The data does not show that government taxes and regulation have been responsible for declines in smoking. At the same time, government approved cigarettes may be more dangerous than black market cigarettes.
It turns out that workforce participation drops off significantly once it becomes possible to live off a government pension instead. Thus, pension policies have placed an enormous burden on those who still have to work.
The Bank of Canada's official mandate to promote the “the economic and financial well-being of Canadians,” isn't compatible with the Bank's real mandate which is apparently to look out for the good of a small number of powerful banks.