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Canadian household debt concerns are overblown
Once again, alarms are sounding about the level of household debt in Canada. A recent Financial Post story highlighted reports by both Equifax Canada and the Swiss-based Bank of International Settlements (BIS) about the growing household ...
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Unemployment rate doesn’t tell full story of Ontario’s economy
According to Statistics Canada, Ontario’s unemployment rate dropped to 5.8 per cent in April, its lowest level since January 2001. The drop puts Ontario well below the national average, which shrank by 0.2 percentage points to 6.5 per ...
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A worrying trend—size of government in Canada on the rise
Every year Maclean's magazine invites economists and policy analysts to submit what they think is the most important chart Canadians should watch in the upcoming year, as it relates to the economy. Needless to say, choosing a single ...
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Can Canada Prosper Without a Prosperous Ontario?
Ontario's economic struggles, which are most dramatically illustrated by its transition to a "have-not" province, have implications far beyond the borders of the province. For the better part of a decade, and particularly since the ...