Monthly Archives: May 2006
Should Canada be restricting oil exports?
Canada is now the largest foreign supplier of oil to the US, to the tune of some two million barrels of oil a day. Should we be? Shouldn’t the Canadian government be trying to keep that oil here in order to satisfy our own energy needs? A non-economist might be inclined to respond in the […]
The Globe and Mail needs to hire someone who understands economics
The Globe and Mail likes to think of itself as Canada’s Newspaper of Record, but its coverage of economics falls well short of that standard. I’ve more or less given up on the biweekly column by the Canadian Auto Workers’ Jim Stanford, whose columns invariably take the form of a game of "spot the economic […]
Tâtonnement in the market for immigrants
Today, Greg Mankiw quotes from Larry Lindsey: Unlike some nations–Canada, for example–we do not "sell" residency to people who promise to bring in investment money and create jobs. As economists would say, if you’re not going to ration by price, you’re going to ration by queue. and asks: Why not ration by price? As noted […]
The Bank of Canada’s job gets tougher
By any standard, the Bank of Canada has handled things very well over the past decade: inflation is low and stable, and employment rates have been at all-time highs over the past couple of years. But things are starting to get more complicated.
Worthwhile Canadian Initiative 
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