Since starting its fight against inflation last March the Bank of Canada has been focused on little else. That is in stark contrast with many of the country’s finance ministers, who have raised spending and increased government hiring. Coordination between our monetary and fiscal authorities would make the Bank’s job a lot easier. Failing that, however, the Bank should continue do what is necessary to get inflation back to target.

The onset of the pandemic saw unprecedented coordination between fiscal and monetary authorities around the globe, including in this country. The Bank of Canada lowered its policy rate to its effective lower bound (0.25 per cent) and then turned to less conventional monetary…

The recent controversy sparked by Ontario’s announcement that it will expand the use of private surgery and diagnostic-imaging clinics has missed the point. Health care in Ontario is already much more “private” than most people know, and the province has never had a universal system that is publicly funded and publicly delivered in a truly comprehensive manner. Myths about how our health care system does (or does not) work are unhelpful when attempting to address the very real challenges that result in long delays for surgeries and doctor’s appointments.

A major point of contention is the spending of public money on procedures completed at “for-profit” clinics, which is usually a criticism levied at the province for moving…

J'ai beaucoup d’admiration pour la Caisse de dépôt et placement du Québec (CDPQ), où je suis passé, comme beaucoup. Pourtant, même si elle est le gestionnaire idéal de notre rente, ce serait une fausse bonne idée de lui confier nos régimes enregistrés d’épargne-retraite (REER).

Michel Girard, chroniqueur au Journal de Montréal, propose de permettre aux Québécois « d’investir directement une portion de leurs épargnes dans un fonds commun de placement basé sur le gigantesque portefeuille diversifié de la Caisse. »⁠1 La distribution serait confiée à Épargne Placements Québec.

Malheureusement, il serait difficile de « cloner » le rendement de la CDPQ, car plus du tiers de ses actifs est constitué de placements peu liquides, qu…