Ten things to know about the 2023-24 Alberta budget
On 28 February 2023, the Danielle Smith government tabled Alberta’s 2023-2024 budget. Projecting a $2.4 billion surplus for the coming fiscal year, the budget announced some spending increases; but...
View ArticleThe co-op difference: Comparing co-op and market rents in five Canadian cities
The Co-operative Housing Federation of Canada has just released a study comparing rents in co-op housing units to rents of similar private-sector market units in Victoria, Vancouver, Edmonton, Toronto...
View ArticleWhat causes homelessness?
I’m writing an open access e-textbook on homelessness. Each chapter will be uploaded to my website as it becomes available. I’ve just finished Chapter 1 titled “What causes homelessness?” A ‘top 10’...
View ArticleThe 2022 Alberta budget
I’ve written a ‘top 10’ overview of the recent Alberta budget. My overview can be found here: https://monitormag.ca/articles/ten-things-to-know-about-the-recent-alberta-budget
View Articlethe federal NDP’s housing platform
With a federal election taking place in Canada on September 20, the NDP has released its platform, which includes important housing-related measures. I’ve written a ‘top 10’ overview of the housing...
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Trudeau’s proposed speculation tax
I’ve written a blog post about the Trudeau Liberals’ recently-proposed speculation tax on residential real estate owned by non-resident, non-Canadians. The full blog post can be accessed here. Nick...
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Ten considerations for the next Alberta budget
Over at the Behind The Numbers website, I’ve written a blog post titled “Ten considerations for the next Alberta budget.” The blog post is a summary of a recent workshop organized by the Alberta...
View ArticleLouis-Philippe Rochon’s Top 10 Economic Predictions for 2015
Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.” The post is available here.
View ArticleRental Housing in Yellowknife
Yesterday I blogged about rental housing in Yellowknife, over at the Northern Public Affairs web site. Specifically, I blogged about a recent announcement by the city’s largest for-profit landlord...
View ArticleDutch Disease, Prices and Wages in Saskatchewan
Jim Stanford recently pointed out that many of the conservative economists who had defended the overvalued loonie have quickly shifted to applauding its depreciation. The Government of Saskatchewan may...
View ArticleGlass-House Mortgages
A letter appears in today’s Globe and Mail in response to recent direction given by Minister Flaherty to private mortgage lenders over mortgage rates. The letter was written by Steve Pomeroy, one of...
View ArticleBaskin-Robbins and the Walmartization of Ice Cream
It’s been an unusually hot summer, and soaring temperatures have boosted sales of that quintessential summer food, ice cream. But Baskin-Robbins has decided to shut its production facility in...
View ArticleThe Privatization of Social Housing
Last weekend, I spoke on a panel at the Annual Conference of the Ontario Non-Profit Housing Association. The panel was inspired in large part by the recent debate in Toronto over Mayor Rob Ford’s...
View ArticleStephen Gordon on Manufacturing
Over at Economy Lab, Stephen Gordon writes: The fundamental problem facing manufacturing firms is that the [industrial] prices have been growing more slowly than consumer prices. CPI inflation has...
View ArticleA hip hop version of the Keynes vs Hayek debate
Here’s a new take on bringing economic theory to the masses — a rap battle between Keynes and Hayek. What’s amazing about it is the amount of solid (if not plain nerdy) content this video packs into...
View ArticleShould Students Pay One Flat Fee for a Degree?
Yesterday afternoon, Alex Usher–who regularly blogs for the Globe and Mail on post-secondary education–blogged about an innovative concept proposed by the (now ousted) Liberal Party in New Brunswick’s...
View ArticleWhat Would Bubbles Do?
Many blog readers are no doubt aware that, late last month, the Canadian Centre for Policy Alternatives released a paper by David Macdonald entitled “Canada’s Housing Bubble: An Accident Waiting to...
View ArticleWarning: Credit Card Use May be Harmful (to Your Country’s Income Distribution)
Ah plastic. What’s not to love? Convenient? Check. Light in the pocket? Check. Monthly bill summaries? Check. Free short-term credit? Check (provided you pay your bills in full, on time). Benefits...
View ArticleThe OECD and Price Level Targetting
The Bank of Canada is currently considering, through research, a shift from inflation targeting to price level path targeting. For previous blog commentary and a good critique by Jim see...
View ArticleLaw of one price
OK, not the “law of one price” you learned in undergrad trade theory. I’m talking about plain old prices at the cashier. It has long bugged me that the price listed on a sales tag is not the same as...
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