3-minute read
America’s bank account runs dry
Washington's inability to control its spending.
1-minute read
Viewpoint – How would higher interest rates affect Quebec’s debt service costs?
Quebec benefits from unusually low interest rates in financing its debt, making this heavy burden manageable, at least for the time being. But what will happen when borrowing costs rise? Lenka Martinek, chief strategist of Daily Insights at BCA Research estimates that a 2% increase in interest rates would require $1.3 billion in additional spending on debt service in 2018. And this scenario does not take account of a potential recession.
5-minute read
Hélas! Les Québécois sont toujours les plus taxés en Amérique du Nord
The tax burden in Quebec.
3-minute read
Saskatchewan remains best in class
The deficit situation in Canadian provinces.
3-minute read
Sequestration? Bring it on!
Deficit reduction in the US.
3-minute read
No end to monetary uncertainty
US Federal Reserve's policies.
1-minute read
The Consequences of a Fixed Book Price
Will we succeed in stopping the decline of small bookstores by limiting the discounts offered to Quebec readers by big stores? What consequences would such a policy entail? We can glean some answers to these questions from both the history of the book and the economic literature. Examples of fixed book price laws elsewhere in the world also allow us to draw precious lessons in order to avoid repeating the errors of the past.
5-minute read
Nightmare scenario
The U.S. fiscal problem
3-minute read
More government money won’t break cycle of poverty
Natives' rights in Canada.
3-minute read
Is Stephen Harper’s government fiscally conservative?
The Harper government's economic policies.