We are entering a new global normal. Things will not be as they were. What is emerging is a new multipolar world: economic power is being dramatically redistributed; political, military and technological power will follow. The …
Read MoreToo often, when world attention turns to Canada, it is intermittent and with a narrow lens, rather than a broad focus. That is unfortunate, because in today's volatile and uncertain global environment, with all countries …
Read MoreCanada has elected its first majority government in 11 years, and one with considerable experience in governing and a prime minister who is now, after Germany's Angela Merkel, the second-longest serving G7 leader. With the …
Read MoreThe world economy is now emerging from the shock of the first global financial crisis and synchronized world-wide recession since the 1930s. Given the perceived sophistication of financial markets, the regulatory and surveillance structures established …
Read MoreIt would be rather understandable for a neutral observer of global energy developments in 2011 to sympathize with John Cleese, of Monty Python fame, as he gasps "It's not the despair Laura, I can stand …
Read MoreAfter more than 10 years of balanced budgets and robust growth, Canadians are waking to a new decade faced with challenging fiscal deficits and competitiveness pressures constraining growth. Fortunately, public opinion in Canada recognizes the …
Read MoreDiscussions about the Canada-Asia energy relationship are often divisive and polarized. We lack a strategic framework for Canada's energy relationship with Asia, one that attempts to bring together often conflicting facts and certainly diverse views. …
Read MoreBudget-making is never simple, but in the immediate postbudget punditry its complexity is often lost. Good fiscal planning deals with the today and the beyond; it attempts to balance shorter-term fiscal stability with longer-term fiscal sustainability, …
Read MoreThe development of a country's foreign policy begins with a clear definition of one's national interests; this is then overlaid with a deep understanding of the global environment and domestic context the country faces; then …
Read More“Productivity isn't everything,” Paul Krugman once wrote in his New York Times column, “but in the long run it is almost everything.” Strange then, with Canada's poor productivity and innovation performance compared to that of …
Read MoreThe world economy is now, thankfully, in recovery after the Great Recession. But what sort of global recovery will it be? Where are the shoals and safe harbours? As Churchill noted, “It is always wise …
Read MoreUne « nouvelle normalité » mondiale est en marche. Rien ne sera plus comme avant. Nous assistons à la naissance d'un nouveau monde multipolaire issu d'une répartition radicalement différente du pouvoir économique, qui touchera bientôt le …
Read MoreAt the start of a new decade, Canadians have much to be proud of, solid grounds to be ambitious for our future, and no reasons whatsoever to be complacent. Canada weathered the worst global financial …
Read MoreFiscal policy has become uncommonly topical of late, first for what it had to do more of to combat the great global financial crisis and recession, and now for what it has to do less …
Read MoreLet me begin at the end. I believe that public perceptions of the role for government are undergoing change, reflecting underlying global forces of structural change, combined with the shock of the worst global financial …
Read MoreCanada is preparing to co-host, with Korea, the G20 meeting of world leaders in Toronto at the end of June. Every year brings challenges, some old, some new, for summits to tackle; rarely have the …
Read MoreCanadians do business, earn their livelihood and buy their goods and services, whether they always recognize it or not, in a truly global marketplace. That global marketplace is now experiencing the first synchronized worldwide recession …
Read MoreThe words “energy” and “security” resonate a strongly with the average American. Inexhaustible and inexpensive energy have long been core to popular American beliefs about what drives economic growth and standards of living. But the notion …
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