Power will flow to a post-pandemic Ottawa

Sunday, May 24th, 2020

… if you are a near-bankrupt borrower, as several Canadian provinces and cities will soon be, you cannot demand money from the printing press owner without it coming with strings attached. For the first time since the Depression and the following war, Ottawa will be propelled into a much more powerful policy decision-making role, as a result of this shift in power dynamics, in ways that will seriously test the old boundaries of Canadian federalism.

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Pandemic proves value of guaranteed incomes

Saturday, May 9th, 2020

We know that we will emerge from this crisis with higher levels of unemployment than we have seen in two generations. We should be prepared for a winter ahead into which millions of Canadians will be headed broke, unemployed and close to despair… It might lead to the most transformational changes in today’s rich but increasingly divided and unequal economies since Bismarck invented the public pension system, nearly 140 years ago.

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The crushing impact of social media freeloaders

Monday, April 15th, 2019

Here are two breathtaking stats: 65 per cent share and 80 per cent margin. Those are market experts’ estimates of share of ad revenues and the profit margins of the social media duopoly in Canada. No other ad business in the world has that stranglehold, no other media business earns one quarter of those stratospheric profit margins. Unlike them, their Canadian television, newspaper and magazine competitors pay taxes.

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