Viewpoint explaining that the new framework for the taxi industry should encourage innovation and aim to maximize the well-being of consumers
In Quebec, as in many other places in the world, a permit is required to provide taxi services. For a long time, this has led to a lack of competition and the resulting effects. The Quebec government will soon table a bill to modernize the taxi industry. On which principles should new regulation be based if it is also to serve as a framework for future innovations in the sector?
Policy Paper for the One Country, One Market collaborative campaign showing how Canada can progress toward a true common market
A New Canadian Partnership for domestic free trade could produce economic benefits for Canadians that rival those of international free trade agreements. That’s the conclusion of Professor Ian Brodie, political scientist at the University of Calgary, in a new public policy study for the Montreal Economic Institute, the Atlantic Institute for Market Studies (AIMS) and the Canadian Constitution Foundation.
Viewpoint showing that to ensure the best possible access to care, health professionals should be able to use all their skills
Quebec’s Health Minister recently announced that she wanted specialized nurse practitioners (SNPs) to be able to make diagnoses, as is the case everywhere else in Canada. The Collège des médecins du Québec (CMQ) ended up making peace with the idea, while the Fédération des médecins omnipraticiens du Québec (FMOQ) is still not on board, claiming that this act must be reserved to physicians. Is this resistance justified?
Viewpoint explaining that an economic environment more favourable to productivity growth can raise living standards in the long term
Quebec Premier François Legault has often stated his desire to attract foreign investment into the province and to increase Quebecers’ standard of living. An essential precondition for this is to create an economic environment that is more favourable to productivity growth, considered by economists to be the main determinant of rising living standards in the long term. This can be achieved by reducing the amount of room taken up by the government in the economy, through a decrease in public spending.
Economic Note providing a roadmap for eliminating the excessive regulation that stifles entrepreneurship and drags down the economy in Canada
In its last Fall Economic Statement, the federal government included a chapter on regulation. It intends to review and remove outdated or duplicative regulatory requirements, keep an eye on our regulatory burden’s effect on our competitiveness, and innovate when it comes to rule-making. While this is a welcome admission that the Canadian regulatory burden is weighing down our competitiveness, with the United States as an easy alternative destination for investment, it still leaves open the question of how exactly to proceed with effectively reducing the regulatory burden.
Viewpoint illustrating the negligible impact of Quebec’s emissions on the global climate
The Quebec government has on many occasions signalled its commitment to fighting climate change. The province has set several targets for reducing greenhouse gas (GHG) emissions, aiming to have them disappear almost completely by 2050. Yet Quebec’s share of global GHG emissions is so tiny that achieving the provincial objectives would have an insignificant impact on the evolution of the temperature of the planet.
Research Paper explaining how, by transmitting knowledge throughout the food supply chain, middlemen contribute to better and more varied food, while lowering costs for consumers
Although we take supermarkets for granted, our access to such a quantity and variety of food products on demand and at any time of year is absolutely remarkable. This “miracle” is all the more impressive given that it is the result of spontaneous and voluntary collaboration between millions of people, most of whom will never meet. This paper will examine the historical evolution and the current operation of supermarkets and the numerous intermediaries that supply them, using the analytical framework of the Austrian School of Economics.
Economic Note responding to some of the most common objections to a social and political system based on economic freedom
A useful and intuitive definition of “economic freedom” is the freedom (absence of coercion) to buy from, or sell to, a willing counterparty. A society based on economic freedom is a free-market society. But is economic freedom economically beneficial? Is it all about money? Is it moral? Aren’t there many exceptions where government intervention is warranted? This Economic Note addresses these questions.
Conference bringing together some of Canada’s top economists, constitutional scholars, industry representatives, and politicians for a one-day conference in Ottawa to discuss the future of free trade within Canada.
Research Paper examining how different fiscal measures influence the decision to start a business
Many try to divorce entrepreneurship from any fiscal questions, claiming that entrepreneurship is basically a passion, and that entrepreneurs start businesses out of love. Yet one of the fundamental aspects of economic analysis is that cost variations are a primary factor in accounting for human behaviour. This paper aims to provide a frank, open discussion of the fiscal measures that affect entrepreneurship.