Ban on hydrocarbons: Quebec is asleep at the well

Quebec turning itself into an object of international ridicule

Ban on hydrocarbons: Quebec is asleep at the wellJust as the world is suffering through a natural gas shortage and prices are soaring, Quebec is thumbing its nose at the chance to become a leader when it comes to locally produced energy. Against all economic and even environmental logic, the Quebec government recently decided to definitively ban fossil fuel exploration and development in…

Taxing savers is not the solution to Canada’s economic woes

Governments have to stop giving in to populist pressures

Taxing savers is not the solution to Canada’s economic woesNow that the federal election is over, several financial sector experts and economists are turning their attention to the Trudeau government’s promise to raise the corporate income tax rate for banks and insurance companies from 15 per cent to 18 per cent. But while attacking these financial giants can pay off politically, the fact is…

How to reduce our emissions without penalizing rural regions

Policies should be fair for all Canadians, regardless of where they happen to live

How to reduce our emissions without penalizing rural regionsBy Miguel Ouellette Olivier Rancourt and Krystle Wittevrongel Montreal Economic Institute Reducing our greenhouse gas emissions is one of the big concerns of our age. The numerous diverging interests pitted against each other on this issue make it a real puzzler for policy-makers, though. After many years of public policies aimed at reducing GHGs, layered…

To share wealth you first have to create it

MacKenzie Scott's fuzzy criticisms of capitalism

To share wealth you first have to create itBy Bradley Doucet and Miguel Ouellette Montreal Economic Institute Allow us to join in the chorus of praise for the charitable giving of MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, who announced last month that she had given away another $2,739,000,000 to 286 organizations. Private philanthropy is part of what makes the world…

The benefits from Big Pharma more obvious than ever

Why are we biting the hand that saved us?

The benefits from Big Pharma more obvious than everFor some people, no good deed deserves to be rewarded – at least not by making a profit, which they treat as if it were a dirty word. Even saving millions of lives, as pharmaceutical companies have undoubtedly done by delivering safe and effective COVID-19 vaccines to market in record time, is no excuse for…

Trudeau budget takes on a reckless amount of new debt

Another step toward irresponsible indebtedness

Trudeau budget takes on a reckless amount of new debtBy Miquel Ouellette and Maria Lily Shaw MEI The recent budget presented by the Liberal government of Justin Trudeau – its first in over two years – is another step toward irresponsible indebtedness that will burden an entire generation of Canadians, if not more. On top of the hundred billion dollars of new spending, the…

What does Trudeau have against the airline industry?

The short-term consequences of his inaction will become permanent

What does Trudeau have against the airline industry?It’s now clear that the Trudeau government will never be known for its operating speed or its strategic thinking when it comes to crisis management and public policies. Right from the start of the pandemic, the federal government was odd-man-out when it tried to reach an agreement with China to develop a new vaccine. That…