Comeau ruling defies economic – and common – sense

A Supreme Court ruling that there’s no ‘constitutional guarantee of free trade’ will stifle both competition and lower prices for consumers

Comeau ruling defies economic – and common – senseThe Supreme Court of Canada has ruled that provinces have the right to erect interprovincial tariff barriers. That’s bad news for Canadian consumers and the health of the national economy. It is, however, a relief for provinces that for years have allowed fiscal priorities to supersede consumer choice and common economic sense. In 2012, Gerard…

Shove EDC off taxpayers’ shoulders and into the private sector

Canada's export credit agency is good at what it does. But part of that is taking risks with taxpayers’ money. It's time for that to end

Shove EDC off taxpayers’ shoulders and into the private sectorExport Development Canada (EDC) has a big problem – the kind of problem Crown corporations have no business courting. Canada’s export credit agency, EDC loaned Turquoise Hill Resources, a mining company, $1 billion. Unfortunately, Turquoise Hill allegedly transferred a considerable amount of money offshore to minimize the taxes it pays in Canada. EDC’s mission is…

Trade wars, food fights and a budget that ignores it all

Duties may look like attractive, simple mechanisms to protect domestic interests. But they’re a very expensive way to retain jobs

Trade wars, food fights and a budget that ignores it allThe ugly face of protectionism is slowly making its way across the globe. With trade wars looming on several fronts, including in the agri-food sector, Canada's federal government seems resolved to lose. Bill Morneau is obviously an influential figure in Prime Minister Justin Trudeau’s cabinet, but he’s no finance minister – despite his title. Given…

Breaking down interprovincial trade barriers

The Supreme Court will hear arguments in the Comeau case this week. The outcome has implications for all Canadians

Breaking down interprovincial trade barriersAs the 150th anniversary year of Canada’s founding draws to a close, a mountain of paperwork is accumulating at the Supreme Court in the case Regina versus Comeau, which is scheduled to be argued on Dec. 6 and 7. Eight provinces and two territories have lined up to fight a New Brunswick court decision that held interprovincial…

Lowering costs, not raising wages, key to helping low-income earners

Remove trade barriers, end supply management and reduce payroll taxes – don't hike minimum wages – if you really want to address income discrepancies in Canada

Lowering costs, not raising wages, key to helping low-income earnersPeople tend to applaud minimum wage increases but those increases more likely harm those who policy-makers want to help. New Brunswick’s government has raised the minimum wage by 35 cents to $11 an hour, the 12th provincial increase since 2007. This moves the wage floor to the highest level in three decades. The minimum wage…

National free-trade opportunity poured down the drain

New deal between the provinces encourages protectionism and allows exemptions to free trade, most notably when it comes to alcohol

National free-trade opportunity poured down the drainHALIFAX, N.S., April 19, 2017 /Troy Media/ – The newly-minted Canadian free-trade agreement is no great accomplishment. Instead of free exchange, most of the deal’s convoluted text entrenches protectionism, with some 130 pages of exemptions. All of the negotiations leading up to the deal – and now these hundreds of pages of rules – leave the…

Canada needs a national policy to right our economic ship

Our trust-the-status-quo mindset is part of the problem. And our commitment to globalization must come with a Canada-first policy

Canada needs a national policy to right our economic shipEDMONTON, Alta. Mar. 27, 2017 /Troy Media/ – Prime Minister Justin Trudeau has blinked. The recent federal budget was cautious when it should have been bold. It was hesitant and defensive when it should have been a battle cry for Canadian unity and prosperity. The unpredictable Donald Trump may or may not fulfil his promise to only…

Rachel Notley’s trade hypocrisy

It would be nice if the Alberta Premier could practice in Alberta what she preaches in Washington

Rachel Notley’s trade hypocrisyCALGARY, Alta. March. 4, 2017/ Troy Media/ - Alberta is all abuzz. Alberta Premier Rachel Notley is back from her trip to Washington. She was there to advocate for the province’s economic interests against the rising tide of American trade protectionism and to explain how trade with Alberta benefits both us and the U.S. She’s…

Cross-border beer and the case for in-Canada free trade

Free trade continues to be valued, as it was at Confederation, both for its economic benefits and its potential to promote Canadian unity

Cross-border beer and the case for in-Canada free tradeCAMBRIDGE, Mass. Dec. 1, 2016/ Troy Media/ – What will become of the New Brunswick court case that promised to free the beer, along with other goods traded across provincial borders? In April, provincial court Judge Ronald LeBlanc ruled that the effective ban on liquor purchased out of province was unconstitutional. His ruling cited Section 121 of the Constitution…