Time's up: The economic case against daylight-saving time

Nov 05, 2017, 01:24
Time's up: The economic case against daylight-saving time

In no secret that Canada, in general, has followed the United States in lockstep when it comes to making the most of daylight hours.

The clocks will roll back one hour this weekend at 2 a.m. on Sunday morning.

All thanks to daylight saving time coming to an end.

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A recently released report from the University of Virginia that suggests there is an uptick in street crime, especially robbery, when clocks are turned back.

But twice a year we are reminded that the ubiquity of this concept - originally adopted in the early part of the 20th century to harness the sunlight and warmth of longer summer days to decrease energy usage by keeping people outside longer - does not necessarily mean we have grown exhausted of interrogating its effects and usefulness. CNN previously reported that the government starting moving into and out of "Daylight Saving Time" during World War I to copy the Germans, who apparently were using the time change to save fuel.

Beginning in 2007, Daylight Saving Time starts in the United States on the second Sunday in March and ends on the first Sunday in November.

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The time change isn't always smooth for children, but there are some ways to help. So, just to recap, if you go to bed before 2 a.m., don't forget to fix your clocks to avoid confusion when you wake. Set clocks ahead one hour. However, the 2005 Energy Policy Act moved DST up three weeks earlier and ended it a week later.

Daylight-saving-time changes also play a role in financial markets.

The US territories of Guam, Puerto Rico, Virgin Islands and American Samoa also do not observe DLS.

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Some countries refer to "Daylight Saving Time" as "Summer Time".

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