Canada’s and Ontario’s respective finance ministers Chrystia Freeland (left) and Peter Bethlenfalvy (right). The federal Liberals present their budget Thursday, while the provincial PCs will do so by or before April 30. Photo credit: Reuters/Patrick Doyle and The Canadian Press/Christopher Katsarov Hold on to your wallets, Canadians. It’s government budget season, and the big […]
The oil and gas industry has proven that major environmental benefits can be achieved through innovation and creativity without threatening energy security, affordability, and a decent standard of living for Canadians. Photo credit: Cenovus Energy I spent a few days this week in Calgary attending a conference of energy industry executives, and it’s fair […]
While many in the private sector struggled, 2021 proved to be yet another profitable year for government employees – like teachers. Photo credit: Pexels/Thirdman It really is time for a tax revolt. If taxpaying private sector Ontarians were not already well aware that there are two classes of people in Canada, the recent release […]
Runaway inflation, helped along in part by reckless and/or absent government policy, is making an increasing number of Canadians worry about how they’ll put food on the table or gas in the tank. It will come as no surprise to most Canadians that a recent poll by Ipsos Reid showed that fully 60 per […]
As runaway inflation continues to hammer Canadian consumers, the Alberta government led by Premier Jason Kenney (pictured) recently announced it was suspending its 13 cent per litre tax on gasoline. Photo credit: The Canadian Press/Jason Franson A couple of weeks ago, the Alberta government made the welcome announcement that it would be suspending its […]
Bill 67, introduced by NDP MPP Laura Mae Lindo (second from left), recently passed Second Reading in the provincial legislature with almost all MPPs of all political parties supporting it. Photo credit: Ontario NDP Last week, a piece of legislation called Bill 67: Racial Equity in the Education System Act, received Second Reading in […]
The truckers’ protests – and all the lies that were and continue to be told about it – spotlighted the growing chasm between the so-called elites in government, academia and the professions whose lives are comfortable and secure, and the lower- and middle-class working Canadians who are being buffeted by inflation, housing unaffordability, high taxes […]
Even after all the draconian rules and regulations are long gone, small businesses, like they have throughout the pandemic, will continue to suffer the most from the government’s ostensible attempts to “slow the spread”. Photo credit: Getty Images/The Business Journals What a long, strange trip it’s been. For just about exactly two years, Canadians […]
Photo credit: SRP It is no secret that there is currently and has been for some time an acute shortage of skilled tradespeople, and that this shortage will worsen in future. Over the next few years, there is expected to be 350,000 vacancies in skilled trades positions in Ontario alone. The shortage is being […]
The province’s financial watchdog recently revealed that the Doug Ford government spent $5.5 billion less than was previously forecast for the first three quarters of the current fiscal year. Photo credit: Twitter/Doug Ford Cue the outrage. The latest report of Ontario’s Financial Accountability Office (FAO) came out this week and found that the province’s […]
Premier Jason Kenney fist bumps an Alberta MLA after finance minister Travis Toews delivered the 2022 budget in Edmonton, Feb. 24, 2022. Photo credit: The Canadian Press/Jason Franson If there was a race to see which province could bring their budget back into balance following the pandemic government spend-fest – and there should be […]
In the last few years, several dozen municipalities in Ontario have committed to phasing-out natural gas by decade’s end. Currently, 75 per cent of households in the province use natural gas for heating. Photo credit: Enersure Most Ontarians would be surprised to find out that over the past couple of years a growing number […]
For decades, Canada’s economic and social success has been based in part on the existence of a healthy and sizeable middle class. A key characteristic of Canada’s middle class is the prevalence of home ownership, which is one of the few means that average people have to accumulate wealth. The current housing crisis is threatening […]
Canada has a proportionately larger baby boom generation than many other developed countries, which means the demands for additional government spending on seniors will continue to grow in the years ahead. Photo credit: Pexels/Andrea Piacquadio The good news is that Canadians are living longer, healthier lives than ever before. All indications are that this […]
Ontario Minister of Finance Peter Bethlenfalvy. On Monday, Minister Bethlenfalvy released the province’s third quarter finances – once again, they’re better than expected. Photo credit: CTV News Hot on the heels of last week’s financial report from the Financial Accountability Office of Ontario (FAO), the Ontario Finance Minister has released the third-quarter of 2021 […]
The province’s fiscal watchdog predicts sunnier than expected days ahead. Photo credit: Reuters This week, the Financial Accountability Office of Ontario (FAO) released a report on its expectations for provincial government finances for the next couple of fiscal years. The FAO used the government’s data contained in the Fall Economic Statement from November of […]
The previously ‘Open for Business’ Ford government has created a new registry that appears to be another version of a carbon credit system. Photo credit: Bloomberg For some unknown reason, it seems that the Ford government has been captured by the “green” lobby. In a recent announcement, the government heralded the creation of an […]
Ontario’s St. Marys Cement (pictured) has figured out a way to offset the environmental impact of conducting business. Photo credit: St Marys Cement The climate crusade to force the developed world to greatly reduce their dependence on relatively affordable and reliable fossil fuels and replace them with the much more expensive and unreliable green […]
Premier of Alberta Jason Kenney pays a visit to one of the province’s oil producers in Jul 2020. Photo credit: Twitter/Jason Kenney Although many of our politicians and environmental advocates these days like to say that oil and gas have had their day, the facts show that the Canadian industry is actually enjoying quite […]
With yet more job action seemingly on the horizon, Swift suggests public education should be declared an essential service and strikes outlawed. Picture from an Ontario English Catholic Teachers Association picket line in Ottawa, Feb. 4, 2020. Photo credit: Postmedia/Errol McGihon It is difficult to believe that the Ontario teachers’ unions could get even […]
ESG (Environmental, Social and Governance) is everywhere these days, imposing its heavy hand on financial markets and setting out new conditions businesses must comply with if they want to access financing. ESG is basically a means of evaluating a company’s eligibility for financing based on non-financial criteria such as the company’s environmental practices, social criteria […]
Premier of Manitoba Heather Stefanson. Like Saskatchewan’s Scott Moe, Stefanson is hoping to craft a made-in-province carbon pricing plan that will be approved by the federal government that aligns with Manitoba’s unique needs and desires. Photo credit: CBC After having had some experience with the federally imposed carbon tax, and having lost constitutional challenges […]
Premier Ford hit a new low of 30 per cent approval. Photo credit: The Canadian Press/Nathan Denette The latest approval ratings for the various provincial premiers have come out from the Angus Reid Institute and, as always, there is good news for some and bad news for others. In the good news column, relatively […]
Premier Doug Ford (left) and Minister of Education Stephen Lecce (right). Ontario students return to in-person learning on Monday – and it’s about time. Photo credit: The Canadian Press/Carlos Osorio After an extended Christmas break, Ontario appears set to once again open the schools to in-person learning on Monday, barring some unexpected circumstances that […]
Former head of the provincial Liberal Party and Premier of Ontario from 2013 to 2018 Kathleen Wynne. Photo credit: The Canadian Press/Chris Young Perhaps the COVID vaccines have a little bit of truth serum in them, as some painful truths are finally emerging from various quarters. One of the more recent instances involved former […]
To promote a distorted sense of equality, the Ontario Superior Court recently ruled that prospective teachers no longer need to pass a simple math comprehension test to serve as educators in the province. Photo credit: Getty Images/Sam Edwards One of the developments over the Christmas holidays that didn’t get the attention it deserved was […]
One way to promote unity may be to force public officials – those making all the pandemic-related decisions – to experience the same economic hardship many Ontario residents must endure every time further restrictions come into place. Photo credit: The Canadian Press/Nathan Denette The ever-quotable American economist Thomas Sowell said that “It is hard […]
Prediction number four: following another electoral defeat in June, the 2022 provincial election will be Andrea Horwath’s last as leader of the Ontario NDP. Photo credit: The Canadian Press/Chris Young ‘Tis the season for predictions, and as an economist and political junkie I can’t resist the urge. Here are five shots in the dark […]
Photo credit: Getty Images As promised, I have reviewed my prognostications made a year ago to see if my track record has improved any from previous years. Overall, it looks like my crystal ball got a little clearer, but still leaves much to be desired. My first prediction involved whether Canada would have a […]
Premier Doug Ford (pictured) heads into the holidays with a sizeable lead over his NDP and Liberal competitors, according to a recent opinion poll. Photo credit: The Globe and Mail It seems that the Ontario Progressive Conservatives just received an early Christmas present in the form of the latest opinion poll on how voters […]
Having been thrust into multiple lockdowns since the start of the pandemic, more and more Canadians starting to view the cure as worse than the disease. Photo credit: Toronto Star/Richard Lautens Just in time for Christmas, the most recent COVID-19 variant has come on the scene to once again induce fear and loathing in […]
A new report released by the Fraser Institute found that Canadians waited on average 25.6 weeks between doctor referral and treatment in 2021. The Fraser Institute has been doing an annual survey of physicians across 12 medical specialties since 1993 to document the length of time Canadians need to wait for various medical procedures. […]
Primary author of the ‘Report of the public inquiry into anti-Alberta energy campaigns’ Steve Allan. Photo credit: Postmedia/Jim Wells Alberta’s public inquiry into the activities of environmental groups opposing the oil sands and other fossil fuel developments released its report a couple of months ago and continues to be controversial. The inquiry, headed by […]
Per a recent study conducted by Leger on behalf of Second Street, two-thirds of Canadians are in favour of provincial governments hiring private clinics for surgeries to reduce wait times. Photo credit: LCM Architects For decades, the prevailing wisdom has been that most Canadians are quite satisfied with the state of our health care […]