More federal labour regulations mean fewer jobs

Commitment to strengthening “labour protection” for workers in the gig economy will discourage hiring

More federal labour regulations mean fewer jobsMost of the headlines from the Liberal budget were about the big dollar expenditures: tens of billions in new spending on child care, corporate welfare handouts (even excluding pandemic-related supports), student debt relief, climate change programs, Indigenous services, and much more. All this spending will reduce economic growth by shifting economic control from the private…

What Canadians can expect in the coming year

The good news? Pandemic under control. The bad news? Very slow growth, high debt, higher taxes, high unemployment

What Canadians can expect in the coming yearThe future is imaginary, said philosopher Baruch Spinoza. We don’t and can’t know what will happen in the future and last year certainly demonstrated that. Nevertheless, the desire to see what the new year will bring always overcomes the future’s inherent mystery. We peer into our crystal balls and bravely prognosticate, knowing full well that…

In crisis, radicalism works against balance and progress

Far-left activists and politicians are recruiting and radicalizing in the same way far-right groups did back in the 2008 crash

In crisis, radicalism works against balance and progressCOVID-19 lockdown measures are opening the door to extremists, not just because people are spending more time on the internet at home, but because of the huge impact lockdowns had on the economy and employment. Much like the 2008 stock market crash, which facilitated a substantial rise in far-right extremism, lockdown measures impacted low-wage workers…

Second time’s the harm when it comes to lockdowns

It’s not the headlines that kill, it’s the many burdens caused by lockdowns that render small businesses unprofitable

Second time’s the harm when it comes to lockdownsAcross Canada, as COVID-19 cases surge, there’s talk of locking down again or of tightening second lockdowns. Of course, we haven’t even settled whether lockdowns were the proper solution in the first place, given the enormous collateral damage in unemployment, bankruptcies, and the physical and mental health of millions, amid a virus that overwhelmingly targets…

Getting through a COVID-19 winter

A better future awaits if we use this period of uncertainty to work on our mental, physical and career well-being

Getting through a COVID-19 winterDread isn’t too strong a word to describe the feelings many have about the winter about to start. The COVID-19 virus is reason enough to worry. There’s not much individuals can do about that except follow all the good advice about staying safe. However, there are two other major depressing impacts of COVID-19 that we…

Unemployment spike may trigger rethink of EI program

As the system increases in generosity and accessibility in Atlantic Canada, it may perpetuate the nation’s problems with EI

Unemployment spike may trigger rethink of EI programBy Alex Whalen and Fred McMahon The Fraser Institute The spike in unemployment across Canada due to the COVID-19 pandemic has triggered changes in the employment insurance (EI) program. And those changes could lead to significant problems. When unemployment grows in any of the country’s 62 EI regions, eligibility and benefits change along with it.…

Invest in social infrastructure rather than handouts

It not only generates jobs in the short term, but results in greater productivity, employment and tax dollars in the future

Invest in social infrastructure rather than handoutsHow the economy will be rebuilt in the wake of the COVID-19 pandemic is a major concern for us all. There are many unknowns, making the near future and the years ahead even murkier than usual. So uncertain is Canada’s federal government about economic and financial prospects that it’s not producing a budget, or even…

Mortgage misery awaits too many Canadian families

At the heart of the COVID-19 crisis sits the Canadian Mortgage and Housing Corp. and its low-income borrowers

Mortgage misery awaits too many Canadian familiesThe shutdowns ordered by Canadian governments to slow the spread of COVID-19 have caused unemployment to leap. And put mortgages in peril. Many of the millions of workers laid off have been low-income and lower-middle-income earners. They’re just the sort of people who qualify for home mortgages insured by the federal Canada Mortgage and Housing…

Human cost high from pandemic-driven joblessness

As government responds to COVID-19, it needs to think about the non-financial consequences of being out of work

Human cost high from pandemic-driven joblessnessGovernment needs to keep the non-monetary aspects of work in mind while supporting those rendered jobless by the COVID-19 pandemic. Concern about COVID-19 has ravaged Canada’s labour market. Staggering unemployment numbers and the number of applicants for federal aid for laid-off workers dominate headlines. The unprecedented effort to make up for lost wages has been admirable and…

Put the Canadian economy back to work

Not every home should be isolated. Not every business should be shut. The harm is too great to society. We need better solutions

Put the Canadian economy back to workAs Canada enters its fifth week of restrictive measures as a result of COVID-19, money is starting to flow from governments to individuals and businesses. Yet, despite these measures, businesses are struggling and many won’t reopen after the lockdown ends. A survey by the Canadian Federation of Independent Business published on April 5 found that…
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