The house that debt built

In a speech in May, Bank of Canada Governor Stephen Poloz told a scary story about household debt. No matter how you measure it—as a share of disposable income (170%, a Canadian record), as a share of Canada’s GDP (100%, one of the highest factors in the world)—things look pretty…
Read more

USMCA: Red tape for public safety regulators

The CCPA continues to carefully read through the nearly 2,000-page?USMCA text. This blog, the third in a series on how the agreement differs from NAFTA, examines the agreement’s chapter on Good Regulatory Practices, a relatively new addition to so-called next generation trade deals.?Stay tuned to this space for continued analysis…
Read more

Moe’s Equalization Misrepresentation

Premier Scott Moe tweeted this graphic on equalization yesterday. The tweet continues the Saskatchewan government’s long record of misrepresenting how equalization works in the hopes of ginning up anti-Quebec and anti-Ottawa sentiment among the Saskatchewan electorate. However, this time the misrepresentation goes one further, as it implies the graph is…
Read more

Canada is wrong to think we need a free trade deal with Mercosur

I was invited to appear before a parliamentary trade committee last week on behalf of the CCPA to discuss a possible Canadian free trade agreement (FTA) with the Mercosur countries. I must say that, while CCPA is always happy to participate in such discussions, it’s hard to understand why the…
Read more