Canadian merchandise trade deficit narrows in May

Canada's merchandise trade deficit with the world narrowed from $4.3 billion in April to $677 million in May, says Statistics Canada

Canadian merchandise trade deficit narrows in MayCanada's merchandise trade deficit with the world narrowed from $4.3 billion in April to $677 million in May, according to a new report released Thursday by Statistics Canada. “Following historic declines in April that saw exports and imports lose more than one-quarter of their monthly value due to the COVID-19 pandemic, exports increased 6.7 per…

Canada missing out on natural gas boom – again

The opposition to fossil fuels such as natural gas is driven by magical thinking and is against all empirical evidence

Canada missing out on natural gas boom – againBy Mark Milke and Lennie Kaplan Canadian Energy Centre As the lockdown from the COVID-19 pandemic ends, provincial and federal governments will still face the reality that arrived in its wake: a recession, and one made worse by a domestic energy sector that never really recovered from multiple injuries already in play. Those injuries included:…

Nationalism should be at the core of Canada’s identity

As the COVID-19 crisis has shown, open borders mean diseases travel more rapidly and supply chains are endangered

Nationalism should be at the core of Canada’s identityPope Francis recently praised attachment to one’s own culture and place. He criticized global capitalism with its “consumerist vision of human beings” for its “levelling effect on cultures, diminishing the immense variety which is the heritage of all humanity.” But in Canada, nationalism – the idea that one should have particular regard for one’s own…

Bold action needed to repair Canada’s economy

In the post-COVID-19 era, government needs to invest in game-changing projects. Here are some good places to start

Bold action needed to repair Canada’s economyThe clamour to reopen the economy has reached a crescendo in many parts of North America. But the global economic impact of the COVID-19 pandemic will be far-reaching for years to come. Canadian historians list 1935 as the year the worst of the Great Depression was over. But the nation really didn’t begin to return…
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