Tag Archive: Olympics

What should our government be spending money on?

Sep 16, 2009
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One question that is missing from the public debate on deficits and debt is whether we’re getting the best bang for the stimulus buck. Even if we accept that it’s appropriate for governments to borrow and engage in deficit-financing during a recession, as I have argued here, we need to have a discussion about the… View Article

On tough times and priorities

Sep 10, 2009
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The BC government cannot afford $130,000 for the budget of BC School Sports, a volunteer organization which organizes sporting events for students. This is likely to affect 100,000 high school athletes across the province whose meets and competitions will be canceled. “It’s not business as usual right now,” explained Education Minister Margaret MacDiarmid, quoted in… View Article

Beggar-thy-neighbour politics in Metro Vancouver

Mar 13, 2009
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Surrey Mayor Dianne Watts made the news this week calling for property-tax-free zones in Surrey to attract new business to her city. Of course, in a climate where businesses are not making new investments, this will at best lure businesses from other parts of Metro Vancouver. Economists call these beggar-thy-neighbour policies because you can only… View Article

UN raps our housing record

Mar 11, 2009
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In mid February, a report was released that received very little attention, but should have: The report of the UN’s Special Rapporteur on Adequate Housing’s Mission to Canada (hat tip to Jean Swanson for drawing the final report to my attention; it can be found here; just scroll down to the “Mission to Canada”.) The… View Article

Partisan claims and the BC economy

Feb 23, 2009
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BC’s recession and election together mean things are going to get nasty in the political realm. Already we seeing plenty of sneering commentary from our esteemed cabinet ministers. Consider this jibe from Colin Hansen, the Minister of Finance, in his annual address to the brethren of Sigma Chi: “I want you to think about one… View Article

Accounting games of Olympic proportion

Feb 20, 2009
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The long awaited 2010 security budget was finally unveiled today. The latest estimate pegs the cost of securing the Olympics at $900 million or just over five times more than the original estimate of $175 million. BC’s portion of the total now sits at $252.5 million or roughly three times more than its original price… View Article

End Poverty. It’s Not a Game.

Feb 12, 2009
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That’s the catchy slogan for the Poverty Olympics, which took place in Vancouver’s Downtown Eastside on Sunday. The event mixed fun and games with a serious message about our province’s failure to adequately tackle poverty and homelessness while we spend spend spend getting ready for the 2010 Olympics (more in this Wall Street Journal article…or… View Article