Shove EDC off taxpayers’ shoulders and into the private sector

Shove EDC off taxpayers’ shoulders and into the private sector
Canada’s export credit agency is good at what it does. But part of that is taking risks with taxpayers’ money. It’s time for that to end Export Development Canada (EDC) has a big problem – the kind of problem Crown corporations have no business courting. Canada’s export credit agency, EDC loaned Turquoise Hill Resources, a mining company, $1 billion. Unfortunately,... Read More

Dropping the gloves over pipelines

Dropping the gloves over pipelines
Kinder Morgan’s acknowledgement that doing business in Canada may not be worth the trouble represents a watershed moment in Canadian economic history Earlier this month, pipeline company Kinder Morgan announced it will suspend all “non-essential” activities and “related spending” on the federally-approved Trans Mountain pipeline expansion. In unusually clear language, Kinder Morgan explained that it can’t invest more money into... Read More

Things just aren’t what they seem

Things just aren’t what they seem
A recent book by best-selling detective author Michael Connelly is entitled Two kinds of truth. What he is referring to is the truth that a jury decides and the truth of what actually happened. This dual-reality can sometimes be found in various places in the world and its stock markets. Take for example, the switch of failed mining and oil and... Read More

Are food-sharing apps a blue ribbon-worthy idea or half-baked fad?

Are food-sharing apps a blue ribbon-worthy idea or half-baked fad?
TORONTO — Apps that allow home chefs to sell dishes prepared in their personal kitchens have cropped up in Canada, but uncertainties about health regulations and the strength of consumer demand are raising questions about whether the business models are blue ribbon-worthy or half-baked fads. Food-sharing platform LaPiat, which plans to launch in April, provides a platform for entrepreneurial cooks in the Greater Toronto Area to make some extra cash from... Read More

E-commerce not the only cause of death for Canadian malls

E-commerce not the only cause of death for Canadian malls
Malls were once a go-to shopping destination and a teenager’s hang-out of choice, but now face an uncertain future as some of their biggest tenants lay off employees, file for creditor protection or hang a “closed” sign in the window and leave for good. Beleaguered retailers have been quick to blame online shopping for their decline. But retail experts say scapegoating e-commerce is an oversimplification of a multifaceted problem: changing consumer tastes, demographic shifts, technological advances and... Read More

Questions help investors still the slippery siren’s call of investment bubbles

Questions help investors still the slippery siren’s call of investment bubbles
CALGARY — Financial planner Shawn Lantz of Edmonton says he knew the marijuana industry hype was getting out of hand when he got a call from an elderly client recently. “She’s a 68-year-old grandma … She phones me up and says, ‘Shawn, my kids bought this weed stock and it’s making lots of money. Should I buy some, too?'” He... Read More

The most irrational, damaging or downright dumb beliefs of 2017

The most irrational, damaging or downright dumb beliefs of 2017
A look back at 2017 shows far too many instances in Canada where we got it all wrong By Gwyn Morgan Contributor Troy Media For my first column of the New Year, I’ve dipped into my collection of irrational, damaging or downright dumb happenings in 2017. The year saw major breakthroughs in the use of genetically-modified human cells to treat... Read More

Alberta’s carbon policies damage province’s competitiveness

Alberta’s carbon policies damage province’s competitiveness
The province already lags behind many American states in key policy areas, including regulatory compliance and taxation By Kenneth P. Green, Elmira Aliakbari & Ashley Stedman The Fraser Institute The Alberta government recently announced new regulations aimed at providing emission-cutting incentives for industry. But it’s getting harder to attract capital to Alberta’s oil and gas industry due to regulatory and... Read More

Canada’s tax code is too complicated – even for CRA officials

Canada’s tax code is too complicated – even for CRA officials
As tax complexity grows, so do tax compliance costs. Canadians spend nearly $7 billion complying with the personal income tax system each year By Charles Lammam and Hugh MacIntyre The Fraser Institute Canada’s personal income tax system is complicated and the nuances are often cryptic. So citizens routinely rely on Canada Revenue Agency staff to help them navigate the system.... Read More

‘Fairness’ rhetoric masks an income tax imbalance

‘Fairness’ rhetoric masks an income tax imbalance
Not only does the top one per cent pay a disproportionate share of Canada’s taxes, its share has increased over the past two decades By Charles Lammam and Hugh MacIntyre The Fraser Institute For months, the Trudeau government has used the term “tax fairness” to justify higher taxes on entrepreneurs and incorporated professionals. While what’s a fair distribution of taxes... Read More