Get ready for a greener but poorer and slower economy

As the world’s fastest growing economies expand fossil fuels usage, carbon dioxide emissions, jobs and growth, Canada is going the opposite direction

Get ready for a greener but poorer and slower economyCanadians have generally accepted that carbon pricing is necessary to save the planet. But as taxes and consumer costs rise, promised green jobs fail to materialize and few others in the world seem serious about staying the course, it’s time for a rethink. Rising population and prosperity in the developing world will grow global demand…

Just who’s the bully when it comes to minimum wage hikes?

Government generally has little or no understanding of franchising, how food distribution forces play out or even simply how small businesses operate

Just who’s the bully when it comes to minimum wage hikes?Dramatically increasing minimum wages in the food industry is irresponsible and even reckless. On Jan. 1, Ontario’s minimum wage increased by 22 per cent, to $14 an hour. It will go to $15 on Jan. 1, 2019. That’s almost a 32 per cent increase in 12 months. Other provinces, such as Alberta and B.C., will follow…

Ontarians should brace for bigger – and costlier – government

Neither the Liberals nor the PCs recognize that it’s in the best interests of the province to reduce the size of government

Ontarians should brace for bigger – and costlier – governmentBy Niels Veldhuis and Jason Clemens The Fraser Institute With the recent release of the Progressive Conservative platform, People’s Guarantee, and the Liberal government’s 2017 Ontario Economic Outlook and Fiscal Review last month, Ontarians have a better sense of what will follow next year’s provincial election – the continuance of big government. The most important…

Ontario’s wrong-headed energy policy burns 75,000 jobs

The province’s manufacturing sector may find itself even less competitive soon due to developments in the United States

Ontario’s wrong-headed energy policy burns 75,000 jobsHow do you kill 75,000 jobs and turn your valuable location into a disadvantage? If you’re the Ontario government, you: start a transition to renewable energy driven by politicians without any cost-benefit analyses; when people with expertise in the energy and power sectors give advice on technical issues – for example, how much duplicate power…

Ontario electricity prices set to keep rising

The province pays extraordinary rates to solar, wind and biofuel generators. But the wind doesn't always blow and the sun doesn't always shine

Ontario electricity prices set to keep risingBy Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute The Ontario government’s rigorous pursuit of renewables has increased electricity costs far more than necessary. The government recently released an update to its long-term energy plan, projecting that the cost of electricity for homes and businesses will keep rising over the next 20…

Ontario must pull the plug on painful electricity-related policies

Ontario electricity rates for industry are among highest in North America, thanks to a series of bad government policy decisions

Ontario must pull the plug on painful electricity-related policiesBy Ross McKitrick and Elmira Aliakbari The Fraser Institute Ontario manufacturers are feeling the pinch from high electricity prices. But how high are the province’s industrial electricity rates relative to other jurisdictions? Ontario has the highest residential electricity costs of all Canadian provinces. Ontario electricity prices increased twice as fast as the national average over the past…

The short-circuit in Ontario’s manufacturing sector

The province’s high electricity prices – driven by wrong-headed policies – are responsible for a staggering 75,000 manufacturing job losses

The short-circuit in Ontario’s manufacturing sectorBy Ross McKitrick and Elmira Aliakbari The Fraser Institute Soaring electricity costs have devastated Ontario's manufacturing sector. In the 1990s and into the 2000s, Ontario was a low-electricity-cost jurisdiction. This competitive advantage helped attract business and foster economic growth in the province. But in recent years, due largely to the inefficiencies of the Green Energy Act (2009),…

Ontario, Alberta carbon tax schemes defy economic common sense

Carbon taxes should replace, not add to, existing environmental regulations and subsidies

Ontario, Alberta carbon tax schemes defy economic common senseIn an episode of the television program Seinfeld, the bungling George Costanza tells his friends that he’s concluded that every instinct he has is always wrong. So Jerry suggests George should always do the opposite of his first instinct: “If every instinct you have is wrong, the opposite would have to be right.” Somebody ought…

The case against raising Ontario’s minimum wage 

While a higher minimum wage benefits workers, it can be detrimental to small and large businesses

The case against raising Ontario’s minimum wage Ontario Premier Kathleen Wynne faces an uphill battle in her bid for re-election, so she’s tossed out a few political goodies in an attempt to increase her popular support before next year’s vote. Her biggest gift – or sop, depending on your perspective – is a significant increase to the minimum wage. Workers in Ontario…

Ontario housing measures offer short-term gain but long-term pain

As much as rent control could benefit some existing renters, in the long run it reduces the incentive to build new rental housing

Ontario housing measures offer short-term gain but long-term painBy Steve Lafleur and Josef Filipowicz The Fraser Institute The Ontario government introduced a raft of measures this summer aimed at reining in the price of buying or renting a home in the Greater Toronto Area (GTA). The goal is laudable and the approach may create some temporary reprieve – but the long-term consequences could be…