Crown Corporations

Airplane Safety and Alcohol

Airplane Safety and Alcohol

Ever since Wilbur and Orville Wright proved that heavier than air machines could indeed fly, safety has been the first priority when it comes to air travel. Engines and chassis are inspected and re-inspected. It only makes sense that if some gizmo in your car engine...

The Bank With No Money: BDC

The Bank With No Money: BDC

The Business Development Bank of Canada (BDC) is increasingly unable to turn its reported profits into cash. While BDC is considered to be a venture capitalist corporation, this does not seem to be the reason for its illiquidity; other companies in the same line of...

Featured News

What Exactly Does ‘Climate Justice’ Mean?

It seems like everything is about justice these days. Recently, as I drove home from the store, I saw a sign for the elections here in New York from the local Democratic Party, promising “equity, equality, and justice for all.” Beyond the obvious concerns any sane...

We are Finding the 2800 Missing Children

The “secret graves” and “missing children” narrative had our national flag flying at half-mast for over five months after an obscure indigenous politician made the startling claim that she “knew” that 215 indigenous children had been secretly buried in the “apple...

Media Release – Massive Cost Overrun for Calgary’s West LRT Line a Reminder that Rail is Rarely as Cheap as Advertised

Calgary’s West LRT line opened today. The project cost more than double the initial $700 million estimate. While the cost escalation is greater than occurs on average for urban rail projects, the reality is that the average North American urban rail project costs over 40 percent more than estimated, and garners 60 per cent less ridership than projected. Voters should be sceptical of rosy forecasts for light rail projects.

Media Release – A New Model For Inter-City Busing Could Restore Services and Lower Prices: Liberalizing the market could ensure rural service while lowering the price of inter-urban travel.

Inter-city bus service is vital to rural Canada, yet has diminished throughout the country over the last few decades. The old model of cross-subsidizing unprofitable rural routes with profitable urban routes has broken down. The study recommends full liberalization of provincial inter-city bus markets, and the introduction of a least-cost subsidy system for unprofitable, socially desirable routes.

Inter-City Busing: A New Regulatory Framework for Canada

Inter-city bus ridership has decreased in Canada over the last several decades. However, the thriving curbside bus industry in the US and in Southern Ontario demonstrates that there is significant growth potential for a liberalized inter-city bus industry. While urban service would increase under liberalization, rural service would likely continue to decrease. To maintain rural ridership, provinces should create a system of least-cost subsidies to ensure that companies are willing to serve otherwise unprofitable, but socially desirable routes.