-
The Gloves Are Off: Throne Speech Launches New Parliamentary Session
The Liberals are back in the House of Commons, at least for the next few days. Yesterday, a rag tag group of socially distant Liberal MPs (and a few opposition ones as well), honoured Parliamentary tradition and trudged across Wellington Street in Ottawa to stand like supplicants at the back of the Senate Chamber. There,…
-
Finance Minister Resigns: Where Does That Leave The Liberal Government?
The resignation of a finance minister is no small matter. For an opposition party, bringing down a finance minister is the equivalent of bagging big game (in the political jungle). For a government, losing a finance minister (because of a rupture in the relationship with a prime minister or over policy disagreements) is a huge…
-
Canada Applies The Breaks On Foreign Takeovers
Canada is definitely not fully open for business “until the economy recovers from the effects of the Covid-19 pandemic.” In a terse announcement in the middle of this past weekend, the Investment Review Division of Innovation, Science and Economic Development Canada moved to protect from foreign takeovers, businesses: “related to public health or involved in the supply…
-
The death of cash is a problem for the Bank of Canada