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Articles on Deregulation

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Do Argentinians have the patience for their new president’s shock therapy? Juan Ignacio Roncoroni / EPA

Javier Milei: Argentina’s new president presses ahead with economic ‘shock therapy’ as social unrest grows

Argentina is already feeling the sting of its new president’s policies – but Javier Milei is pressing ahead with ever-more radical plans to overhaul the economy.
Smoke rises from railway cars that were carrying crude oil after derailing in Lac-Mégantic, Que., in 2013. THE CANADIAN PRESS/Paul Chiasson

Rail accidents: Public safety and accountability suffer because of deregulation

The recent rail accident in Ohio is raising questions about who should be responsible for the aftermath of derailments. Residents impacted by a 10-year-old rail tragedy in Canada still want answers.
A policy decision to allow the Montreal, Maine & Atlantic Railway — a company with a poor safety record – to run its trains through a town in Québec with single person crews resulted the fourth deadliest railway disaster in Canadian history in 2013. Eight years later, Transport Canada is still suffering from safety issues. THE CANADIAN PRESS/Graham Hughes

To prevent disasters like Lac-Mégantic, private interests cannot be allowed to affect regulations

Industries have blocked or delayed new regulations and pushed to remove or dilute existing regulations by framing regulations as detrimental to creating jobs and wealth.

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