As Canada emerges from the pandemic, one thing is increasingly clear: only months after the government revealed its fiscal plans, pitched as fiscal stimulus, the macroeconomic case for higher spending is significantly weaker. Stimulus may no longer be needed.
El Salvador President Nayib Bukele announced that the country’s congress had just approved a law classifying Bitcoin as legal tender. Of course, the cynics rolled their eyes, and they’ll continue to do so.
If no substantive changes are made to Canada’s OAS and GIS programs, the chief actuary projects that total combined spending on the two programs will increase by 400 percent between 2020 and 2060.
Given the importance of this policy, and the tensions around it, Canadians should be aware of the program’s basic principle and what a vote to abandon it really means.
In the coming decades, Conservatives must apply the tried-and-true agenda of free markets, subsidiarity and comparative advantage to a new priority: strengthening Canadian families.
It will be crucial in a post-pandemic world to think of economic policy not exclusively through the lens of the individual, but also through the most important social and economic institution that we have: the family.
The growth of identity politics in mainstream discourse threatens to replace the cohesive power of commonality with a politics of resentment. This only deepens our divides, undercutting progress from a time when diversity wasn’t valued and otherness was a sure path to exclusion.
It could be argued that the political affiliation of professors is not important and that professors can remain impartial. But what if that’s not the case?
Canada’s post-secondary sector has so far managed a history of continued expansion, which is largely good news for Canada. However, that continued growth masked underlying issues with programming relevance and revenues.