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The disappearance of many jobs over a short period could severely strain our social welfare models
The revolution of automation and artificial intelligence (AI) will be one of the most profound economic shifts of this century. It’s already well underway and public policy must meet the challenge. Populists on the left and right often blame free trade for North American job losses in manufacturing, though automation is actually the main culprit.…
Enbridge Gas New Brunswick operates and maintains more than 1,200 km of natural gas distribution pipeline
Enbridge Inc. is selling its Enbridge Gas New Brunswick business to Liberty Utilities (Canada) LP, a wholly-owned subsidiary of Algonquin Power and Utilities Corp., for a cash purchase price of $331 million. Enbridge said closing of the deal is subject to the receipt of regulatory approvals and other customary closing conditions expected in 2019. “This…
Investment makes workers more productive, creates better jobs and drives income growth. Fracking offers a simple, safe solution
By Matthew Lau and Marco Navarro-Genie Atlantic Institute for Market Studies The new government in New Brunswick faces no shortage of challenges. One of the most important to address is the dearth of business investment in the region. Hydraulic fracturing offers a solution. On a per capita basis in 2017, investment in non-residential structures, machinery,…
Adopting the Alberta charter school model would give parents and children more choice and allow them to enjoy the benefits of competition
Canadians experience the enormous economic benefits of competition daily. For most consumer goods, over time, Canadians pay less and get more. Businesses compete to offer customers the best products at the lowest prices; those with offerings that consumers judge unsatisfactory are eventually forced to go out of business. As long as there’s competition, consumers are…
The view along the Fundy Trail offers something at every compass point – crashing waves, rocks, hills, forests, waterfalls and streams
This is the first of a five-part series on travel on Canada's East Coast. On my recent trip to New Brunswick, I finally drove the Fundy Trail and saw Fundy National Park. It inspired me to sell the province a new tourism slogan. The slogan, worth millions, is “Get Off The Road!” I’m also considering…
Billions of dollars in spending announcements allow politicians to burnish their green credentials. But they don't get the job done
“Around the world, businesses, governments and experts agree that carbon pricing is the cheapest and most efficient way to cut carbon pollution,” Catherine McKenna, Canada’s environment and climate change minister, recently tweeted. If what she says is true, it means all other anti-carbon strategies – including regulations and subsidies – are unnecessarily expensive and inefficient.…
P.E.I. has added itself to the list of carbon tax opponents, following Premier Doug Ford of Ontario. And the list is growing
If there ever was a federal carbon tax consensus in Canada, it's now dissolving. Rumours of its death have been floating for some time, but the recent Prince Edward Island announcement rejecting it has the feel of an unofficial invitation to its wake. Did the smallest provincial jurisdiction in the country kill Prime Minister Justin…
The revolution of automation and artificial intelligence (AI) will be one of the most profound economic shifts of this century. It’s already well underway and public policy must meet the challenge. Populists on the left and right often blame free trade for North American job losses in manufacturing, though automation is actually the main culprit.…
