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Regulations

The Underestimated Economic Benefits of the Internet

A few weeks ago, the Davos World Economic Forum underlined the growing role of the Internet in the economy by taking as the theme for its discussions the “fourth industrial revolution,” namely the revolution made possible among other things by innovations related to the Internet. According to the World Bank, the Internet promotes economic development since it provides access to opportunities that were previously out of reach for the most disadvantaged people around the world.

Green Energy Subsidies: Is Alberta Jumping on the Bandwagon?

In recent years, Canadian provinces have adopted various “green” energy policies that have had a discernable impact on their energy markets. Carbon levies and constraints on using certain energy sources to generate electricity are now commonplace, and their use seems to be spreading. Until recently, Alberta had avoided such policy tools. In addition, much electricity in Alberta is generated, transmitted, and sold by private market actors, and thus political interference in the market has mostly been avoided.

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