S&P Pantsed by US Treasury

I have been reluctant to condemn the credit-rating agencies for sovereign downgrades because it seemed like shooting the messenger. As the bond markets have noticed, a few European countries have serious fiscal problems. Blaming the raters for also noticing did not seem like an effective response. However, I think that…
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Canada’s GHG Commitment Problem

For the past decade, Canada’s GHG emission targets were framed by the Kyoto Protocol, in which Canada committed to a 6% reduction in emissions by 2012 relative to 1990 levels (590 million tonnes of carbon dioxide equivalent, or Mt CO2e). In spite of signing this treaty and its ratification through…
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Clemens vs. Clemens

Jason Clemens, who hangs his hat at several right-wing think-tanks (the Fraser, Pacific Research and Macdonald-Laurier Institutes), lauds Canadian fiscal conservatism in today’s Wall Street Journal: Canada’s government, for example, has grown smaller over the last 15 years. Total government spending as a share of the economy peaked at a…
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Decarbonizing Homes and the Price of Gas

Our climate justice framework for BC is to eliminate fossil fuels by 2040. In the household sector, this poses a significant challenge, not so much in terms of technology and knowledge, but because natural gas is much cheaper than electricity per unit of energy. Even though BC has among the…
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Understanding Québec’s Orange Wave Part One: A Socialist Haven?

Simon Tremblay-Pepin is a researcher at IRIS a Montreal-based left-wing think tank. From an outsider’s point of view, the last federal election may give the impression that a majority of Québécois(es) have converted to social democracy and asymmetrical federalism. This analysis aims to demonstrate the shortcomings of such an interpretation,…
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Family Values and Budget Cuts

Once again, in the middle of summer, the anti-government government has unleashed more anti-policy policy via a compliant Statistics Canada. Who needs data when you’ve got family values? The Harper team knows what you need. (Hint: tax cuts. Oops! Not for you sister, if you’re a single mom.) The Globe…
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