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1. Ontario vs. the US “Rust Belt”: Coping with a Changing Economic World

   Since the recession, Ontario has recorded large and consistent budget deficits that have increased the province’s already enormous debt load. According to a prominent narrative at Queen’s Park, policymakers are not to blame for this fiscal trend because ...

2. Economic Principles for Prosperity

   Often when people talk of prosperity, they are thinking just about money. Money is a one aspect of prosperity, but only one. Prosperity also includes a robust job market where employment is available and opportunities for advancement abound, an employment ...

3. Comparing the Debt Burdens of Ontario and California

   To many in the United States and Canada, California represents the epitome of irresponsible government spending coupled with poor cash management. However, the province of Ontario is carrying a much worse debt burden than the state of California. This ...

4. The Economic Costs of Increased Marginal Tax Rates in Canada

   Economists often focus on marginal tax rates (the extra tax an individual (or firm) will owe to the government for engaging in a little more of the taxed activity) as particularly important for altering economic behaviour. The marginal tax rate is ...

5. Tax Payers and Tax Takers

   The traditional definition of tax progressivity is being rewritten and this change could have serious ramifications for democratic decision-making. Up to now, tax progressivity has meant that, as an individual or household earned more income, they not ...

6. Reforming Alberta's Heritage Fund: Lessons from Alaska and Norway

   The governments of Alberta, Alaska, and Norway have all created funds in which to deposit some of the revenues they receive from non-renewable natural resource activities. Despite Alberta?s rich natural resource endowments, its Alberta Heritage Savings ...