3-minute read
International Workers’ Day: Five reasons not to mind income gaps
Tuesday, May 1st, 2012 – A number of studies and organizations have pointed out lately that income inequality in this country is on the rise. But who has pointed out the fact that the poor are actually getting richer? On the occasion of International Workers’ Day, also known as May Day, the Montreal Economic Institute’s Yanick Labrie shines a light on five reasons why income inequality is less worrisome than it appears to be, in an Economic Note published today.
1. Income growth for the poor
2-minute read
Free trade and prosperity go hand in hand
Friday, April 27, 2012 – The federal government’s declared intention to sign a comprehensive economic and trade agreement with the European Union is good news for the Canadian population. Prosperity in Quebec and Canada is strongly connected to degree of economic openness, especially with regard to other markets.
2-minute read
The Montreal Economic Institute says “yes” to oil made in Quebec
Thursday, April 26, 2012 – Even if governments around the world enacted costly programs to promote “green” energy, oil would remain the world’s primary source of energy between now and 2035, according to the International Energy Agency’s projections. Quebec is not exempt from the upward global trend in oil consumption, which has increased by 4% in the province over the last 20 years.
3-minute read
Old Age Security at 67: a timid, belated adjustment
Tuesday, April 17, 2012 – For Yves Guérard, an internationally renowned actuary and the author of a new publication from the Montreal Economic Institution (MEI), the raising of the age of eligibility for Old Age Security program benefits from 65 to 67, as announced in the last federal budget, is an absolute must. Still, this belated adjustment remains timid, according to him.
2-minute read
Despite anticipated cuts, the federal budget will grow by $7B from now until 2014-2015
Tuesday March 27, 2012 – “The concerns expressed by union leaders who fear that the next federal budget will destroy public services in Canada are greatly exaggerated,” asserts Filip Palda, associate researcher at the Montreal Economic Institute (MEI) and a professor at the École nationale d'administration publique (ÉNAP).
2-minute read
Quebec’s debt will increase by $28M a day in 2012, according to the Montreal Economic Institute’s Debt Clock
March 20, 2012 – Quebec’s public sector debt has now reached $248 billion dollars. Following the tabling of the budget, the Montreal Economic Institute (MEI) updated its Quebec Debt Clock in real time. For the 2012-2013 year, the clock will advance by $10.2 billion, the equivalent of $28 million a day or $19,331 a minute.
“Zero deficit” does not mean “zero indebtedness”
3-minute read
L’Institut économique de Montréal ne cédera pas à la violence et à l’intimidation
Montréal, le 15 mars 2012 – Une quarantaine de jeunes cagoulés ont tenté de s'introduire dans les bureaux de l'Institut économique de Montréal (IEDM) mardi dernier. Ils ont notamment tenté de défoncer la porte d'entrée des bureaux de l'IEDM tout en criant des menaces. Ils ont séquestré ses employés, en plus de commettre plusieurs actes de vandalisme.
4-minute read
Le ministre doit faire la différence entre le financement et la prestation des soins de santé
Montréal, le 22 février 2012 – L’Institut économique de Montréal (IEDM) est heureux de constater que sa publication lancée hier, intitulée Le secteur privé dans un système de santé public : l’exemple allemand, a suscité l’intérêt du ministre de la Santé par le biais d’un commentaire de son attachée de presse rapporté dans
3-minute read
Private hospitals within a public health care system: the German example
Montreal, February 21, 2012 – As headlines in the last few days have again reminded us, emergency room overcrowding and long waiting times for surgery have not diminished in Canada. Other developed countries are doing a better job of managing these problems through use of the private sector.
2-minute read
Airline industry: coordination agreements are good for consumers
Montreal, February 9, 2012 – The airline industry has been experiencing difficulties for a decade and the Competition Bureau’s intention to block the joint venture between United Continental and Air Canada, which employs 23,000 people in Canada, will not help the situation, according to the most recent publication of the Montreal Economic Institute (MEI). Indeed, studies show that coordination agreements between airline carriers are beneficial.