For decades, politicians, pundits, and activists have clamoured about a “gender pay gap” and have cited statistics purporting to show that the economy is unfair to women, who get paid only around 70 to 80 cents for every dollar earned …
Why Canadians Are Suffering a Bankruptcy Spike
What can’t happen won’t happen. If incomes are stagnant while taxes, prices, and interest rates rise, people will fail to pay their debts—as is the case for 120,000 Canadians every year. The long-term build up of urban house prices had …
What the Ontario Government Should Cut to Balance the Budget
The Ontario government’s budget deficit of $15 billion this year will rise even higher next year unless swift corrective action is taken. With the province’s net debt already at $325 billion, eliminating the deficit should be a priority – especially …
Economists vs the Public on Minimum Wages
Raising the minimum wage is a popular policy among voters. Recent polls from Ontario found strong support for the province’s minimum wage hike, and in the United States, a Pew Research poll in 2016 showed that by a margin of …
Is the Innovations Supercluster Initiative Going to be a Disaster?
The federal government has decided to throw $950 million dollars into “strengthening Canada’s most promising clusters and accelerating economic growth in highly innovative industries…while positioning Canadian firms for global leadership.” What this means is that the feds will handpick five …
Crypto Innovation on the Chopping Block
After the United States and the United Kingdom, Canada has the highest number of blockchain-related projects—thanks to a relatively hands-off approach. Paranoid authorities, however, are set to suffocate innovation with poorly targeted regulations. On November 8, the House of Commons …
Same Racket, Sans Jacket
“Canadians do not need to be liberated,” said Canadian Prime Minister Lester B. Pearson half a century ago. On July 24, 1967, French president Charles De Gaulle lit the fuse for Quebec independence with his famous “Vive la Quebec libre!” …