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Rhetoric vs. reality—the Trudeau government’s dismal record on business investment
Appeared in the Financial Post, February 11, 2021 Business investment—in factories, machinery, equipment and new technologies—remains vital to the prosperity of any country. “If businesses don’t invest, to create great jobs,” said former Trudeau finance ...
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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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Trudeau government must create friendlier investment climate to spur COVID recovery
Appeared in the Winnipeg Free Press, February 8, 2021 In advance of the Trudeau government’s upcoming federal budget, the economic recovery from the COVID recession remains the top priority. Crucially, even before the pandemic, Canada was struggling to ...
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U.S. states more attractive to energy investors than most provinces—including Alberta
Appeared in the Calgary Sun, January 20, 2021 For the past few years, Canada has suffered a marked decline in business investment growth, particularly in the country’s vital energy industry. If Canada is going to genuinely recover from the COVID recession ...
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National economy relies heavily on Toronto and Vancouver housing markets
A recent Fraser Institute study showed that over the past decade, economic growth in British Columbia has heavily relied on the residential housing boom in the Lower Mainland. B.C.’s growth has been highly leveraged directly to housing ...
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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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New Brunswick must improve investment climate during COVID recovery
Appeared in the New Brunswick Telegraph-Journal, October 14, 2020 Among all the economic concerns arising from COVID-19 and the associated recession, New Brunswick policymakers should pay particular attention to the province’s poor performance in ...
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Trudeau government must improve investment climate to ‘build back better’
Appeared in the Ottawa Sun, September 24, 2020 Among other themes, last Wednesday’s throne speech doubled down on the “Build Back Better” theme Prime Minister Trudeau first used last month when he said, “We need to reset the approach of this government ...
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Insights from the text of the throne speech
While the commitments made in the recent Throne Speech may not ultimately lead to actionable policies and programs, they nonetheless represent the aspirations of the government of the day. To that end, the Throne Speech reveals clear and ...
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Trudeau government should pivot away from Morneau-era policies of weakness
Appeared in the Vancouver Sun, August 24, 2020 In touting Bill Morneau’s tenure as federal finance minister, which ended recently with his resignation, the Trudeau government repeatedly pointed to Canada’s low unemployment rate (pre-recession). But the ...