The price of copper has long been a bellwether for economic conditions. The price is strongly correlated to economic activity, industrial production and economic growth in general. It is also highly correlated with the Canadian dollar and economy. The red metal’s...
Year: 2021
Time to End Section 35?
Canada achieved it’s now-waning state of greatness through the application in its governance of over a century of classic liberal social, economic and political principles. Liberalism, (not to be confused with the illiberal dogmatism practised by the Liberal Party of...
Portland Police Service – Rapid Response Team: A Case for Service, Support, and Accountability
Recently, a grand jury indicted Corey Budworth, a member of the Portland Police Rapid Response Team (RRT), on one count of fourth-degree assault. The indictment stems from an incident on August 18, 2020, when the officer used his baton to push a woman to the ground...
Interest Rates and Expensive Credit in Ecuador?
"Those that fail to learn from history are doomed to repeat it.” - Winston Churchill Background On January 9, 2000, then-President Jamil Mahuad announced the official adoption of the monetary system of dollarization, having unleashed a spontaneous process. In January...
Featured News
Energy Inquiry Shows the Problem and the Way
If a public inquiry found that hundreds of millions of dollars was being funnelled by foreign entities to undermine Canadian industry, should we conclude there is nothing wrong? Remarkably, the public inquiry’s final report into anti-Alberta energy campaigns did the...
Why Millennials Prefer DIY Investing
One-third of Canadian millennials prefer going solo when it comes to managing and investing their money. Online financial education and tools are changing the rules of the game and threatening to affect financial advisors how emails affected mailmen. A recent poll...
How ESG Inflates Egos, Deflates Growth
The stakeholder-shareholder debate in finance has narrowed down to a false dichotomy between good capitalism and bad capitalism. The former means funding green energy to fight global warming, while the latter means investing in fossil fuels, tobacco, or other “sin...
Students Should Learn about World Religions
“Amen and awoman.” This was how a U.S. congressman concluded a prayer recently in the House of Representatives. No doubt he meant to be inclusive of both men and women. However, he sounded ridiculous. That’s because the word “amen” comes from Hebrew and means “so...
Questioning Pension Fund Changes
For a public sector workforce expecting to retire with a good pension, the “health” of their defined contribution pension plans are dependent on both the market and the actions of the provincial government. Recently, Pallister’s government seems to be stalling on...
Biden Bonanza Awaits Manitoba
Manitoba must do a much better job promoting mining activity in the province. The post-pandemic economic recovery will depend on it. More broadly, the eventual shift from gasoline to electric-powered cars across the world will generate huge demand for minerals...
The Canadian Prairies are Cooling
A recent study of sunspot activity for the period 1985-2019 shows there has been a loss of close to 70 Growing Degree Days (GDDs) (a measure of solar heat units required to bring a plant to maturation) in the months of June through August linked to diminishing solar...
Climate Realpolitik
The Biden administration’s quick cancellation of the Keystone XL pipeline’s permit came as no surprise. It was a marker for his party’s climate progressives who fervently believe that conventional hydrocarbons are warming the planet, bringing on a “climate emergency”...
Environment Canada Exaggerates Warming Scare
Recent analysis by Professor Roy Spencer, meteorologist and principal research scientist at the University of Alabama in Huntsville, shows that Canada's climate is warming at half the rate projected by Environment Canada's Climate Models. He suggests that Canadian...
Thunder Bay: A Case for Denunciation and Deterrence
The Thunder Bay Police Services Board (TBPSB) was disbanded in 2018 after an investigation by Senator Murray Sinclair found the board had failed to deal with the “clear and indisputable pattern” of violence and systemic racism against First Nations people in the...
An Elder Speaks: “Deprive The System Of Its Money And You Empower The Ordinary" “The reason for bringing in this radical change is the imutability of the system and its ability to resist any change over the years and the necessity of doing what they’re now proposing...