Loblaws subsidy underscores Canada’s flawed climate plan

Rather than relying on carbon pricing to make things happen, the government is picking winners and losers

Loblaws subsidy underscores Canada’s flawed climate planBy Elmira Aliakbari and Ashley Stedman The Fraser Institute The federal government announced recently that it will provide up to $12 million in subsidies to Canadian supermarket giant Loblaws Inc. for new energy-efficient refrigerators. Unfortunately, the subsidy proves again that the nation’s climate plan is severely flawed. According to the government’s news release, the subsidy…

Cost of housing pushing millennials to the suburbs

TD survey says young Canadians would prefer to live in urban neighbourhoods

Cost of housing pushing millennials to the suburbsA new survey says 81 per cent of Canadian millennials want to own a home but financial realities such as rising prices mean they have to look at the suburbs for affordability. The survey, released on Wednesday by TD, said 33 per cent of millennials say that city living is their preference but 64 per…

Canadian trade deficit narrows slightly

Economists call the latest StatsCan numbers disappointing

Canadian trade deficit narrows slightlyCanada’s merchandise trade deficit with the world has narrowed slightly going from $3.1 billion in January to $2.9 billion in February, according to Statistics Canada. The federal agency reported on Wednesday that following two consecutive monthly increases, total imports declined 1.6 per cent to $50.9 billion in February. Imports were down in eight of 11…

Mortgage stress test takes a bite out of new mortgages

Accounted for an estimated 50 to 60 per cent, or between $13-$15 billion, of the overall decline

Mortgage stress test takes a bite out of new mortgagesThe mortgage stress test, B-20, accounted for an estimated 50 to 60 per cent, or between $13-$15 billion, of the overall decline in mortgage originations (the process by which a borrower applies for a new loan, and a lender processes that application) throughout 2018, according to a new report released Tuesday by CIBC Economics. The…

Vancouver’s bike-walk bias is costly and unjustified

Money budgeted for an elevated greenway for walkers and bikers should go to housing the homeless or easing traffic congestion

Vancouver’s bike-walk bias is costly and unjustifiedVancouver is a great city. For people like me who use their feet for most of their transportation, it’s wonderful. But sometimes city decision-makers go overboard. For recreation and exercise, there’s the 28-km seawall, part of which circles Stanley Park. It’s been voted the best place to run in Canada. There’s also the nine-km Arbutus…

Taube: Jason Kenney right person to lead Alberta

This is good political and economic news not only for the province, but the entire country

Taube: Jason Kenney right person to lead AlbertaAlbertans will head to the ballot boxes today. Who will they choose to lead the next provincial government? Recent public opinion polls show Jason Kenney’s United Conservative Party leading Premier Rachel Notley’s NDP by a comfortable margin. Pollara Strategic Insights has the UCP ahead by 45 to 38 per cent (April 10), Nanos Research suggests…

Notre Dame inferno a towering metaphor for modern society

A building like the great cathedral casts us moderns, who think we’re so smart, in a pallid light

Notre Dame inferno a towering metaphor for modern societyFire destroyed much of Notre Dame de Paris on Monday. The loss is impossible to calculate. Whatever rebuilding efforts the French government and the Catholic church mount, the building will never be what it was. It’s almost best that they leave the ruins as they are. But rebuild they must. I visited Notre Dame once.…

Small businesses hurting from not being paid on time

71 per cent of Canadian freelancers and micro-businesses struggle to get paid on time

Small businesses hurting from not being paid on timeIt’s an issue that many Canadian entrepreneurs face – getting paid in a timely fashion. Now, a new survey released Monday by Interac Corp., indicates just how big of an issue it has become. The survey said 71 per cent of Canadian side hustlers (freelance or piecework in nature, providing a supplemental income) and micro-businesses…

The ‘A’ words – autism and advocacy – go hand in hand

With early intervention and the right supports, children with autism can learn and thrive. But too many doors are closed to these children

The ‘A’ words – autism and advocacy – go hand in hand“As soon as I mentioned the ‘A’ word, I knew she would not be calling me back.” This was what one of the parents I met at my preschool told me it was like trying to register her son with autism in a non-specialized local community program. Once the registrar heard the word autism, they…

House prices falling across Canada

Calgary and Edmonton hit hard, according to report from real estate association

House prices falling across CanadaHouse prices are falling across the country, with significant declines in March in the Calgary and Edmonton regions. According to its regular monthly report, the Canadian Real Estate Association said the aggregate MLS benchmark price across Canada of $617,200 was down by 0.47 per cent year over year during the month. The report said the…