• Central Banks Facing Credibility Trap

    Central Banks Facing Credibility Trap

      When the Governor of the Bank of Canada, Stephen Poloz, insisted in New York this week, “the idea that monetary policy just isn’t working any more [is] one myth I’d like to dispel right off the top,” he was right — to a point. Yes, exceptionally low interest rates and other unconventional monetary policies

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  • EU or Commonwealth: Where Does Canada Fit in Britain’s Plans?

    EU or Commonwealth: Where Does Canada Fit in Britain’s Plans?

    In 2009, George Monbiot wrote a much-trafficked op-ed in The Guardian on the Canadian tar sands political-industrial complex, blaming it for the “astonishing spectacle of a beautiful, cultured nation turning itself into a corrupt petro-state.” The author blamed the government of Stephen Harper and its then anti-climate talks antics in particular: “The immediate threat to the global effort to

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  • Arms to the Saudis: Wrong Decision, Right Result?

    Arms to the Saudis: Wrong Decision, Right Result?

    Those defending human rights are used to the many contradictions involved. They demand of the same governments responsible for torture and discrimination that they uphold international prohibitions on such abuse. Their impartial reporting is seized on at politically opportune moments to embarrass another regime, and then otherwise ignored. And they appeal to governments that have

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  • Canadian Forces Reality Check: Time to do Less with Less

    Canadian Forces Reality Check: Time to do Less with Less

    The Liberal government announced on April 6 that it is launching public consultations to inform the drafting of its new defence policy. In launching the review, Defence Minister Harjit Sajjan emphasized that defence policy must be shaped by the defence needs of the country. This is as it should be. In practice, however, defence policy

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