Publications

Les Débats de l’IEDM : Le confinement en vaut-il le coût? (in French only)

A dialogue of the deaf has been going on for months now between those who support lockdowns and those who have doubts about their effectiveness. Both camps often display a lack of civility, with insults flying in all directions. It is therefore quite difficult to find a good summary of the arguments of both sides. It is with a view to addressing this lack and helping people make up their own minds that the MEI has prepared this debate between two experienced economists on the costs and benefits of lockdowns.

The CFS: A Measure That Will Hurt Canada’s Economic Recovery

The federal government will soon publish the new Clean Fuel Standard (CFS). Although this reform has attracted less attention from the general public than the imposition of a carbon tax, it is once again Canadian manufacturing companies and consumers who will feel its effects. This Montreal Economic Institute publication shines a light on the unintended consequences of the CFS.

Wealth Taxes End Up Hurting Main Street

The idea of a Canadian wealth tax continues to inspire certain politicians and activists. Less than two weeks ago, the Parliamentary Budget Officer again responded to a request from a member of the House of Commons regarding the cost of such a tax. As recently as July 13, 2020, the media reported that heiress Abigail Disney and others of the “super rich” were calling for the introduction of a wealth tax to finance COVID-19 assistance measures. This publication highlights the inefficiency of this kind of tax, and the fact that it is less well-off taxpayers who pay for it in the end.

Ending the Lockdown Depression

Lockdown measures were put in place hastily and, apparently, without considering their economic and social costs. In this publication, researchers attempt to quantify the impact of lockdown measures.

Principles for Responsible Government Relief During a Crisis

The economic catastrophe due in large part to physical distancing measures has led the various levels of government to implement relief measures. This MEI publication provides a critical look at the relief measures currently in effect all while identifying the principles that should guide government action. The researchers notably observe that measures aiming to preserve employment links, like wage subsidies, are the most conducive to rapid economic recovery.

The Flawed COVID-19 Model That Locked Down Canada

Restrictions continue to be gradually eased in Canada, but as there is talk of a second wave, it is more important than ever to question the case for lockdown. This MEI publication provides a critique of Professor Neil Ferguson’s epidemiological model, which led to lockdown in this country.

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