How Outsourcing Can Help US Businesses Reduce Risk

First, Ontario, like all other Canadian provinces, should sign the pact to implement the passport rule and other securities regulations. Second, if Ontario refuses to bend and there is no desire for a federal securities regulator, Canada should at least enact legislation granting reciprocity of provincial securities licenses. Third, and most significantly, Ottawa should adopt reasonable cryptocurrency laws that encourage innovation and competition while also allowing Canadians to lawfully buy and trade cryptocurrencies if they so desire.There are numerous perks to being Canadian. We have a strong economy with plenty of opportunity to improve our level of living and punch above our weight. We must guarantee that our rules reflect that, regardless of our postal code or provincial flag. It is time for our political leaders to follow throughWhen the New York Times published a feature encouraging its writers to admit mistakes, we were both intrigued and outraged. What a fantastic idea—why didn't we think of it?! That is precisely the spirit we aim to foster at The Hub. We understand that we will not always be correct, but we want to admit when we are wrong and figure out why. So, this week, we'll be stealing the Times' approach and publishing essays by our writers and staff about where we went wrong. Please appreciate our blunders.As postsecondary institutions succumb to the woke forces of intolerance and the shaming of unpopular beliefs, I hoped Massey College at the University of Toronto would stand firm. Or at least try. I've had several chats over lunch in the big hall, and I even heard Jordan Peterson speak at an evening meal where no one needed smelling salts to revive them.1

I was mistaken. Very wrong.

The line was broken on September 26, 2017, as the woke audience dragged Massey down. The incident occurred when senior fellow and emeritus historian Michael Marrus made a foolish statement that was misinterpreted as a racial insult. Professor Marrus is one of the world's top Holocaust historians2, and he understands the implications of true racism better than anybody else.On this instance, a student took offense and initiated the humiliation of a famous scholar. An apology was offered without hesitation and with genuine regret. Professor Marrus was shocked and issued a sincere apology. He responded, "I am very sorry for what I said, in a weak attempt at jocular humour at lunch last Tuesday. What I said was both dumb and, as I quickly realized, harmful, and I want to express my heartfelt apologies to anyone I may have offended."But it wasn't enough. Apologies are no longer the end of the story; they are only the beginning, and forgiveness has been replaced with revenge. Two professors and a student resigned in a display of faux offense and moral outrage. At the same time, Massey's management moved back, leaving Professor Marrus to fend for himself. He resigned his senior fellowship, depressed and ashamed.

In early 2020, a Massey selection committee. 

invited Margaret Wente, a retired Globe and Mail journalist, to become a senior fellow. She is a woman with an independent mind and viewpoint, the type of person one would want at Massey. That was too much for sensitive minds, prompting objections from the outraged and bigoted. This time, the new director—formerly known as Master, a title that is now considered offensive—retracted the invitation, citing the epidemic as a factor in failing to properly vet Ms. Wente, despite the fact that the entire country was aware of who she was and what she said.Finally, Ms. Wente washed her hands of the situation and denied the on-and-off-again invitation.3 This time, Massey College was embarrassed when renowned historian Margaret MacMillan quit her senior fellowship in protest of the abuse of a dissident and gutsy journalist.Massey University has lost three outstanding senior fellows as a result of caving in to the bogus proponents of justice and progress. Whatever principles motivated Massey, which was once led by the brilliant Robertson Davies4, are now gone. I will miss the subsidized lunches.When the New York Times published a feature encouraging its writers to admit mistakes, we were both intrigued and outraged. What a fantastic idea—why didn't we think of it?! That is precisely the spirit we aim to foster at The Hub. We understand that we will not always be correct, but we want to admit when we are wrong and figure out why. So, this week, we'll be stealing the Times' approach and publishing essays by our writers and staff about where we went wrong. Please appreciate our blunders.

In recent years, the concept of "state capacity.

has received a lot of attention from intellectuals and politicians. It began with a blog post in early 2020 by leading public thinker Tyler Cowen on what he called "state-capacity libertarianism," which describes a policy framework for a limited but effective government to deliver basic public goods and address market failures. His landmark piece has inspired scores of articles, opinions, and papers on the subject.State capacity refers to a government's functional ability to carry out market-supporting operations efficiently and effectively. The crucial takeaway here is that, while disputes over the appropriate size and scope of government are critical, we should devote equal focus and attention to issues of state capability and competencyCowen's most significant contribution was to spark a new intellectual movement focused on "better or worse government" rather than simply "bigger or smaller government." The time could not have been more appropriate. His piece was written just months before the COVID-19 outbreak.The pandemic experience brought the conceptual dispute regarding state capability into sharp relief. It inevitably put governments in Canada and around the world to the test. To put it mildly, the findings were mixed.Prior to the epidemic, it was widely assumed that Canada has solid public institutions, a professional public service, and excellent public administration. In other words, it has a large state capacity.I agreed with this viewpoint. I've even written and co-written articles, studies, and newspaper columns advocating for the government to play a stronger role in advancing science, technology, and industry. It may be a stretch to claim I was completely wrong. But, in retrospect, I admit that my study undoubtedly exaggerated Canada's state capabilities.