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Ottawa’s ballooning debt and deficits should be major campaign issue
Canada has the fifth-highest level of total government debt among 29 industrialized countries. ...
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Media fuels Morneau’s state of denial
Appeared in the National Post, September 6, 2019 When economic information is released on a Friday before a long weekend, you can assume there’s a strategic reason, which usually results in the sound of crickets from the media. But that sure wasn’t the ...
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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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Sensational headlines about economic growth breed complacency
Appeared in the Financial Post, September 7, 2017 Given the sensational media headlines hyping Canada’s recent economic growth, it’s hard to blame Canadians for being complacent. “Canada's economy steamrolls ahead—4.5% annualized rate of expansion” ...
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Morneau wrong about Canada’s economy and competitiveness
Appeared in the Financial Post, April 13, 2017 Canada’s anemic economic growth should be of the upmost concern to Canadian policymakers. In 2016, the economy had one of its most difficult years, with growth at a mere 1.3 per cent. Looking forward, it ...
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Slow growth in Canada and the elephant in the room—bad government policy
Appeared in The Huffington Post, October 3, 2016 It seems there’s no shortage of headlines claiming that slow economic growth is the “new normal.” The latest stream came from a recent speech in the United Kingdom by Carolyn Wilkins, senior deputy governor ...
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Killing the Economic Engine: Is Policy Uncertainty Stalling US and Canadian Economic Growth?
Policy conflict and fiscal crisis in the United States and Europe have spurred concerns about policy uncertainty and its economic effects. Many policymakers, businesspeople, and the media suggest that the political crisis in Washington is leading firms ...