Ontario’s escalating hydro costs under the Wynne government

March 17, 2017 – Lee Friday …… A recent opinion poll suggests Kathleen Wynne’s majority Liberal government will suffer a crushing defeat in the 2018 provincial election. Opinions may change, but if the Liberals lose, should we be satisfied that they have been held sufficiently accountable for the significant increase in hydro costs on their watch? Continue reading →

Does ‘consumer spending’ really help the economy?

February 28, 2017 – Lee Friday …… Retail sales figures are announced and discussed on a regular basis by business reporters in the mainstream media. The conventional view is that rising sales i.e. more consumer spending is a symptom of a healthy economy. However, this view is a symptom of economic ignorance. Continue reading →

Does CIBC CEO Victor Dodig believe in free trade, or just the illusion of free trade

February 24, 2017 – Lee Friday …… Many countries negotiate Free Trade ‘Agreements’, but this is a misnomer. If politicians wanted genuine free trade, such agreements would be redundant. It is important to remember that countries do not trade with each other, individuals do. Politicians enact these agreements on behalf of specific individuals within special interest groups, not on behalf of consumers. Continue reading →