Prime Minister Trudeau's letter to Finance Minister Bill Morneau lists 27 priorities—we offer a quick reaction to 13 of these priorities.
In the 1990s and early 2000s, Prime Minister Jean Chretien and Finance Minister Paul Martin cut federal government spending as a per cent of GDP and raised the employment insurance threshold to between 12 and 20 weeks.
There is nothing like an election to bring out the optimistic side in peopleand some mythmaking. In Quebec, recent attention focused on Premier Pauline Marois and her musings that if her party wins the provincial election, and if separation one day occurs, that Quebec would keep the Canadian dollar, seek a seat on the Bank of Canada, and that Quebecois might have dual citizenship.
The government should fix it is a common refrain when people encounter a problem in society. Governments happily oblige because it means more votes for politicians and more work for bureaucrats. Governments themselves also undertake a number of things from encouraging Canadians to be more active, to propping up domestic industries, to trying to create jobs. But can government really deliver? Evidence suggests the answer is a resounding no.
Imagine a world where your car insurance company charges everybody the same premium; the premium doesnt depend on your driving record or the number of claims you make. Nor does the premium depend on your age or other characteristics that increase your risk of getting into an accident.
Such a system seems absurd because it benefits bad drivers at the expense of good drivers. But this is exactly how Canadas employment insurance (EI) program operates.