COVID-19

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Achieving the Four-Day Work Week: Essays on Improving Productivity Growth in Canada

Achieving the 4-Day Work Week: Essays on Improving Productivity Growth in Canada is a new essay series, authored by notable economists and analysts from across North America, that identifies and discusses a set of initiatives that promise to improve Canada’s labour productivity growth rate, which is essential to achieve a 4-day work week without sacrificing compensation. In broad terms, the initiatives identified in these essays promote faster productivity growth by encouraging more investment in physical and human capital, and by stimulating innovation and entrepreneurship.

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Reforming Employment Insurance for the 21st Century

Reforming Employment Insurance for the 21st Century analyzes problems with Canada’s EI system, such as providing unequal benefits depending on where a worker lives, and not covering the self-employed or those who work in the growing ‘gig’ economy. The study also highlights several ways Canada’s employment insurance system could be reformed, including the idea of an Unemployment Insurance Savings Account.

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The Essential David Hume spotlights the fiercely independent Scottish scholar and writer, widely considered the greatest of all “empiricist” philosophers, whose insights on free trade, commercial society and government debt continue have had a lasting influence to this day.

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Federal and Provincial Debt-Interest Costs for Canadians

Federal and Provincial Debt-Interest Costs for Canadians is a new study that finds taxpayers across Canada will pay a total of $49.6 billion—or about $4 billion a month—in interest payments for the federal and provincial debts this year alone. Even provinces that recently had low interest costs, such as Alberta, have lost this advantage due to years of mounting debt and deficits.

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Annual Survey of Mining Companies, 2020

According to our Annual Survey of Mining Companies, which ranks 77 jurisdictions around the world based on their geologic attractiveness and government policies, Saskatchewan remains Canada’s most attractive jurisdiction (and 3rd worldwide) for mining investment followed by Quebec and Newfoundland and Labrador.

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The Outlook for Growth in British Columbia’s Private Sector

The Outlook for Growth in British Columbia’s Private Sector finds that if governments in B.C. want to attract more tech companies and encourage entrepreneurship, they must implement significant policy changes to make the province more attractive to entrepreneurs and high-skilled workers.

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Atlantic Canada's Precarious Public Finances

Atlantic Canada’s Precarious Public Finances finds that the financial positions of the four Atlantic provinces are unsustainable, and they will face rising debt-to-GDP ratios in the coming years in the absence of policy changes or improved economic growth. Crucially, the Atlantic provinces’ finances are more vulnerable than those in other provinces because of a number of economic and demographic factors in the region, such as an older population, high tax and interest rates, and a greater dependency on federal transfers from Ottawa.

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Comparing Economic Performance in Five Pre-Recession Periods is a new study that compares numerous economic indicators relating to income growth, labour markets and business investment for the last five pre-recessionary periods: 1986-1989, 1997-2000, 2005-2008, 2011-2014, and 2016-2019. On almost all of the measures included in the analysis, the economic performance from 2016 to 2019 (the years preceding the COVID-19 recession) was the weakest.