I don’t understand why environmentalists are supporting regimes that are well-known for their corruption and human-rights abuses, like Iran or Venezuela. Mich from Beating the Index had some great thoughts on the matter: “The US oil and gas sector played a part in the job improvement in 2011 by creating 37,000 jobs directly and 111,000 [...]
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Canada’s 2012 Budget: Does It Deliver, or is It Full of BS?
Canada’s Economic Action Plan 2012 is out! Did the new budget cut as much as some people feared? Did it cut enough? Are we on a path toward sustainable government and responsible spending levels? Read on and find out more. First, to get an idea of what Canada’s spending is like, let’s review actual spending [...]
Weekend Reading, Protests Edition
Quebec has been the site of a lot of student protests lately. Quebec has historically had very low tuition rates for in-province students: 1 year of medical school 1 year of social sciences Québec $1,968.00 $1,968.00 Ontario $16,878.00 $5,001.00 California $26,200.00 $8,373.00 However, this is set to change. Rates are going to increase by about [...]
Why Are the Students in Québec Protesting?
A massive student strike took place in Québec on March 22. The students are protesting proposed tuition rate increases by the government. The students are getting desperate, and on the 20th, they blocked a major commuter artery, causing untold delays and frustration. I’m not sure if they realize that hurting private citizens, the ones that pay [...]
Canada’s Housing Market and Interest Rates
Squirrelers recently wrote about the paradox of low interest rates and falling housing prices in the U.S. He notes that due to the fallout from the crash and the stumbling economy, mortgage rates are among the lowest they’ve been for a long time, while house prices are also falling. Canada, however, is a different story. Here, mortgage [...]
Why Are Cell Phone Voice and Data Plans So Expensive in Canada?
AN ECONOMY THAT IS DOMINATED BY A FEW LARGE COMPANIES Bell, Rogers, Telus. The “big three”, as these companies are affectionately called. They have become ubiquitously known for their expensive voice and data plans, collusion, and exceptionally rude customer service representatives. They also control many subsidiary brands that are owned and controlled by these same [...]
Orwellian Online Surveillance Bill To Cost Canadians Millions
BILL C-30: THE “PROTECTING CHILDREN FROM INTERNET PREDATORS ACT”, OR A WOLF IN SHEEP’S CLOTHING It seems that governments everywhere can’t wait to get their hands on people’s private data and snoop in on their affairs, and Canada is no exception. With the introduction of bill C-30, otherwise known as “Protecting Children from Internet Predators [...]
Harper’s Plan to Cut Canada’s Old Age Security (OAS) Program
The Internet is afire with news that the Conservative government of Canada is planning to raise the minimum age for Old Age Security, as part of a comprehensive government-wide cost-cutting measure for the upcoming federal budget. I first heard about this news from my grandmother, who was scared that her benefits were going to be [...]
Are Your Bad Habits Costing You Money?
The following guest post is brought to you by Debt.ca. Many Canadians are trying to pay off their outstanding debts. If you are like most, you may barely be able to make the minimum monthly payments required on your debts. Depending on the amount of money you owe to your creditors, it may take several [...]
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