Canadian Economy Is Not (Yet) In Recession

Despite a multi-party commitment to increase spending on negative political advertising, a mix of cheap oil, shaky fundamentals, and poor governance caused Canada’s economy to shrink each of the first four mont...

Poloz’s Shocker: Bank of Canada Cuts Interest Rate

The Canadian economy looked strong until last Wednesday, when the Bank of Canada slashed, gashed, trashed, cut, and gut its overnight lending rate. It was the sort of bold move that would lead Fat Bastard to in...

Stephen Poloz Advises Unemployed Youths to Work for Free

One day, I’m going to be an old, white guy. It’s hard to believe given how young I am or how fast I can eat a dozen Krispy Kreme donuts. But in time – maybe forty years or so – I’ll become a walking dinosaur...

Harper Responds to New Sanctions on Russia

After Canada issued new economic sanctions on Wednesday in response to Russian aggression in Ukraine, Vladimir Putin responded with the diplomatic equivalent of “yeah? Well screw you too.” The Russian prime ...

Wynne’s Throne Speech and Ontario’s Credit Outlook

Katheleen Wynne gave her speech from the throne this afternoon, the same day that Moody's credit agency shifted Ontario's outlook to negative, underlining a lack of confidence in Ontario's ability to pay its de...