Media Releases

An overwhelming majority of Quebecers, and all Canadians, want to supply Europe with energy

Montreal, April 26, 2022 – The Russian invasion of Ukraine has upset the international political chessboard, with the ramifications of this war reaching as far as Canada. Indeed, according to an Ipsos poll commissioned by the Montreal Economic Institute, a strong majority of Canadians (72%) want us to export our vast energy resources to European countries, like Germany, that depend in large part on Russia for their supply, while only 17% are opposed to this. In Quebec, support remains very high, at 65%. Moreover, 68% of Canadians want us to build the necessary energy infrastructure, including pipelines, in order to export our resources to Europe. In Quebec, a majority (54%) is also in favour.

Adjusting capital gains for inflation: A source of prosperity and attractiveness

Montreal, April 14, 2022 – The inflation rate in Canada has been rising constantly for several months now. Expansionary monetary policies, as well as the economic sanctions accompanying the Russia-Ukraine war, suggest that significant inflation may be with us for the medium to long term. High inflation erodes consumers’ purchasing power, and also has a negative impact on Canadian taxpayers—including through the capital gains tax, an issue the MEI’s researchers examined in their latest publication.

The federal budget: A worrisome big-spending trend

Montreal, April 7, 2022 – On the occasion of the tabling of the 2022-2023 federal budget, the MEI’s researchers updated their federal debt clock and called on the Trudeau government to rein in the growth of public spending and address current economic problems efficiently and reasonably.

Artificially low interest rates: Negative unintended consequences

Montreal, March 31, 2022 – While lowering interest rates has a short-term stimulative effect, maintaining low rates over a longer period of time may have the opposite effect, of inhibiting growth and productivity improvements, according to a Montreal Economic Institute researcher.

Quebec’s portfolio spending: The bleeding must stop

Montreal, March 23, 2022 – As the Quebec government tables its 2022-2023 budget, the MEI’s researchers are emphasizing the substantial growth of portfolio spending in recent decades, taking into account the latest numbers, and presenting different scenarios that illustrate its magnitude.

Quebecers in favour of developing the province’s hydrocarbons

Montreal, March 17, 2022 – With recent international events highlighting the importance of guaranteeing the energy security of Western countries, more than half (52%) of Quebecers think that their province should develop its own oil resources rather than importing all the oil it consumes, while just 28% are opposed to this and 20% are undecided. Not only is Quebec sitting on substantial reserves of oil and natural gas, but the demand for hydrocarbons in foreign markets is growing and will remain significant for several decades to come. Quebecers want to seize this opportunity.

Alcool acheté dans d’autres provinces: un pas dans la bonne direction

MONTRÉAL, le 15 mars 2022 – Alors que le gouvernement du Québec a annoncé aujourd’hui l’élimination des limites quantitatives de boissons alcoolisées qu’une personne peut rapporter au Québec après les avoir acquises dans une autre province ou un territoire du Canada, nos chercheurs ont souhaité réagir.

Internet: The CRTC’s wholesale pricing regime penalizes innovation and rural regions

Montreal, March 3, 2022 – With the pandemic having lasted nearly two years now, the Canadian population has had to spend more time online, whether for work, education, or entertainment. Almost half of the working population started working more from home. A substantial share of students also had to pursue their studies remotely. With online presence having increased, the majority of Canadians (55%) now spend five hours or more a day online.

Pénurie de logements: il faut faciliter la construction résidentielle

Montréal, le 21 février 2022 — Force est de constater que l’augmentation du prix des logements qui sévit depuis quelques années persiste. Cette situation affecte maintenant, à différents degrés, tant les grandes villes que les plus petites municipalités. Cet enjeu doit être pris au sérieux dès maintenant. Avant de penser à réglementer davantage ou à ajouter des taxes, les trois piliers de gouvernements doivent évaluer quelles mesures en place favorisent la flambée des prix.

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