Profs. Trebilcock and Iacobucci examine CRTC’s mandatory pick-and-pay proposal

Saturday, September 27, 2014

Profs. Michael Trebilcock and Edward Iacobucci, with lawyer Lawson Hunter, have written a commentary in the Financial Post arguing against the CRTC's proposal to require TV providers to provide "pick and pay" channel selection options for consumers ("CRTC’s mandatory pick-and-pay proposal deeply misguided," September 25, 2014). The article is based on a report prepared by the authors for the C.D.

Getting into UofT Law - JD Admissions

JD Admissions visits UofT Department of Criminology

JD AdmissionsGet the inside scoop on applying to our JD program directly from the Faculty of Law Admissions Office and hear from current law students. 

Learn about our whole-person admission process and how to improve your application to our JD program. 

Conference on Financial System Design: A Comparative Perspective

One of the most pressing issues for countries following the recent financial crisis is the design of their financial system: should countries have in place a macroprudential regulator? How should systemic risk be regulated? What should be the role of the central bank? Is a “twin peaks” approach optimal? This conference will examine institutional design of financial markets and the role of regulators, alone and in coordination with each other, within these markets.  Domestic and international approaches to regulation will be addressed.  Join us for the discussion!

The End of Canada Post Home Delivery - The Math Just Doesn't Add Up

Jeffrey MacIntosh
Tuesday, January 21, 2014

 

Jeffrey G. MacIntosh, Special to Financial Post | January 20, 2014 7:30 PM ET


 Freeing up the market for postal delivery will allow innovative-minded competitors to try out various business models

Canada Post is on slippery footing in its proposal to end home delivery for the surviving Canadian households whose denizens can still pop their heads out the door and pluck the mail from their handy-dandy mailboxes.

Ending home delivery imposes a time penalty on each and every person who will now have to traipse to a community “super-box” to pick up their mail.  With home delivery, we are free to engage in wage-generating activities. Or we might choose, in the quaint language of economics, to “consume” our leisure time in the million and one ways in which people enjoy their non-working hours. Either way, a good estimate of the value of the time that will be lost should home delivery end is the wage of the average Canadian worker. When the dollar cost of the aggregate time poised on the brink of annihilation is toted up, the figures are truly staggering.

In Praise of High Frequency Traders

Jeffrey MacIntosh
Thursday, December 5, 2013

The following was first published by the National Post on November 20, 2013

On Thursday, the Investment Industry Regulatory Organization of Canada (IIROC) is scheduled to release its much-awaited study on high frequency traders. The standard image of the high frequency trader (HF trader) is that of a slavering troll working assiduously to destabilize world stock markets and laughing gleefully while prying gold fillings out of retail traders’ mouths. In the minds of many, HF traders caused or greatly contributed to the infamous U.S. “Flash Crash” of May 2010, when the Dow Jones plunged (and then recovered) 1000 points (roughly 9%) in a matter of minutes. HF traders also stand accused of increasing trading costs for both retail and institutional traders.

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