Radio: A $30-Billion Federal Defecit
For the past twenty years, the federal government has made prudent fiscal decisions. But now the Trudeau government’s first budget will overspend by 30-billion dollars, and add 118-billion to Canada’s debt over the next six years. The campaign promise to limit the deficit to 10-billion and balance the budget in four years has been broken, and the commitment [...]
Should government subsidize universities to boost enrollment?
In a story by the Telegraph-Journal's John Chilibeck, John Williamson argues against further subsidies to higher education. On the issue, Williamson doubts that governments "are prepared to cut in one area to hand more money to universities, particularly when the biggest beneficiaries of a university education are the students themselves." FREDERICTON • New Brunswick’s dismal graduation rates put it at [...]
Canada’s troubling budget path
In New Brunswick's Telegraph-Journal, AIMS Vice-President of Research John Williamson evaluates the 2016 federal budget. Given Canada’s relative economic health, it is hard to comprehend the decision by the federal government to plunge the country into permanent deficits that will be difficult to eliminate without spending cuts or tax increases. Canada’s enviable fiscal position – its low debt and relatively [...]
AIMS report recommends Atlantic Canada taxation changes
Customs today reports on AIMS' study, "I'll Take New England Any Day!", authored by Mark Milke. The study compares tax regimes in Atlantic Canada with those in New England, our region's closest geographic competitor, with an eye to improving the Atlantic business environment.. You can read the full study here. A new report is calling on Atlantic Canada’s provincial governments [...]
NE lawmakers propose seceding from Eastern Time
In the Cape Cod Times, AIMS President Marco Navarro-Génie is quoted in a story about the advantages of the Atlantic time zone. He argues that "In the age of high-volume trading and high-fiber super speeds, milliseconds can mean money in transactions. This is actually a little bit of an advantage." PROVIDENCE, R.I. — As most Americans brace themselves for losing [...]
This Easter, be grateful for the moneychangers
In the Financial Post, AIMS Senior Fellow Patrick Luciani argues that Bernie Sanders is channeling a well-rehearsed ignorance of the capitalist system, one that finds its roots in the Gospels. Like their authors, Sanders and the Bishop of Rome mistake financial success and the market itself as avenues of greed. With Easter approaching, this is the week we Christians remember [...]