Elliot Hughes: Build back better? Why not build better banking
Finance Minister Chrystia Freeland refrained from action in the banking sector despite the need for reform in a critical area of the economy that has too often been slow to change.
Finance Minister Chrystia Freeland refrained from action in the banking sector despite the need for reform in a critical area of the economy that has too often been slow to change.
These regulatory measures are based on economic assumptions that do not hold water, and they will only end up hurting Canadian consumers.
The technocratic understanding of quality assumes child care can be given a rubric of indicators of quality from civil servants that will stand in for a genuine marker of the love and care that a child receives or not. The qualitative insight from a lot of these standards are very hard to find.
The bad news for the government is that most of the people who have heard of the bill disapprove of it. The good news, then, is that barely anyone is aware of the controversial bill now winding through Parliament.
Even in the pre-COVID world, our health-care system struggled to address routine demand for patient care, despite ranking among the top spenders worldwide.
Given Bill 10’s hasty evolution and hazy details, the government is seriously risking its credibility and ability to regulate online platforms in a way that is satisfying for consumers. What problem is the government trying to solve here?
Excluding the internet from regulation was an inspired decision. It has contributed to a burst of creativity, innovation, and new opportunities for Canadian creators and producers by massively expanding their market reach to a global audience.
Strict data privacy laws and prohibitions against sharing data across platforms would undermine an industry to which we are all just digital cows, our likes and dislikes, our appetites and perversions, milked by server farms for profit.
Polling suggests the public will give governments the benefit of the doubt for once-in-a-century pandemics, making them non-political events. Until it becomes clear that your country is not keeping up.
The ability to get big things done is not simply the result of effective technocrats being given the space to execute like experts. It requires the clarity of vision that comes from bold, risk-taking leadership.
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