financial aid

5:00PM
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Trudeau government should cut strings on Ottawa’s ‘re-opening’ support

The Trudeau government plans to provide $14 billion in financial support for provincial governments across the country.


8:10AM
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Trudeau government reveals what it truly thinks about Canada’s energy industry

Canada’s energy sector employed (directly and indirectly) more than 830,000 workers.


12:05PM
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Quebec, Bombardier and the sunk cost fallacy

Bombardier has received billions in government aid.


2:00AM
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The well-known quip - The definition of insanity is doing the same thing over and over again and expecting different results - is often attributed to Albert Einstein or Mark Twain. Accurate attribution has never been confirmed.


2:00AM
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With sales and profits up at General Motors, proponents of the 2009 automotive bailout for GM (and Chrysler) now assert the taxpayer-financed rescue was a success. In a visit to Michigan in late January, U.S. president Barack Obama argued the deal saved jobs. Canadian politicians, including Finance Minister Jim Flaherty, who last summer incorrectly asserted taxpayers received all their money back, have made similar boasts.

Given the revisionist history in play, let’s place that 2009 deal in proper context.

2:00AM
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There will inevitably be a time over the Christmas holidays when we all bask in the joy and comfort of our friends and family. And so it should be as it is the spirit of the holidays. There will also, however, likely be a time when we’re reminded of the benefits of living in a developed country where war, starvation, desperation, and a lack of hope are not commonplace as they are for so much of the world’s population. Odds are that most of us will hear what has become the anthem for helping the world’s poor during the holidays: the 1984 call to arms Do They Know Its Christmas?