Canada exports huge quantities of water to the United States and all over the world. As the world’s fifth largest exporter of agricultural products – which are composed mainly of water – huge amounts of Canadian water leave the country every day. Whole lakes are...
Economy
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...
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...
Why Child-Care Subsidies Will Not Stimulate the Economy
The federal government has spotted another pretext to increase its scope: subsidized child care. Despite knowing economic lockdowns have caused massive job losses, Ottawa officials argue that unaffordable child care impedes women from returning to the workforce....
Featured News
Merry Christmas and Happy New Year!
Merry Christmas and Happy New Year from the Frontier Centre for Public Policy!
COVID-19 Emergency Powers Nearly Limitless
The war against the invisible enemy of COVID-19 has unfortunately made normal rights and freedoms invisible as well. Another example manifested on September 13 when Saskatchewan’s premier renewed emergency orders for his province. The list of powers he claimed were so...
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 already made people financially...
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 since this...
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 52 percent to 46, Americans supported more...
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...
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...
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!” speech. Today, neither of...
Scrooge or Santa? Central Banks Should Be Neither
As the financial markets around the world erupt and gyrate, dampening the usual festive and hospitable spirit that commonly obtains at this time of year, there have been a number of reasons given. There are some notable geopolitical risks, in the Middle East,...
Pay Equity does not Work Based on Equal Value
From conception to implementation, pay equity is a sham. It is obscured in double speak, packaged in seemingly laudable goals, and promises great results. However, it cannot deliver them because it is based on false premises. Any good that comes of it is far...
New Trans-Pacific Trade Agreement is Potentially Bigger, Better Than It First Seems
The reworked Trans-Pacific Partnership trade agreement between Canada and ten other nations, now called the Comprehensive and Progressive Trans-Pacific Partnership, is due to kick in at the end of this year. Even the boosterish federal government that heartily...