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Scoring the economic performance of Canada’s last five prime ministers
The 2016-2019 period had the weakest economic performance of the five periods analyzed. ...
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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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Getting political responsibility right in times of crises
More often than not, politicians are given too much credit for both economic expansions (i.e. prosperity) as well as recessions. That’s not to say that policies don’t matter because they do. But the idea that a politician or government ...
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Ontario budget deficit likely larger than forecast
We recently blogged on the Ontario government’s March 2020 Economic and Fiscal Update (hereafter simply referred to as the Fiscal Update), which we concluded was too optimistic in its economic and revenue assumptions, and included new ...
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Trudeau government ‘wage subsidy’ increases uncertainty for workers and businesses
Appeared in the Financial Post, April 3, 2020 During these troubled and uncertain times, Canadian households and businesses need certainty from governments including certainty about how government will help stabilize incomes for Canadians and businesses, ...
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Federal Deficits and Recession: What Could Happen
There are serious financial risks associated with running deficits during times of positive economic growth. One of the principal risks is that the budget cannot be balanced regardless of economic conditions because a permanent imbalance between how much ...
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Fraser Forum- May 2010: 2008/2009 Recession
In this issue: Canada fares well in annual Mining Survey by Fred McMahon and Miguel Cervantes Mining industry executives have rated Quebec the world’s best jurisdiction for mineral exploration and development for the third straight year. Ontario’s 2010 ...