National Newswatch
Vincent Geloso

CEO pay – when they deserve it, and when they don’t

Jan 21 2020 — Vincent Geloso — In debates about inequality, some people—including some economists—claim that the salaries and compensation of chief executive officers (CEOs) are not linked to performance. Thus, they don’t really earn their money. This claim, repeated ad nauseam in recent years, is misleading to say the least. As noted in my recent study published by the Fraser Institute, […]

Trudeau government making wrong type of tax cuts

Jan 5 2020 — Jason Clemens , Jake Fuss and Tegan Hill — As expected, Finance Minister Bill Morneau recently confirmed the federal government’s intention to reduce personal income taxes for everyone except “higher-income earners.” With total taxes (federal, provincial and local) consuming 44.7 per cent of the average family’s income in 2019, it’s easy to see why Canadians want tax relief. The problem is the type of […]

PISA results include good news for Canadian education—and some early warning signs

Dec 4 2019 — Derek J. Allison — Canada’s 15-year-old students continue to do well on the gold standard of academic testing, but with some concerns. This week, the Programme for International Student Achievement (PISA), which has randomly tested students worldwide every three years since 2000, released its latest results from reading, math and science tests completed by some half-a-million students in 79 […]

‘Eat local’ food movement doomed to fail in Ontario and beyond

Nov 19 2019 — Pierre Desrochers — Across Ontario, “local food” activists continue to promote the economic, social and environmental virtues of small local alternative farms, community gardens, backyard henhouses and older, less-efficient and more expensive ways to produce food. In response, the Ontario government—directly or through organizations such as Foodland Ontario, the Greenbelt Fund and the Trillium Foundation—supports several local food […]

Climate activists discard the ‘science’ for the extreme ‘unknown’

Nov 7 2019 — Robert P. Murphy — Now that the election’s over, the Trudeau government (perhaps now in closer concert with parties across the aisle) will continue its climate policy program. It’s therefore worth noting the recent tragic death of Harvard economist Martin Weitzman has underscored his work on climate risk assessment, which many climate activists use to argue for more aggressive […]

Canada can learn from Swiss and Dutch drug coverage

Sep 6 2019 — Bacchus Barua and Kristina Acri — As the Trudeau government seems poised to propose a national pharmacare plan in time for October’s federal election, many proponents of national pharmacare note that Canada is the only industrialized universal health-care country that does not provide universal coverage for prescription drugs. However, those same proponents often ignore the fact that other countries provide universal […]

Climate policy—results more important than rhetoric

Aug 15 2019 — Robert P. Murphy — I work on environmental and energy economics in both Canada and the United States. I’ve noticed that U.S. debates tend to focus on abstract principles— “capitalism versus socialism,” for example—whereas Canadians tend to put aside ideology and inquire about the empirical details. In this context, and as Canada’s political parties rollout their climate plans for […]

Mr. Prime Minister, the good times won’t last forever

May 27 2019 — Jake Fuss and Milagros Palacios — Throughout its mandate, rather than acting to reduce the federal budget deficit, the Trudeau government has made “investments” in the form of more and more spending. Of course, this plan relies on a wave of good fortune, with positive economic growth and higher-than-expected revenues each year, to finance the government’s proclivity for spending. However, recent […]

Prime Minister Trudeau cements his ‘debt’ legacy

Apr 25 2019 — Jake Fuss, Finn Poschmann and Milagros Palacios — With this year’s federal budget, Prime Minister Justin Trudeau firmly established his fiscal legacy. No Canadian prime minister has spent more money (per person, inflation-adjusted) or accumulated more debt (per person), outside a world war or recession, than Prime Minister Trudeau. Canada’s gross debt will increase this year by almost $120 billion (again, adjusted for […]

Legault government public ‘education’ initiative on electoral reform falls well short

Mar 23 2019 — Lydia Miljan — Quebec Justice Minister Sonia LeBel recently announced that the Legault government is moving forward with electoral reform. Yet unlike other provincial governments, rather than proceed with a referendum, the CAQ government will table a bill to move Quebec to a mixed member proportional (MMP) electoral system before October 1. LeBel claims that the bill “will […]

Vincent Geloso

Government meddling and increased air pollution

Mar 7 2019 — Vincent Geloso — When economists speak about climate change risk, they use a lens of externalities. Simply put, externalities emerge when exchanges between two parties has consequences that spill over onto third parties. These externalities are labelled “negative” when these spillovers hurt third parties. Greenhouse gas emissions resulting from economic activity constitute a negative externality, as producers and […]

Recession would seriously derail federal finances

Feb 15 2019 — Jake Fuss, Milagros Palacios and Jason Clemens — Fiscal prudence—the ability of the government to balance its budget and manage the finances of the country responsibly—is an increasing concern for Canadians. According to a recent Nanos poll, a majority of Canadians now favour balancing the federal budget more than continuing to run deficits to finance spending. Unfortunately the Trudeau government is focused almost […]