Trickle-down economics: the hoax that will not die
The trend toward lower taxes has tilted the economy in favour of the well-off and left average people struggling to get by on stagnant wages and diminished prospects.
Feds seek approval for additional $20.5-billion in spending
Altogether, if approved, federal spending so far this year will reach $454.8-billion, up 11.7 per cent from the $407.2-billion in spending approved by the same point last year.
Where is the sense of national ambition to seize and build on new opportunities today?
Four major Canadian-owned and headquartered corporations today all originated as Crown corporations. Our major electric power utilities are other examples of public policy pursuing major opportunities. But where are today’s examples?
A lesson in the dangers of extremist, scorched-earth politics from U.S. Republicans
While nothing in Canada is on a par with the debt ceiling clash in the U.S., voters here should think twice about endorsing a political party feeding on unfocused populist outrage.
Put security at the forefront as tech changes how Canadians connect with their money
We are on the precipice of a fundamental shift in how Canadians interact with their money and the economy. Loyalty points, data, digital goods, and new currencies have started to replace the cash in our pockets and the balances in our bank account. We’re also seeing new shopping experiences that cut across physical and digital […]
Bank of Canada quietly signals long-term shift with potential for economic, political upheaval
The end of the low-interest-rate policy sets the stage for widespread household financial stress in 2025 and 2026, when the majority of mortgages are up for renewal.
Top finance official defends Infrastructure Bank from accusations of ‘cosiness’ with private consultants
Opposition MPs questioned deputy finance minister Michael Sabia in committee about the role consulting firm McKinsey & Company had in the infrastructure bank’s creation.
Small inflation uptick not cause for economic ‘alarm,’ but Liberals ‘remain in trouble’ politically, say observers
Following the May 16 Consumer Price Index report from Statistics Canada, ‘the big story’ remains what Canadians are paying when they buy food or renew their mortgage, said pollster Greg Lyle.
Canada needs to rein in its financial sector to avert total climate breakdown
Federal regulations should require financial institutions to develop, implement, and report on credible climate plans that protect consumers and investors from greenwashing.
Closing the gap: aligning financial regulation with climate commitments
If Canada is to meet its climate commitments, we must do more than require that financial institutions disclose the risks they face from a changing climate and energy transition.
