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Budget advice—Bill Morneau, channel James Robb
National Post Radio wants my thoughts on the upcoming federal budget. I’m not privy to Ottawa gossip. To my mind, any sane person avoids it like the… measles. Who’s up, who’s down? What’s hot, what’s not? These are not considerations you ...
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How a business prime minister might have handled SNC-Lavalin
I’ve got nothing against Arts majors, either in general or in politics. For 40 years I taught in the Arts faculty at McGill University and before that I was an undergraduate there before receiving my own Arts degree. It’s the same Arts ...
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SNC Lavalin: What would Sir Wilfrid do?
Having lived all my life in Quebec, I can imagine where the SNC Lavalin affair is headed next. Like almost anything in Canada, it will become a source of French-English resentment. SNC is a great Quebec company, the narrative will go, a ...
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The trouble with governments 'defending' jobs
SCHEER: Who asked for this (Sept 17) meeting? TRUDEAU: I want to assure Canadians that at all times we will assume our responsibility to defend jobs in Canada… ANGUS: Will the prime minister give us a full airing and agree to an ...
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Brexit voters aren't just grumpy old men
A turning point in Quebec’s 1980 referendum came when separatist journalist and commentator Lise Payette said women who supported the federalist side were just “Yvettes,” a traditional characterization of stay-at-home women who always did ...
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Economists unanimous—index funds are 'Investing 101'
Actually, not all economists say that. It’s Richard Thaler of the University of Chicago, winner of the Nobel in Economics in 2017. And he’s very sure of it. On a scale of 1 to 10, he rates his confidence in his view at 10. I get this from ...
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Help us because we’re big and successful, help us because we’re small and poor
I was scrolling through a recent Bank of Canada staff discussion paper the other day (“Fundamental Drivers of Existing Home Sales in Canada” by Taylor Webley of the Bank’s Canadian Economic Analysis Department) and ran across something ...
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If every change is for the worse, what then?
I saw a great Brexit cartoon this week from “Matt,” who appears in the Daily Telegraph. Two British MPs are ordering lunch in the House of Commons restaurant and the one doing the talking tells the exasperated waitress: “I don’t want the ...
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Premier Notley says ‘PIMBY’ to new Alberta refinery
On Premier Rachel Notley’s Christmas list was new petroleum refining capacity for her province of Alberta. In early December she issued a request for expressions of interest in new capacity to Alberta’s oil and gas industry and though ...
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Storm clouds on the horizon better than storm clouds overhead
As 2018 draws to its end, there are dark clouds on the horizon. Interest rate increases spooking the stock market, the continuing trade skirmish between the United States and China (which threatens to become an all-out trade war almost ...