As the Canadian leaves his post as governor of the Bank of England, his legacy is one of bias and wildly incorrect predictions
Canadian economist Mark Carney is stepping down as the governor of the Bank of England, to be replaced by Andrew Bailey in March. So it’s fitting to look at how his anti-Brexit bias and activism have damaged his legacy. Anybody actively involved in the Brexit debate is certain to hold strong opinions about Carney, as…
Trudeau is failing Canadians if he doesn’t step up to save what could be a continued source of positive trade with the United Kingdom for Canada
Brexit uncertainty is no more, following the election of Boris Johnson as prime minister of the United Kingdom with the largest Conservative majority since 1987. The U.K.’s withdrawal agreement with the European Union will be official on midnight, Jan. 31. But that isn’t the end of the story. By December 2020, the end of the…
Prime ministers often come and go without making a material difference. For better or worse, Johnson looks like an exception
Boris Johnson has been called many uncomplimentary things, charlatan and clown being among the milder epithets. Even those sympathetic to his current agenda are liable to use terms like “unprincipled opportunist.” However, another descriptor is becoming increasingly apt. Johnson is shaping up to be a consequential politician, defined as one who makes a difference. A…
The Commonwealth that binds the U.K. and Canada is a great positive for the world. And the influence of colonialism isn't all bad
Public support for the monarchy in Canada is lower than in the United Kingdom, but Queen Elizabeth II’s reign isn’t over yet and there’s no real reason to believe Prince Charles won’t become the next head of state. Quebec aside, Elizabeth remains extremely popular throughout Canada. Polls show eight out of 10 Canadians positively endorse…
A separate Scotland and a unified Ireland would certainly face new challenges. But life might be easier for the English
If Brexit happens and has the unintended consequence of facilitating Scottish independence and Irish unification (picking up where last week’s column left off), what would that mean for various groups? For Scottish unionists, leaving the United Kingdom would certainly be a major psychological wrench. Unlike, say, the former states of Yugoslavia and Czechoslovakia – both…
If Boris Johnson is to get his agreement passed, he needs to change parliament. The Dec. 12 general election provides the opportunity
My Aug. 1 column noted the significance of Boris Johnson becoming United Kingdom prime minister. Given his key cabinet and staff appointments, he was clearly going to force Brexit resolution in a way that his predecessor, Theresa May, was either unable or unwilling to do. This shouldn’t have been a surprise. Both May and her…
Brexit will liberate Great Britain from the shackles of the European Union and provide an example for other countries to follow
Three years ago, almost 52 per cent of electors voted in a referendum to pull Great Britain from the European Union. It was the first major, painful defeat for the German-controlled EU’s banks and multinationals. However, Great Britain has still not left the European Union, even though the exit was scheduled to take place on…
Unnaturally high growth rates were driven by post-war reconstruction, the baby boom and rising female labour force participation
The single biggest determinant of long-term economic well-being is the rate of economic growth, but our expectations for modern growth may be misplaced. The industrial era, since the early 19th century, has seen powerful economic growth and unprecedented increases in living standards. Growth rates reached their peak in the postwar economic boom from 1945 to…
A modern, diverse system that meets the needs of a pluralistic society can deliver education in different ways
The Liberals are making support for public education a litmus test in the federal election campaign. The Liberals aren’t satisfied that Conservative Leader Andrew Scheer has dropped the promised he made during the Tory leadership race in 2017 to provide tax credits to parents for costs of non-government-provided education. Various Liberals have spoken out. Katie…
Examples can be found around the world – including in Canada – and the scenario is being played out again in the U.K.
Running for the United Kingdom Conservative leadership, Boris Johnson claims that his party faces “extinction” if it fails to deliver Brexit. Political rhetoric being what it is, this could be dismissed as self-interested hyperbole. But while Johnson may exaggerate, the threat he envisages isn’t conjured out of thin air. There’s ample evidence that many habitual…