Canada should hedge its bets and more aggressively pursue trading arrangements with others. Instead of continuing to resist opening our highly protected and low-productivity sectors—like dairy—we should embrace as many markets as possible.
Rather than trying to prevent or delay business failures, policymakers should focus on fostering new business creation. This shouldn’t be done artificially through subsidies, but rather by removing barriers that hinder startups in the first place.
Saskatchewan’s most recent admission that public funds may be used to cover the cost of the carbon tax for consumers provides an example to other provinces for how to follow suit. Despite the fiscal costs and administrative and logistical challenges, it can be done.
Climate policy isn’t cheap, so it’s natural to want others to pay for it. Excess burdens on Alberta’s oil and gas sector are far away, as the thinking may go, and can therefore be safely ignored. This is wrong.
The federal government plans to spend nearly 24 percent less per person over the next six years. The trouble is, restraining direct federal expenses doesn’t get you very far to balancing the budget. Trimming benefits to high-income seniors, however, would.
Federal debt that grows faster than the economy is not sustainable. If next week’s fiscal update shows that, then alarm bells should ring. The longer we delay, the larger and more difficult our fiscal challenges will become.
Whatever you think of the carbon tax as a policy, it’s days may be numbered. The same government that introduced it delivered the potentially fatal blow.
There is a stark difference between older households, who saw their disposable incomes rise sharply, and younger ones, who have seen their disposable incomes drop.
Rather than providing a wide range of possible considerations, Alberta’s pension plan campaign offers only a single piece of analysis that significantly overstates the potential benefits of a separate provincial plan.
It’s hard to see the government’s food price plan as anything but a cynical move to mislead Canadians, cast blame on a politically unpopular group, and eventually claim credit for improvements that are beyond their control.