milagros Palacios and Niels Veldhuis The Fraser Institute In a recent interview, federal Finance Minister Chrystia Freeland explained the need to focus on economic growth to deal with many of Canada’s fiscal issues, including our high debt levels. Minister Freeland is correct that higher rates of economic growth would solve many of…

Killing Keystone XL gives other countries an advantage over Canada 

Plenty of other countries ready to take over Canada’s market share if Canada exits the oil business

Killing Keystone XL gives other countries an advantage over Canada By Mark Milke and Ven Venkatachalam Canadian Energy Centre The killing of the cross-border Keystone XL pipeline due to anti-oil activism and politics will change nothing about worldwide oil demand. All it does is hand an advantage to Canada’s competitors. Worldwide oil consumption has been on an upward trajectory, and with the COVID-19 pandemic subsiding…

The danger of ignoring the costs of Canadian climate policy

Consumers, taxpayers, shareholders of Canadian firms and workers will all pay the price for Canada’s cost-insensitive climate policy

The danger of ignoring the costs of Canadian climate policyBy Jock Finlayson and Denise Mullen Business Council of B.C. Your home’s natural gas furnace is on the fritz. You need heat, so you must replace it. There are several options: electric baseboards, electric radiant flooring, a heat pump, or direct gas-fired space heaters. It may also be feasible to use your existing wood fireplace…

OPEC+, IEA clash over future of fossil fuels

IEA wants all investments in new developments to stop. Others warn that could lead to $200 a barrel oil

OPEC+, IEA clash over future of fossil fuelsThe Organization of Petroleum Exporting Countries and their allies in OPEC+ are on a collision course with energy watchdog International Energy Agency (IEA) on at least two counts. Last month, the Paris-based IEA delivered the starkest warning yet on fossil fuels, saying the exploitation and development of new oil and gas fields must stop this…

Canada’s crypto crackdown does a disservice to the market

Canada must emulate countries such as Liechtenstein and Malta, which adapted legislation in advance to attract crypto entrepreneurs

Canada’s crypto crackdown does a disservice to the marketThe Canadian cryptocurrency industry knew mainstream adoption would inevitably come with a regulatory load, especially after the 2019 collapse of the largest exchange at the time, QuadrigaCX. Participants, however, didn’t expect regulators to come with one of the most heavy-handed approaches possible. On March 29, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory…

Are we ready for the tourism rebound?

As tourists start their migration toward Canada, there’s hesitancy about the industry's readiness to manage the tsunami of people

Are we ready for the tourism rebound?Canadians are ready for the borders to reopen and will flock to sun destinations next winter like never before. The number of people who have said that they’re ready to “get out of Dodge” and “fly the coop” is an indication that there’s a pent-up demand for travel and excursions that has been bolstered by…

Why Canada’s heavy oil is an integral part of U.S. production

Anyone who thinks the U.S. can do without Canadian oil, especially heavy oil, is misinformed. Canadian oil is critical to the Americans

Why Canada’s heavy oil is an integral part of U.S. productionBy Mark Milke and Lennie Kaplan Canadian Energy Centre The United States banned exports of crude oil in the mid-1970s, as the result of an oil embargo directed at the U.S. by Middle Eastern countries. The embargo began as a result of American support for Israel during the 1973 Yom Kippur War. In response, some…

Free up small business to rebuild Canada’s devastated economy

We must free internal trade, reform banking and telecommunications and increase incentives for retraining

Free up small business to rebuild Canada’s devastated economyBy Sara MacIntyre and Marco Navarro-Genie Frontier Centre for Public Policy Canadians want change. It’s been more than a generation since we’ve felt the kind of overreaching power of government we’ve experienced in the past year. Daily freedoms have been curtailed, millions of livelihoods impaired, savings drained and countless fines and arrests created for new…