Privatizing CMHC?

In a recent interview with the Globe and Mail, Canadian Minister of Finance Jim Flaherty expressed worries about the financial burden laid on taxpayers by having the Canada Mortgage and Housing Corporation (CMHC) deal and trade mortgages. As a remedy, he suggests privatizing the federal Crown corporation within the next…
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The Limits of Demography

Here is a piece I wrote for today’s Globe Economy Lab re the Department of Finance report on the costs of an aging society. The key point is that the mainstream doom and gloom projections of the costs of falling labour force growth  ignore the positive impacts which can be…
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Taxing the rich in Québec: major myth debunking

Québec has been immersed in the last weeks in much drama following a proposal to further tax the wealthiest. When the brand new Marois government took office (Parti québécois, PQ), it announced it would introduce new tax brackets for the wealthiest. A first bracket would have been added for income…
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Right-to-Work: The (Ayn?) Rand Formula

There’s reluctance among Canadian proponents to call for it by name. But Right-to-Work (longer, harder, without representation or recourse, for less money and fewer sick days or pee breaks) seems to be the flavour du jour amongst…ahem…politicians of a certain age. (By which I mean the Age of Dickens. Pip-pip,…
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