Economy

Big Numbers – Big Lies

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The election results were disheartening; it was, as many have commented, a victory of style over substance. Hope for something unachievable (a debt free B.C. in fifteen years) and fear of a leader and party that does not exist (an untrustworthy Chavez of the north) won the day. It was not a great moment for… View Article

The Green Part of Green

May 10, 2013
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Unlike a number of green advocates, political and otherwise, I think there can be some significant benefit for British Columbians from the development of LNG exports, particularly if issues around the supply and pricing of electricity, and the regulation and offset of industry GHG emissions are properly addressed. Nevertheless, I do agree with those who argue… View Article

Debt Free BC?

May 4, 2013
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It is pretty clear that the election-inspired promise of a debt free BC is not to be taken seriously. There is no credible market analysis indicating that the royalties from B.C. LNG exports would be sufficient to do that in 15 years, as the Premier would have it. The potential for increased gas supply from… View Article

Project Mania

Apr 26, 2013
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One can excuse politicians in the heat of a campaign of simplifying issues and seeking out tags and slags in lieu of substantive debate. But there is no excuse for leading columnists of major newspapers, like Barbara Yaffe in her most recent attack on the BC NDP, to do the same. Yaffe raises the spectre… View Article

Are average Canadians paying too much in taxes?

Apr 24, 2013
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On April 23, the Fraser Institute released the annual update of their misleading Consumer Tax Index report. The piece is meant to feed the anti-tax sentiment with numbers sprinkled liberally for their shock value instead of providing any meaningful analysis. Here are some of the main flaws with the report’s methodology. If what follows sounds… View Article

Assessing BC’s Fiscal Health: Can BC afford more deficits?

Apr 17, 2013
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By Seth Klein and Iglika Ivanova [Note: this piece has also appeared in the Tyee here.] OK, time for a reality check on BC’s deficits. Simply put, while arguments about deficits and “who is the better fiscal manager” may make for entertaining politics, there is no compelling economic reason why BC cannot run a few… View Article