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Bell's buyout of MTS will be good for consumers, study argues.
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Sometimes, if not most of the time, a policy sounds really good on paper. But once implemented, it does not work as intended and produces poor results. Experts then say: "Politicians didn't enact it properly, it wasn't exactly what we recommended." But once a policy has been adopted, don't try to get rid of it even if its effect is not what was promised.
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Without the forest and the economic activity it generates, the North Shore, the Saguenay-Lac-Saint-Jean and all the other forest regions of Quebec would not have experienced the same level of economic development that has benefited all Quebecers. However, forestry activity could fall sharply in the fairly near future.
the notion that there are a lot of Canadians who are stuck in a cycle of poverty, in this day and age, is simply mistaken. The research is very clear on this question: Social mobility is high in Canada. In other words, despite what you may have heard, the poor are getting richer, too.
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I almost spit out my coffee the other morning when I stumbled upon this piece by a fellow named Christopher Elliott. In it, he argued that having enough room for your legs on an airplane should be a "human right." One has to be willfully ignorant to not understand that this type of regulation, if adopted, would raise the cost of airline tickets everywhere.
Alberta's Jobs Minister Lori Sigurdson announced at the end of June that the new government would be raising the province's hourly minimum wage from $10.20 to $11.20 come October.
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MONTREAL - The governor of the Bank of France says a lengthening the work week and other changes are needed to restore the competitiveness of European economies.Christian Noyer told reporters at the M...
Canada is the world’s second-most popular destination for Bitcoin investment, according to a new report from a Montreal think tank. But , it warns, the country’s economy will miss out on a Bitcoin-fue...
It's a wonder that the heads of state and heads of government of the G20 who just met in Russia spent any time at all talking economics. Seriously, how could they pull themselves away from discussing Syria (or Sochi, or Snowden) long enough to actually focus on the international financial system? Sure, that's the explicit purpose of the G20 meetings, but still, let's give credit where credit is due.
Filling up at the gas station is certainly one of the ways to use oil that is most familiar to us. But guess what: of all the oil we use, only 43 per cent goes to fueling our cars. Given this, can we seriously consider ending our "dependence on oil", as some would suggest? Someone who wants to stop using oil will have to say goodbye to smart phones, ballpoint pens, candlelight, clothing made of synthetic fibers, glasses, toothpaste, tires (including those on bicycles), and thousands of other products made from plastic, a petroleum derivative.
Good luck with that program.
Perhaps you flew off for holidays this summer. Compare any return flights between pairs of cities in Europe and in Canada, with roughly the same distance, and you'll notice a staggering difference in price. Flying from an airport south of the border is cheaper, too.
Instinctively, everybody knows that job creation is something really important, both economically and socially. In a way, we should "thank" the job creators. But who is it, exactly, that we must thank? We might be tempted to believe that it is politicians.
"Aid is just a stop-gap. Commerce and entrepreneurial capitalism take more people out of poverty than aid." Though I strongly agree with these words, they came from someone just a bit more glamorous than me -- Bono. The West's relationship with the poor is based on condescension and charity. When it comes to helping the poor get out of the poverty trap, one should not be trapped in preconceived ideas.
At first sight, the reaction of the three big players to Verizon's possible entry onto the Canadian market seems to be another illustration of their tendency to quash competition. A casual observer might be tempted to think that they're trying to secure government protection against a new player that poses a real threat to their market shares. Nothing could be further from the truth.
The fact that the Lac Megantic rail tragedy hit so close to home should motivate us that much more to find solutions to keep such things from happening again. What's really inappropriate is pushing fantasies -- such as "freeing ourselves from our dependence on oil" -- when we're faced with a very real problem. In the short- and medium-term, oil will continue to be a part of our lives. All methods of transporting oil will remain relevant and necessary for some time yet. Pipelines, though, have the advantage of being by far the safest method of transportation.
Marc-André Gagnon, assistant professor at Carleton University, argues in a recent article that more than 80 per cent of new drugs entering the market are merely carbon copies of existing drugs -- commonly called "me-too" or "follow-on" drugs -- without any real therapeutic advance. Such criticisms, however, reveal a complete ignorance of the nature of the innovation process in the pharmaceutical industry.
Paying less for drugs sounds like a good idea, right? Well, as with everything else, one needs to look at the whole picture and see what he gets in return. With regards to bulk purchasing, although there might be some savings initially, it is clear that the long-term disadvantages of such a policy outweigh its short-term benefits.
Marc-André Gagnon, assistant professor at Carleton University. Gagnon, a long-time critic of the pharmaceutical industry, is concerned that overall drug expenditures are higher in Canada than in other developed countries. Gagnon's analysis is flawed in several respects.
After studying about three million cases, the authors of a new study found that for people who are older than 60, having a body-mass index (BMI) that ranks you as overweight may reduce your mortality risk. And while obese people had a greater mortality risk over all, those at the lowest level of obesity were not more likely to die during a given period than people of normal weight. The reception to this data has not been kind.
A conference was held a few weeks ago in Ottawa to discuss yet again the adoption of a pan-Canadian government-run drug insurance plan that would cover prescription drug costs for the entire population. Such a program would instead risk increasing the burden currently weighing down public finances. Such a plan would not only entail extra costs for taxpayers, but would do nothing to change governments' current propensity to restrict and delay access to new drugs. Foreign experience can teach us much about the dangers of adopting a monopolistic drug insurance system in Canada.
Empirical studies on the matter carried out here in Canada are unequivocal: Raising the minimum wage leads to increased unemployment, especially among the young, who have less experience and qualifications.
If Canada has a weight issue (and increasing amount of studies say that it definitely does), should our physicians be doing more? The answer seems to be yes, but the problem is that docs aren't doing much in terms of preventative care for their patients.
The federal minister of Finances, Mr. Jim Flaherty, made public comments and exerted pressures for Manulife Bank to withdraw its offer for a five-year-fixed mortgage rate of 2.89 per cent. NPD leader Thomas Mulcair accused Mr. Flaherty of using his position of power inappropriately. I couldn't have said it better myself.
Media around the world have devoted a great deal of coverage to the death of Hugo Chavez, who passed away last Tuesday after losing his fight against cancer. His legacy as the President of the "Bolivarian Republic of Venezuela" needs to be seen in the light of a long tradition of populism in Latin American history.
The recent changes to the employment insurance (EI) system implemented by the Conservative government continue to fuel discontent in the eastern provinces of Canada. Under the new rules, frequent user...
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We cannot deny the fact that the costs of prescription drugs have been increasing at a considerable rate over the last few decades. While total healthcare spending per capita has almost tripled during this period, per capita expenditures on prescription drugs have increased six-fold. But should this trend be a source of concern?
While several countries, mostly in Europe, continue to struggle economically, one country stands out as an example to follow: Sweden. For almost two decades, the Scandinavian country has managed to maintain strong economic growth despite levels of taxation and public spending that rank among the world's highest.
Following the approval of the Canadian Auto Workers (CAW), the union is about to merge with Communications, Energy and Paperworkers (CEP) and will form the largest private sector union in Canada. Unfortunately, unions have set compulsory membership in various collective agreement and dues are mandatory in Canada even when unions use them for political or ideological purposes. Individual workers should also be able to choose to associate or not. It's a basic right.
MONTREAL - Canada's wireless services are competitive with global peers both on prices and available technology and any new regulation could hinder advances, a new report suggests.Canadian wireless pr...
How do governments "create" money? That is the very relevant question a Sun reader asked me after reading one of my columns. Well, physical cash is only a tiny portion of existing money. Most of it nowadays simply exists as digits in computers. Granted, monetary economics is one of the most boring and technical topics in the field of economics. But given what is at stake in this risky experiment, we all have an interest in better understanding what is going on.
I saw two young men wearing red t-shirts with the letters "CCCP" emblazoned in yellow across their chests. They thought it was cool. The scope of the Soviet regime's atrocities should be widely known among both young and old. The fact that it is not widely known is a sad indictment of our educational systems.
MONTREAL - Four people were being detained in connection with the smoke-bomb attacks that crippled the Montreal subway system.Police said the four turned themselves in to authorities, accompanied by t...