National Newswatch

China and the CPTPP, Step One on Re-engaging

Oct 14 2021 — — China has formally applied to begin the process of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – news that did not come as a surprise to those who follow the agreement. The Chinese government has signalled its intention for years in policy statements that have been tracked by observers. In the interim, […]

The greatest tool in tackling climate change needs our help: nature

Sep 29 2021 — Catherine Grenier — As we begin to enjoy the fall colours and foliage, let’s consider what our forests provide. The short answer is, much more than we realize. The roots of trees, from BC’s hulking cedars to Newfoundland and Labrador’s rare black ash, reach out to us all, connecting Canadians to each other and to this land.  Even if you don’t live in or near a forest, we all […]

The expensive truth about a universal basic income

Sep 11 2021 — Tegan Hill and Jake Fuss — Since the beginning of the pandemic, with its lockdowns and restrictions, the idea of government providing a universal basic income has gained greater interest. Indeed, the idea surfaced (albeit briefly) in the federal election’s English-language debate Thursday night. A universal basic income (UBI) is one type of guaranteed annual income (GAI). A GAI broadly refers […]

Trudeau and O’Toole muddy their spending plans

Sep 3 2021 — Jason Clemens and Jake Fuss — During an election campaign, voters must weigh the costs and benefits of the promises made by each political party. As such, voter decisions rely on the transparency—or lack thereof—of the parties. When it comes to government spending, there are legitimate concerns about how transparent the two front-running parties are being about the costs of their […]

Reining in Drug Prices, Before Pharmacare Slips Away

Sep 2 2021 — Danyaal Raza — To the dismay of many, this election thus far has had little mention of pharmacare. The NDP has re-iterated their support for a universal, public program to start as early as next year, while the Conservatives have no platform mention of it at all, and the incumbent Liberal’s absence of timelines in this week’s platform […]

Afghanistan and the death of the liberal world order

Aug 24 2021 — Zach Paikin — The U.S. withdrawal from Afghanistan marks the definitive end of a three-decade-long historical parenthesis, bringing major implications for how Canadians should conceive of their country’s role in the world. As our political parties campaign across the country, it’s a perfect time to ask some hard questions about Canada’s foreign policy ambitions. The post-Cold War era […]

Muskrat Falls project illustrates problem with public ownership of large-scale projects

Aug 21 2021 — Jairo Yunis and Elmira Aliakbari — A couple of weeks before the election began, the federal government offered a multi-billion-dollar aid package to Newfoundland and Labrador to help the province complete the stagnant over-budget Muskrat Falls hydroelectric project. Ottawa will buy an equity stake in the project and provide loan guarantees as part of a $5.2 billion aid package. This represents […]

Learn from ‘Nixon shock’—control central bankers, limit ability to debase currency

Aug 14 2021 — Robert P. Murphy — This Sunday, Aug. 15 marks the 50th anniversary of the so-called “Nixon shock” in 1971 when the President Richard Nixon ended the convertibility of the U.S. dollar into gold. Although Nixon said the suspension would be temporary, and reassured Americans that the surprise move would “stabilize the dollar,” these were false promises. The closing of […]

Ottawa must exercise more control over borrowing and spending

Jul 27 2021 — Jake Fuss — During the pandemic, government budget deficits have grown substantially across Canada—at a time when interest costs are at historical lows. If interest costs return to the slightly higher levels of 2019, deficits would increase by billions for governments across the country. And yet, several governments (including the Trudeau government) show little concern over their high […]