Monthly Archives: April 2010
Should Canadian investors go shopping in the US?
This piece caught my attention over the weekend: Here's why Canadian investors should go shopping in the US: U.S. stocks have been discounted, and with a strong Canadian dollar there are bargains to be had. Now, WCI is most definitely not the place you turn to for financial advice, but there are some things going […]
The Value of the Canadian Dollar in 2009-2010, Oil Prices and Interest Rates
About a decade ago when I was giving econometrics tutorials at the University of Rochester I asked my students to calculate the correlation between oil prices and the value of the Canadian dollar relative to greenback. Out of that was born MERT – my toy exchange rate predictor.
Celebrating pointlessness: minimum wage edition
The minimum wage in Ontario went up today, and Jim Stanford thinks that it's cause for celebration. I'm not sure why. I'm guessing that he – as does the editorial board of the Toronto Star – believes that a higher minimum wage will help reduce poverty. Sadly, this belief is mistaken. As I noted earlier […]
Worthwhile Canadian Initiative 
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