On May 18th, 2018, AIMS Senior Research Fellow Ed Hollett was quoted in an article published by the CBC discussing the impact of the recent Husky Energy discovery. Read the full article here
Senior Research Fellow Ed Hollett was quoted in an article in the Telegram debating airspace revenue for Newfoundland. Read in full here
Senior Research Fellow Ed Hollett was referenced in an article in the Telegram debating airspace revenue for Newfoundland. Read in full here
The upcoming AIMS Luncheon featuring Minister of Finance Tom Osborne was referenced in a media release by the Newfoundland and Labrador government. Read the release here
In a new deal, the Government of Newfoundland and Labrador will help to fund employee pensions at the Corner Brook paper mill. It's the latest in a string of deals for the mill, worth some some 250-million dollars. In this case, government intentions are good, but mistaken. The litany of failed businesses that [...]
In Newfoundland and Labrador, tough economic times have induced government to cut funding for Memorial University. This is a reasonable decision given financial challenges. Unfortunately, the province also wants to maintain a tuition freeze, keeping fees at Memorial the lowest in Canada. This decision will hamper the university's ability to operate and remain [...]
Newfoundland and Labrador faces a daunting financial situation. In the upcoming budget, there are three actions we suggest to course-correct. First: reduce spending. The government spends more, per person, than every province except Alberta. Over the next five to eight years, the budget gap could be reduced by moving to the national per-capita [...]
New Brunswick: New Brunswick's government promises to get its fiscal house in order while maintaining services. Unfortunately, its 2017 budget veers off from the plan of correcting public finances. Expenditure continues to grow, increasing by 3.5 percent and producing a deficit of $192 million. Meanwhile, government takes in more revenue from a higher [...]
On March 2, 2017, AIMS CEO Marco Navarro-Génie, Vice Chair NL Leo Power, and Ed Hollett were interviewed by CBC Radio's St. John's Morning Show. The Atlantic Institute for Market Studies (AIMS) appointed Ed Hollett as a senior research fellow. Mr. Hollett will focus on policy research for Newfoundland and Labrador. [...]
Newfoundland and Labrador: The size and cost of public sector employment has a major effect on the government’s bottom line. Since 1997, Newfoundland and Labrador's public sector has grown from 84 employees per thousand residents in 1997 to 109 per thousand. Across Canada, the average size of provincial public sectors is 83 [...]