One of the key components of a successful economy is its ability to attract investment – both from inside the country and from foreign sources. Attracting investment is especially important for Canada, as a relatively small open economy that is heavily dependent on trade. For decades, Canada was very successful as a desirable destination for […]
Government-run grocery stores seem to be the latest fad in politics across North America, with New York Mayor Zohran Mamdani, Toronto City Council, and NDP Leader Avi Lewis all championing them as a solution to today’s affordability crisis. A couple of months ago, Toronto City Council voted overwhelmingly to pilot four municipally operated grocery stores […]
Last week, Prime Minister Mark Carney prefaced the Spring Financial Update by announcing that he would be creating a new sovereign wealth fund called the Canada Strong Fund. This fund is supposedly intended to invest in key strategic Canadian projects, such as energy transition and critical infrastructure, to generate wealth for future generations. The federal […]
The future of 24 Sussex Drive is once again under discussion in Ottawa, as Prime Minister Mark Carney signalled last week a willingness to address the long-standing issue of the official residence that has sat vacant for more than a decade. Carney recently described the condition of the residence as “an embarrassment” and indicated he […]
Last month, when Liberals gathered in Montreal for their policy convention, much of the news that came out of the convention focused on floor-crossings and impending by-elections that ultimately delivered Prime Minister Mark Carney his coveted majority. But Liberals decided to both consider and support a number of important policies that, if implemented, could have […]
Hockey binds the Canada – United States relations; Prime Minister Mark Carney’s “elbows up” gameplan has set the tone for the latest tilt involving the Canada-U.S.-Mexico trade agreement. So, it was serendipitous what occurred at the recent hockey playoff game between Buffalo and Boston, when the anthem singer’s mic failed and went silent, and the […]
Entrepreneurship in Canada is on the decline and has been so for decades. In a recently released report, the Montreal Economic Institute (MEI) notes that, despite the fact that Prime Minister Mark Carney seems determined to focus on promoting major new nation-building economic projects, federal policymakers desperately need to focus on how to revive entrepreneurship […]
Canadian hockey fans are still waiting for their first Stanley Cup since 1993. Odds are, they will still be waiting when these playoffs end. The table is forever tilted against Canadian teams, not just because there are fewer of them, but because tax incentives lure great players south. The NHL’s salary cap is $95.5 million […]
“Canada is an energy superpower.” That’s a line Prime Minister Mark Carney and energy minister Tim Hodgson like to repeat often. Canada should be front and centre in global energy trade discussions given the gas shortages and price hikes caused by the Russian and Iranian wars, and the closing of the Strait of Hormuz, which […]
Nearly one year after the last federal election, Prime Minister Mark Carney has managed to secure his majority mandate. The merits of how he did it are likely to be a matter of debate and speculation for some time, but the bottom line is he is now in the driver’s seat. Blaming opposition parties for […]