Economy

Pandemic Comparison
We are living in an “unprecedented reality” according to the recent Speech from the Throne. Certainly the effects of Covid-19 have been serious and far-reaching. But unprecedented? Hardly. As difficult as our current situation may seem, it doesn’t hold a candle to the situation 100 years ago when a vastly more terrifying global epidemic struck a far less prepared world. With a second wave of Covid-19 on the horizon, Lynne Cohen takes a close look at the Spanish flu of 1918-20 and finds many stark and revealing differences – as well as some unsettling echoes that suggest while times may change, our fundamental fears do not.
Race-Based Law
How do you make new laws and policies or reform old ones in a democracy? You talk openly about every aspect, carefully consider the pros and cons and the long-term implications, and strive to come up with solutions that are fair to everyone. That has been the ideal, anyway, in Canada since Confederation. So what happens when vast areas of law and policy cannot even be discussed any longer? Bruce Pardy lists the things that have become perilous to say regarding Indigenous issues – but that need to be said if Canada is to maintain a legal system that is fair to all Canadians.
Lessons of history
Supporting or working to bring about “democratic” socialism has become an alluring option for ever-more voters across North America. It is ascending on clouds of virtuous intentions, high hopes and utopian goals, backed by elaborate theories, with good doses of anger and envy adding punch. Yet it has all been tried before – and failed calamitously, an unmitigated horror ending in ruination. Luckily, people who have personally lived through it are still around to tell the tale. Through the eyes of one survivor of Eastern European communism, Doug Firby issues a stark reminder of what real oppression looks like and a plea to younger Canadians to resist the seductive call of socialism.
Lockdown vs. Living Life
It will remain forever unknowable how Canada would have fared had our country not largely aped the “lockdown” model adopted by most of the advanced countries. But there is meaningful evidence for those who care and dare to look – and the implications aren’t pretty for our public health officials and their political acolytes. Brian Giesbrecht examined an obscure, far-off country run by an eccentric old man who decided to do the pandemic his own way – and may well have saved not only his nation’s economy but hundreds of his compatriots as well.
Liberal Wrongdoing
While it remains too soon to tell whether the WE Charity scandal will finally be the one that truly sticks to the Liberals and their leader, it has entirely consumed Justin Trudeau’s Covid-crisis bounce. Opposition parties are attempting to delve deeper, and even the mainstream media have shown more than a passing interest. It could get nasty indeed for the Liberals. Yet as Grant A. Brown points out, there’s so much more! As bad as WE may be, Brown urges us hold on a second and keep most of our outrage in reserve, for there’s a lot more Liberal wrongdoing where that came from.
Post-Covid Economy
“You don’t know what you’ve got ’till it’s gone” was penned long ago as an environmentalist, anti-establishment lament. These days, the environmentalists are the establishment, industry is the underdog, and the federal Liberals have come close to destroying the nation’s foremost generator of wealth and tax revenues. Some recent pronouncements by certain federal ministers, however, have Gwyn Morgan seeing glimmerings of reason, or at least pragmatism. If they do suspend their scorched-earth campaign against oil and gas, though, it won’t be for any love of the resource sector, let alone of Alberta. It will simply be because they need the money desperately. If that’s what it takes, writes Morgan, so be it.
Monopolies vs. Markets
As you take that satisfying summertime pull of the frothy, feel crisp cool wine on your lips or perk up to the sound of ice cubes rattling, you might pause to consider just how much your adult beverage has endured to find its way into your possession. Provincial liquor control monopolies, in particular, limit the acquisition and jack up the prices of “imported” beverages – even those produced in the next province. Hopes ran high that the most recent round of legal jousting and political fine-tuning would throw things wide open. Constitutional law expert and connoisseur of fermentation and distillation Rainer Knopff explains why, sadly, killing the IILA didn’t free the beer.
The Political Divide
What’s in a colour? Quite a lot, if we’re talking about politics, societal conflict and what the future might bring. “Reds” and “Blues” on both sides of the border are locked in an increasingly stubborn, bitter and already at times violent struggle over their respective country’s character, future and very existence. How much worse might it get? Might there be a simple solution that could forestall the slide, one that few have thought of and none has dared moot in our country? Brian Giesbrecht thinks he has one and, in this imaginative essay, lays out his case.
Content vs. Clickbait
Judging by the sheer volume of information coming our way, the Canadian news media are the very picture of health. But quantity isn’t indicative of quality, and the age of clickbait could put the final nail in the coffin of the nation’s legacy media. So who cares? Well, as online upstarts fill only a tiny proportion of the resulting void, the size, influence and market share of the taxpayer-subsidized CBC continue to grow – and some want it to grow further still. Could that possibly be good for diversity of news and views? Lydia Miljan lays out what ails the Canadian media business model, charts the deterioration of journalistic quality, points to the bright spots and makes the case for two practical and achievable federal policies that could allow our media sector to save itself.
Crisis in Air Transport
The debt-fuelled buildout of Canada’s airports, predicated on the dubious though common premise of unending growth in air travel, has stalled badly. While there’s been virtually zero news media attention, it seems the entire Canadian airport operating model could be about to crash and burn – at a time when governments are themselves wildly over-committed through their own borrowing binges. In this thoroughly reported original, Peter Shawn Taylor dissects Canada’s uniquely strange and problematic approach to owning and running airports, explains how we got into this mess and, looking to Europe and Australia for guidance, charts a way back out.

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