Canada’s plan for climate change needs to use all the tools in its artillery

Why not use carbon emissions as a building block for other industrial processes and products?

Canada’s plan for climate change needs to use all the tools in its artilleryClimate change demands immediate action, and there’s no shortage of discussion about emissions reduction. Indeed, climate policies and pledges flowed left and right leading up to the federal election. However, largely absent from the mainstream dialogue on the shifting energy landscape is any pragmatic talk about the productive use of carbon emissions. That’s right –…

Rather than defund the police, rethink its core functions

Less of an officer's time should be spent on functions that don’t involve protecting the public

Rather than defund the police, rethink its core functionsRising crime rates have required Canadian police forces to reconcile managing their budgets with fighting crime. It’s not an easy balance to strike. Yet there is a simple way to save hundreds of millions of dollars: re-think the division of labour for police. Modern police officers receive extensive training to carry out tasks requiring an…

How to reduce our emissions without penalizing rural regions

Policies should be fair for all Canadians, regardless of where they happen to live

How to reduce our emissions without penalizing rural regionsBy Miguel Ouellette Olivier Rancourt and Krystle Wittevrongel Montreal Economic Institute Reducing our greenhouse gas emissions is one of the big concerns of our age. The numerous diverging interests pitted against each other on this issue make it a real puzzler for policy-makers, though. After many years of public policies aimed at reducing GHGs, layered…

Beware the totalitarian instincts of ‘the collective’

The conflation of state and individual has long been popular among those who crave power over others

Beware the totalitarian instincts of ‘the collective’Last spring, Trent University Professor Christopher Dummitt took us all to task for our insufficient dedication to the collective – which, he worries, leaves those who “call for national sacrifice” on behalf of “the collective will” in a bind, bereft of the obedience they deserve. Dummitt’s alleged “collective action problem” betrays a fundamentally illiberal misunderstanding…

Higher taxes won’t solve our crippling fiscal problems

Instead, the government should be working at finding ways to control spending

Higher taxes won’t solve our crippling fiscal problemsCanadian politicians appear to be gearing up for an election campaign in which they will be asked how they would handle the myriad issues facing the country. Two of our most pressing concerns are Canada’s crippling debt and sky-high deficits. As the Parliamentary Budget Officer (PBO) recently noted , we are currently on track for…

More capitalism leads to less discrimination

Discrimination is actually less pervasive in more competitive industries

More capitalism leads to less discriminationOne of the favourite myths peddled by proponents of government control is that under the free-market system discrimination is rife and leads to unfair outcomes for minorities, women, and other groups. Thus, they say, we need government regulation to correct this unfairness and equalize outcomes. The myth persists despite having been repeatedly debunked over decades,…

Canada’s clean energy future must include nuclear

Ignoring its potential would be a missed opportunity

Canada’s clean energy future must include nuclearIn 1950, Canada faced a difficult choice between the desire to be a leader in the development of nuclear energy technology and the fear that such technology would bring the end of the world a little closer. Despite concerns related to the bombing of Hiroshima and Nagasaki, Canada elected to be in the vanguard. As…

To share wealth you first have to create it

MacKenzie Scott's fuzzy criticisms of capitalism

To share wealth you first have to create itBy Bradley Doucet and Miguel Ouellette Montreal Economic Institute Allow us to join in the chorus of praise for the charitable giving of MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, who announced last month that she had given away another $2,739,000,000 to 286 organizations. Private philanthropy is part of what makes the world…

Let’s have permanently quicker drug approvals

On average, drug approvals take three months longer in Canada than in the U.S. and one month longer than in Europe

Let’s have permanently quicker drug approvalsBy Maria Lily Shaw and Krystle Wittevrongel Montreal Economic Institute The past year has shown us beyond the shadow of a doubt that human ingenuity is a match for the greatest of challenges. The rapid development and mass production of several COVID-19 vaccines are proof of our remarkable capacity for innovation. Pharmaceutical innovation, one of…

Changes to royalties could super-charge upgrading in Alberta

Fixing the royalty structure seems like low-hanging fruit

Changes to royalties could super-charge upgrading in AlbertaWith news of the official termination of the Keystone XL project, the Alberta government is out approximately $1.3 billion. What’s more, the province is left with unrefined bitumen that it doesn’t have the capacity to upgrade to higher-value products like gasoline and diesel. Why, then, does the province not look to develop its own capacity…

The benefits from Big Pharma more obvious than ever

Why are we biting the hand that saved us?

The benefits from Big Pharma more obvious than everFor some people, no good deed deserves to be rewarded – at least not by making a profit, which they treat as if it were a dirty word. Even saving millions of lives, as pharmaceutical companies have undoubtedly done by delivering safe and effective COVID-19 vaccines to market in record time, is no excuse for…

Regulatory quicksand holds back clean tech in Alberta

Sitting on an enormous economic opportunity that could address current financial and environmental issues and help diversify the economy

Regulatory quicksand holds back clean tech in AlbertaWith Alberta’s economy still sputtering and not expected to rebound until 2023, the knowledge that we are sitting on an enormous economic opportunity is music to the ears of most Albertans. The fact that this opportunity not only addresses current financial and environmental issues but also helps diversify the energy sector is a veritable symphony.…

More federal labour regulations mean fewer jobs

Commitment to strengthening “labour protection” for workers in the gig economy will discourage hiring

More federal labour regulations mean fewer jobsMost of the headlines from the Liberal budget were about the big dollar expenditures: tens of billions in new spending on child care, corporate welfare handouts (even excluding pandemic-related supports), student debt relief, climate change programs, Indigenous services, and much more. All this spending will reduce economic growth by shifting economic control from the private…

Trudeau budget takes on a reckless amount of new debt

Another step toward irresponsible indebtedness

Trudeau budget takes on a reckless amount of new debtBy Miquel Ouellette and Maria Lily Shaw MEI The recent budget presented by the Liberal government of Justin Trudeau – its first in over two years – is another step toward irresponsible indebtedness that will burden an entire generation of Canadians, if not more. On top of the hundred billion dollars of new spending, the…

Free interprovincial trade once and for all

Canada’s GDP per capita would increase by 3.8 per cent simply by removing interprovincial trade barriers

Free interprovincial trade once and for allBy Olivier Rancourt and Krystle Wittevrongel MEI The theme of the post-COVID-19 economic recovery is on everyone’s lips, and there’s no shortage of debate about what should be done. According to some, the government should raise taxes on the rich, as if this were a way to promote growth. For others, this is an opportunity…