Conserving energy, acting responsibly and cultivating technological advances are positive, whether global warming is as dangerous as the alarmists claim or not. But implementing ideas conjured up in environmentalists’ imaginations could bring massive economic consequences.
Worth A Look
A Dwindling Herd
For decades, the Moose and other fraternal organizations have provided a social safety net for those not covered by government programs, assisting sick children, the disabled, the disadvantaged and the abused. With the economy unsettled and governments facing deficits, the role they play is crucial, says Lindsay Blackett, Alberta’s Minister of Culture and Community Spirit.
Manitobans’ Tax Burden Too Much For Tories
Manitoba’s Progressive Conservatives used the backdrop of a candy store and a small bag of gum balls Friday to showcase how little the Doer government is doing to lower the personal tax burden on Manitobans. Stefanson said as workers received their first paycheque of the new year the NDP’s tax cut is $1. “This is what it amounts to — a handful of gum balls,” she said. “Unbelievable.”
Practical Reasons Why Stimulus Spending Doesn’t Work
Tax cuts are a much preferable way to stimulate economic growth. Allowing companies to keep more of their revenue is an incentive to create more wealth and thus promote economic growth. Allowing individuals to spend more of their own money as they see fit helps the market more accurately understand demand signals then when the government just spends trying create demand out of nothing.
Featured News
Copper is Signaling Expansion and Rising Inflation; Gold and Silver are Confirming Those Trends
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...
Climate Pandering is Self-Defeating for Canadian Banks
Canada’s national policy to achieve net-zero emissions by 2050 necessitates divesting from fossil fuels. There is just one problem: massive outstanding loans from banks to the oil and gas industries. The oil and gas sector makes up more than 10 per cent of the...
The New Feudalism: The Future of Cities
New Feudalism is living up to its name. It is undemocratic, arbitrary and unfair to average families. It is socially divisive and it relies on unscientific folk tales for its support.
Stealth Plan To ‘Privatise’ NHS Care
THE world’s biggest private health companies are being invited to bid for the chance to spend substantial chunks of the £80 billion NHS budget.
SOE Policy – Dumb and Now Dumber
Taxpayers have no way of knowing whether their investments in SOEs are yielding competitive returns. In Australia the Productivity Commission reports annually on the financial performance of government trading enterprises (and it regularly finds that many do not meet their cost of capital).
Ask Not What Ottawa Can Do for You
Canadians have been taught to think in terms of national entitlements — about “getting.” But entitlements do not build countries. They create insatiable expectations and demands, and then they disappoint.
The Kids Are Not Alright
The latest figures from Eurostat (the EU’s official statistics agency) on youth unemployment are depressing for Europeans. On average, in the EU in 2005, unemployment for people under the age of 25 was 17 percent. In the US, by comparison, it was 10 percent. In Japan, it was 4 percent.
The Equitable Solution for Equalization is to Get Rid of It
Fiscal Equalization is the way Ottawa “tops up” the provincial tax revenues of weaker provinces. But everyone pays.
Harper Plans to Get Workers Going Where Jobs Are
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City Doesn’t Know What It Owns
FROM pools to police stations, the city's 1,100 buildings are haphazardly managed and likely costing taxpayers more than they should, according to a new report by the city auditor. There are so many overlapping departments trying to manage facilities, the city isn't...
The Premiers Have Missed the Point on Equalization
The best outcome the federally appointed panel on equalization could have hoped for would have been unanimous support from all provinces. The second best outcome would have been unanimous denunciation from all provinces. As it turned out, the panel nearly achieved...