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As Trudeau government tables budget, don’t be fooled by positive short-term economic news
Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent. ...
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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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Post-COVID recovery should encourage growth of private sector in Canada
Appeared in the Calgary Sun, October 28, 2020 All developed economies, including Canada, face economic restructuring challenges post-COVID. Labour and capital must be reallocated across industrial sectors and locations, new investments must be made in ...
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Memo to Finance Minister Freeland—we have an investment crisis in Canada
Appeared in the Toronto Sun, August 19, 2020 When Bill Morneau was appointed federal finance minister in 2015, many hoped his time in business, think-tank background and oft-repeated zeal for “evidence-based policy” would help guide policy decisions. He ...