If Canadian policymakers want to emulate some of Singapore’s economic success and increase living standards, they should strengthen the fundamental linkage between investment risk-taking and the rewards for assuming investment risk.
We must be careful not to throw the baby out with the bathwater. Neoliberalism should be reformed rather than replaced. We need it now as much as ever.
This week at Hub Forum, readers discussed the potential consequences of a second Trump term, Supreme Court Justice Malcolm Rowe’s comments on judicial overreach, whether journalism schools are failing a generation of students, Canada’s big bet on the U.S. as a trade partner, and Canada’s housing crisis.
Battered and bruised from four years of turmoil, the hospitality industry, like its cousin the wine business, survives in no small part because of its commitment to education and hands-on instruction.
We have created an incredibly unfair situation in Canada where people with poor parents have to compete with people with wealthy parents. It’s completely unjust that some would-be homebuyers are out of luck simply because their parents didn’t or couldn’t afford to invest in real estate.
The time has come for the notwithstanding clause to be used routinely. The Charter gives considerable power to judges, but the courts should be a sober second thought, not the final word.
It’s widely accepted that truth is generally preferable to lies. In the past, we could expect news outlets to objectively report the facts, but recent events would suggest either a lack of journalistic integrity or—more concerningly—ideological capture in our mainstream media institutions.
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.
There’s something conceptually incompatible with the egalitarian promise of Canadian society for the “haves” to be able to own homes and have children and the “have nots” to have neither. These basic milestones shouldn’t be treated as luxury goods.
From all angles, Canadians are being told that Canada and its founding ideals of liberal democracy are not worthwhile. The sense of civic responsibility among Canadians and Albertans needs to be revived.