Category International
Burney’s Brave New Canada
I had the opportunity to hear Derek Burney speak yesterday. Mr. Burney is originally from Thunder Bay (Fort William to be precise) and went on to a distinguished public service career as a diplomat as well as chief of staff to Prime Minister Mulroney, president and CEO of CAE Inc, chairman and CEO of Bell […]
Tax Competition
The Tax Foundation released its 2014 International Tax Competitiveness Index (ITCI) of 34 OECD countries and Canada’s overall rank was 24 out of 34 countries. Despite our recent snagging of Burger King, we are apparently in the bottom third of OECD countries when it comes to tax competitiveness. Interestingly enough, the United States did even […]
Open borders for land too?
[I am trying to explain what I think is a conceptual confusion by the "Open Borders" people. Unfortunately, my brain isn't very clear either.] Land can't move, of course. But borders can. We can't move land across the borders, but we can move borders across the land. So if half the people in country B […]
Tim Hortons
A lot of US econobloggers are talking about the Tim Hortons-Burger King merger. But all they seem to talk about is corporate tax rates. I think they are missing the big picture. The big picture is here: [I can't figure out how to embed that picture in Typepad. That's okay, I did – SG] To […]
The ECB cannot move last
I think this diagram helps us understand the Eurozone problem in simple game-theoretic terms:
We Are Not Slower, Just More Erratic: Comparing Growth in Canada and the United States
The existence of a productivity gap between Canada and the United States should ultimately manifest itself in terms of the growth rate of real per capita GDP. If productivity growth in Canada is consistently below that of the United States, then our real per capita GDP should also not grow as quickly as the United […]
What’s in a Name?
We all know that the word “economics” comes from the Greek “oikonomia” which refers to the thrifty management of household affairs. By extension, the origin of the term “economy” is closely related to the same term as it is from the Latin “oeconomia”, which is again from the same Greek “oikonomia”. From all this, it […]
The Economic Role of Monarchy
In the wake of the abdication of King Juan Carlos of Spain, the New York Times ran a short piece on monarchies noting that 12 monarchies still survive in Europe with eight of them being liberal democracies – Belgium, Britain, Denmark, Luxembourg, the Netherlands, Norway, Spain and Sweden. Incidentally, these Scandinavian monarchies in particular are […]
Countries as homes
I was up late last night for the results of the EU elections. In the UK, the UK Independence Party came first with 27.5% of the vote (Labour second with 25.5% and Conservatives third with 24%). In France, the Front National came first with 25%. Both UKIP and the FN want to withdraw from the […]
Cross Border Shopping Isn’t What it Used to Be
Canadian retailers have recently been concerned that the Canada Border Services Agency has been too lenient with cross-border shoppers in the wake of the increase in duty free limits in 2012. While it is true that cross-border trips have grown substantially over the last decade, I’m not sure they should be that concerned.
Worthwhile Canadian Initiative 
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