The good news? Pandemic under control. The bad news? Very slow growth, high debt, higher taxes, high unemployment
The future is imaginary, said philosopher Baruch Spinoza. We don’t and can’t know what will happen in the future and last year certainly demonstrated that. Nevertheless, the desire to see what the new year will bring always overcomes the future’s inherent mystery. We peer into our crystal balls and bravely prognosticate, knowing full well that…
COVID-19 has made us realize that many people whose jobs are too important to be interrupted are the ones earning the least money
Almost everyone agrees that grocery store workers should earn better wages, especially during a pandemic. In Canada, their hourly rate hovers around $15 an hour. New hires get about $13 an hour, while the highest paid earn almost $50,000 annually, or about $25 an hour. In a high-volume, low-margin world, salaries are what they are.…
Pandemics have a way of changing the world. The Plague of Justinian hit the Mediterranean area in the 500s, not only killing millions but crucially weakening the Byzantine Empire and helping ruin its plans to reconquer western Europe from the barbarians. The Black Death of the 1300s wiped out over 100 million people in Europe…
The pace of food inflation is unmanageable for many
Canada’s Food Price Report 2021 brought some disconcerting news to Canadians. We could see food prices rise by as much as five per cent in 2021, according to the recently-released report. That’s the highest increase ever predicted by the report’s authors, a group of 24 scholars from four universities. For a family of four, the…
By Jason Clemens, and Milagros Palacios The Fraser Institute Since its election, the current federal Liberal government has consistently demonstrated its disinterest in targeting spending to those in need and limiting debt accumulation. Despite expected deficits of $381.6 billion this year and $121.2 billion next year, and that the national debt (adjusted for financial assets)…
Two centuries ago, clergyman Thomas Malthus expounded the proposition that population always outruns food supply. He said population increases geometrically while food supply increases, at best, only arithmetically. Half a century ago the Green Revolution, enabling massive increases in agricultural production, allayed such fears. Arguably, however, it will be impossible to repeat that revolution. Even…
Trudeau needs to go back to drawing board and come up with an environmental plan that doesn’t hammer taxpayers
By Aaron Wudrick and Franco Terrazzano Canadian Taxpayers Federation Whenever Prime Minister Justin Trudeau wants to solve a problem, his solution can’t be to hit families and businesses struggling to get by with even more costs. Yet, that’s exactly the approach Trudeau is taking with his second carbon tax. As Postmedia columnist John Ivison reported,…
Richard Nixon and Pat Moynihan had a plan to end poverty. In the end, it was far too complicated, and languished and died
Whether it’s called a guaranteed annual income or a universal basic income, this currently fashionable idea isn’t new. And the fact that it hasn’t happened yet is a tipoff to the associated complexities. One of the earliest proponents was an American right-winger. In 1962’s Capitalism and Freedom, libertarian economist Milton Friedman proposed what he called…
Alberta researchers identify gradients of risk for preterm births, small and large size at birth, smoking and drug use by mothers
The highest concentration of adverse birth outcomes and related maternal risk factors occur in rural areas of Alberta with the lowest socio-economic status, according to new research from the University of Alberta. “When it comes to perinatal health, postal code can be as important as your genetic code,” said perinatal epidemiologist Maria-Beatriz Ospina, assistant professor of obstetrics…
Norway has a successful youth sports system, accessible to all. The national lottery earmarks millions for youth sports every year
I’ve been a youth sports coach for 17 years. For the most part, it’s been very rewarding. However, one of the hardest aspects has been watching kids drop out of sports because they no longer can afford to pay to play. It’s heartbreaking. Social injustice is a hot topic these days. However, there’s one area…
The future is imaginary, said philosopher Baruch Spinoza. We don’t and can’t know what will happen in the future and last year certainly demonstrated that. Nevertheless, the desire to see what the new year will bring always overcomes the future’s inherent mystery. We peer into our crystal balls and bravely prognosticate, knowing full well that…
