Whole economy

New study shows potential impact of tackling climate change

A new study, from economists at University College London shows the impact dealing with climate change could have on Canada and other countries.

Like other researchers, the authors of the study argue that curbing climate change means roughly two-thirds of fossil fuels need to stay in the ground. This finding is similar to the findings of other research on what needs to be done to keep the average global temperature rise from greenhouse gas emissions below two degrees Celsius.

Canadian Wheat Board privatization news suggests economic needs taking a back seat

The suggestion that the federal government plans to give away the assets of the Canadian Wheat Board to a multinational corporation instead of selling them to a farmer-owned group is not a surprise. Since the federal government announced that it was ending the Canadian Wheat Board's monopoly on selling Canadian wheat, there have been a number of serious problems.

Mediocre innovation record blamed on lack of government involvement

In a recent article in the Toronto Star, internationally recognized expert on innovation, Mariana Mazzucato, blamed lack of direct government involvement for Canada's mediocre record when it comes to innovation.

She argues the approach taken by Canadian governments — cut corporate taxes, reduce regulation and sign trade deals that protect corporations and investors — has failed. Instead of investing more, corporations are hoarding cash.

Post office closures harm rural economy

A recent survey by the Canadian Postmasters and Assistants Association (CPAA) found that post office closures in rural communities are bad for business.

When post offices close, rural business people and residents are having to travel an average of 13.1 km to get their mail. For businesses relying on mail service, or for those who are uncomfortable driving or who don't own a car, that distance is a significant barrier.


Subscribe to Whole economy