Should we be worried about government debt? Yes: Philip Cross in the Star

The high level of government debt in Canada, when the economy is recovering rapidly, reflects an unwillingness to make hard choices about spending priorities, writes Philip Cross in The Star.  This article is a part of The Star’s Saturday Debate series.  By Philip Cross, May 10, 2021 Government debt is sometimes both unavoidable and justifiable.… Continue reading Should we be worried about government debt? Yes: Philip Cross in the Star

Not enough Canadians know how important the oilsands are: Philip Cross in the Financial Post

They not only create wealth and jobs but are a stellar example of innovation by Canadian companies, writes Philip Cross in the Financial Post. Below is an excerpt from the article which can be read in full here.  By Philip Cross, April 30, 2021 The Macdonald-Laurier Institute has just released a paper of mine on the… Continue reading Not enough Canadians know how important the oilsands are: Philip Cross in the Financial Post

Why the oil sands aren’t going anywhere and how investment and production benefit Canada

OTTAWA, ON (April 29, 2021): While blue-collar work is being devastated in much of the rest of the Western world, Canada’s natural resource sector continues to be a pillar of stability and opportunity in the economy. In particular, with its high paying jobs in Canadian-owned businesses, the oil sands offer a stable, reliable, and growing… Continue reading Why the oil sands aren’t going anywhere and how investment and production benefit Canada

Mark Carney’s mistaken Value(s): Philip Cross in the Financial Post

Bank of England / Flickr

There is no assurance the best values will triumph, especially in a crisis, writes Philip Cross in the Financial Post. Below is an excerpt from the article, which can be read in full here.  By Philip Cross, April 23, 2021 In his new book Value(s), former Bank of Canada Governor Mark Carney claims we have… Continue reading Mark Carney’s mistaken Value(s): Philip Cross in the Financial Post

Budget rains down oceans of red ink but may not be as transformative as it seems: Philip Cross in the Financial Post

The budget serves as an excellent summary of the Trudeau government — it excels at posturing but is weak on delivering results, writes Philip Cross in the Financial Post. Below is an excerpt from the article, which can be read in full here.  By Philip Cross, April 21, 2021 The 2021 budget is an excellent… Continue reading Budget rains down oceans of red ink but may not be as transformative as it seems: Philip Cross in the Financial Post

MLI experts available to comment on federal budget

OTTAWA, ON (April 19, 2021): With the federal government poised to unveil its first budget in over two years, Canadians will be watching closely as Ottawa reveals its plan for a post-pandemic recovery.  Experts from the Macdonald-Laurier Institute are available to comment on this historic budget. The following experts are available to comment: Jack Mintz… Continue reading MLI experts available to comment on federal budget

If I were finance minister: Philip Cross in the Financial Post

This article is part of a series by the Financial Post Comment. With next week’s federal budget fast approaching, FP Comment asked its regular contributors to think about how they would approach things if they were finance minister. I would undertake three broad initiatives that actually address the current crisis, rather than try to shoe-horn… Continue reading If I were finance minister: Philip Cross in the Financial Post

MLI experts available to comment on Supreme Court’s carbon tax ruling

OTTAWA, ON (March 25, 2021): In a split decision, the Supreme Court of Canada has ruled that the carbon tax – the cornerstone policy in the federal government’s efforts to combat climate change – is in fact constitutional. Experts from the Macdonald-Laurier Institute are available to comment on this landmark decision. The following experts are… Continue reading MLI experts available to comment on Supreme Court’s carbon tax ruling

Will Canada’s Rapidly Expanding Money Supply Result in Higher Inflation? New Quarterly Economic Report

OTTAWA, ON (March 24, 2021): Despite a generally slowing economy, a surge of commodity prices has sparked concerns about a resurgence of inflation. In the latest quarterly economic report titled, “Will Canada’s rapidly expanding money supply result in higher inflation?” MLI Senior Fellow Philip Cross examines the impact of Quantitative Easing (QE) on money and… Continue reading Will Canada’s Rapidly Expanding Money Supply Result in Higher Inflation? New Quarterly Economic Report

Our horrible winter He-cession: Philip Cross in the Financial Post

Should governments now consider policies to help men struggling through a bleak winter of job losses? writes Philip Cross in the Financial Post. Below is an excerpt from the article, whcih can be read in full here.  By Philip Cross, March 24, 2021 By some measures, Canada is in a deep “He-cession,” with men losing… Continue reading Our horrible winter He-cession: Philip Cross in the Financial Post