Articles
Open Banking: A Framework for Fintech Innovation
In this editorial, QBR Economics & Policy Editor Rishab Chakraborty discusses how information in the realm of financial services, markets, and intermediaries has traditionally been tightly regulated in a closed loop. This differs from traditional software, where consumer and behavioral data from non-financial institutions is typically unregulated in its use. However, with Open Banking reform coming to Canada’s regulatory data framework, we can see an uptick in innovation in the Canadian fintech space.
The Art of the SPAC
In this new article, QBR Sr. Advisor Joshua Cristofoli explores how SPACs are challenging the traditional IPO process, giving businesses a quicker route to the public markets and altering the financial landscape.
Eat the Rich or Stomp Out the Little Guy: A Roadmap to Capital Gains
In a detailed guide to the recent changes to Canada’s capital gains inclusion rate as part of the 2024 Federal Budget, Senior Economics and Policy Editor Gefen Shpil outlines the impact such changes would have on individual investors, Canadian industries, and the economy. This article seeks to uncover just how many Canadians will be impacted by the changes and, most importantly, whether the Liberals are truly targeting the “ultra-rich”.
The Race to a Perfect EV: Investigating Chinese Development and the Road Ahead
In this new article, QBR Editor Tomas Serrano investigates China's rapid advancement in the electric vehicle (EV) industry. The article explores how substantial government support and innovative manufacturing have positioned China as a leader in EV development, despite challenges in global market penetration due to high tariffs and ethical concerns. Serrano contrasts China's progress with the slower growth in Western markets, emphasizing the impact of political and infrastructural uncertainties. As the world shifts from gas-powered cars to EVs, this analysis provides insight into the future of sustainable transportation and the lessons the West can learn from China's approach.
Go Movies or Go Home?
Owen Milstone explores how piracy threatens entertainment industries by diverting revenue from legal sources. Despite high spending by companies like Netflix, rising costs and labor disputes worsen the issue. The tragedy of the commons applies, where individual benefit outweighs collective harm, leading to widespread piracy. It affects TV, movies, music, and sports, impacting artists and athletes.
Universal Basic Income: The Key to the Economy of the Future
In this editorial, Tomas Serrano dives into the push for universal basic income (UBI) as a solution to poverty and income inequality has gained traction globally, especially in light of job displacement from advancements in AI. In Canada, bill S-233 seeks to establish a national framework for UBI, inspired by historical experiments like Manitoba's MINCOME.
Despite concerns about abuse, inflation, and costs, supporters argue that UBI could provide a safety net, aid workforce reintegration amidst automation, and foster a society where individuals pursue passions.
The Mistiming of Creation and Destruction During AI Innovation
Eric van Remmen discusses how Artificial Intelligence (AI) reshapes industries and job markets, drawing parallels with historical instances of creative destruction. It highlights the potential risks and societal impacts of AI's rapid advancement, emphasizing the need for proactive measures to address these challenges and ensure societal resilience.
Navigating the Debt Dilemma: The Impending Conundrum of U.S. Federal Deficits and Monetary Policy
In our latest financial analysis, Eric van Remmen delves into the mounting government debt crisis, spotlighting the United States' fiscal challenges and their global implications. From historical debt management to current deficits and interest payments eating away at budgets, we scrutinize the intricate web of monetary policies and their potential impacts. The critical question remains: Can governments navigate this economic landscape without catastrophic consequences while addressing mounting debt and its ripple effects?
Beyond Dollars and Cents: Unraveling the Economics of Happiness in Career Choices
In this compelling editorial, QBR Senior Editor Morgan Farley probes the evolving priorities of young Canadians navigating career choices amidst economic uncertainties. Balancing the age-old lure of high earnings against the increasing value placed on well-being and job satisfaction.
Unravelling the Canadian Labour Market's Dance with Inflation, Monetary Policy, and Economic Trends
In this insightful editorial, QBR Editor Eric van Remmen dissects Canada's intricate dance with inflation, labor dynamics, and economic policies. Navigating through strikes, stimulus-induced booms, and aggressive immigration pushes, he shines a light on the delicate balance the nation must maintain amidst post-pandemic tremors. With the Bank of Canada on a tightrope and inflationary pressures at the helm, this piece offers a deep dive into the multifaceted challenges and potential trajectories of the Canadian economy.