COVID-19 overreaction has pushed us to the tipping point

Our debt is rising and our population growth is slowing. The result will be a massive fiscal burden on taxpayers in decades to come

COVID-19 overreaction has pushed us to the tipping pointCaught between a rock and a hard place. This best sums up the position that Alberta’s United Conservative Party government found itself in as it announced new, stricter lockdown measures for Christmas. The government is attempting to bend the rising curve of COVID-19 infections. Premier Jason Kenney and his most trusted ministers lined up to…

Will Canada ever pay off the cost of COVID-19?

Very few people have focused on the financial aftermath of the flatten-the-curve pandemic strategies. It’s time we did

Will Canada ever pay off the cost of COVID-19?It has become routine for Canadians to listen to the daily national COVID-19 briefing. We wait to learn about the current state of affairs and whose turn it is to receive financial aid. A million here, a billion there. The programs include: $300 billion to the Office of the Superintendent of Financial Institutions to free…

Zombie firms a danger in post-COVID-19 economy

Government actions to reduce financial pressure on firms create dangerous conditions over the longer term

Zombie firms a danger in post-COVID-19 economyWe spend double the amount of time on our streaming platforms compared to last year, close to 45.4 billion minutes on Netflix alone in the first few weeks of March 2020. Movie titles such as 28 Weeks Later, Quarantine,  Carriers and I Am Legend have provided an escape from our quarantined hideouts. Unfortunately, such movies about a…

Bad public policy chokes out economic growth

Nova Scotia's continued ban on fracking isn't supported by evidence. And it has severely curtailed spending and job creation

Bad public policy chokes out economic growthWith an estimated 1.6-plus-trillion cubic feet of natural gas under foot, Nova Scotian policy-makers are choking out economic growth potential with bad public policy. Their hasty decisions regarding the not-so-new technology of hydraulic fracturing (or fracking, which has been around since the 1950s) were justified by claiming to have been based on incomplete, unavailable or…

Lack of ride-sharing legislation stalls an innovative industry

The ride-sharing industry must operate within a competitive environment rather than be regulated beyond the public’s choice

Lack of ride-sharing legislation stalls an innovative industryThe ride-sharing industry faces regulatory roadblocks as it tries to gain traction across the country. Led by Uber, the industry is disrupting traditional transportation by providing people with alternatives to taxis and buses. The competing choices now include one’s own vehicle, public transit, taxi or Uber (or a similar service). As the ride-sharing industry spreads…

Canada in neutral when it comes to self-driving vehicle legislation

An evolutionary change in transportation is under way. Will Canada be ready?

Canada in neutral when it comes to self-driving vehicle legislationIt’s time to start crafting legislation to govern self-driving vehicles in Canada. Many of the world’s leading automotive-related companies – Tesla, Uber, Honda, Toyota, Hyundai, Volvo, BMW, Volkswagen, Mercedes, Nissan, General Motors and Ford – and some other less common brands plan to release driverless cars or driverless systems in the near future. The autonomous…