New technology will make carbon tax obsolete

The free-market system, human ingenuity and investors and entrepreneurs seeking profits brought these ideas forth

New technology will make carbon tax obsoleteThe Canadian political scene has been riven and toxified by Ottawa’s plans to impose a tax on greenhouse gas emissions on all provinces lacking such a levy. The ostensible goal is to reduce the use of fossil fuels, and thus emit less carbon dioxide (CO2) and methane (CH4, the main component of natural gas and…

Why Canadians are suffering a bankruptcy spike

Interest rate hikes, housing costs, rising taxes and stagnating wages are all crucial. We need to address these problems

Why Canadians are suffering a bankruptcy spikeWhat can't happen won't happen. If incomes are stagnant while taxes, prices and interest rates rise, people will fail to pay their debts – as is the case for 120,000 Canadians every year. The long-term buildup of urban house prices had already made people financially vulnerable and consumer insolvencies in Canada increased by 9.2 per…

The victim industry is out of control in Canada

It’s hard to fault people when simply signing up can net a big lump of money. But the taxpayer is always on the hook

The victim industry is out of control in CanadaA staggering amount of money is being gobbled up by the victim industry in Canada. The Globe and Mail reported on Aug, 17, 2018, that different factions of lawyers involved in what’s termed the ’60s Scoop class action suit are squabbling over $75 million in fees up for grabs for the work they claim to have…

Canada helps preserve memory of Holocaust by buying Hitler’s book

Canadians need to be reminded that conflicts and human tragedies sometimes come perilously close to home

Canada helps preserve memory of Holocaust by buying Hitler’s bookWise politicians realize that the people, also known as taxpayers, are always concerned about how their money is spent by government. The cost of a policy, program or item can be large or small, but every penny – or nickel, in this era – must be used responsibly and prudently. This brings us to the…

Treating taxpayers’ money with respect

We should be watching the case of B.C. clerk of the legislature Craig James and sergeant-at-arms Gary Lenz very carefully

Treating taxpayers’ money with respectAs the old song says, “money makes the world go round” – at least on the level of material possessions. And money falls into two categories: ours and other people’s. Of course, we’re free to do whatever we wish with our money. We can spend it extravagantly. Or we can take care of it, spending…

CPP takes bigger bite from Canadians

But much of the justification for expanding the pension plan is debatable or downright wrong

CPP takes bigger bite from CanadiansBy Jason Clemens, Jake Fuss and Milagros Palacios The Fraser Institute Canadians likely noticed that their first paycheque of 2019 was slightly smaller than in 2018, even if they got a raise. The decline in after-tax income is because the first of several tax increases to finance an expanded Canada Pension Plan (CPP) took effect…

Could guaranteed income help us cope with automation?

The disappearance of many jobs over a short period could severely strain our social welfare models

Could guaranteed income help us cope with automation?The revolution of automation and artificial intelligence (AI) will be one of the most profound economic shifts of this century. It’s already well underway and public policy must meet the challenge. Populists on the left and right often blame free trade for North American job losses in manufacturing, though automation is actually the main culprit.…

Is gambling a big deal to the NFL? You can bet on it

With billions now being bet legally on sports, the simple outcome of the Super Bowl game will no longer be the only story

Is gambling a big deal to the NFL? You can bet on itIt’s late in Super Bowl LIII this Sunday. The driving New England Patriots, favoured by a field goal, have a three-point lead in the game. Hundreds of millions of dollars worldwide ride on whether the Los Angeles Rams can keep them out of the end zone or whether quarterback Tom Brady will push it in…

Lack of competition pushes up your cost to use the Internet

Canada is among the world’s leaders when it comes to restrictive foreign ownership rules, and the digital realm is no exception

Lack of competition pushes up your cost to use the InternetMany of the close to 90 per cent of Canadians who subscribe to home Internet plans will begin to see their monthly bills go up next month by, it appears, $2 to $9 a month. It could be more and if you’re on a locked-in plan you might not feel the impact right away. But…

CPP contribution hikes penalize workers, dampen the economy

When the government makes employment more expensive, the sure result is fewer jobs

CPP contribution hikes penalize workers, dampen the economyThe federal government began 2019 by taking a bigger bite out of workers’ paycheques: the combined employer and employee Canada Pension Plan payroll tax rose from 9.9 per cent of earnings to 10.2 per cent. It’s the first of five annual payroll tax hikes. By the time the CPP tax hike is fully phased in, a…

Despite government subsidies, Canadian innovation wanes

Burdensome regulation, limited competition and unfavourable taxes hold Canadian companies back

Despite government subsidies, Canadian innovation wanesStudies show that innovation is the driving force behind long-run increases in incomes in developed countries. But Canada is falling behind. The implementation and adoption of new methods of producing goods and services, along with the introduction and use of new products and new ways of organizing businesses, remain critical to improving living standards. Canada’s…

Ottawa’s venture-capital handouts offer no positive economic value

When organizations are heavily regulated, funded by taxpayers and unlikely to shoulder losses, they’re private in name only

Ottawa’s venture-capital handouts offer no positive economic valueIf buzzwords were the path to prosperity, Canada would be growing like gangbusters. But it’s not. And the federal government’s Venture Capital Catalyst Initiative (VCCI) – with an expansion announced in Ottawa’s recent economic statement – is a case of lofty words anathema to efficient and healthy capital markets. Once we peel off the feel-good wrapper of innovation…

Why Canadians should embrace the yellow jacket movement

Some Canadians and French believe that their ‘leaders’ are mere followers of a supra-national agenda, not champions for their electorate

Why Canadians should embrace the yellow jacket movement“Canadians do not need to be liberated,” said Canadian Prime Minister Lester B. Pearson half a century ago, after French President Charles De Gaulle lit the fuse for Quebec independence with his famous “Vive la Quebec libre!” speech. But neither of their current counterparts are standing for national freedom, let alone calling for it. President…

Ford’s Ontario has nothing to learn from Australia’s climate plan

The smarter alternative would be to just bite the bullet and abandon the pretence of abiding by the flawed Paris agreement

Ford’s Ontario has nothing to learn from Australia’s climate planThe yellow vests demonstrations across the Atlantic against climate change-driven fuel taxes offer Ontario Premier Doug Ford yet another reason to congratulate himself on repealing Ontario’s carbon tax. Less reassuring, however, is the speculation that he intends to introduce a measure similar to the Australian Emissions Reduction Fund (ERF). A sop to the leftists within the…

The top 10 e-commerce trends for 2019 are …

The effects will be felt across the entire supply chain, by brands, manufacturers, distributors, retailers and consumers alike

The top 10 e-commerce trends for 2019 are …E-commerce continues to be a growing part of the Canadian retail landscape. On Monday Absolunet, an e-commerce agency, revealed its  top 10 trends in the sector that will impact North American retailers in 2019. The effects will be felt across the entire supply chain, by brands, manufacturers, distributors, retailers and consumers alike, said the company.…
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