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Fort Hills tale of the tape

This morning, Suncor held an investor conference call to discuss the decision announced late last night that it would proceed with the development of the Fort Hills mine – a joint venture with Total and Teck. Everything associate with this project is huge – it’s expected to produce 180,000 barrels per day and to cost […]

Chicken Wings and Beer

My latest at Macleans.

Carbon pricing is not a panacea

Pretty well every economist you talk to will agree; if you want to reduce pollution, carbon or otherwise, the most cost-effective way to do so is with a price on the emissions of that which you seek to reduce. They’ll also tell you that, under some basic assumptions, the cost-effectiveness result holds whether you impose that price through a […]

Transparency and Credibility

Tonight, I was a little surprised to read the following tweets from Marc Lee, Senior Economist with the Canadian Centre for Policy Alternatives (CCPA), and Co-Director of the Climate Justice Project: “I’m appalled by your acceptance of Enbridge professorship. You’ve lost credibility.“ and “If I recall correctly you also own Enbridge stock. So a double […]

Common sense, sample selection, representative samples, and sample sizes

As Statistics Canada continues to roll-out the results from the National Household survey, I seem to become involved in arguments at least once a week as to the importance of sample selection in survey data.  This week, my argument was with IPSOS CEO Darrell Bricker – someone who should know a lot about statistics.  In […]