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Scoring the economic performance of Canada’s last five prime ministers
The 2016-2019 period had the weakest economic performance of the five periods analyzed. ...
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National economy relies heavily on Toronto and Vancouver housing markets
A recent Fraser Institute study showed that over the past decade, economic growth in British Columbia has heavily relied on the residential housing boom in the Lower Mainland. B.C.’s growth has been highly leveraged directly to housing ...
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Canada must tailor trade practises for post-COVID world
The effects of COVID-19 will transform the international world order and affect Canada’s role in it. First, the meteoric rise of China, with its aspirations of world leadership and greater respect, will come to a crashing halt. Despite ...
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The finance minister said what? Part 4
Federal Finance Minister Bill Morneau (pictured above) appeared this weekend on CTV’s Question Period to present the government’s case for its economic and fiscal policies, which were reflected in the fall economic update released last ...
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Memo for President Trump—Canada runs a trade deficit with the U.S.
President Donald Trump issued a bizarre pronouncement this week—that Canada engages in smooth diplomatic trickery when it comes to trade relations with the United States. At a meeting with U.S. governors at the White House, the president ...
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Federal fiscal update—Canadians shouldn’t pop the champagne on economic growth
When unveiling today’s federal fiscal update, Finance Minister Bill Morneau (pictured above, with the prime minister) touted higher than expected economic growth for 2017 as a success story for the Trudeau government. As he told the ...
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All our trade doors look unattractive now
I’ve been reading a new paper by Oxford economic historian Kevin O’Rourke called Two Great Trade Collapses: The Interwar Period & Great Recession Compared, a title that, unlike many academic titles, pretty much catches what the paper ...
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Business investment down, taxes up—bad news for Canadians
With less than three months left in 2017, despite recent headlines espousing positive economic news, Canada’s economy faces many near and long-term challenges that the Trudeau government must consider as it crafts its fiscal update (due ...
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Alberta fuelled Canada’s post-recession economic growth
A recent study by the Fraser Institute detailed the scope of Alberta’s outsized contribution to the Canadian economy in recent years. One of the key aspects of that contribution has been Alberta’s role in driving the country’s economic ...
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Age—the main driver of wealth inequality in Canada
What drives wealth inequality in Canada? That’s a central question of a recent Fraser Institute study authored by Christopher Sarlo, Nipissing University professor of economics. The study should help inform a public debate that is often ...