Ottawa has a spending problem, with a worrisome deficit and a debt service problem. Canada’s federal debt is about $1.2 trillion - roughly $30,000 per person, over $60,000 per household. Even worse, the debt is growing, with the current Liberal regime forecasting a...
Economy
A Call for Fiscal Sanity
After more than two weeks of shutting down virtually all federal government services, 120,000 of the picketing workers returned to work just recently. The Public Service Alliance of Canada (PSAC) walkout had been brewing since last fall, when PSAC president Chris...
Leaders on the Frontier: Sir Roger Douglas
What can Canada learn from New Zealand?
Money Talks: Roger Douglas on Losing Faith in All the Parties – Including Act
Roger Douglas, former Labour Finance Minister and co-founder of the Act Party, is plainly unimpressed with modern politics. “Look at the last 20 years, you tell me anyone, any Government that’s done anything,” he says. Douglas, now 86, probably has more right than...
Featured News
Canadians on the Move, to Smaller Communities
The Canadian Dream is increasingly being realized in smaller areas For decades, Canadians moved to the larger cities (census metropolitan areas, or CMAs) with their economic opportunities. The latest estimates indicate that CMAs have 72 per cent of the nation’s...
Leadership Needed in Canadian Healthcare; Apply Within
When the Premiers were first called to a sit-down lunch to talk about healthcare with Prime Minister Trudeau, there was plenty of talk about the potential for systemic change, innovation and accountability. It seemed that Canadians and their leaders were finally on...
How the Prairie Provinces Can Benefit from an Improved Trans-Pacific Partnership
The Trans-Pacific Partnership was one of the world’s most ambitious trade deals. The agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States was signed on February 4, 2016. Its goal was...
Why Millennials Prefer DIY Investing
One-third of Canadian millennials prefer going solo when it comes to managing and investing their money. Online financial education and tools are changing the rules of the game and threatening to affect financial advisors how emails affected mailmen. A recent poll...
Foreign Influence in Canadian Economy?
Foreign influence or interference has become a mediatic topic. The fear and suspicion of interference in the elections and democratic process have been in news headlines. For the western countries, the suspicion bears on Russia and China. Revisionist powers have a...
How ESG Standards Favor Toxic Petrostates
Coercion and vandalism have become commonplace tactics to force insurers off mining and oil development projects throughout the world. Ironically, that clears the way for companies with deep pockets and petrostates whose goal is geopolitical supremacy, not...
Free Trade among the Prairie Provinces: A Boost for Their Economies
Trade barriers among provinces in Canada are a problem. Canada has signed trade agreements with foreign countries like the U.S. and regions like the European Union. Yet, trade barriers still exist in Canada even though countries like Germany or Belgium don’t have...
Beijing’s Minions Don’t Belong on Canadian Stock Exchanges
The Chinese economy is growing and surpassing the U.S. economy in size. That stature, with its consequent soft and hard power, means opposition to the Communist Party of China (CPC) regime needs to be multilateral. No matter how much unipolarity the U.S. has enjoyed...
Manitoba Trade with the U.S.: The Need to Strengthen Relations with the Midwest
Trade is essential for Manitoba’s economy. International exports and imports represented 46.4 per cent of GDP for Manitoba in 2018. With a significant goods-related industry estimated at 26.9 per cent of GDP in 2019, Manitoba needs to have strong trading partners to...
Let a Thousand Capital Markets Bloom
Alarm bells ought to be ringing in Canada. Business, industrial and foreign direct investment have performed pitifully over the past decade, with no reason to believe there will be a turnaround any time soon. As noted by Steven Globerman of Western Washington...
International Corporate Tax-Rate Fixing Will Bind Canada, Limit Choices and Harm Growth
The finance ministers of over 130 nations and territories have arrived at a tentative agreement that will create a tax floor—a minimum corporate tax rate of a proposed 15 per cent. Its proponents, including Ottawa, sadly, claim it will create a “level playing field”...