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1. The Investment Outlook for the Canadian and US Oil and Gas Sectors: Evidence from Financial Metrics

   Canada’s oil and gas industry has long been a driver of the country’s economic growth. Hence, the outlook for the industry’s future profitability is an important determinant of capital investment rates and employment trends for the industry and the ...

2. An International Comparison of Capital Expenditures

   Capital investment contributes to economic growth and higher standards of living through its link to increased labour productivity and technological change. The growth rate of overall capital expenditures in Canada slowed substantially from 2005 ...

3. Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019

   Recent concerns about Canada’s industrial competitiveness compared to that in other developed countries, particularly the US, have focused on declines in private sector capital expenditures, especially in asset categories such as machinery and ...

4. The Essential UCLA School of Economics

   The Essential UCLA School of Economics includes a new book, accompanying website and animated videos. Published by the Fraser Institute, the book (authored by David R. Henderson, professor emeritus of economics at the Naval Postgraduate School in ...

5. A Primer on Modern Monetary Theory

   Modern Monetary Theory (MMT) is a policy model for funding government spending. While MMT is not new, it has recently received widespread attention, particularly as government spending has increased dramatically in response to the ongoing COVID-19 crisis ...

6. Canada’s Aging Population and Income Support Programs

   There are two major taxpayer-funded income support programs for Canadians aged 65 and older: The Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) programs. The absolute number of individuals in Canada aged 65 and older is ...

7. Aging and Expenditures on Health Care

   Health care is the single largest budget item for every provincial government in Canada. Per-capita spending on health care is substantially higher for individuals aged 65 and older than for younger individuals, and the disparity increases ...

8. Achieving the Four-Day Work Week: Essays on Improving Productivity Growth in Canada

   Surveys of Canadians have shown a strong desire for reduced work hours with a four-day work week being a highly prized goal. This is hardly surprising given that leisure time is a valuable good for most people. To be sure, a four-day work week would be ...

9. Reforming Employment Insurance for the 21st Century

   Notwithstanding the long history of unemployment insurance programs in Canada, as well as substantial modifications to the programs over time, employers, researchers, and even the current federal government continue to express concerns about the existing ...

10. The Outlook for Growth in British Columbia’s Private Sector

    British Columbia’s economy over the period from 2010 to 2019 enjoyed faster real economic growth than other Canadian provinces, on average. The primary source of British Columbia’s economic performance was an exceptionally strong residential housing ...