The New Year brought a dramatic hike in Ontario’s minimum wage. The fight for fifteen is a job-killing fad and it’s not likely going to reduce poverty. The the Bank of Canada has warned, of job losses across the country, especially for young people. Employers will raise prices, cut hours, or lay off [...]
By Sylvain Charlebois (AIMS Senior Fellow) Loblaw’s’ gift of $25 to all Canadians has received mixed reviews. As of January 8, anyone can go online and register for a $25 gift card, to be redeemed at any Loblaw-owned stores. Last December, Loblaw confessed to running a price-fixing scheme on bread with Weston Bakeries, a sister [...]
By JOHN RISLEY (AIMS Chairman of the Board) Atlantic Business Magazine, 13 January 2018 On November 24, Atlantic Canada submitted an application to the federal government for funding under the Super Cluster program. If we are successful (we might know the answer by the time this is published), the program will unleash over $400 million [...]
Media Release A promising opportunity for Atlantic Canada: On-shore gas can unlock much needed prosperity Halifax - 10 January 2018: Reports surfaced this week that the Province of Nova Scotia's internal estimates value its on-shore natural gas deposits to be worth as much as 60-billion dollars. In a province struggling economically with high debt, out-migration, and [...]
By SYLVAIN CHARLEBOIS (AIMS Senior Fellow) There has been a lot of noise on cryptocurrencies and Bitcoin of late. While some suggest cryptocurrencies are a fraud, others believe them to be the next economic revolution the world has seen since the internet. Bitcoin has brought to light the interesting concept of blockchain technology which offers [...]
By ROBERT ROACH (AIMS Senior Fellow) Troy Media, 17 December 2017 Canada is a big and diverse place. People, power, economic opportunities, public policy priorities, language and cultural nuances are not evenly spread from sea to sea to sea. It’s always been a struggle to make sure the various regions are working together, treated fairly [...]
December 8th, 2017: AIMS President Marco Navarro-Génie discusses his reaction to the government's plan for the sale of recreational cannabis and why private sector sales would be more beneficial to the province.
All four provinces in Atlantic Canada will sell marijuana through government-owned liquor corporations. More government is not the solution. Atlantic Canada needs more entrepreneurs, especially in rural areas. We already have private growers creating more jobs, and taking a piece of the growing market for legal marijuana. Private retailers can provide better service [...]
Originally published in the Telegram By Jeffrey Collins Newfoundland and Labrador’s finances exist in a fog. Our 40 members of the House of Assembly are constitutionally required to deliberate and vote on billions of dollars’ worth of spending contained in budgets, supplementary estimates and program proposals annually. And yet outside of those select few MHAs [...]
On December 6th, 2017, President and CEO of the Atlantic Institute for Market Studies, Marco Navarro-Genie, discussed the province's decision to distribute cannabis through the public sector and why private sector endorsement would be a more appropriate course of action.