Federal government approach to finances anything but ‘prudent’

Leaving huge bills for future generations to pay

Federal government approach to finances anything but ‘prudent’By Jason Clemens and Jake Fuss The Fraser Institute Since coming to power in 2015, Prime Minister Justin Trudeau and his finance ministers have characterized their management of federal finances as “prudent,” an adjective meaning to act with or show care and thought for the future. Acting prudently would mean being judicious about borrowing and debt.…

How Canada can cut global emissions and boost its economy

How Canada can cut global emissions and boost its economyWhat can Canada do to reduce global carbon dioxide (CO2) emissions while creating substantial economic benefits? My October column explained why attempting to replace fossil-fuel-generated electricity with wind and solar energy is technically impossible and economically disastrous. Here’s another solution: Export liquefied natural gas (LNG) to replace coal-fuelled electricity generation. This will cut coal plant…

Economic growth for its own sake is misdirected

Economic growth for its own sake is misdirectedTwo centuries ago, clergyman Thomas Malthus expounded the proposition that population always outruns food supply. He said population increases geometrically while food supply increases, at best, only arithmetically. Half a century ago the Green Revolution, enabling massive increases in agricultural production, allayed such fears. Arguably, however, it will be impossible to repeat that revolution. Even…

Nuclear industry could boost Canada

A real game-changer for the energy economy, and the environment

Nuclear industry could boost CanadaThe COVID-19 crisis has dominated most recent media coverage but environmental concerns remain. Friday for Future, the movement launched by Greta Thunberg, has come back to protest the federal government’s inaction on earlier green promises such as curbing greenhouse gas emissions. More and more, we’re seeing green activists fighting against industry and energy consumption. But…

Why are we facing lockdowns again?

If our leaders don’t learn any lessons and create better safeguards during a lockdown period, people will keep lashing out

Why are we facing lockdowns again?Many governments imposed short-lived lockdowns during the first wave of COVID-19 to help stop the spread of the virus in their countries. As we head deeper into the second wave, that dreaded battle cry has been ringing across the lands once more. Several European nations, including France, Germany, Italy, Spain, Portugal, Belgium and the United…

Women bear the brunt of COVID-19 shutdowns

Women bear the brunt of COVID-19 shutdownsWomen across the world know a silent truth: they’re bearing the brunt of the pandemic’s economic fallout. These hectic months have placed an extra burden on women’s shoulders and persistent lockdowns threaten to erase decades of gender equality earned in the labour force. Although COVID-19 kills slightly more men than women, the labour market impact…

It’s time to invest in Canada’s energy sector

Canada can supply oil and natural gas to world markets for decades, while driving down emissions and bolstering our economic recovery

It’s time to invest in Canada’s energy sectorImagine a global $800-billion natural gas and oil investment market and the opportunity that represents for Canada. Canadians should be very interested in what it would mean for our country’s economic recovery if we market the strengths of our vast natural gas and oil industry, and capture an increasing share of those billions of investment…

U.S. natural gas producers benefit from Canada’s retreat

Less supportive policies and regulatory constraints has led to natural gas stagnation in Canada

U.S. natural gas producers benefit from Canada’s retreatBy Mark Milke and Lennie Kaplan Canadian Energy Centre The United States has undergone an energy renaissance of sorts in recent years. After decades of importing significant volumes of natural gas, there has been a transformation in both the economy and policy on that source of energy in particular. Americans began to produce and export…

The hazards of pursuing a green power utopia

The federal government’s plan to replace fossil fuels with wind and solar is technically impossible and economically disastrous

The hazards of pursuing a green power utopiaThe combination of wildfires along the U.S. Pacific Coast, two simultaneous hurricanes in the Gulf of Mexico, melting glaciers and peat bog fires in Canada, and an unusually hot summer in Europe has raised global warming fears to frenzied proportions. Environmentalists are urging political leaders to legislate the rapid phase-out of fossil fuels. Curiously, the…
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