Canadians need help now – so cut their taxes

Tax relief is instantaneous. Money is simply left in the hands of those who need it. There’s no application to be processed

Canadians need help now – so cut their taxesAs Canadians stay home to keep their communities safe in the midst of the coronavirus crisis, millions of people are out of work and countless businesses have closed their doors. It’s an unprecedented situation. Never before have governments deliberately put their economies into a coma in order to fight a health pandemic. And with the…

The crude story behind the Russia/Saudi oil war

Coupled with the coronavirus, the oil battle is hurting economies all over the world, including Canada and particularly Alberta

The crude story behind the Russia/Saudi oil warThe world is in a mess and so are the crude oil dynamics. Coronavirus pandemonium is reshaping the global crude oil fundamentals and demand destruction continues. The transportation sector, responsible for almost 70 per cent of the total global crude oil consumption, is in the doldrums. Staying indoors is the new mantra and road transport…

Will a pandemic and an oil price war bring cheaper food?

The global economy is being hammered. The good news is consumers may see cheaper food prices but there’s a big, dark cloud on the horizon

Will a pandemic and an oil price war bring cheaper food?Most analysts agree that the oil price war is only beginning. Abundant cheap oil will impact the entire agri-food market, from farm gate to plate. And the coronavirus pandemic is compounding what’s already a fragile global economy. The pandemic and the oil price war caused a massive sell-off in equity and crude oil markets this…

Recession-proof businesses that survive and thrive

Cuts in staff are often followed by a reduction in service, followed by a loss of more customers. It's a losing cycle

Recession-proof businesses that survive and thriveIn 1988, I approached successful land developer Louis Matte to see if he would be interested in investing in a medical supply business. He told me he wanted to start a religious book store, but we could combine them and he would invest if there was an opportunity to add a business that was recession…

Chile is no longer a beacon of stability

Its downfall as Latin America’s freest economy will be next if socialist activists have their way and rewrite the constitution

Chile is no longer a beacon of stabilityBy Paz Gómez Research associate Frontier Centre for Public Policy When Hong Kong pro-democracy protests stalled a U..S-China deal last year, they showed how sensitive trade is to domestic political unrest. Few observers noticed, however, that Chilean demonstrations forced the cancellation of the Asia-Pacific Economic Co-operation summit. U.S. President Donald Trump and Chinese Communist Party…

The sky is always falling in Mark Carney’s world

Why should we believe a man who showed disdain for Brexit and who incorporates his wife's political agenda into his work as a leading global economist?

The sky is always falling in Mark Carney’s worldDepending on the part of the world you’re in, the mention of economist Mark Carney can elicit different responses. In Canada, Carney is widely credited with steering the country through the rocky waters of the 2008 financial crisis. But in the United Kingdom, he’s often labelled a political activist disguised as an economist. Carney served…

Economic stagnation plagues Canada despite G7 rank

The notion that leading the G7 is evidence of strong economic performance or rapid growth in living standards is not simply off base, it’s dangerous

Economic stagnation plagues Canada despite G7 rankBy Ben Eisen and Finn Poschmann The Fraser Institute Recent forecasts suggest Canada may compete with the United States for the top spot in the G7 in 2020 for economic growth. Those forecasts include one from the International Monetary Fund. Political partisans have since flooded social media with the impressive-sounding factoid that Canada may lead…

Coronavirus exposes China’s failure as a socio-economic player

With more economic clout comes more responsibility. And China is failing

Coronavirus exposes China’s failure as a socio-economic playerWhen SARS hit in 2003, China was nowhere near the economic powerhouse it is today. Now, if something happens to China, the entire world is affected and the food sector is not immune. The coronavirus outbreak is proving that. Even though the outbreak is starting to slow, the economic damage will easily surpass that of…

Fight climate extremists before they upend society

Start learning the deep details of the science and economics instead of letting extremists dictate what you’re allowed to think or say

Fight climate extremists before they upend societyLast year was the year the climate issue took a sharp turn towards extremism. Let’s hope 2020 is the year sanity makes a comeback. There have long been three groups occupying the climate issue. To avoid pejoratives, I will call them A, B and C. The A group are the doubters. They don’t believe greenhouse…

Persian Gulf region badly needs economic liberalization

When opportunities to engage in economic activity are open to all, not just the privileged classes, prosperity and opportunity abound

Persian Gulf region badly needs economic liberalizationBy Miguel Cervantes and Tanja Porčnik The Fraser Institute While tensions in the Middle East rise daily, there’s still hope for the region to liberalize and grow more prosperous. Economic liberalism in the Persian Gulf region would help unleash the effort and creativity of the whole population – not just a few at the top.…