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New COVID spending may do more harm than good
Several businesses, particularly in the service industry, are struggling to find workers. ...
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Three ways federal government can spur COVID recovery
Trade liberalization could increase Canada’s economic output by up to $130 billion annually. ...
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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 ...
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Canada lags behind most industrialized countries on key economic, fiscal indicators
Appeared in the Financial Post, November 4, 2020 The Trudeau government has generally favoured relative comparisons of its performance (i.e. how we rate versus other countries) rather than historical comparisons. Recent data from the International ...
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The Issues Facing Canada's Employment Insurance Program
Is Canada’s employment insurance (EI) program designed to ensure fairness, economic efficiency, and financial viability while providing adequate support to all Canadians who involuntarily lose their jobs? The purpose of this paper is to explore this ...
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Is Fiscal Stimulus an Effective Policy Response to a Recession? Reviewing the Existing Research
This report examines existing academic studies that analyze evidence regarding the effectiveness of fiscal stimulus—additional government spending and/or tax relief—as a mechanism to mitigate the impact of a recession and speed up economic ...
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Canada does not need a modern ‘Marshall Plan’ after COVID
In the coming months, the federal government will receive numerous suggestions for how to kickstart the economy after the COVID crisis passes. One such suggestion from Jim Stanford, former chief economist for the Canadian Auto Workers ...
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Supply management impedes supermarkets from keeping pace with demand
If you’ve gone to the supermarket recently, you might have noticed that several items are in short supply. As concerns mount over the COVID-19 pandemic, global supply chains have been challenged to keep up with increased demand for ...