Month: September 2020
Sep 22, 2020
Public policy in Canada remains haunted by large deficits that prevailed in the 1980s and early 1990s. With COVID-19 economic response pushing the federal deficit to an estimated $343 billion in 2020/21, some pundits are starting to beat the deficit panic drum again. Don’t let big numbers scare you. Here’s why we shouldn’t be worried. … View Article
Sep 16, 2020
When you add up the total wealth growth of Canada’s richest 20 billionaires since the March 2020 COVID-19 lockdown, their wealth has ballooned by $37 billion. Data from Forbes’ annual billionaires list and their “real-time billionaires” listing shows that Canada’s top 20 billionaires have amassed an average of just under $2 billion in wealth gains… View Article
Site C’s radical makeover: What the ‘L’ is going on at problem-plagued dam construction project where costs keep piling up and completion remains years away?
Sep 11, 2020
BC Hydro knew 30 years before it started building the Site C dam that its chosen location for the most expensive publicly funded infrastructure project in British Columbia’s history had big problems. In fact, by the 1980s, BC Hydro had done tests showing that the ground at Site C had serious flaws “due to the… View Article