Taxing homes the wrong way to cool the housing market

For many Canadians, the dream of home ownership is slipping away

Taxing homes the wrong way to cool the housing marketThe housing market has been red hot lately, which has been raising concerns about affordability. While the volume of sales has been high, so have prices. Canada-wide, the average home price rose nearly 20 per cent between November 2020 and November 2021, to the highest level on record: $720,850. For many Canadians, the dream of…

Our “lost generation” of Canadian youth

Young people who graduate into a recession often take decades to recover

Our “lost generation” of Canadian youthAs we bid farewell to 2020, an annus horribilis if there ever was one, spare a thought or two for Canada’s youth. Hard as 2020 was on Canada a whole, young Canadians are paying big time for the unavoidable consequences of COVID-19. Many Canadian young people were supposed to be having the proverbial ‘time of…

Did we really need the Canada Student Service Grant?

Or was Trudeau just trying to buy the votes of young Canadians

Did we really need the Canada Student Service Grant?Conflict of interest revelations surrounding the selection of WE Charity to administer the Canada Student Service Grant have dominated recent media coverage and led to investigations by parliamentary committees and the federal ethics commissioner. While getting answers on how WE was selected is essential, there’s been scant focus on the more fundamental question: why was…

Here’s how sad grads can adapt to the modern job market

Don’t ask them for a job. Ask them if they have any projects or problems that someone with your abilities could help them with on a contract basis

Here’s how sad grads can adapt to the modern job marketWe’ve all heard of them, probably met them and maybe even live with one or two: the sad grads. These are the young people who did everything expected of them. They did their high school homework and matriculated with good grades. They put together a resume of part-time work, community work and references almost before…

The hard truth about soft economic policy

You don't have to be an economist to know that rising interest rates will hurt a lot of Canadians but especially young families

The hard truth about soft economic policyOver the past few months, the Bank of Canada has faced a terrible dilemma: keep interest rates low or raise them to combat potential inflation. It seems the decision has been made – on July 12, the bank raised interest rates for the first time since the 2008 financial crisis. If this is the start…

The boomers’ last chance for redemption

Our youth are the best-educated, most adaptive and creative generation in history, but conservative boomer-era bankers are holding them back

The boomers’ last chance for redemptionCan the baby boom generation find economic absolution? The generation born between 1946 and 1964 is leaving a bitter legacy. As the governing generation, it has mismanaged economies so badly they've imperilled their children's future. But the rise of a new creative economy could provide this most privileged generation with an opportunity for redemption. How…

Canada’s affordable housing crisis about to get worse

The affordable housing crisis is an obvious symptom of a deep-seated disease in modern capitalism

Canada’s affordable housing crisis about to get worseCanada is a modern success story; with a functioning democracy, a tolerant, multi-ethnic society and an economy that’s the envy of the world. So how can it be that so many of our citizens can’t afford to put a roof over their heads? It’s shocking to learn that many working Canadians are unable to gain…

Another entrenched establishment about to bite the dust

We are on the verge of a new world economic order

Another entrenched establishment about to bite the dustEvery century has its own violent passions and historical blueprint, and the next will be upon us soon. The 17th century was a struggle for religious freedom, the 18th brought us the Enlightenment and political revolution, the 19th launched industrialization, and the 20th century was a violent struggle for democracy and human rights. Each epoch had its…

Young voters have no taste for old-school politics

Restoring faith in our electoral system will require a new style of politics that eschews much of the current orthodoxy

Young voters have no taste for old-school politicsOf all the victims to take a hit in the Mike Duffy Senate expenses scandal, there’s one that isn’t talked about much. Democracy itself. It’s hard to read the daily stories of ambiguous Senate expense rules, allegations of blackmail/payoffs and rampant disregard for the poor taxpayers who are underwriting this mess without asking yourself about…

Niqabs, millennials symbols of the age of entitlement

2 recent op-eds in the National Post bear little resemblance to the real world

Niqabs, millennials symbols of the age of entitlementThe National Post’s op-ed pages had an interesting day recently, sporting several pieces that stuck in my mind. This column is about two of them. The first one felt like the Post’s umpteenth brief against the Harper government’s prohibition of niqabs at citizenship oath-taking ceremonies. The paper certainly hasn’t been shy about expressing its disapproval…