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Ram Mathilakath


Bringing investment banking rigour to Ottawa

Unlike the private sector, senior public servants are rarely removed for persistent underperformance. And tone from the top, however well calibrated, cannot substitute for rigor on the ground.

opinion | BY RAM MATHILAKATH | February 25, 2026

Bringing investment banking rigor to Ottawa

Ministers must be equipped to interrogate advice with the same skepticism, financial scrutiny, and risk discipline that any serious investor would demand before committing billions of dollars of capital.

opinion | BY RAM MATHILAKATH | February 4, 2026
Mark Carney

Canada’s fiscal pivot: Budget 2025 marks a capital reset

The real change is architectural. It’s less about trimming fat than resetting the bones of fiscal management, turning Budget 2025 from a spending list into a structural blueprint.

opinion | BY RAM MATHILAKATH, GREG MACDOUGALL | November 6, 2025

An austerity-driven federal budget is a necessary evil

Cuts should focus on non-essential administrative or back-office functions that don’t directly contribute to service delivery.

opinion | BY RAM MATHILAKATH | November 3, 2025

Billions spent, little delivered: we need results-based budgeting

Rather than chasing headlines or diplomatic distractions, we should focus on delivering value—exporting food, medicine, energy, and innovation to the world’s fastest-growing markets: China, India, and ASEAN. The demand is there.

opinion | BY RAM MATHILAKATH | August 14, 2025
François-Philippe Champagne

Fixing feds’ fiscal plumbing takes more than tinkering  

HR teams have grown into sprawling bureaucracies, often mirrored by similar functions hidden within other branches. These duplications add cost, complexity, and confusion.

opinion | BY RAM MATHILAKATH | July 24, 2025
Liberal MP Shafqat Ali

Feds’ spending review to-do list: rethink regs, Crown corps, and costly consultants

Too often, well-meaning restructurings don’t have the right execution plan, or reforms add complexity. If the Carney government is serious with this spending review, it must be honest about what hasn’t worked and why.

opinion | BY RAM MATHILAKATH | July 9, 2025
Karen Hogan

F-35 audit a costly reminder to make bureaucrats accountable

The public service needs a culture of outcomes, not optics. That means making executives accountable, and, yes, having the courage to dismiss those who fail in ways that cost Canadians millions.

opinion | BY RAM MATHILAKATH | June 25, 2025
Aurelia Arcaro, a Canada Post worker from Rigaud, Que., pickets outside the head office in Ottawa on Nov. 28, 2024. The Hill Times photograph by Andrew Meade

Canada Post is a dying dinosaur, Parliament must lead a strategic exit

The choice before Parliament is binary: strategic reinvention or fiscal drift. It’s time to stop pretending this business model can be modernized with enough public cash injections. It can’t. The smarter move is a managed exit—structured, deliberate, and designed to maximize public value.

opinion | BY RAM MATHILAKATH | May 30, 2025
Mark Carney

Shrinking the bureaucratic behemoth

The old playbook of trimming travel budgets and giving departments arbitrary cut targets won’t cut it.

opinion | BY RAM MATHILAKATH, GREG MACDOUGALL | May 28, 2025

The missed opportunities of public procurement

Why are billions in public funding flowing offshore instead of helping to develop Canadian industries and foster intellectual property ownership?

opinion | BY RAM MATHILAKATH, GREG MACDOUGALL | May 21, 2025
François-Philippe Champagne

Getting government to work by putting Canada first

If Canada can’t turn its economy around—can’t match the AI-driven global economy with productivity and economic growth—it won’t just lose its seat at the table, it will be relegated to the shelf in the backroom, next to the old Nortel telephones and Blackberries.

opinion | BY RAM MATHILAKATH, GREG MACDOUGALL | February 3, 2025