Tag: finance

  • 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…

  • 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.…

  • It is time to improve our countercyclical fiscal support

    This article (with a different title) was published in the Globe and Mail on March 6, 2025 Federal and provincial governments plan to introduce pandemic-style measures to support businesses and workers if the U.S. administration carries out its tariff threats. Experience with past recessions suggests there is a risk this support may come too late…

  • Disaster costs are overwhelming private insurance. We need a national public insurer

    This article was published in the Globe& Mail on January 13, 2025 The devastating wildfires around Los Angeles have caused more than US$100-billion in damages based on some estimates. These losses and increases in the scale and frequency of severe weather damage from hurricanes, tornadoes, flooding and forest fires will lead more insurers to pull back. Companies…

  • The federal government did not meet a fiscal guardrail. So what?

    This article was published in the Globe and Mail on Dec. 16th, 2024 Monday’s fall economic statement put the federal deficit for the last fiscal year at $61.9-billion. As a result, the federal government did not meet one of its fiscal guardrails. So what? Why are so many people up in arms that the government…