Monetary stimulus broke records this year as the Federal Reserve launched infinite quantitative easing, but in a low interest rate environment, monetary policy is less important than fiscal policy in determining asset prices, said Lyn Alden, founder of Lyn Alden Investment Strategy. The last time the federal deficit as a […]
Opinion: Butts was once keen to take credit for ‘all of the province’s significant environmental initiatives’ — back before those initiatives became politically toxic In Gerald Butts’ much-discussed resignation letter last week, the former principal secretary to Prime Minister Justin Trudeau took responsibility — sort of — for the ever-growing crisis enveloping the federal Liberal government. […]
Kevin Carmichael: Star-crossed bank will only succeed if investors are confident it operates free of political interference Prime Minister Justin Trudeau, the daily face of his government’s response to the COVID crisis, wasn’t going to missa $10-billion announcement. So there he was on Oct. 1, big-footing his infrastructure minister, Catherine […]
Amid the litany of promises in his government’s throne speech last week, Canadian Prime Minister Justin Trudeau vowed to pursue two deeply contradictory goals with little introspection. On the one hand, his administration says it will tackle “systemic racism” and break down the “systemic barriers” that exclude people of color […]
It’s time to broaden the conversation in Canada around COVID-19 from one focused on just the daily case numbers to one that’s about maximizing the overall health and well-being of society. That was one of the key messages articulated by Vivek Goel, one of the nation’s top public health experts, […]
Today’s headlines announced Donald and Melania Trump “tested positive” for covid-19. Another claims nineteen thousand Amazon workers “got” covid-19 on the job. Both of these pseudostories are sure to ignite another absurd media frenzy. As always, the story keeps changing: Remember ventilators, flatten the curve, the next two weeks are […]
If the government wanted to say what it said in the throne speech, it has lost its collective mind. Indeed, the speech explicitly stated that today’s laboriously low-interest rates create an opportunity for massive deficit spending because “there is a global consensus that governments must do more … while blocking the […]
It is necessary to talk about an issue that could be said to cause a lot of commotion. That said, it has been said that a socialist coup is taking place in Canada, and in fact, it has been exclaimed and disseminated that the taxpayers are financing it. Likewise, it […]
The recession, the economic equivalent of a thermonuclear device, affected men and women almost equally Armine Yalnizyan of the Atkinson Foundation has been superspreading the idea that the distinctive feature of the 2020 recession is its disproportionate impact on women. She maintains that, with its devastating hit on service industries, the […]
By Chris Rossini Human life, which consists of 7+ billion individually conscious ‘I’s,’ can be described with the words ‘radical decentralization.’ Human life is radically decentralized. First, there are no carbon copies of the 7+ billion of us. No copies with anyone who lives now, who has lived in the […]