Canada built world-leading research institutes—now it’s letting them collapse
Finding solutions for humanity’s most-pressing issues, such as mitigating the effects of climate change or preventing future pandemics, will require decades of concerted effort.
UN secretary general calls on developed countries to accelerate net-zero timelines to 2040
The International Panel on Climate Change was to release a report on March 20 advising policy-makers on addressing climate change, but behind-the-scenes haggling delayed the release of the full text.
Budget should bolster commitment to workers in changing economy
If the government is going to provide billions of dollars in tax incentives to the private sector to meet a net-zero carbon-based energy economy, then that revenue from the treasury must help to create good, middle-class jobs.
Employee ownership trusts a promising new model to keep businesses and property in Canada
The benefits of legislating EOTs into our Income Tax Act are plentiful. When businesses are sold to their employees, it helps support local economies and protect jobs, and it contributes to employee wealth. In this age of increasing affordability challenges, building wealth for Canadian workers is a great way of mitigating inequality.
Does the planet need a new Bretton Woods Agreement and can Canada help?
The world is a very different place from when the World Bank and International Monetary Fund were created in the mid-1940s at Bretton Woods, N.H., and both the role and operational instruments they deploy must be modernized to address today’s very different challenges.
Trans Mountain’s next private sector loan likely to be significantly more expensive than last year’s ‘sweetheart deal,’ say observers
Former Liberal staffer Elliot Hughes says it was just fortunate timing that the pipeline company secured its first private loan last year while interest rates were still low, and not preferential treatment from the banks.
The politics of budget-making as Canadians brace for stagflation
Finance Minister Chrystia Freeland is trying to rein in spending at a time when the expected economic downturn could significantly worsen Ottawa’s deficit position.
No-cost contraception is the leadership Canada needs to follow
Here’s a reality check: we already pay for people’s sex lives. Unintended pregnancies and sexually transmitted infections cost health-care systems significant sums every year.
Canada talks a big game, but its innovation sector doesn’t walk the talk
Federal policy, which is more transactional than strategic, is turning Canada into a branch plant economy—a derivative economy in which we help foreign corporations grow and profit in exchange for jobs, while making us dependent on maintaining the goodwill of foreign investors to keep those jobs.
Pause in interest rate hikes offers no ‘breather’ to Liberals politically, says pollster
The Conservative and NDP finance critics say the ‘relentless interest hikes’ and rising mortgage rates are creating ‘hardship’ for Canadians, and urge the government to look to other avenues to fight inflation.
