OTTAWA – Corporate Canada is bracing for the latest economic challenge out of Washington: a tax-cutting plan for U.S. businesses that many fear would pose a considerable threat to Canadian competitiveness as well as Ottawa’s bottom line. The White House announced a tax-reform package Wednesday that included a proposal to significantly slash the top U.S. […]
Source: Global News
The number of people receiving income support in Alberta has jumped 28 per cent in the past year and the vast majority of that increase is among people who are looking for work — a consequence of federal EI benefits running out. “That’s what’s happening here,” said University of Calgary economist Ron Kneebone, who has been delving into the […]
Source: CBC
CANBERRA, AUSTRALIA – Australia has joined the club of power-market pandemonium created by heavy-handed government intervention. Wholesale electricity prices have doubled, equivalent to a $50-per-tonne carbon tax. Investment has come up short after Australia decommissioned 10 per cent of its power capacity since 2012. More bad news is expected. Consumers in the populated states will […]
Source: Financial Post
To no one’s surprise, Alberta did not slay the deficit dragon in its most recent budget. Or even introduce new weaponry for deficit slaying, or offer any new solutions to the problem. Instead, the red ink has spread and the hope seems to be that black gold will one day wash it away. Alberta is leaning on […]
Source: CBC
Some city councillors are overstaying their usefulness due to a political system that breeds conformity and undermines transparency, says a University of Calgary political scientist. That means Calgarians rarely “throw the bums” out at election time even when they might deserve it, said Anthony Sayers of the U of C’s School of Public Policy. “City […]
Source: Calgary Herald