The federal Liberal government’s proposed budget includes an innovative plan to improve housing affordability through “shared equity” mortgages. First-time homebuyers could qualify for a 10-per-cent “shared equity” mortgage on Canadian Mortgage and Housing Corp.-insured financing for new houses and five …
Whiteout
Irving Berlin’s Christmas song “White Christmas” is a classic – Bing Crosby’s version remains the best-selling single of all time. And yet, if the logic of a special interest group in Winnipeg is to prevail, the name of the song …
China, Other Autocracies, are Dubious Counterparties in Trade, Other Interaction
In what seems to be a never-ending, always-escalating war against Canada to make Ottawa return The Most Valuable Woman In The World, Meng Wanzhou, CFO and heiress to the mammoth and Sino-idolized Huawei Corporation, Beijing has made yet another dubious …
The Unintended Consequences of Canada’s Equalization Program: How Canada’s equalization program has some provinces more equal than others
The stated objective of Canada’s equalization program is to ensure provincial governments in less-prosperous regions of the country are able to deliver high-quality public services to residents. This is a worthwhile, even noble objective. That the program is motivated by …
A Valuation of Prince Edward Island Energy
Prince Edward Island Energy, or PEI Energy, is a Crown-owned electric merchant power provider (but not a utility) for Canada’s smallest province by area or population. As it is spending heavily on expanding its generation capacity, it has negative free …
British Columbia First Nation Chiefs’ Wage Disparity
In the age of transparency, fairness, and equity this infographic demonstrates how spectacularly different the British Columbia Chiefs’ total compensation per registered member across 74 reserves in British Columbia. The highest paid per capita Chief of Kwikwetlem First Nation makes …
Central Bankers Need to Learn to Code
Central bankers increasingly sense their obsolescence, and rightly so. The more people turn to private currencies and conduct transactions without intermediaries, the less bureaucrats control the economy. In February 2019, a 33-page Bank of Canada “Crypto Money” discussion paper unwittingly …