Montreal, December 12, 2011 — The Montreal Economic Institute (MEI) has awarded its two annual economic education prizes, each accompanied by a $3,000 grant, to Peter Foster, business columnist for the Financial Post, and Mario Dumont, host of the public affairs program Dumont on the V television network.
Mr. Dumont was awarded the prize for his approach to examining the impact of rigidities on the labour market. Among other things, his television show helped explain how Quebec’s labour laws are an anomaly compared to those that prevail in most developed countries. The MEI congratulates Mario Dumont, whose work to analyze the economic issues of the day and boil them down to their essentials helps the general public understand those issues better.
Mr. Foster was awarded the prize for his column entitled “Auto bailouts in one lesson.” In it, he draws our attention to the long-term consequences of such policies, not only for stakeholders but also for society as a whole. The MEI is happy to highlight the work of Peter Foster, a columnist who has demonstrated his ability to explain complex economic concepts in plain English.
Each year since 2006, the Montreal Economic Institute has rewarded two journalists, columnists or television hosts (one anglophone and one francophone) who, through their work, demonstrate an understanding of the economic consequences of government policies. The MEI values the crucial role played by the media in the transmission of knowledge and ideas.
The awarding of these prizes is made possible thanks to the support of the Lotte & John Hecht Memorial Foundation.
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The Montreal Economic Institute is an independent, non-partisan, not-for-profit research and educational organization. Through its publications, media appearances and conferences, the MEI stimulates debate on public policies in Quebec and across Canada by proposing wealth-creating reforms based on market mechanisms. It does not accept any government funding.
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Information and interview requests: Ariane Gauthier, communications coordinator, Montreal Economic Institute / Tel.: 514 273-0969 ext. 2231 / Cell: 514 603-8746 / Email: email@example.com