B.C. falling short of its considerable mining potential

B.C. miners face more onerous permitting process compared to other provinces. Adding another layer will only make it worse

B.C. falling short of its considerable mining potentialBy Ashley Stedman and Elmira Aliakbari The Fraser Institute To encourage natural resource development and the prosperity that comes with it, mining investors need more certainty about exploration activities – not less. It's an issue that deserves immediate attention in B.C. According to a recent Fraser Institute survey of senior mining executives, British Columbia’s regulatory…

Ontario needs to get cracking to clean up its finances

A variety of factors - from uncertain economic conditions to higher public spending - threaten to push Ontario further into debt

Ontario needs to get cracking to clean up its financesAs Ontario’s new government takes charge, attention has focused on the moves made on education and the management of Hydro One. However, the most important task remains: dealing with the province’s public finances. The government of Premier Doug Ford took a first step by tapping former B.C. premier Gordon Campbell to lead an inquiry into…

Protectionism on the rise as NAFTA talks stall

Against the backdrop of an increasingly fraught political relationship between the U.S. and Mexico, what should Canada do?

Protectionism on the rise as NAFTA talks stallThe contentious (and sometimes very public) North American Free Trade Agreement negotiations between the U.S., Canada and Mexico likely got more complicated with the recent election of a new president of Mexico. While Andres Manuel Lopez Obrador (known as AMLO) says he wants a successful outcome to the NAFTA talks, he’s an outspoken critic of…

Canada can eliminate supply management by following Australia’s lead

The opening of the dairy market was done systematically over eight years to allow time for farmers to transition

Canada can eliminate supply management by following Australia’s leadBy Jon Berry, Alan Oxley and Dan LeRoy The Fraser Institute As trade tensions between Canada and the United States over North American Free Trade Agreement (NAFTA) renegotiations continue, and U.S. President Donald Trump places Canada’s protection of various sectors of its agricultural industry front and centre, Canadian policy-makers would be well advised to learn lessons…

Ontario can spur entrepreneurship by cutting personal income taxes

To stop the decline in entrepreneurship in the province, Ontario must refrain from further increases in the province’s top income tax rate

Ontario can spur entrepreneurship by cutting personal income taxesBy Ergete Ferede and Charles Lammam The Fraser Institute Entrepreneurship remains a vital source of innovation, which helps grow economies and provide employment opportunities for Ontarians. Unfortunately, several recent studies have found fewer businesses are being started in Ontario (and Canada as a whole), pointing a long-term decline in rates of entrepreneurship. This down­ward trend…

B.C. can spur entrepreneurship by cutting personal income taxes

The downward trend in entrepreneurship could have negative and widespread effects on B.C.’s economic well-being

B.C. can spur entrepreneurship by cutting personal income taxesBy Ergete Ferede and Charles Lammam The Fraser Institute Entrepreneurship remains a vital source of innovation, which helps grow economies and provide employment opportunities for British Columbians. Unfortunately, several recent studies have found fewer businesses are being started in B.C. (and Canada as a whole), pointing a long-term decline in rates of entrepreneurship. This down­ward…

Why we shouldn’t worry about wealth inequality in Canada

Age and accumulated wealth account for much of the discrepancy. And that's just normal life-cycle economics

Why we shouldn’t worry about wealth inequality in CanadaMuch ado about nothing. The title of the Shakespearean comedy comes to mind when I think about the attention devoted to wealth inequality in recent years. The left's (and much of the major media's) preoccupation with economic inequality is fundamentally misplaced and has diverted attention away from the real problems we face. For example, take…

Getting out from under Ontario’s high electricity rates

Premier Doug Ford's new government should cancel existing renewable energy contracts, not just future deals

Getting out from under Ontario’s high electricity ratesBy Elmira Aliakbari and Ashley Stedman The Fraser Institute If its recent throne speech is any indication, Ontario’s new government wants to reverse past mistakes and reduce electricity prices for Ontarians by cancelling 758 expensive green energy contracts with renewable generators for sources such as wind and solar. According to the government’s press release, this…

Education reform must be on the table in Ontario

The delivery and financing of education could produce better results for students and their families while saving money

Education reform must be on the table in OntarioBy Jason Clemens and Sazid Hasan Fraser Institute As the new Ontario government begins to fully grasp the enormity of the task it faces to return the province to prosperity, education reform must be front and centre. The need to balance the budget while introducing tax relief to make the province more competitive and attractive…

Canada must maximize its oil profit potential

Enbridge pipeline approval is good news but Canadian oil remains largely confined to U.S. market. We need a broader marketplace

Canada must maximize its oil profit potentialBy Elmira Aliakbari and Ashley Stedman The Fraser Institute Regulators in Minnesota recently approved Enbridge’s $9-billion Line 3 replacement pipeline project. The project will add much-needed export capacity for Canadian oil producers in Alberta who continue to face costly transportation constraints. When it comes on stream in late 2019 or early 2020, the project will…

B.C. democratic reform neither simple nor straightforward

Referendum may grant more power to B.C. politicians and bureaucrats, at democracy’s expense

B.C. democratic reform neither simple nor straightforwardThis fall, British Columbians will vote on what system they prefer for provincial elections. But far too much uncertainty surrounds all the potential choices. The mail-in referendum ballot will give voters two choices: B.C.’s current first-past-the-post system or proportional representation. A secondary question will ask: If adopted, what type of proportional representation system would you…

Here’s the carbon tax bill for the average Canadian

The government should admit that its carbon tax will significantly burden families for a climate benefit too small to measure

Here’s the carbon tax bill for the average CanadianIt took some poking and prodding and committee testimony, but now we know what the bill will be for a $50-per-tonne federal carbon tax. In a report to the Senate Standing Committee on Energy, the Environment and Natural Resources, University of Calgary assistant economics professor Jennifer Winter revealed the bottom line. Using energy consumption data…

Academic results another reason to support school choice

In British Columbia, independent schools outperform public schools in academic achievement

Academic results another reason to support school choiceFor some students, the end of the school year means saying goodbye to one school and hello to another, so it’s an opportune moment for parents to reflect on school choice. In British Columbia, independent schools – operating outside the public system – provide the bulk of educational choice. There are many benefits to the…

B.C. must rein in public sector wages and benefits

Bringing government employee wages and benefits in line with private-sector norms is key to balancing B.C.’s budget

B.C. must rein in public sector wages and benefitsBy Charles Lammam, Hugh MacIntyre and Milagros Palacios The Fraser Institute During last year’s election campaign and in his first full budget as premier, John Horgan promised to balance British Columbia’s operating budget. If his NDP government remains committed to this promise, the coming negotiations on compensation with 183 public-sector unions will be critically important. After…

Alberta can’t blame the equalization system for its economic mess

Undisciplined spending by successive governments is responsible for Alberta’s fiscal problems

Alberta can’t blame the equalization system for its economic messBy Ben Eisen and Steve Lafleur The Fraser Institute In William Shakespeare’s Julius Caesar, one of the conspirators encourages his ally not to blame fate for his misfortunes, but rather to recognize his own responsibility. “The fault, dear Brutus, is not in our stars, but in ourselves,” says Cassius. When it comes to the state…