So far, the COVID-19 crisis has offered plenty of lessons about the limitations of delivering public goods through self-interested banks. Any relief has flowed only slowly, while the crisis has been turned into a profiteering opportunity both in the form of fine print imposing higher long-term costs on people who
Continue readingTag: C. D. Howe Institute
Alberta Politics: Corporate Mapping Project names top fossil-fuel emitters, enablers and legitimators, unlocks online database
“The fossil fuel industry … is the biggest obstacle to real action on climate change today,” says the co-director of the Corporate Mapping Project, which this morning published an eye-opening list of the 50 most influential players in the industry and a publicly accessible database with information on more than
Continue readingAlberta Politics: Feeling blue? Don’t worry, Jason Kenney’s got a ‘blue ribbon panel’ sharpening its razors for you!
Brace yourselves, people. Alberta Premier Jason Kenney has announced his “Blue Ribbon” panel to do a “deep dive” into the province’s books and figure out how to get them into the black in less than three years, eliminate debt, and do it all without raising taxes or introducing a sales
Continue readingAlberta Politics: Guest Post: Canadians should be on red alert over Redwater Energy case
Guest Post by Regan Boychuk Regan Boychuk is an independent researcher in Calgary and part of ReclaimAlberta.ca, which advocates solutions to the crisis of aging and expired Alberta oil and gas wells. He is the former public policy research manager of the Edmonton-based Parkland Institute. DJC It’s time for Albertans to
Continue readingThe Progressive Economics Forum: A Petition of Academics Against the CCPA Audit
A guest blog post from Mario Seccareccia and Louis-Philippe Rochon. After learning that the Canada Revenue Agency is auditing the Canadian Centre for Policy Alternatives on the grounds that it allegedly engages in politically partisan, biased and one-sided research activity, a number of university professors have drawn up an open letter
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Linda McQuaig criticizes the Cons’ use of the tax system to try to silence charities who don’t match their political message: PEN now joins Amnesty International, the David Suzuki Foundation, Canada Without Poverty, the United Church and other groups that, having criticized
Continue readingAccidental Deliberations: Tuesday Afternoon Links
This and that for your Tuesday reading. – Paul Boothe responds to the C.D. Howe Institute’s unwarranted bias against public-sector investment: Is the public sector holding back provincial growth rates by crowding out private sector investment? That’s the contention of a recent C.D. Howe paper by Philip Cross. The paper
Continue readingAccidental Deliberations: Friday Morning Links
Assorted content to end your week. – Paul Krugman offers a response to the assertion that accumulated wealth should be considered as costless capital: (I)f there’s one thing I thought economists were trained to do, it was to be clear about opportunity cost. We should compare accumulation of dynastic wealth
Continue readingAlberta Diary: Where’s the beef? Ottawa and the fast-food lobby are serving nothing but baloney about the need for Temporary Foreign Workers
Whatever it says on the menu, fast food restaurant owners, other employers of temporary foreign workers and their pals in the Harper Government are serving baloney. Below: Dominique M. Gross of Simon Fraser University; Charles Decatur “C.D.” Howe. Advocates of the Harper Government’s so-called Temporary Foreign Workers Program are using
Continue readingThe Progressive Economics Forum: Do C. D. Howe’s Numbers Support its Policies?
The basic storyline of today’s C. D. Howe Institute “E-Brief”, “Canada Lagging Peers in 2013 Business Investment Growth,” is that corporate tax cuts helped boost investment per worker in Canada above the OECD average. Yet corporate Canada is slipping in 2013 and apparently needs more tax cuts. However, the C.
Continue readingAccidental Deliberations: Saturday Morning Links
Assorted content for your weekend reading. – Marc Lee takes a high-level look at the absurdity of our destructive economic choices: Exhibit one: the North Pole at the moment is a one-foot-deep aquamarine lake. After reaching record low ice cover and thickness at the end of summer 2012, an ice-free
Continue readingAccidental Deliberations: Thursday Evening Links
This and that to end your Thursday. – The Huffington Post discusses a study showing how poor Canadians pay the highest marginal tax rates on income that pushes them over benefit thresholds. But it should be fairly obvious that the solution is to set up rational models for social programs
Continue readingThe Progressive Economics Forum: Inflation Collapse Confounds Monetary Hawks
Statistics Canada reported today that inflation collapsed to just 0.4% in April. The Bank of Canada’s core inflation rate, which excludes volatile items, fell to 1.1%. Continued low inflation does not provide a rationale to raise interest rates. Perhaps for that reason, Canadian monetary hawks have shifted their rationale for
Continue readingThe Progressive Economics Forum: BMO Professor vs. Bank Regulation
Last week, the C. D. Howe Institute was out with an op-ed contending that Canadian household debt is not worth worrying too much about: “There does not seem to be a strong case for restrictive regulation of consumer credit products, such as tight caps on interest rates.” The C. D.
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