In Canada, the British Columbia government in order to increase “food security” is handing out $200,000,000 to farmers in the province. Food insecurity, which means crazy high food prices, comes to us courtesy of the sequestration of the vast amounts of oil and gas...
There’s a reason Justin Trudeau no longer says, “The budget will balance itself.” It won’t. He made the famous comment in 2013 immediately following a Conservative budget. The full quote is, “The commitment needs to be a commitment to grow the economy and the budget...
Recent anguish over raising the United States Congress’s wholly arbitrary debt ceiling by summertime, to avoid forced budget cutting, obscures a number of issues. In all likelihood, the debt ceiling will be raised and the military, pensioners and other core U.S....
The Frontier Centre reposts two recent podcasts by Marty Gold, Winnipeg’s most prominent community journalist dissecting the flawed "mainstream media" reporting of the Centre’s most recent Lunch on the Frontier event in Winnipeg on January 13th 2023. Marty Gold’s...
“Ahead, Thar Be Dragons.” The world of 2023 is a scary place. One major war is raging, with others probably on the way. The Pax Americana that has given us freedom of the seas and allowed global trade to flourish might be breaking down. International piracy,...
Today, Canada’s natural gas sector is seeing its decade of darkness due to federal policy. And it’s not because the opportunity wasn’t there. It was because our government allowed its ideology, and that of its anti-oil and gas friends (also known as protestors) to...
Canadian and British regulators are on an entirely different wavelength to a significant portion of the cryptocurrency market and industry, implementing new regulations and casting doubt on the future of decentralized digital currencies. It comes at a time when China...
When I audited an economics class in the Rice University School of Business, the lecturer compared inflation to slow-growing cancer and deflation to a heart attack. The implication was that deflation, which is the declining prices, is fatal and worse than inflation....
The COVID-19 crisis led to significant travel restrictions in the world and in Canada. The country has totally or partially closed its national borders to tourists and non-essential travellers. Within Canada, travel between provinces has been restricted. Indeed, some...
In November 2018, Canada and Mercosur opened negotiations for a free trade agreement. The Mercosur, composed of Argentina, Brazil, Paraguay and Uruguay (Venezuela is a suspended member from 2016), represents a bloc representing a GDP of over $3 trillion and a...
The economic consequences of COVID-19 and the shutdown of the economy are difficult to evaluate. But some of them have begun to appear and risk hindering recovery. Inflation is one of these harmful consequences. In the USA, consumer prices jumped 4.2 per cent in the...
A year and a half into the COVID-19 pandemic, the only thing keeping Air Canada alive is the federal-government bailouts. They are delaying the inevitable and sensible way out: cutting travel restrictions, encouraging tourism by ensuring effective containment and...
It is not entirely clear whether the Canadian and the global economies are heading for a new inflationary era. It may turn out that inflation is not only elevated from recent negligible levels, but escalates, steadily at first, and then dramatically, as it did in the...
In 1994, the United States, Mexico and Canada created a free-trade region with the North American Free Trade Agreement (NAFTA). Considering the fact that the USA is the largest economy in the world (from 1994 to present), NAFTA was a true asset for the Canadian...
Recently, there has been an increasing clamour from some circles for imposing a wealth tax upon Canadians. The usual government-expanding social ‘democratic’ pressure and interest groups are especially enthused by the idea and also claim it is ‘popular’ among the...