The rising cost of living has pushed the central bank to act, and it has acted wisely, raising the policy interest rate. Now the federal government has to act.

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 this publication.

The federal government loosens the purse strings with such ease that there is good reason to worry about the national debt—already gargantuan—of over $1.262 trillion.

Les mesures politiques populistes telles que l’augmentation des impôts sur les banques et les compagnies d’assurance entraînent des coûts substantiels pour les consommateurs et les épargnants.

April 7, 2022 | 5 min. 22 sec. | Droit Devant (106,9 FM) Interview (in French) with Olivier Rancourt, Economist at the […]

Avec le dépôt du budget fédéral cette semaine, plusieurs points d’importance doivent être abordés pour assurer la croissance de l’économie canadienne en cette période d’instabilité internationale.

There is no obvious short-term solution to correct the unintended consequences of long-standing low interest rate policies. Over time, interest rates should be allowed to rise to market-determined levels.

Le gouvernement doit réellement mettre le pied sur la pédale de frein et se doter d’une stratégie à moyen et à long terme avant que les dépenses surpassent les revenus pour de bon.

On Tuesday, March 22, the Quebec government tabled its 2022-2023 provincial budget. In this publication, we note the significant growth in portfolio spending in recent decades, taking into account the newly-released numbers, and we use different scenarios to illustrate the magnitude of this increase.

On apprenait récemment que les géants de la bière réclament la mise en place d’une réglementation du prix plancher afin de lutter « à armes égales » contre leurs concurrents.