Category Archives: Uncategorized

Against Financial Literacy

Last week, Canada’s latest financial literacy strategy, Count Me In, Canada, appeared, begging the question of how many more cross-country consultations, expert advisory panels and aspirational proposals we will have to endure. Likely many more. Two points must be understood. … Continue reading

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Tuition Fees and Tax Credits: Are the Quebec Students Right?

(This piece was co-authored with Marc-André Gagnon) The last round of negotiations between striking Québecois students and their provincial government broke off without any agreement at the end of May. During the negotiations, the students proposed an interesting trade — … Continue reading

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Paul Slovic on “Psychic Numbing”

The power of fiction is to create empathy …  A newspaper could tell you that one hundred people, say, in an airplane, or in Israel, or in Iraq, have died today. And you can think to yourself, “How very sad,” … Continue reading

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Trends in Income Inequality in Québec

In the previous post, we saw that poverty levels in Québec, as measured by the Market Basket Measure (MBM) fell relative to Ontario (and Canada as a whole) from 2000-2009. What has happened to the level of income inequality?  First, … Continue reading

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What Happened to Québec Poverty Rates, 2000-2009?

What has happened to the level of income inequality and to the incidence of poverty in Québec, relative to Ontario and to Canada as a whole, in the past 10-15 years? Overall, the answer seems to be that income inequality … Continue reading

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Sexually-transmitted debt

People who live on low incomes frequently have debts. On the one hand, this is hardly surprising — few among the poor have savings available for “rainy days”.  If the car breaks down or the furnace stops working, borrowing may … Continue reading

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