Regulations

Consolidation in the Air Sector: Should We Be Worried?

With Air Canada seeking to acquire Air Transat, many public figures have made comments to the effect that this consolidation would lead to price increases. This argument is based on the premise that competition in a given market is determined by the size and the number of firms that are active in that market.

The Cumulative Impact of Harmful Policies – The Case of Oil and Gas in Alberta

According to the International Energy Agency, the global demand for hydrocarbons is expected to keep increasing at least until 2040. Yet in Canada, during the past year or so, an unusually large number of major events—essentially all negative—affected the oil and gas industry. The departure of international companies, pipeline project delays, and unprecedented discounts on Western Canadian Select (WCS) are just some of the signs that the country’s oil and gas sector is facing serious challenges.

Back to top