An economic cooling is just what Alberta needs

There is a story about a Canadian and an American crabbing in the Pacific Ocean just at the international border opposite Peach Arch Park. They each collect a pail of crabs. The American carefully covers his pail and starts to walk away when he notices that the Canadian has not put a lid on his pail.  ..... More  

Can Canada pull up its socks?

There is a story about a Canadian and an American crabbing in the Pacific Ocean just at the international border opposite Peach Arch Park. They each collect a pail of crabs. The American carefully covers his pail and starts to walk away when he notices that the Canadian has not put a lid on his pail.  ..... More  

Smoothing out the wrinkles in the business cycle

All economies suffer the consequences of temporary booms and recessions.  Recessions leave resources unemployed while booms spark periods of inflation which distort price signals and so lead to misallocations of resources.  ..... More

Canada should lead at WTO talks

The beleaguered Doha round of negotiations at the World Trade Organization are lurching toward the finish line. What conclusion this will have -- a successful opening up of world markets or the first failed round of talks since the Second World War -- depends upon governments around the world.  ..... More