Government policies threaten economic freedom in Canada

Policy developments at the federal level as well as in Ontario and Alberta threaten Canada’s reputation as a bulwark of economic freedom

Government policies threaten economic freedom in CanadaBy Fred McMahon and Ben Eisen The Fraser Institute Canada ranks a remarkable fifth in the world in economic freedom, just behind Hong Kong, Singapore, New Zealand and Switzerland. The “land of the maple leaf” is far ahead of our southern neighbour, supposedly the “land of the free.” The United States ranks 16th out of…

Albertans, Americans becoming less free to prosper

It's troubling to see Alberta make policy choices similar to the ones that have undermined economic freedom in the U.S.

Albertans, Americans becoming less free to prosperBy Ben Eisen and Fred McMahon The Fraser Institute Just as the United States has long served as a global exemplar of economic freedom and prosperity, Alberta has shown other provinces how to provide liberty and economic opportunity. Sadly, economic freedom is in retreat in both places. Throughout the 1980s and 1990s, the U.S. was…

Alberta’s cap on oil sands emissions could cost billions

The cumulative value of lost production from 2027 to 2040 could total C$150 billion (in 2015 dollars), with negligible environmental benefit

Alberta’s cap on oil sands emissions could cost billionsBy Kenneth P. Green and Taylor Jackson The Fraser Institute Alberta’s energy industry has been hit hard by the decline in oil prices, but the province is still home to the world’s third largest oil reserves, and despite a temporary glut, oil will still largely power the world for the foreseeable future. However, just how…

Crony capitalism, socialism leading to Venezuela’s collapse

Hopefully, as disaster looms, Venezuela can start down a road away from both crony capitalism and socialism

Crony capitalism, socialism leading to Venezuela’s collapseImagine a city where menus don’t print prices because inflation drives them higher daily; where streets are ghostly empty after dark and the murder rate is the world’s highest; where people queue for hours for meagre supplies of medicines and food, leaving many hungry and sick; where farmers don’t bring goods to market because roads…

Alberta squanders its business-friendly reputation

Notley government doesn't realize the path back to prosperity will only be achieved through improving the province’s investment climate

Alberta squanders its business-friendly reputationBy Steve Lafleur and Jason Clemens The Fraser Institute The decline of Alberta’s investment climate is grabbing headlines in both traditional and social media. While the policies responsible for this chill were announced months ago, the realities are starting to set in, with story after story of struggling businesses asking – indeed pleading – with…

How General Motors brought socialism to America

GM CEO Charles Wilson established a pension plan that would invest in the broader U.S. economy to ensure the protection of his workers' pensions

How General Motors brought socialism to AmericaAround the mid-20th century, Peter Drucker was the go-to business guru. A strategically-placed copy of one of his management books graced many an office credenza, even if its contents weren’t always diligently read or put into operation. Drucker (1909-2005) was born in Austria in the waning days of the Habsburgs. He moved to England in 1933…

The NDP takes a dangerous Leap to the left

The romance of the Leap Manifesto fails in the face of reality: hard-line socialism defies democracy

The NDP takes a dangerous Leap to the leftAlberta Premier Rachael Notley was “disappointed” when the recent federal NDP convention in Edmonton adopted the Leap Manifesto as a guide to party policy. She should not be alone. The Leap’s anti-hydrocarbon agenda was adopted despite being branded by Notley’s environment minister as a betrayal of the people who voted for the party in Alberta.…
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