Economic storm clouds on Canada’s horizon

This year’s uptick in economic growth has nothing to do with current government policy that is expected to hamper future business expansion

Economic storm clouds on Canada’s horizonBy Charles Lammam and Hugh MacIntyre The Fraser Institute During the recent federal fiscal update, Finance Minister Bill Morneau said higher-than-expected economic growth for 2017 is evidence that the government’s plan is working. In reality, however, little of what’s driving growth for this year has anything to do with government policy. And economic storm clouds remain for…

Red tape chasing investors away from Alberta’s energy industry

Alberta has become less attractive for investment while the U.S. is drawing more attention, thanks to Trump's policy changes

Red tape chasing investors away from Alberta’s energy industryBy Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute TransCanada Corp. recently pulled the plug on Energy East, its proposed 1.1-million-barrel-per-day oil pipeline between Alberta and New Brunswick, a month after the company said it would conduct a “careful review” of the cost impacts of changes in National Energy Board regulations. It…

Trudeau can pull Wynne to victory in Ontario

The last thing the federal Liberals can afford is to sit on the sidelines in Ontario in June. A provincial voter swing could portend federal calamity

Trudeau can pull Wynne to victory in OntarioWith just two years until the next federal election, Canadians should expect to see much more of the prime minister as he works to bolster his party's prospects in 2019. Any time the Liberal image is threatened, expect Justin Trudeau to rush in and save the day. And Ontario voters should expect Trudeau to be…

Trudeau, Notley said yes to pipelines, while really meaning no

While telling people that they understand the importance of the pipelines, Notley and Trudeau piled up the regulatory bricks to ensure they were not viable

Trudeau, Notley said yes to pipelines, while really meaning noTransCanada’s withdrawal of its proposal to build the Energy East and Eastern Mainline oil pipelines is a huge loss to Canada and Canadian workers – a $16 billion project regulated to death. Let’s get the red herring out of the way up front. Yes, the low world price of oil was surely part of this…

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…

The Canadian multicultural community’s growing political muscle

By electing Jagmeet Singh as their new leader, the federal NDP have signalled that they understand the escalating importance of inclusivity

The Canadian multicultural community’s growing political muscleThe election of Jagmeet Singh as the new federal New Democratic Party leader is a game changer for the Canadian political landscape. Singh, a 38-year-old lawyer, has his feet firmly planted in Canada’s multicultural community. He’s a bearded, turban-wearing Sikh who carries a kirpan, and speaks English, French and Punjabi fluently. New Democrats have astutely…

Trudeau’s tax cutting rhetoric doesn’t match reality

The government has raised income taxes on the majority of middle-class Canadian families, despite repeated claims of the opposite

Trudeau’s tax cutting rhetoric doesn’t match realityBy Charles Lammam and Hugh MacIntyre The Fraser Institute Too often, reality doesn’t match political rhetoric. The federal government's tax relief promises are a case in point. On the federal election campaign trail in 2015, Justin Trudeau promised to cut income taxes for middle-class Canadian families. And since becoming prime minister, he and his government have repeatedly…

Alberta still loses if resource revenue removed from equalization

Options for reform are severely limited so long as a rule requiring program costs to escalate every year remains

Alberta still loses if resource revenue removed from equalizationBy Ben Eisen and Joel Emes The Fraser Institute Jason Kenney, candidate for the leadership of Alberta’s United Conservative Party, recently called for reform to Canada’s equalization program. Specifically, he suggested a referendum in Alberta to force the federal government to consider removing non-renewable resource revenue (in Alberta’s case, mostly revenue from oil) from calculations…

Justin’s tribalism the opposite of his father’s one Canada vision

Imagine what Pierre Trudeau would have thought of his son's hyphenated Canadian fixation

Justin’s tribalism the opposite of his father’s one Canada visionLike father, like son? Not so for Prime Minister Justin Trudeau, who appears to have selected a path at odds with the best of his father's legacy. Pierre Trudeau, even as one of the most divisive prime ministers in Canadian history, was a champion of a singular, unifying notion: one Canada. He boldly fought to…
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