Governments must work to eliminate their deficits or the upward pressure on interest rates will intensify Inflation is proving to be more than transitory, reaching an 18-year high of 4.7 per cent last month. Government-created distortions of personal incomes, savings and labour market choices are helping fuel it. These distortions also make inflation harder […]
The fact is that Canada’s woke emperor has no clothes. At the start of the current election campaign, in an attempt to burnish his feminist credentials, Justin Trudeau vowed to turn the country’s supposed «she-cession» into a «she-covery.» But the evidence does not support claims of a «she-cession,» and it is plain to […]
The economy contracted 0.3 per cent between April and June, or 1.1 per cent on an annual basis, Statistics Canada reported on Aug. Adding to the dismal report, the federal agency delivered preliminary data for July that showed gross domestic product declined 0.4 per cent, a worrisome start to the third quarter. It’s the first quarterly […]
Read the original article. In the meantime, our consumer price index gained 3.7 per cent in July compared to a year earlier, the highest level in a decade. But don’t you worry, as it’s all transitory, according to our existing government and the Bank of Canada. In particular, we really […]
One of the most important questions raised by governmental responses to the COVID crisis is «Who should speak for science in the public arena?» Every government in the world claims that its response to this health crisis is «science-based.» Scientific papers and authorities are liberally quoted in describing the nature […]
Plastics aren’t perfect, but if handled properly they are better and greener than substitute products made of plants and animals According to many environmentalists, coal, petroleum and natural gas, together with the fuels, lubricants and myriad other products these fossil fuels make possible, help drive widespread environmental problems. As journalist […]
The tab is coming due for the eye-popping public spending of the past year One of those payments is the inflation tax, which is already a reality in the United States. With Wednesday’s news that Canada’s year-over-year inflation rate is 3.4 per cent, we aren’t far behind. In April, the […]
This week, Ottawa doubled-down on its policy of treating the population like human guinea pigs by opening the door to mixing vaccines Prime Minister Justin Trudeau may not be able to attend the G7 meeting in Britain in June, because he may not be eligible to receive his second shot […]
We should call it what it is: Reverse Perestroika Welcome to the new Canada, where on Monday the Liberal government launched a grand experiment in retrograde economic policy. Canada is now moving in the other direction. The 724-page Liberal budget, a document worthy of the great Gosplans that dominated Soviet economic life, lays out a […]
Scrap this Ministry of Truth-type $600-million bailout and eliminate any perception of a conflict of interest in our media’s reporting of the government To maintain trust in the audit process, users of the audited financial statements must know the auditors have not been influenced by any conflict of interest, real […]