Give us our daily bread: why a food cartel probe is necessary

Give us our daily bread: why a food cartel probe is necessary
The Competition Bureau’s investigation into bread pricing is likely intended to tell Canadian grocers to stop squeezing food processors By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies Is a bread cartel alive and well in Canada? The Competition Bureau is investigating major grocery chains in search of evidence of retail bread price fixing. Loblaws, Sobeys, Metro, Walmart and... Read More

Don’t rely on governments to spur technological breakthroughs

Don’t rely on governments to spur technological breakthroughs
Governments only role should be to ensure that intellectual property (IP) rights are protected By Joseph Quesnel Research Associate Frontier Centre for Public Policy Human ingenuity – often motivated by profit – is generally miles ahead of government regulations in resolving problems in society. Take, for example, the issue of orphan wells in Alberta. In September 2016, the Alberta Energy... Read More

Time to turn the tide against anti-petroleum politicians

Time to turn the tide against anti-petroleum politicians
Ordinary Canadians need to protect their investment in the resource sector – and the quality of life we enjoy because of it – from the duplicity of politicians By Bill Whitelaw President and CEO JuneWarren-Nickle’s Energy Group Canada has millions of passive oil and gas investors who just don’t know how their dollars are working for them. They have no... Read More

Economic storm clouds on Canada’s horizon

Economic storm clouds on Canada’s horizon
This year’s uptick in economic growth has nothing to do with current government policy that is expected to hamper future business expansion By Charles Lammam and Hugh MacIntyre The Fraser Institute During the recent federal fiscal update, Finance Minister Bill Morneau said higher-than-expected economic growth for 2017 is evidence that the government’s plan is working. In reality, however, little of... Read More

U.S. reduces softwood lumber duties for all but two Canadian producers

U.S. reduces softwood lumber duties for all but two Canadian producers
MONTREAL — The U.S. Department of Commerce has reduced softwood lumber duties for all but two Canadian producers. In its final determination released today, most Canadian producers will pay a combined countervailing and anti-dumping rate of 20.83 per cent, down from 26.75 per cent in the preliminary determinations issued earlier this year. The rate for Montreal-based Resolute Forest Products (TSX:RFP)... Read More

Alphabet chairman concerned about ‘wedges’ between U.S.-Canada relations

Alphabet chairman concerned about ‘wedges’ between U.S.-Canada relations
TORONTO — The chairman of Google’s parent company says he is concerned that politics in the U.S. will drive various wedges in the historically excellent relations the country has had with Canada. Alphabet Inc. chairman Eric Schmidt says the U.S. is currently focused on identity politics over value politics, in contrast to Canada. Schmidt made the comments today during an... Read More

Stocks creep higher in Toronto as U.S. stock markets mixed; Loonie up

Stocks creep higher in Toronto as U.S. stock markets mixed; Loonie up
TORONTO — Canada’s main stock index crept higher in late-morning trading as the financial and materials sectors gained ground. The S&P/TSX composite index was up 3.28 points to 16,032.61, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 12.27 points to 23,447.28. The S&P 500 index was down 3.87 points to 2,575.49 and the... Read More

Site C dam not within budget, could cost more than $10B: utilities commission

Site C dam not within budget, could cost more than $10B: utilities commission
VICTORIA — The British Columbia government will decide the future of the Site C hydroelectric dam by the end of the year after an independent review concluded the $8.3 billion megaproject is over budget and behind schedule. The British Columbia Utilities Commission says the dam is not likely to be completed by a 2024 deadline and could end up costing... Read More

Number of foreign homebuyers up slightly in Metro Vancouver

Number of foreign homebuyers up slightly in Metro Vancouver
VICTORIA — The latest property transfer data released by the British Columbia government shows the percentage of sales involving foreign nationals in Metro Vancouver inched up between April and September. The data shows five per cent of the 6,105 property transfers in September involved foreign nationals, up from 2.5 per cent in April. That remains far below the percentage of... Read More