Minimum wage hikes serving up uncertainty in food industry

A 32 per cent increase in the minimum wage in 12 months is simply irresponsible

Minimum wage hikes serving up uncertainty in food industryThis is turning into a very challenging year for the Canadian food industry. Recent Statistics Canada numbers indicate that grocers are in trouble. Food inflation is above two per cent for the first time since April 2016. This is typically good news for grocers, increasing their margins. But given major headwinds affecting the industry, grocers…

Pipelines are crucial to national prosperity

The battle between Alberta and B.C. over the Trans Mountain pipeline expansion has broad implications for all Canadians

By Steve Lafleur and Ashley Stedman The Fraser Institute The governments of Alberta and British Columbia are waging an intense trade dispute over the proposed Trans Mountain pipeline expansion, which would run between Edmonton and Burnaby. But the implications extend far beyond those two provinces. The details of the feud have been well-documented. After B.C.’s…

Trudeau fiddles while Canada burns

Canada is becoming a balkanized union of mini-fiefdoms at the mercy of Big Environment and narrow provincial interests

Trudeau fiddles while Canada burnsJustin Trudeau needs to get his priories straight. He's supposed to be the prime minister of Canada, not just another Instagram-friendly international celebrity. Burning issues on the home front need urgent federal attention and a sound hand on the tiller. But Trudeau chooses this moment to fly tens of thousands of kilometres across the world…

Upcoming government budgets must focus on competitiveness

Canadian governments have done nothing to signal to investors, entrepreneurs and businesses that they have a plan to return the country to competitiveness

Upcoming government budgets must focus on competitivenessBy Jason Clemens and Niels Veldhuis The Fraser Institute Canada has become a less appealing place to do business. So as we approach budget season, governments across the country must start paying attention to competitiveness. Higher taxes, new regulations, and uncertainty over access to foreign markets have reduced Canada’s attractiveness to entrepreneurs and businesses. Indeed,…

The green agenda comes at a high cost for Canadians

Government green programs impose costs on third parties. Consumers and taxpayers must pay for those policies, and the environment actually suffers

The green agenda comes at a high cost for CanadiansIn a 1999 interview, the late Nobel Prize-winning economist Milton Friedman remarked that there were good arguments for having government take action to reduce pollution, like smoke from power plants. That’s because the smoke imposes costs on third parties – for example, by dirtying property as well as surrounding public spaces. A power plant produces…

Canada paying the price for pipeline intransigence

Increasingly, the U.S. will compete with Canada for oil export markets, while more of its domestic needs are met by its own producers

If Canada’s governments won’t push to get pipeline projects built, Canadians will be the poorer for it. Canada’s overwhelming dependence on one market for its oil and gas exports comes with a serious price tag. Canadian Western Select crude oil sells at a substantially lower price than oil from other jurisdictions, such as West Texas…

We lack the tools to manage the 21st century economy

The digital economy isn’t just another phase in the industrial era. It’s an entirely new paradigm, with new assets and a much different value creation formula

We lack the tools to manage the 21st century economyAt the recently-concluded World Economic Forum in Davos, Switzerland, a surprising number of economic papers dealt with ‘secular stagnation,’ the term economists use to describe our enduring recession. One of the more popular reasons put forward for secular stagnation is an aging population in the western developed nations. The logic goes something like this: Holding…

Deboning the backbone of the Canadian economy

No one doubts that Canada needs tax reform. But there’s filleting and then there’s butchering

Deboning the backbone of the Canadian economyWith its filleting knife in hand, the Trudeau government in July 2017 announced changes to income splitting, passive investment and capital gains that had farmers, small business owners, doctors and lawyers howling. The good news is some of the proposed changes won’t happen. The bad news is some of them will – and fast. “Most…

Protein providing muscle to the Smart Agri-Food Supercluster initiative

Four beef-sector case studies illustrate how SASC can magnify and amplify their impact

Protein providing muscle to the Smart Agri-Food Supercluster initiativeThe Smart Agri-Food Supercluster is one of nine groups awaiting word from the federal government on whether it will share in the $950-million innovation supercluster fund established earlier this year. It’s conducting innovation community meetings across Canada to help the sector understand its economic, environmental,  job creation and innovation impact.) How big is your innovation…

Trudeau putting Canada’s economic interests at risk

While Asian nations are interested in our goods and services, not one of them is interested in buying the values that Trudeau keeps proselytizing

Trudeau putting Canada’s economic interests at riskEngaging in international trade is perhaps the greatest of Canadian economic traits. We’ve been traders since the first Europeans arrived. The accounts of the competition between les voyageurs and les coureurs du bois, and between the Hudson Bay Co. and the North West Co., are part of national folklore. Canada has always been a nation of…