Montreal Economic Institute
910 Peel Street, Suite 600 H3C 2H8 Montreal, QC, Canada

Debt in developed markets topped 432 % of GDP in Q3, and Canada’s leading the pack. "In these circumstances, big government becomes a big fantasy," writes Tasha Kheiriddin in the National Post. "The time is ripe for a 'great reset': a reset to a smaller state."

Big Pharma is the only part of the health-care supply chain that seems to have performed flawlessly and indeed has exceeded expectations with its vaccines. Not coincidentally, it is also the only part dominated by private-sector firms, writes Philip Cross in the Financial Post.

Close to two-thirds of Canadians believe that their health system is too bureaucratic and are in favour of giving more space to entrepreneurs within a universal health care system. MEI Economist Maria Lily Shaw discusses these numbers with CTV Montreal News anchor Mutsumi Takahashi.

Ontario’s move to limit non-essential retailers in Toronto and Peel Region to just curbside pickup or delivery for 28 days could kill off thousands of small stores. Missing out on sales in May was harmful, to miss out on Christmas is fatal, said Dan Kelly, head of the CFIB. This decision will ruin decades of work and thousands of businesses.

Remember, there are more efficient and less expensive ways to reduce our greenhouse gas emissions (such as a fiscally neutral carbon tax) than electric car subsidy programs.