Aging population upending current interest rate policy

With the number of seniors living off retirement income rising, increasing interest rates no longer a precursor to a cooling economy

Aging population upending current interest rate policyCanadians are constantly reminded that we’ve let ourselves get too deeply into debt and if the cost of that debt – interest rates – increases, we’ll be in deep yogurt. To the extent that such debt is mortgage-based and the average price of homes has been rising, this debt should be manageable. I don’t expect…

Crown corporations are the weak link in economic growth

They lack the discipline of the marketplace and the ambition that comes from a desire to grow and improve to gain profit

Crown corporations are the weak link in economic growthThe free-market corporate world has mechanisms to fix its messes. Not so the realm of Crown corporations. There have been a number of problems in ordinary corporate governance in recent decades. Boards of directors are charged with supervising management of market corporations. Boards establish performance standards for managers and set their pay levels. They also…

Tax reforms will put the brakes on economic growth

Professionals, farmers and entrepreneurs are paying their fair share; raising their taxes will dampen investment and risk-taking

Tax reforms will put the brakes on economic growthBy Ian Madsen Senior Policy Analyst Frontier Centre for Public Policy Instead of clamping down on the entrepreneurs who drive Canada's economy, the federal government needs to back off on all taxation. The federal government is determined to eliminate the perceived income tax benefit provided to people who incorporate. The argument is that those who…

Clueless Trudeau government botches tax reform

The amount of taxes extracted from working Canadians driven by “modest deficits” spiralling out of control

The throaty growl coming from entrepreneurs, doctors, lawyers and even farmers across the country in response to Finance Minister Bill Morneau’s proposed changes to small business corporation taxation presents the biggest challenge faced by the Liberal government. It’s hard to argue with the fundamental rationale for the changes: that the owner of an incorporated small…

Trump pulling Canada into a NAFTA quagmire

Canada should not fall into the trap of believing that traditional Canadian-U.S. goodwill will prevail with the president

Trump pulling Canada into a NAFTA quagmireWhat's the point of NAFTA or any of the other 'free' trade deals if craziness can simply overwhelm them? American authorities have sideswiped Canadian aerospace manufacturer Bombardier with punitive duties. No unbiased observer can explain the outrageous 220 per cent duty imposed on the importation of Bombardier's C Series jets. There are two disturbing reactions…

Headlines about economic growth hide underlying problems

Private businesses and international investors are losing confidence in Canada as a competitive place to do business

Headlines about economic growth hide underlying problemsBy Niels Veldhuis and Jason Clemens The Fraser Institute Given the sensational headlines hyping Canada’s recent economic growth, it’s hard to blame Canadians for being complacent. “Canada's economy steamrolls ahead – 4.5 per cent annualized rate of expansion,” declared the Globe and Mail. “Canada's economy blows away forecasts with 4.5 per cent growth,” proclaimed the…

A Canadian delicacy claws its way back into the market

Lobster is so popular these days, McDonald's ditched its McLobster due to higher prices. Still, things are looking up for the 'chicken of the sea'

A Canadian delicacy claws its way back into the marketLobsters are not easy on the eyes. The first person to discover that these hideous crustaceans were edible deserves a medal. Lobster was once the poor man’s protein and fed mainly to prisoners. These days, the chicken of the sea is enjoying more love than ever – U.S. President Donald Trump and French President Emmanuel…

Canada’s economic outlook positive, YPO’s Global Pulse confirms

Rising commodity prices, increased tourism revenue, higher investment and an overall strong economic performance all contributed to the positive outlook

Canada’s economic outlook positive, YPO’s Global Pulse confirmsYPO, the world’s leading chief executive leadership organization, reported today that business confidence among Canadian business leaders strengthened considerably in 2017’s second quarter. The upturn confirmed an an equally optimistic forecast by the International Monetary Fund (IMF). In its latest World Economic Outlook, the IMF predicted that Canada’s economic growth would lead the G7 countries…

Retooling NAFTA: Canada faces harsh economic truths

Canada holds a weak hand as NAFTA re-negotiations begin. More attention needs to be paid to the challenges weighing down the Canadian export economy

Retooling NAFTA: Canada faces harsh economic truthsCanada enters NAFTA renegotiations with a rather weak hand. Canada is a mid-sized economy, responsible for less than two per cent of global production of goods and services – a proportion that has fallen gently over the last decade or so. And we represent about eight per cent of all economic activity across the United…

Giving oil discounts or taking liberties with details?

The majority of oil produced in Canada is by companies with integrated operations in the U.S. There is no 'captive market' and no 'discount' because of it

Giving oil discounts or taking liberties with details?Gwyn Morgan’s recent column Canadians’ US$38-million-a-day gift to Americans is replete with factual errors. Morgan claims that, “five major oil-export pipelines remain unbuilt, leaving us with no choice but to sell our oil to U.S. buyers at below world prices. Depending on the world price and other factors, the resulting captive-market discount has been as much as…
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