National Newswatch

Canada Pension Plan gets lucky with active management, for now

Jun 12 2019 — Andrew Coyne — In 2006, the Canada Pension Plan Investment Board announced it had switched from a “passive” to “active” investment strategy. No longer would it merely seek to replicate the performance of the broad equity and bond market indexes in its own portfolio, as it had earlier been required to do; now it would free its managers […]

What Michael Cooper should have said

Jun 6 2019 — Andrew Coyne — The Commons justice committee’s hearings into the problem of online hate were thrown into chaos last week after a Conservative MP, Michael Cooper, rounded on a witness for suggesting terrorists like the one who murdered 51 Muslims at prayer in Christchurch, New Zealand, earlier this year had been influenced, not just by anti-immigrant and alt-right […]

Andrew Scheer rebrands his party and gets it right on immigration

May 31 2019 — Andrew Coyne — It is the spring before the fall election, and in preparation the two main parties are already engaged in the necessary work of passing themselves off as each other. While each warns darkly of the “divisive” campaign the other has prepared (its own campaign being intended only to highlight the “stark differences” between the two), […]

Wilson-Raybould, Philpott trade rigid party politics for freedom of the damned

May 30 2019 — Andrew Coyne — Reaction to the twinned announcements from Jody Wilson-Raybould and Jane Philpott that they would run as independents in the next election ranged from curiosity to incredulity to outright hostility. Independents, after all, even running as incumbents, rarely win in Canadian elections. Research shows that voters tend overwhelmingly to vote for the party first, the local […]

Unelected Senate heads toward another democratic debacle

May 25 2019 — Andrew Coyne — Alberta, long the hotbed of Senate reform, is currently in the throes of an unaccustomed love affair with the Red Chamber. Albertans, Conservative ones at least, used to pine for a democratic Senate as the only bulwark against the Liberals’ endless schemes to despoil the province. Only an elected Senate, reformers said, would have the […]

Trade wars, hot or cold, do not generally lead to trade peace

May 13 2019 — Andrew Coyne — “There is a great deal of ruin in a nation,” Adam Smith famously remarked. Donald Trump is currently putting that theory to the test. Pile on enough debt, create enough uncertainty around monetary policy, and throw up enough barriers to trade and at some point you will drive even the strongest economy into the ditch. […]