Economic Note on the equalization formula and its impact on the development of natural resources
The federal equalization program will distribute over $15 billion to the relatively "poorer" Canadian provinces in 2012-2013. The formula used to calculate the amounts to be paid out was significantly modified in 2007. In recent months, numerous criticisms have been expressed, which may be a sign of more contentious debates to come until the revision of the equalization formula in 2014.
Review of the federal government's spending and workforce cuts
In its updated 2011 Budget tabled after the last election, the federal government announced a Strategic and Operating Review of its spending, the results of which will be unveiled when Finance Minister Jim Flaherty delivers his next budget on March 29.
Economic Note on the liberalization of the Canadian postal sector
After months of unsuccessful negotiations and conciliation talks, Canada Post workers voted by a margin of 94.5% in favour of going on strike at the end of May if they do not reach a negotiated settlement with their employer. The time is right to evaluate the costs that a postal service monopoly imposes on consumers and on the economy as a whole. To determine which reforms might lead to the best postal service at the best price, we should study the experiences of other countries.
Economic Note on the historical results of the SGF
The Quebec government has just announced its intention to merge the Société générale de financement (SGF) and Investissement Québec. However, nothing indicates that their respective mandates will be modified. The debate that has begun over this reform offers the perfect occasion for evaluating the historical results of the SGF. Doing so will clarify why it is important to redefine the mandate of the government corporation that will result from this merger. The province of Quebec will benefit if the government leaves the financial risks associated with business development to the private sector while guiding economic development through an appropriate regulatory framework.