On January 17, former Canadian prime minister Stephen Harper suggested bitcoin could become a reserve currency alongside the U.S. dollar. Now a business adviser with Harper & Associates Consulting, he nonetheless made a caveat: bitcoin still lacks a key money...
Economy
Entering the Age of Modern Monetary Theory and Universal Basic Income
Modern monetary theory (MMT) now plays a role in your life whether you know it or not. The theory argues that a nation can never truly run out of money, and advocates quantitative easing (QE) to solve a nation’s debt and unemployment problems. Historically,...
Modern Monetary Theory (MMT) Will Not Help the Economic Recovery
Public debt is not a problem; it is the big idea behind modern monetary theory (MMT). The current economic crisis has allowed MMT to gain influence among the political class. Among the people who developed President Joe Biden’s economic program is Stephanie Kelton....
Escalating Conflicts With Beijing Mean Accelerating Problems for Trade, Investment and Businesses
The vote by Canada’s Parliament to declare the actions of the Chinese Communist Party (CCP) in the region of Xinjiang a genocide against the local Uyghur people is the latest in a series of events that highlight the growing discordance between Western and allied...
Featured News
‘Side Issues’ Result in Much Higher Costs to Our Health and Social Systems
As we enter the year 2022, most Canadians will have lived their entire lives under the shibboleth that says we have the best health-care system in the world. Our beloved medicare is universal in scope, free of charge and offers equal access to all. What country could...
Touted Climate Emergency for Calgary is Deceitful and Undemocratic
Calgary has sworn in its first female mayor. A week earlier, less than 24 hours after winning the mayoral race, she gave her first post-election talk-radio interview to Ryan Jespersen, mostly involving a series of softball questions. He asked her the obligatory woke...
Currency Changes – Not Far Enough
Interesting commentary on the move to drop the penny from circulation. I tend to agree that the 5 cent coin should have been eliminated in this move. The new 1 cent coin should be the dime. Where I differ with the opinion is that I believe the quarter should be...
Animal Icons
This is a great illustration of a new animal icon for the federal NDP. I wonder what the comparable one would be for the Alberta PC party or the BC Liberal Party? In all seriousness, I do wish the new leader of the NDP well and hope that he can coral the socialists...
An Electoral Shift in Australia?
After introducing a carbon tax and a mining tax at the federal level, is it any wonder that in Queensland which is a resource driven state drove the Labour Party out of office? There comes a point where social democratic parties push too far and then the population...
The Kids are All Right
I refuse to part with my money for some silly marketing message.
OAS Reform – Bring on a Debate
I hope the Harper Government approaches the reform of OAS payments in a manner that looks at different options instead of a dictate from above. In particular, I believe that seniors in poor health should be able to tap into pensions sooner rather than later. If a...
Eliminating Monopolies Creates Jobs
Let’s repeat that model again and again
Robo Calls – Abuse of Privilege
One element of the robo-call subject that has not received much attention is why political parties should be exempted from the "do not call list" maintained by the CRTC. Personally, I object to that exemption and I believe that if I state I do not want tele-marketers...
Preserving History
It is time to send this ship home unless someone in Canada is going to preserve it.
Go West, Young Man or Woman
After all, the migration of young people is particularly driven by the labour market, said Serge Coulombe, an economics professor at the University of Ottawa. They also have less to lose and more to gain.