For an issue that’s been so polarizing, the arguments against the pipeline expansion are surprisingly flawed
Nothing has been as divisive to national unity as the Trans Mountain pipeline expansion in the 25 years since the Quebec independence referendum. But unlike separation, this project – approved again last week by the federal government – is good for the country and will benefit all Canadians. Moving to Vancouver two years ago from…
Study of over 200 criminal convictions gleans critical insights about how Canadian organizations can reduce fraud
The first national study of its kind, Fraud Aware 2019: National Study on Reported Fraud Cases in Canada, has found that the most convictions and the largest reported losses due to fraud were seen in Ontario, Quebec, Alberta and British Columbia. Business advisory and accounting firm MNP LLP released the results of the study on…
The place of French in Canada 50 years after the Official Languages Act was first enacted shows we can and must do better
By Sen. Raymonde Gagné and Sen. René Cormier To mark the 50th anniversary of the Official Languages Act (OLA) and the International Day of La Francophonie, an open caucus was held at the Senate of Canada to reflect on the place of French in Canada. Professors Stéphanie Chouinard, Michael MacMillan and Benoît Pelletier addressed the following question:…
Liberals “backstop” carbon-tax will lead to $30 a tonne next year for Alberta, 50% higher than the rate currently in place in Quebec
By Jean Michaud and Germain Belzile Montreal Economic Institute New Alberta Premier Jason Kenney has vowed to repeal the provincial carbon levy implemented by the previous NDP government. That tax began in 2017 at $20 a tonne and rose to $30 a tonne before the NDP froze it in protest to delays over the Trans…
China's fight for cleaner air creates an unparalleled opportunity for investment in Canadian super clean iron ore
China’s war on air pollution will lead to a big win for the high-grade iron ores produced abundantly in Canada’s Labrador Trough region. Chinese President Xi Jinping is pushing to improve air quality. That has created an opportunity for Canadian iron ore projects to enter the market, offering an alternative to lower grade product that…
Canada shouldn't tolerate bullies. And we need to stand firm in the face of business practices we find unacceptable
When I was in secondary school, there was a bully who had to have his way. He figured because he was bigger and stronger than most other kids his age, he should be able to do whatever he wanted. He coerced other kids to do his dirty work and sometimes even his homework. He intimidated…
Oil and gas contributed some $117 billion to Canada’s GDP last year, six times the economic contribution of the Ontario auto industry
What was Canada’s biggest business news story of 2018? According to the pundits at The Canadian Press, it wasn’t the giveaway of Canadian oil to Americans for tens of billions of dollars below world prices, caused by a lack of pipelines from Alberta. It wasn’t the loss of tens of billions more in oil and…
Ontario, Alberta and Quebec continued to account for the majority of energy consumed in Canada
Primary energy production in Canada increased five per cent in 2017 to 20,741 petajoules, following a 3.1 per cent increase in 2016, according to Statistics Canada. In a report released on Thursday, the federal agency said crude oil accounted for the largest proportion of primary energy production in Canada in 2017 at 46.4 per cent,…
66% of Quebecois favour Western Canadian oil over foreign oil, and 45% believe pipelines are the safest means of transporting oil
Here’s some interesting poll results taken for the Montreal Economic Institute regarding the controversy over oil and recent negative statements about the Quebec’s Premier about oil which has angered people in Alberta. The Leger poll found that 66 per cent of respondents favoured Western Canadian oil, versus just seven per cent who preferred to import…
Massive restructuring program also includes sale of non-core assets and new emphasis on technology
Montreal-based Bombardier, an aerospace and transportation giant in the industry, announced on Thursday that it was slashing 5,000 jobs from its global workforce. In a news release reporting its third quarter financial results, the company said the reduction in staff will take place across the organization over the next 12 to 18 months, “leading to…