Montreal’s Economic Bilingualism

Tuesday, October 14th, 2014 by posted in Economics.

As a resident of Montreal and an Anglo-Quebecer by birth, I have gotten to know the city fairly well in my three years here as a student. Montreal is generally known as the “cultural capital” of Canada, and with the

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Be Careful When you Wish for a Weak Dollar

Friday, October 10th, 2014 by posted in Economics.

A little over a year ago, Canadians were alarmed by the surging loonie. As the argument went, foreigners (and Americans in particular) couldn’t afford to buy Canadian-made goods. Since the country couldn’t compete, better get the Bank of Canada on

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Private Health Care is Inevitable in Canada

Thursday, June 26th, 2014 by posted in Capitalism, Economics, Health Care.

Private health care is inevitable in Canada. Does that sound crazy? Decades ago, socialized medicine became an iconic institution in the country. It wasn’t just the establishment of “free” healthcare for all, but an existential “right” created by a loving


Canada’s Housing Problem

Friday, June 13th, 2014 by posted in Banking, Economics.

Stephen Poloz, Governor of the Bank of Canada, thinks Canada may have a housing problem on its hands: On the home front… high house prices and record household debt remain the most important “vulnerabilities” in the Canadian financial system –

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Nouriel Roubini the Mercantilist

Thursday, February 27th, 2014 by posted in Banking, Capitalism, Economics.

Here’s a question: why is economist Nouriel Roubini so popular again? The man is syndicated in the financial press. He has a number of best-selling books on the ebb and flow of the global economy. And he teaches at New

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Help Bring Rituparna Basu to Toronto

Wednesday, February 26th, 2014 by posted in Capitalism, Economics.

Help objectivists in Toronto bring Rituparna Basu—Healthcare specialist from the Ayn Rand Institute—to Toronto. You can find details on how to help here.

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Pharmacy Wars

Wednesday, February 26th, 2014 by posted in Capitalism, Health Care, Regulation.
Apotheosis teaser

The Ontario Government’s war on drugs is entering a new and more dangerous phase that is bringing increasing violence to the most unexpected of places: the province’s pharmacies. One normally thinks of pharmacies as being places of peace and quietude.

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The Economic Harm of Prohibition

Wednesday, February 19th, 2014 by posted in Economics, Law, War on Drugs.
weed teaser

According to the United Nations, cannabis, the plant from which marijuana is derived, is the most widely used, produced and trafficked drug. Governments across the globe have invested heavily in fighting drug production and consumption. Notwithstanding, even though the war


Canada’s Tidal Wave of Credit

Monday, January 27th, 2014 by posted in Banking, Capitalism, Economics.
Bank_of_Canada teaser

Be mindful of what will happen when interest rates rise, but note that rising debt levels in Canada are no reason to panic, at least according to Stephen Harper. Canada’s Prime Minister is quick to note that his wife and

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Generation Wars

Monday, December 23rd, 2013 by posted in Capitalism, Economics, History, Politics, Socialism.

I’ve written before on the raw deal Canadians are getting on the CPP, and it isn’t pretty.  I estimate that by being forcefully enrolled in to the Plan, Canadians are losing out on potentially earning an additional million over the


How to Decrease Income Inequality

Saturday, November 16th, 2013 by posted in Capitalism, Economics.
PanhandlingHat teaser

The Globe and Mail has been up in arms over the growing wealth divide in Canada. Or at least the perception of a growing wealth divide. As part of its Wealth Paradox series, this weekend’s edition looked at some policies

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Monday, November 11th, 2013 by posted in History, Philosophy, Politics.
Lest_we_forget teaser

Today many of us are wearing a poppy on our lapel in a show of remembrance. What exactly are we remembering? The Great War from 1914-18 saw many changes to the world. Many of them were bad, though as we

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The Welcome Death of Peak Oil

Saturday, November 9th, 2013 by posted in Economics, Environment, Regulation.

Reprinted from The original, slightly longer version of my Letter from Calgary column in the October 2013 issue of the Investment Executive newspaper: Improved technology and more efficiency mean North America could eventually become an oil exporter Does anyone remember Peak


Canadians Should Be Concerned about the NSA and PRISM

Sunday, June 16th, 2013 by posted in Law, Philosophy, Regulation.

Reprinted from Vice Magazine On Friday, the world found out about PRISM: a secret tool developed by the United States’ National Security Agency that has been used, since 2007, to directly tap into the servers of companies like Facebook, Google, and

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Dear Future Student of Austrian Economics

Tuesday, June 4th, 2013 by posted in Economics, Education, Lifestyle.

Every once in a while, I get an e-mail from an undergraduate student asking where in Canada he or she could pursue a graduate degree in Austrian economics. While no economics department in Canada offers such a degree, there are

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Those Darn Conspiracies

Saturday, April 27th, 2013 by posted in Civil Liberties, Philosophy.

As a born-in resident of the nation-state known colloquially as America, I recognize my thumb lies not on the pulse of the Canadian citizenry. But even so, I can postulate that being firm allies of United States global hegemony, Canucks

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A Golden Opportunity

Saturday, April 13th, 2013 by posted in Banking, Capitalism, Economics.

In a new twist to the Cypriot saga, a European Commission assessment has called on the Mediterranean country to sell its gold holdings to fund its looming bailout. With the country currently holding 13.9 tonnes of the shiny metal according to the

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Two Pitfalls of Devaluing the Loonie

Wednesday, April 10th, 2013 by posted in Banking, Economics.

The strength of the Canadian loonie is increasingly seen as a negative aspect. Policy makers and export-oriented industries are united in calls for a weaker Canadian dollar in a bid to keep the economy strong through international trade. Allowing for

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Canadian Deposits As Safe As Cypriot Deposits

Tuesday, April 2nd, 2013 by posted in Banking, Capitalism.

Reprinted from The Dollar Vigilante Rest easy, Canadians, for your bank accounts are going to be made as safe as those bank accounts in Cyprus. Just take a look at the Canadian government’s budget plan for 2013, particularly pages 144

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Ron Paul’s Advice to Canada

Monday, March 18th, 2013 by posted in Capitalism, Economics, Politics.
Ron Paul

Reprinted from the Globe and Mail Editor’s note: This is an unabridged transcript of Paul Koring’s interview with Ron Paul. An edited and condensed version appeared in The Globe on Monday. Ron Paul, the plain-speaking libertarian from Texas whose three