Category: Uncategorized
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Resiliency vs Efficiency: A Tricky Balance
A similar version of this article was published in the Globe and Mail on March 11, 2026 The continuing escalation of war in the Middle East and its economic repercussions are another test of how resilient the global economic system is to political shocks. In that context, Ottawa’s recent push to protect some industries, ramp…
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Canada may have to accept higher U.S. tariffs and unthinkable concessions
This article was published in the Globe and Mail on February 18, 2026 As the renegotiation of the U.S.-Mexico-Canada Agreement looms, game theory suggests Ottawa may have to accept higher American tariffs and make previously unthinkable concessions. The calculus has fundamentally changed. In previous negotiations, all three countries shared a commitment to the principles of free trade…
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What cost-of-living crisis? The data tell a different story
This article was published in the Globe and Mail on January 15th, 2026 A mid-December Abacus poll shows 62 per cent of Canadians identify high cost of living as their predominant concern. This worry isn’t unique to Canada; more than half of Americans, French and other Europeans cite cost of living as their main pressing issue. With…
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Carney brings great solutions, but is he misdiagnosing the problem?
This was published in the Globe and Mail on Nov. 26, 2025 Mark Carney’s economic agenda seeks to promote private investment by building infrastructure and providing more support to business – at least according to his speeches and the most recent budget. This approach echoes Stephen Harper’s 2006 strategy and differs markedly from Justin Trudeau’s vision of building a…
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Should Carney, the businessman, really run Canada like a business?
This article was published in the Globe and Mail on October 30th, 2025 As Prime Minister, Mark Carney has adopted the language of the private sector – talking up investments in targeted industries, housing construction, export marketing and public work force reductions. Commentators have said he is running the government like a CEO and will run Canada like a business.…
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How to reduce youth unemployment
This article was published in the Globe and Mail on October 16th 2025 Last Friday, labour-force statistics showed the unemployment rate held steady at 7.1 per cent in September and the youth jobless rate rose to 14.7 per cent. The difficulty young Canadians face in finding jobs drew considerable attention this summer. Commentators noted it was the…
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Improving productivity and bargaining power only sure way to reduce cost of living
Published in the Globe and Mail on August 28th Like his promise to get a good trade deal with the U.S., Prime Minister Mark Carney’s promise to bring down the cost of living for Canadians may be more difficult to achieve than he suggested during the election campaign. Any action to bring prices down would create more harm…
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We can make globalization great again
Published in the Globe and Mail on August 21st U.S. tariffs, manufacturing subsidies, and anti-immigration and isolationist policies reflect a population discontent with trade and globalization that has been growing since the financial crisis of 2008. While the U.S. government may be the loudest voice against globalization, similar nationalistic policies can be seen in many other countries,…
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A better way to help the working poor
This article was published in Policy Options on June 25, 2025: https://policyoptions.irpp.org/magazines/june-2025/minimum-wage-alternatives/ Minimum wages are going up – Quebec raised its rate on May 1 and Ontario and British Columbia followed on June 1. Some see the increases as insufficient to meet current costs of living while others argue they are too costly and will lead to massive layoffs.…
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Land shouldn’t be treated like any other property
This articles was published in the Globe and Mail on March 25, 2025 A new poll shows that the Trump psychodrama has replaced housing affordability as the top concern of Canadians. But housing problems have not disappeared. The housing crisis may even be exacerbated by the trade war and will surely be a big issue in this…