The tourist-oriented city of Kelowna, British Columbia, has self-destructively voted to prohibit any new short-term rentals in residences. Even the provincial government is not as draconian, giving dispensation to resort and tourist destinations. Nationally, the...
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What 100 Million “Unbanked” Nigerians Can Teach Canadians about Central Bank Digital Currency
Despite credit cards, e-transfers and online banking having already made money go pretty much digital, the Bank of Canada is busily working on a much bigger transformation. Canada is one of about 100 countries that – in uncanny synchronicity – several years ago joined...
What NB’s Premier Is Saying With His Motion On Land Claims
New Brunswick Premier Blaine Higgs is essentially saying “We don’t trust you” in the motion he introduced to protect New Brunswick property owners from a massive indigenous land claim. He is saying it to the indigenous politicians who are bringing the claim, to the...
International Fight over Enbridge’s Line 5 to Sarnia Points to Regulatory Dysfunction in U.S., Canada
Michigan’s governor has launched the latest political hit job on a Canadian or international pipeline. Gretchen Whitmer is targeting Enbridge’s Line 5, which runs from Alberta through the Great Lakes region to refineries and chemical plants in Sarnia, Ontario. The...
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Canadian Property Rights Index 2023
A Snapshot of Property Rights Protection in Canada After 10 years
Alberta Politics and Empty Promises of Health-care Solutions
The writ has been dropped and Albertans are off to the polls on May 29. That leaves just four weeks for political leaders and voters to sort out what is arguably the most divisive, yet significant, issue for this election - health care. On Day 2, NDP leader Rachel...
The FinTech Road to Economic Recovery: SMEs, Unbanked Need Swift, Low-Cost Access to Support
The Liberal Party government has blocked FinTech companies from distributing aid to businesses affected by the pandemic. In the age of cryptocurrencies and Robinhood, Ottawa clings to banks and relics such as cheques by mail. PayPal, Wave, and the Canadian Lenders...
Suppress Airbnb, Expect a Black Market
Buenos Aires Uber drivers ask passengers to ride upfront to avoid vigilante attacks - an Argentine judge has ruled Uber illegal and the country’s banks have cut off Uber’s access. The city’s taxi cartel has shut down roads and brought violence and arson upon Uber...
New Brunswick Taxpayers on the Hook for Huge NB Power Debt
NB Power’s debt is a problem for the province of New Brunswick and its taxpayers. As it stands, NB Power’s capital structure is over 90 percent funded by debt. This is a problem for the corporation’s ability to invest and adapt for the future. Unfortunately, it is...
Without Debt There Would Be Little Capital At All: A Valuation of NB Power
Nearly every province in Canada has its dubiously cherished government-owned power utility. Rarely in this country has there been one as hobbled by debt as NB Power, ‘NBP’. The fundamental business is relatively sound and appears to be resilient. However, its capital...
Canada Needs a Diefenbaker
In recent years, we have seen the children of former strong Canadian leaders enter politics. They don’t have to start at the bottom because of the reputations their fathers forged through the hot steel of heady Canadian issues, such as separatism and free trade. They...
Taking the Air out of Airbnb
In Canada, Airbnb is getting...well...deflated. The ironic reason is that it has become too popular. Airbnb is an online service for “Air bed and breakfast.” It's for guests who want a cheap place to stay the night, even if it's on an air mattress. Since its 2008...
The Greenbelt: Toronto’s Housing Affordability “Killer App”
Talk continues of the potential for a housing bust in Toronto. Through the end of March, house prices had had increased 33 percent in a year. Bank of Canada Governor Steven Poloz noted that "There’s no fundamental story that we could tell to justify that kind of...
Fining A Mother For Sending An “Unbalanced” Lunch Shows The Need For Common Sense
A rural Manitoba woman was recently fined $10 for sending her two kids to daycare with a lunch that was deemed nutritionally unbalanced according to Canada’s Food Guide. The meal included roast beef, potatoes, carrots, an orange and milk. To comply with provincial...
Fine for packing “unbalanced” daycare lunch demonstrates shortcomings of Canada’s Food Guide
A Manitoba mother received a $10 fine from a daycare centre for sending her kids with a meal that was deemed nutritionally unbalanced. The story caught the attention of international audiences, since the meal was, by most accounts, nutritionally balanced. The Ritz...