Interest Rates

We just moved to a 5% interest rate here in Canada. The reason, we are told, is to combat inflation. There certainly does appear to be inflation; prices are noticeably higher after the pandemic. But are interest rate hikes the cure? The argument is that inflation is caused by increased spending, especially on debt-funded high-ticket…

Contract Day

Illustration of people supporting CUPE

With all the delicacy of a sledgehammer, Doug Ford’s conservative government in Ontario has crafted an elegant solution to negotiating with public sector unions: Don’t. Instead, as a government, simply define what you want the contract to be, override any constitutional protections the union may have by using the ‘notwithstanding’ clause, and impose it on…