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  1. Restore market forces to end Ontario’s hydro mess

    Appeared in the Financial Post, August 12, 2020 The cost of electricity has been a drain on Ontario’s economy and public finances for decades. Successive governments have meddled more and more in the market for electricity, with Ontario ratepayers and ...

  2. Ontario Government Perpetuates Poor Electricity Policy

    The sharply rising cost of electricity in Ontario for more than a decade has been a major drain on both the province’s economy and its public finances. Electricity prices for hydro consumers have risen by more than 50 percent since 2001, ...

  3. Focus on economic growth—not redistribution through tax hikes on the rich

    Appeared in the Financial Post, January 23, 2020 Two of the most misleading myths about recent economic trends in Canada are that the distribution of income is becoming more skewed to “the rich” and that these same “rich” largely avoid paying taxes. In ...

  4. Should Upper-Income Canadians Pay More Income Tax?

    The increasing focus on the distribution of income and taxes in recent elections is one consequence of a decade of chronic slow growth in much of the OECD region of industrialized nations. After all, when the overall size of the economic pie stops growing ...

  5. Canada’s public-sector pension plans shift investment risks to taxpayers

    Appeared in the Financial Post, December 6, 2018 The large and growing gap between public- and private-sector pensions is arguably the most striking feature of Canada’s retirement system. Defined-benefit pensions (or DB pension plans) the most sought ...

  6. Risk and Reward in Public Sector Pension Plans: A Taxpayer’s Perspective

    The most striking feature of Canada’s retirement system is arguably the large and growing gap between pensions in the public and private sectors. Eighty percent of public sector workers participate in defined benefit (DB) pension plans. Only ten percent ...

  7. Governments across Canada hurting business investment

    Appeared in the Winnipeg Free Press, October 24, 2017 The importance of business investment to economic growth is widely acknowledged. Investment boosts productive capacity and embodies new technologies that raise productivity and living standards over ...

  8. Business Investment in Canada Falls Far Behind Other Industrialized Countries

    This bulletin provides an overview of business investment in Canada: why investment is important, its recent performance, and how it compares with other industrialized countries. Business investment is central to long-term economic growth and ...

  9. Dependence on housing leaves Ontario economy vulnerable

    Appeared in the Toronto Sun, July 5, 2017 Ontario traditionally has been Canada’s engine of growth. However, over the past decade it has slipped to “have not” status that receives equalization payments. While housing recently has provided a temporary ...

  10. Ontario's One Cylinder Economy: Housing in Toronto and Weak Business Investment

    Economic growth in Ontario has lagged Canada since 2003, reducing the province to ‘have-not’ status within Confederation. One theme that runs throughout the paper’s analysis is the persistent weakness of Ontario’s manufacturing sector, where output has ...