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TRENDING:

COVID-19 recession: why traditional economic tools will not restore job losses

The neoliberal notion of handing out money, free land and tax exemptions to start-up, small and medium sized businesses is now completely discredited. Instead, a focused industrial strategy based on advanced manufacturing is the future.

The Bank of Canada has lowered interest rates with the hope that this will cause consumers to borrow and spend more resulting in businesses expanding and hiring additional workers to satisfy increased demand. However, once a major recession is underway most people are too poor to spend or borrow no matter how low interest rates are. Banks can become unwilling to lend as personal credit scores tumble and personal savings are depleted, write Ken McFarlane and Ian Waddell. The Hill Times photograph by Andrew Meade

Opinion
BY KEN MCFARLANE AND IAN WADDELL
February 4, 2021

Opinion | BY KEN MCFARLANE AND IAN WADDELL | February 4, 2021

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House debates don’t match the serious times we’re in

OpinionBY EDITORIAL

The opposition parties have a duty to hold the government to account, but they should come up with more serious questions to fit the times we are living in. Carney and his cabinet ministers also have an obligation to do better in the House Chamber. They owe it to the people to answer questions and to be as open and transparent as possible. But everyone should quit play-acting for the cameras, and get real.

House debates don’t match the serious times we’re in

OpinionBY EDITORIAL

The opposition parties have a duty to hold the government to account, but they should come up with more serious questions to fit the times we are living in. Carney and his cabinet ministers also have an obligation to do better in the House Chamber. They owe it to the people to answer questions and to be as open and transparent as possible. But everyone should quit play-acting for the cameras, and get real.