Engineering a ‘green recovery’ is a terrible idea

Monday, June 1st, 2020

The Liberals… should resist the temptation to design a conventional economic stimulus package until it is absolutely clear that one is necessary. As for any planned green recovery, they should avoid costly policies that involve picking winners and rely instead on a rising carbon price to do its job.

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Don’t inflate inflation

Thursday, February 17th, 2011

February 16, 2011
… when the inflation rate is measured to be 2%, the “true” rate of inflation is only 1.4%… This is a problem for any firms or individuals with payments or receipts contractually tied to growth in the CPI… inflation has significantly reduced the purchasing power of the millions of Canadians who have unindexed incomes.

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