We’ve seen a steady erosion of per-capita GDP growth and persistent government deficits.
Reductions in purchasing power tend to be concentrated among lower-income workers.
Ottawa is spending nearly one-third more than it was in 2019 before the pandemic.
Ottawa should stop imposing costly ESG reporting mandates on companies.
The inflation rate for supply managed products such as butter and milk outpaced the general rate.
Persistent labour shortages are helping drive up costs.
While the Bank of Canada is beginning to shed assets, it will take sustained aggressive action to get control of the situation.
The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.
Government tax revenues can increase even though the inflation-adjusted incomes of most Canadians do not.