Having trouble viewing? Try the web version [link removed] of this email. Latest Research UN climate goal of limiting warming to 1.5°C contradicts expert advice; significant costs compared to estimated benefits

Off Target: The Economics Literature Does Not Support the 1.5°C Climate Ceiling finds that the government policies required to implement the Intergovernmental Panel on Climate Change’s goal, to limit the global average temperature increase to 1.5 degrees Celsius, would impose social and economic costs that far exceed the expected benefits.

Read More [[link removed]] Nearly half of all Canadian private sector industries experienced a major drop in investment from 2015-19

Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019 examines how, despite the absence of a major recession (as Canada experienced in the early 1990s and 2008-09), more domestic industries experienced decreases in capital investment from 2015 to 2019 than at any other time since 1990. Critically, a majority of industries decreased investment in machinery, equipment and intellectual property products (such as software), which all significantly impact productivity.

Read More [[link removed]] New book explores key ideas of Nobel laureate economist Ronald Coase [[link removed]]

The Essential Ronald Coase spotlights the British economist whose insights into transaction costs changed the way economists understood the costs and potential barriers to exchanging goods and services.

Read More [[link removed]] Commentary and Blog Posts Canadians generating less waste– despite growing economy [[link removed]] (Appeared in the Edmonton Sun) by Jairo Yunis and Elmira Aliakbari

On a per person basis, Manitoba generated 962 kilograms of solid waste in 2002 compared to 891 kg in 2018—the largest reduction of any province.

It shouldn’t take three levels of government to pay for a train [[link removed]] (Appeared in the Hub) by Steve Lafleur

The prime minister is making the rounds, pledging money for various public transportation projects.

Delayed drug approvals in Canada—here’s why [[link removed]] by Dr. Nigel Rawson

New drugs are approved later in Canada than in the United States and European Union.

Ottawa must exercise more control over borrowing and spending [[link removed]] (Appeared in National Newswatch) by Jake Fuss

If this happens, interest payments on the federal debt would rise by nearly 60 per cent.

Government shouldn’t mandate four-day workweek [[link removed]] (Appeared in the Toronto Sun) by Steven Globerman

More leisure time may result in better employee health and increased creativity.

Proposed ‘drug price’ changes threaten access for Canadian patients [[link removed]] by Kristina M.L. Acri, née Lybecker

Advanced clinical trials in Canada, which were consistent between 2015 and 2019, decreased by 26 per cent in 2020.

Trudeau government ‘buy back’ firearms plan may cost up to $6.7 billion [[link removed]] By: Gary Mauser

Licenced firearms owners are much less likely to commit criminal acts than other Canadians.

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