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Understanding two decades of weak economic performance in Ontario
It’s important for policymakers to recognize the severity of Ontario’s growth problem, how long-lived it has been, and the challenge of weak business investment that could impede future growth. ...
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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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Comparing Economic Performance in Five Pre-Recession Periods
This study contrasts the economic performance in the last five pre-recession periods: 1986–1989 (Mulroney), 1997–2000 (Chrétien), 2005–2008 (Martin-Harper), 2011–2014 (Harper), and 2016–2019 (Trudeau). It includes multiple measures for income, labour, and ...
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Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession
In the first part of this blog series, we outlined the Trudeau government’s tax and spending policies. In this second part of the series, we look at the results of these policies and their effects on Canadians and the overall economy. The ...
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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 budget turns a blind eye, ignores Canada's economic challenges
Appeared in the Financial Post, February 28, 2018 In the midst of serious concerns over Canada’s economic prospects, and challenges emerging from the United States, Finance Minister Bill Morneau’s 2018 federal budget does nothing to address these problems ...
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Reality check—this year’s uptick in economic growth has nothing to do with government policy
Appeared in the Financial Post, October 25, 2017 During Tuesday’s federal fiscal update, Finance Minister Bill Morneau (pictured above right) said higher-than-expected economic growth for 2017 is evidence that the Trudeau government’s plan is working. In ...