Search

Search results

1. Lack of private-sector business investment helps drive Ontario's poor economic performance

   The previous two posts based on Philip Cross’ recent study Ontario: No Longer a Place to Prosper focused on economic growth and GDP, and the province’s poor performance in growing incomes and creating private-sector jobs. This final blog ...

2. Poor policies largely drive Ontario’s lagging labour market performance

   This second post on Ontario’s lack of prosperity focuses on unemployment in the province, a key measure of the performance of the labour market. Recall that the first post illustrated the poor economic growth recorded in the province vis ...

3. Poor policy responsible for Ontario’s dwindling share of Canadian economy

   The Institute recently released a major study by former chief analyst at Statistics Canada, Philip Cross, assessing the state of Ontario within Canada. The results are startling in terms of the economic decline of one of Canada’s ...

4. Ontario—No Longer a Place to Prosper

   Ontario, once Canada’s economic powerhouse, has experienced an historic reversal of its fortunes within Confederation over the past decade. For decades after the Second World War, Ontario’s household income never failed to surpass the national average by ...

5. A Longer-term Perspective on Canada’s Household Debt

   There is much concern about the increase in Canada of household debt to record levels. However, consumer credit is such a new device that debt has hit a record level in almost every year since 1961, so it is difficult to judge what is the optimal level. ...

6. The lifespan of slow growth has been greatly exaggerated

   Appeared in the Regina Leader-Post, March 14, 2015 The idea that we are trapped in a “new normal” of slow economic growth has gained currency with many analysts. Proponents list a number of factors allegedly restraining the trend of growth, including the ...

7. Watch Philip Cross on CBC: slow growth is not the 'new normal'

     Despite gloomy post-recession pronouncements from some analysts, slow economic growth is not preordained in Canada, finds a new Fraser Institute study by Philip Cross, former chief economic analyst for Statistics Canada, who talked ...

8. Is Slow Growth the New Normal for Canada?

   The idea that the western world is trapped in a “New Normal” of slow economic growth has gained currency with many economists and financial market analysts. Proponents list a number of factors allegedly restraining the trend of growth, including the ...

9. Compensation in Quebec’s government sector outpaces private sector

   Appeared in the Montreal Gazette As the Quebec government struggles to eliminate its deficit and rein in the largest debt burden in Canada, it has identified government-sector compensation as a way to restrain spending and balance the budget in 2015/16. ...

10. A Failure on Several Counts: Thomas Piketty's Capital in the Twenty-First Century

    With Capital in the Twenty-First Century, French economist Thomas Piketty scored a best-seller. Yet, according to a book review by Philip Cross, former chief economic analyst for Statistics Canada, the book features fundamental flaws common to many ...