Prime Minister Trudeau recently said that infrastructure spending is “the key” to kick-starting Canada’s economy.
The main reason for the relatively slow increase in exports, notwithstanding the weak Canadian dollar, is the ongoing slow recovery of the U.S. economy.
Canada enjoyed an economic and fiscal renaissance starting in the mid-1990s that lasted more than a decade.
An "implicit tax" is implicit only in the sense that it doesn’t officially appear in the income tax code.
What are the top three business/economic issues federal parties should be addressing in the current federal campaign?
With a relatively weak Canadian economy, depressed commodity prices and the myriad of international economic issues (i.e. uncertainty in China), federal parties should offer solutions to the economic storm clouds on the horizon.
As everyone from the Manitoba-Ontario border to Tofino knows, the local and provincial economies, which depend on resource extraction, have slowed.
When French President Francois Hollande visited Canada recently, one hopes the Gallic leader looked around. If he did, he would have noticed a stark difference in the economic opportunities between the two countries with the advantages mostly on this side of the Atlantic.
Canadian headlines about government deficits and debt can be dizzying and hard for people to grasp. A few billion here and several billion there and the natural response is for one’s eyes to glaze over in despair. But the increasing government debt has tangible and immediate consequences that affect Canadian families today and into the future.
Lost in the current flurry of Ontarios election campaign is the one key issue facing the province, and indeed all of Canada: Ontarios laggard economic performance is dragging down the national economy.