Ten things to know about the 2018 Saskatchewan budget

I’ve written a ‘top 10’ blog post about the recently-tabled Saskatchewan budget. Points raised in the blog post include the following: -This year’s budget was quite status quo. -Last year’s budget, by contrast, included a series of cuts to social spending. Last year’s budget also announced cuts to both personal and corporate income taxes that were subsequently reversed. -Saskatchewan has […]

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Book review: Social policy in Canada (2nd edition)

Oxford University Press has recently released the second edition of Social Policy in Canada, co-authored by the father-daughter duo of Ernie Lightman and Naomi Lightman. I recommend this book as an excellent resource for students of social policy. It will be useful for classroom instruction, while also being a handy reference for researchers, persons who design and administer social policy, […]

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Fiscal situation of Canada’s ‘oil rich’ provinces

I’ve just written a blog post about the fiscal situation of Canada’s ‘oil rich’ provinces (i.e., Alberta, Saskatchewan and Newfoundland and Labrador). It consists of a summary of key points raised at a PEF-sponsored panel at this year’s Annual Conference of the Canadian Economics Association. Points raised in the blog post include the following: -The price of oil is impossible […]

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A Response to the 2017 Saskatchewan Budget

I have an opinion piece on Saskatchewan’s recent budget in the Regina Leader-Post. Points raised in the opinion piece include the following: -Reductions in personal and corporate income taxes help the rich more than the poor (and this budget cut both personal and corporate income taxes). -Increases in sales tax hurt the poor more than the rich (and this budget […]

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The Alternative Federal Budget 2017

This year’s Alternative Federal Budget (AFB) was released on March 9. I was proud to be the primary author of its housing chapter (that chapter is available in English here and in French here). The first AFB exercise began in 1994, with the first AFB being published in 1995. That involved a joint effort between the Canadian Centre for Policy […]

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Empty Conservative Rhetoric on Pipelines

Letter to the editor in today’s Regina Leader–Post (page A10): A Tory Stunt The Oct. 9 photo accompanying the story “Tory candidates laud pipeline industry” showed pipe produced at Evraz stored outside the fence of another company, where this Conservative campaign stunt was held. The story did not mention that the company concerned uses pipe imported from China, which does […]

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Will Oil & Potash Put SK Back in Black?

The Sask. Party government pulled out all the stops yesterday to report an ostensibly balanced budget, quite possibly the last one before next spring’s provincial election. Revenue Assumptions The drop in oil prices is a huge fiscal blow to Saskatchewan, and one of the ways the government projects continued balanced budgets is by assuming a rebound in oil prices. Perhaps more […]

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PotashCorp Projects Low Royalties

Today’s fourth-quarter report indicates that PotashCorp paid “provincial mining and other taxes” of $194 million on potash sales of $3 billion in 2013. In other words, Saskatchewan’s resource surcharge and potash production tax amounted to just 6.5% of the value of potash sold. Adding the basic Crown royalty (which PotashCorp includes in “cost of goods sold”) and subtracting New Brunswick […]

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Dutch Disease, Prices and Wages in Saskatchewan

Jim Stanford recently pointed out that many of the conservative economists who had defended the overvalued loonie have quickly shifted to applauding its depreciation. The Government of Saskatchewan may be making a similar conversion on the road to Damascus. When federal NDP leader Tom Mulcair expressed concern about Dutch disease, premier Brad Wall denied that the high exchange rate was […]

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Canada-Europe Deal Not About Trade

I have the following letter to the editor in today’s Prince Albert Daily Herald: Canada-Europe Deal Not About Trade In their letter of Dec. 3, Darryl Hickie and other Sask. Party MLAs back away from his previous claim that the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union (EU) would be a boon to the Prince […]

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Weir vs. Wall on Potash Profits, Dividends and Royalties

Earlier this week, PotashCorp laid off 440 workers in Saskatchewan. Here are the closing paragraphs from today’s front-page story reporting a letter from Premier Brad Wall asking the company to consider reducing its dividend payments to shareholders in order to maintain jobs in Saskatchewan: Regina economist and former NDP leadership candidate Erin Weir said if Wall truly wanted to transfer […]

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A Nuclear Error: Uranium Royalty Cuts

On Thursday’s Lang & O’Leary Exchange (at 24:45 in this CBC video), I noted that while the Government of Canada just signed a deal with Kazakhstan allowing Cameco to invest more in that country’s uranium industry, the Government of Saskatchewan recently slashed its uranium royalties to encourage Cameco to invest in the province rather than in Kazakhstan. It’s a win-win […]

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The Perils of Passivity

Almost a year ago, Paul Krugman wrote a blog post entitled “Inaction is the Greatest Risk.” He was addressing American monetary policy, but the same theme applies to Saskatchewan politics. Much as Krugman warned readers upfront that his post was “wonkish,” I’ll admit that the following is “hackish.” For several months, Saskatchewan Premier Brad Wall has been trying to reposition […]

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This is Not the Saskatchewan NDP’s Official Position

I have the following opinion piece in the latest (September 2013) edition of The Commonwealth, accompanied by this disclaimer: “The views expressed in this article do not necessarily represent the official position of the Saskatchewan NDP.” Comparing the NDP and Sask. Party Employment Records Right-wing politicians often win elections by presenting themselves as good economic managers. British Columbia’s provincial election […]

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Royalties should be the Keystone of Saskatchewan’s Petroleum Policy

The Saskatchewan Party has appropriated the province’s name, flag and football team. More recently, it asserted a new symbol of Saskatchewan patriotism: the proposed Keystone XL pipeline. Earlier this year, provincial energy and resources minister Tim McMillan had the following letter in Regina’s Leader-Post: Province Needs XL (January 28, 2013) I write in regard to recent Leader-Post coverage of the […]

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Sask. Party Spin Outstrips Population Growth

Sask. Party spin appears to be growing even faster than the province’s population. Today’s Saskatchewan government news release quotes Premier Wall as saying, “We have the strongest job growth and lowest unemployment in Canada.” By what measure does Saskatchewan have the strongest job growth? Statistics Canada’s Labour Force Survey indicates that employment grew by 2.9 per cent in Saskatchewan and 3.6 […]

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Regina’s P3 Columnists

As the referendum on whether to privatize Regina’s wastewater plant nears, the Regina Leader-Post is printing a column a day advocating the P3: John Gormley on Friday, Bruce Johnstone on Saturday, and Murray Mandryk today. Johnstone and Mandryk repeat three of the City’s key claims. Gormley only gets to one of these claims because he mostly just attacks the messenger, […]

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What’s the real risk and cost for Regina’s wastewater P3?

The City of Regina is engaged in a controversial debate about a proposed public private partnership (P3) for the city’s wastewater plant. Residents formed a Regina Water Watch group to keep the facility public.  They collected enough names to take the issue to a municipal referendum on September 25th, despite attempts by the city to disallow signatures on spurious grounds.   […]

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P3 or No Federal Funding: A Third Option for Regina Wastewater?

The Queen City’s water debate has boiled over since I last blogged about it. City Council decided to build a new wastewater-treatment facility as a public-private partnership (P3), but a group of concerned citizens gathered 24,000 signatures to force a referendum on whether to “publicly finance, operate and maintain the new wastewater treatment plant for Regina.” There has been much […]

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Saskatchewan Budget Saved by Falling Loonie

Following last week’s troubling news about potash, the Saskatchewan government released its first-quarter financial report today. The headline seems to be “Oil Keeps Budget in Black”, with a forecast increase in oil revenue more than offsetting a forecast decline in potash and other revenues. But the forecast West Texas Intermediate price is only up by a couple of dollars since […]

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PotashCorp Reports Inadequate Royalties

PotashCorp reported today that it paid $81 million of “provincial mining and other taxes” on $975 million of potash sales in the second quarter of 2013. In other words, Saskatchewan’s potash production tax and resource surcharge amounted to 8% of potash sales. Adding the basic Crown royalty of just over 2% (which PotashCorp includes in the “cost of goods sold”), […]

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A Ralph of Many Trades and a Master of At Least One

Federal political candidates register their occupations with Elections Canada. I was recently looking through some election results and noticed that my old friend, Ralph Goodale, has had quite a varied career during his time as an MP. In every federal election he contested prior to 1993, Ralph identified himself as a lawyer. That changed to “business executive” for the 1993 […]

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Sask Party Employment Math: From the Great Wall to the Berlin Wall

Last week, the Canadian Centre for Policy Alternatives released my policy brief on Saskatchewan job-creation. Using Statistics Canada figures, it demonstrated that “workforce growth has been almost identical during the premierships of Brad Wall and Lorne Calvert.” Unsurprisingly, the main explanatory variable for Saskatchewan employment appears to be commodity prices rather than the party in power. The governing Saskatchewan Party […]

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The Great Wall Ties Chairman Calvert’s Five-Year Plan

The Canadian Centre for Policy Alternatives has released my policy brief (PDF) on Saskatchewan employment growth. It generated front-page coverage in today’s Saskatoon StarPhoenix and Regina Leader-Post business sections as well as this snazzy online infographic. The press release follows: Premier Wall’s Employment Record Lags Calvert and Blakeney Regina – A new policy brief from the Canadian Centre for Policy […]

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Regina Hosed by P3 Waste Water

Regina City Council has voted to proceed with a 30-year public-private partnership (P3) in which a private company would design, build, finance, operate and maintain the city’s new waste water treatment facility. The municipal administration’s rationale has been that, although a P3 will be more expensive than traditional public financing, it is required to access federal money from the P3 […]

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Don’t Privatize ISC

My op-ed in today’s Saskatoon StarPhoenix (page A11): Privatizing ISC is a poor deal for Saskatchewan The provincial government estimates that selling 60 per cent of the Information Services Corporation will raise up to $120 million for infrastructure investment. Is that a good deal for the people of Saskatchewan? Last year, ISC generated $20 million of profit for the provincial […]

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Raising Saskatchewan’s Minimum Wage

Saskatchewan Federation of Labour president Larry Hubich and I have the following joint op-ed in today’s Regina Leader-Post (page A10). It’s been fourteen years since I first wrote into The Leader-Post advocating a minimum-wage increase. UPDATE (August 31): The op-ed also appeared in today’s Saskatoon StarPhoenix (page A11), Wednesday’s Estevan Mercury (page A7) and Swift Current’s Southwest Booster. Why higher wages […]

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No Vale on the Plains?

I had the following comments in yesterday’s front-page story on Vale’s decision to postpone its proposed $3-billion potash mine at Kronau, Saskatchewan: Regina economist Erin Weir, who is widely expected to run for the leadership of the provincial NDP, said in a statement Friday that the Vale announcement “represents a failure of the Saskatchewan government’s approach of almost giving away […]

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