Why Canadian railroads want to expand aggressively

The regulatory environment in Canada makes foreign expansion not only more attractive but necessary to avoid stagnation or decline

Why Canadian railroads want to expand aggressivelyA bidding war erupted recently between Canada’s two mammoth and historic railways, Canadian National (CN) and archrival Canadian Pacific (CP), for the American railroad Kansas City Southern (KCS). KCS ultimately accepted CN’s US$30-billion bid after scrapping CP’s US$33.6-billion offer. This is all about KCS’s mid-American location and its extensive network in Mexico, where there’s considerable…

Classifying Uber drivers as employees stalls innovation

Uber emerged precisely to tackle transportation monopolies in need of disruption. The courts need to get on board

Classifying Uber drivers as employees stalls innovationUber has brought accessible income and affordable transport to tens of millions worldwide. Its disruptive presence, however, has ruffled Luddites and the self-entitled who prefer antiquated supervision to innovative enterprise. This standoff is playing out in Canada's legal system and has grave implications for the entire gig economy. Ontario's top court recently deemed invalid a clause…

Canada lacks competitive edge to compete with the U.S.

Canadian governments have failed to offer any significant strategies to keep the country competitive

Canada lacks competitive edge to compete with the U.S.Say you’re a store owner and your competitor across the street offers everything at lower prices, with higher quality and a friendlier attitude. You’re in trouble. If your competitor was on the other side of the city, things might be a bit better. But across the street? That’s roughly where Canada finds itself in relation…

Scaling back CEO pay will drive top talent away

Introducing new regulations and taxes to diminish executive pay will ultimately damage the Canadian economy

Scaling back CEO pay will drive top talent awayBy Jason Clemens and Joel Emes The Fraser Institute Along with the perennial new year resolutions, January also typically features a swath of commentaries decrying the pay of chief executive officers and demands for new regulations and taxes. But these calls for ever-larger government interventions on entrepreneurs and businesses miss the bigger picture – and risk…

Alberta and Enron: A tale of two twisted power plays

By challenging the Enron clause, Alberta's NDP government takes on the system it inherited and a dark piece of Ralph Klein's legacy

Alberta and Enron: A tale of two twisted power plays“Oh, what a tangled web we weave/When first we practise to deceive.” Having launched its campaign against carbon-emitting power plants, the Alberta government has inadvertently opened Pandora’s box, only to find the grisly face of Enron Corp. staring out at them ... snickering. Enron (that now-failed poster boy for corporate malfeasance) was a principal adviser…