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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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1990s put Alberta’s fiscal problems into alarming perspective
As a share of the provincial economy, Alberta's recent deficits are larger than those incurred in the early ’90s. ...
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Atlantic Canada's Precarious Public Finances
Canada’s four Atlantic provinces—Prince Edward Island, Nova Scotia, New Brunswick, and Newfoundland & Labrador—face long-term threats to fiscal sustainability. COVID-19 and the resulting economic downturn has only added to these challenges. Further, ...
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Trudeau’s pre-recession period marked by weak economic numbers
Appeared in the New Brunswick Telegraph-Journal, February 13, 2021 Back in 2015, the Trudeau Liberals ran on—and in some ways, were elected on—a promise that their dramatic changes in fiscal and regulatory policies including higher government spending ...
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Comparing pre-recession economic performance—Chrétien vs. Trudeau
Appeared in the Globe and Mail, February 11, 2021 The contrast between the current Trudeau Liberal government and its Liberal predecessor under Jean Chrétien could not be more stark. As the Trudeau government prepares its 2021 budget, which by all ...
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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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Lessons for Fiscal Reform from the Klein Era
Alberta is facing serious fiscal challenges, including a historic deficit and rapid debt accumulation that extend beyond the COVID shock. This is not the first time Alberta’s finances have been in trouble. Today’s situation has parallels to the ...
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Trudeau government can’t bank on low interest rates forever
Appeared in the Ottawa Sun, January 27, 2021 Finance Minister Chrystia Freeland recently stated the obvious—that she has “no crystal ball” to determine when interest rates will rise. Indeed, governments can’t control interest rates nor guarantee they will ...
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Horgan government eyes labour law change that would further stifle investment in B.C.
Appeared in Business in Vancouver, January 18, 2021 British Columbia, like the rest of the country, must encourage business investment to spur economic growth as the foundation for economic recovery now and post-COVID. With its recent majority mandate, ...