There are multiple reasons why governments choose the policy paths they do. Political survival is perhaps the most obvious explanation. But as with any organization, divesting of unnecessary businesses, projects and tasks that are off-mission helps sharpen the focus. That matters if one cares about smarter, more effective government.
Politicians are free to ignore the science, safety and history of hydraulic fracturing. But if the incoming New Brunswick government sticks with its election promise, it will outlaw (temporarily, at least) one of the more innovative ways to extract oil and gas in the 21st century. The science and risk-reward ratio are both on the side of hydraulic fracturing. The potential for a more dynamic economy is staring New Brunswick politicians in the face.
Alberta Premier Jim Prentice's energy policy comments are troubling. According to newspaper reports, Mr. Prentice has embraced the idea of replacing Alberta's coal-fired electrical generation, not with natural gas, but with renewable energy -- wind and solar power. But experience suggests that the bank accounts of Albertans will take a big hit should the plan move ahead.
Governments must make interest payments on their debt similar to families who pay interest on borrowing for mortgages, vehicles, or credit card spending. These interest payments leave fewer resources available for important priorities such as tax relief and spending on public programs such as health care, education, and social services.
A recent testimony before a U.S. Senate subcommittee by Dr. Danielle Martin, former head of the Canadian Doctors for Medicare, has given Canadians the chance to indulge in what may be a favourite pastime -- criticizing the American health care system. While the American health care system has some important shortcomings, the same holds true for Canada's. Inordinately long wait times, medical resource shortages, and ballooning healthcare costs have become defining characteristics of healthcare in our country -- and denigrating the American approach will not fix those problems.
That a considerable number of Canadians traveled and paid to escape the well-known failings of the Canadian health-care system speaks volumes about how well the system is working for them. It leaves open the question of just how many more Canadians might choose medical tourism outside Canada if given the opportunity.
Canada's taxpayers have been increasingly generous to Aboriginal Canadians over the decades, but that reality is not often the narrative one hears from selected First Nations leaders. Instead, the oft-stated opinion is that taxpayers should ante up ever more. A quick look at the numbers shows us why that view will always be tragically misinformed.
As almost everyone knows by now, Canada has some interesting challenges looming when it comes to transporting increasing oil production to markets both inside and outside of Canada. What many Canadians might not realize is how important oil exports are to Canada's economy, and how these exports may have become a crutch.
The tragedy in Nigeria is less about the oil itself than it is about failed governance. Without radical improvements in public policy, Nigeria will continue to be a poor destination for investment. That's bad for everyone. But don't blame the petroleum for the problems there -- blame the public policy.
Bombardier is a fine Canadian-based company and one hopes it prospers in the years ahead and employs even more people -- but without taxpayer assistance. Governments should not pick winners and losers with taxpayer money or prop up industries with funds from other sectors, companies and individuals.