Ontario must quickly balance budget in wake of pandemic

Deficits might seem like an abstract problem for the future but in Ontario this simply isn’t the case

Ontario must quickly balance budget in wake of pandemicBy Steve Lafleur and Jake Fuss The Fraser Institute New Ontario Finance Minister Peter Bethlenfalvy inherits a difficult job from Rod Phillips. The province’s fiscal challenges long predate the pandemic. The province has mostly run uninterrupted budget deficits since 2008-09. The governments of both Dalton McGuinty and Kathleen Wynne sketched out long paths to budget…

Thankfully 2020 is over, but we’re not out of the woods yet

There's that little matter of actually rolling out the vaccines on a much wider scale in Canada

Thankfully 2020 is over, but we’re not out of the woods yetSad to see 2020 go? You’re in the minority … of one. Everyone else was quite ecstatic to roll out the welcome mat for 2021. The biggest issue we faced in 2020 was obviously the coronavirus pandemic. More than 85 million people have tested positive for COVID-19 worldwide, leading to nearly 1.85 million deaths as…

Higher electricity costs disproportionally hurt southwestern Ontario

A cautionary tale about how higher energy prices lower competitiveness and damage economic prosperity

Higher electricity costs disproportionally hurt southwestern OntarioBy Elmira Aliakbari and Jason Clemens The Fraser Institute Ontarians understand the personal costs of increased electricity prices caused largely by the province’s Green Energy Act. But the effect on Ontario’s competitiveness, particularly in manufacturing, has been largely ignored even though the costs continue to be substantial. The Green Energy Act mandated and subsidized renewable…

$2 billion(!) payment to dairy farmers all about politics

The Trudeau government is raiding our Covid-19 starved pockets to send $36 from each of us to rich dairy farmers

$2 billion(!) payment to dairy farmers all about politicsAgriculture and Agri-Food Minister Marie-Claude Bibeau chose a Saturday, hours before a long-awaited federal economic update, to offer more non-COVID-19-related compensation to Canada’s supply-managed farmers. Eighty-one per cent of dairy farmers are located in Quebec and Ontario. Compensation was expected but how it was done was a little strange. Few in the industry knew what…

Nuclear industry could boost Canada

A real game-changer for the energy economy, and the environment

Nuclear industry could boost CanadaThe COVID-19 crisis has dominated most recent media coverage but environmental concerns remain. Friday for Future, the movement launched by Greta Thunberg, has come back to protest the federal government’s inaction on earlier green promises such as curbing greenhouse gas emissions. More and more, we’re seeing green activists fighting against industry and energy consumption. But…

The hazards of pursuing a green power utopia

The federal government’s plan to replace fossil fuels with wind and solar is technically impossible and economically disastrous

The hazards of pursuing a green power utopiaThe combination of wildfires along the U.S. Pacific Coast, two simultaneous hurricanes in the Gulf of Mexico, melting glaciers and peat bog fires in Canada, and an unusually hot summer in Europe has raised global warming fears to frenzied proportions. Environmentalists are urging political leaders to legislate the rapid phase-out of fossil fuels. Curiously, the…

Why Ontarians should care about Alberta oil and gas

Alberta’s consumers, businesses and governments were responsible for $31.4 billion of Ontario’s total interprovincial trade in 2016 alone

Why Ontarians should care about Alberta oil and gasBy Mark Milke and Ven Venkatachalam Canadian Energy Centre “All politics is local,” as 1980s-era U.S. House of Representatives leader Tip O’Neill put it. O’Neill’s point was straightforward: Voters care about what affects them. That, naturally, is where politicians then aim their promises and rhetoric. What’s true in politics is also true of the economy:…

Controversy embroils Liberal by-election candidate

Trudeau needs to explain why a possible 9-11 skeptic is his chosen candidate in Toronto Centre

Controversy embroils Liberal by-election candidateTwo federal by-elections, in Toronto Centre and York Centre, will be held on Oct. 26. These are both safe, urban Toronto seats for the Liberal Party and Prime Minister Justin Trudeau. It would be surprising if the Liberals lost either one or both of them. Even if they did, their minority government wouldn’t come crashing…

Lockdown hysteria defies COVID-19 reality

Given that infections don’t by a long shot equal hospitalizations, civil libertarians are rightly sounding warning bells

Lockdown hysteria defies COVID-19 realityOn Sept. 18, Israel became the first developed country to launch a second COVID-19 lockdown. It came four months after the first lockdown – instituted in March – ended. How Israeli citizens have reacted to the unsustainable nature of renewed lockdowns is instructive for the Canadian jurisdictions that have increased a rhetoric of fear about…

It’s time Canada stopped protecting its dairy industry

Governments tend to forget about consumers when managing supply. Open trade to more cheese and challenge our farmers

It’s time Canada stopped protecting its dairy industryCheese heads – it’s what Canadians are called in many of the United States border regions. It’s because when many Canadians visit their American neighbours, they head straight to the nearest supermarket and buy cheese – and milk and eggs. Dairy and eggs are much more expensive in Canada than in the U.S., even when…
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