Rising government debt can dampen economic growth and divert billions of dollars away from important public priorities
By Jake Fuss and Alex Whalen The Fraser Institute Just three months ago, provincial Finance Minister Karen Casey released a budget projecting an operating surplus, which would have been the Nova Scotia’s fifth consecutive balanced budget. However, due to COVID-19, circumstances have changed dramatically and the province now expects to run a large deficit this…
We’re in this together – let’s all try to remember that some people just need a helping hand rather than insensitive criticism
The pandemic disaster the world finds itself in the middle of is bringing out both the best and worst in people. And some behaviours are just annoying. One of the most annoying trends is the emergence of busybodies who are eager to pass judgment on others before they have all the facts. They’re the ‘pandemic…
Relentless and focused, Max Aitken wasn’t squeamish about cutting corners to get what he wanted in business and politics
Max Aitken – widely known as Lord Beaverbrook – is the subject of a new biography by English author Charles Williams. Max Beaverbrook is a readable book on an interesting and controversial character, one whose balance of attributes is ambivalently encapsulated in the subtitle Not Quite a Gentleman. Aitken was born in Maple, Ont., in…
The East Coast isn’t quaint, slow, lazy or anything else others in the rest of Canada might assume. But it does tend to defy expectations
If you live in one of Canada’s muscular metropolises, you might think about the Atlantic provinces once, maybe twice, a year. And when you do, you might be tempted to dismiss them as welfare states – unlike, say, Calgary. After all, most people “down home” draw unemployment at least half the year. They’re just as…
What if voters had to choose between candidates with proven track records, like McKenna and Stanfield, rather than Trudeau and Scheer?
Let us, for a moment, imagine an alternate universe in which the leading candidates for the office of prime minister enjoy unalloyed respect across Canada. Here, on the centre-left, is Frank McKenna – a Liberal. Over there, on the centre-right, is Robert Stanfield – a Progressive Conservative. Yes, I hear you. The former, who spent…
CEO Alfred Sorensen talks about moving the Canadian industry from its infancy and servicing a growing international market
Alfred Sorensen is CEO of Pieridae Energy. What is Pieridae Energy and what does it do? Sorensen: Pieridae Energy is Canada’s only fully-integrated LNG company. We are looking to build the US$8 billion, 10-million-tonne-per-year Goldboro LNG liquefaction facility off the East Coast near Halifax to supply much-needed natural gas to Europe. In a nutshell, our…
Encouraging short-term stability at the expense of economic performance and fairness is folly when alternatives are available
In recent years, equalization and other regional subsidies have captured the attention of many Albertans. Much useful research has been done at the University of Calgary and by the former Wildrose Party. There has been extensive comment in Alberta’s media on Canada’s fiscal arrangements, including equalization. Issues connected with regional subsidies are important to all…
Governments should abolish the fruitless minimum wage if they want to do right by young and low-income persons
By Marco Navarro-Genie and Matthew Lau Contributors High unemployment in Atlantic Canada is a longstanding problem. For over four decades, unemployment rates have consistently exceeded the national rate. It is critical for the provinces to reduce barriers to work. Yet governments do the opposite when they raise the legislated minimum wage, as all four Maritime…
By Jake Fuss and Alex Whalen The Fraser Institute Just three months ago, provincial Finance Minister Karen Casey released a budget projecting an operating surplus, which would have been the Nova Scotia’s fifth consecutive balanced budget. However, due to COVID-19, circumstances have changed dramatically and the province now expects to run a large deficit this…
