The world of Canadian content regulation was developed in an earlier analog environment. Broadcasting was largely a closed, regulated system that included subsidies designed to help create more domestic content.

But the broadcasting system is no longer closed. High-quality television programming is available from the internet and Canadians are avid consumers. When TV is delivered over the internet, none of the Canadian regulations apply. So, the current system is not working; and it's clear that the quest to boost domestic content is an uphill battle.

In English Canada, the top 10 shows in 2016 were American. The next 10 shows were: three U.S. dramas; one U.S. reality show; four Canadian reality shows; and two Canadian…

Recently, Statistics Canada released the final batch of results from the 2016 census. It included education statistics for Canadians – including Indigenous Canadians.

Perhaps Indigenous education outcomes are the most important findings in this final batch, and among Indigenous education outcomes, perhaps the most important are high school completion results among young adults. They provide a snapshot of how Canada's K-12 school systems are performing. For the record, among non-Indigenous young adults (20-24) in 2016, 92 per cent have at least a high school certificate. (Canada is above the overall OECD average.) Among Métis, 84 per cent have completed high school. Among First Nations young adults living off reserve, 75 per cent…

As was widely expected, the Bank of Canada announced on Wednesday that it was not changing its target overnight rate. Despite the announcement reinforcing expectations, the emphasis on caution was enough to knock more than a half a cent off the value of the Canadian dollar before the end of Wednesday morning. With uncertainty on the horizon for 2018, the year promises to be a challenging one for our central bankers – one that will require market guidance.

The overall tone was balanced and the announcement emphasized caution. The global economy is in good shape with U.S. growth in the third quarter stronger than expected. Risks, however, remain in the form of geopolitics and trade. It also simultaneously warned that "higher rates…