3-minute read
The cost of medication: Prices that are too low could reduce access
Montreal, November 15, 2017 – If Health Canada achieves its goal of lowering the maximum prices for drugs, the health of Canadians could suffer, shows a Viewpoint published today by the MEI. Indeed, in countries that have implemented similar price control policies, new drugs have become less accessible to the population.
3-minute read
Wireless services: The CRTC should not favour resellers
Montreal, November 9, 2017 – By asking the CRTC to favour resellers of wireless services, Innovation Minister Navdeep Bains runs the risk of discouraging investment in the telecommunications industry, all while creating a new category of privileged players protected from competitive pressure, shows an Economic Note published today by the MEI.
3-minute read
Ottawa should abolish the capital gains tax
Montreal, November 2, 2017 – While Ottawa has set aside its plans to increase the inclusion rate of the capital gains tax—from 50% to 75% according to rumours—an Economic Note published today by the MEI shows that this kind of tax is particularly harmful. The government should instead reduce or abolish it, as a number of countries have done.
2-minute read
Federal public finances: The elimination of the net debt delayed 20 years
Montreal, October 23, 2017 – Tomorrow, the federal government will publish its economic and fiscal update. Even though we already know that deficits are on a downward slope, the public finances situation is nonetheless looking rather grim, according to an overview of figures presented by the MEI.
3-minute read
Energy sector competitiveness: The United States breaks new ground, Canada loses ground
Montreal, October 19, 2017 – The drop in oil and gas investment and the abandonment of projects like the Energy East pipeline may well get worse in Canada due to the erosion of our competitive position relative to the United States. This is the main conclusion of a Research Paper published today by the MEI.
3-minute read
Emergency rooms: A Swedish hospital shows that long waits need not be the norm
Montreal, October 17, 2017 – Quebec’s Health Minister recently gave an ultimatum to the province’s hospitals such that emergency room stays could no longer exceed 24 hours. To solve our wait time problem, our politicians should instead take inspiration from the operation of Saint Göran, a Swedish hospital run by a private company, accessible to all and funded by the government at lower cost than public hospitals, as explained in an Economic Note published today by the MEI.
3-minute read
Ending supply management: An opportunity for Canada
Montreal, October 16, 2017 – While the United States is calling for the dismantlement of our supply management system for dairy, poultry, and eggs within 10 years, the MEI invites the Canadian government to seize this opportunity to ask for full access to other markets in return.
3-minute read
Spectrum Set Aside Won’t Benefit Consumers
Montreal, October 5, 2017 – A decade after we first debated the appropriateness of setting spectrum aside to foster the emergence of new wireless players, it seems the federal government hasn’t learned anything about the perverse effects of such a policy, says a telecom policy analyst at the Montreal Economic Institute.
3-minute read
The boreal caribou preservation plan could cost over $740 million a year
Montreal, October 3, 2017 – The attempt to save 79 caribou a year could cost 5,675 direct jobs in the province of Quebec and more than $741 million in lost economic activity, according to calculations carried out by the MEI based on the federal government’s recommendations. Ottawa had given the provinces until October 5 to submit their plans in this matter.
3-minute read
Trump’s tax proposal: Ottawa should adopt a proportional tax rate of 10.5% to stay competitive
Montreal, September 27, 2017 – While the U.S. President has just reiterated his intention to reduce corporate taxes, Canadian Finance Minister Bill Morneau wants to raise taxes on entrepreneurs. Ottawa would be better off focusing on Canada’s tax competitiveness with its neighbour, for example by adopting a proportional tax rate of 10.5% for all corporate earnings, argues a Viewpoint published today by the MEI.