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Economists and media fuel confusion on Canada’s economy and economic policy
Appeared in the Vancouver Sun, November 3, 2017 As the old joke goes, why did God create economists? To make weatherman look good. At times like this, nothing could be closer to the truth (full disclosure, we’re economists). On Monday, Statistics Canada ...
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Despite brisk economic growth, Ontario continues to rack-up debt
Appeared in the Ottawa Sun, November 1, 2017 After a lengthy period of sluggish growth, Ontario’s economy has finally started to pick up steam. Which is good news for Ontario. And good news for Canada. Ontario represents about 40 per cent of the national ...
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Prime Minister Trudeau on track to set record for increasing federal debt
Appeared in the Saskatoon StarPhoenix, October 26, 2017 Sometimes it takes years, if not decades, for a prime minister’s legacy to fully take shape. Other times it happens in much shorter order. Just two years into his first mandate, Prime Minister Justin ...
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An Analysis of Federal Debt in Canada by Prime Ministers Since Confederation
Over Canada’s 150-year history, prime ministers have, in various ways, helped shape the country, often leaving a legacy that affects Canadians to this day. A key aspect to any prime minister’s legacy is whether they left the federal government ...
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Canada’s federal deficits would be much worse without Alberta
The prevailing narrative surrounding the post-2008 recovery in Canada is that the country weathered the storm significantly better than the United States, and has emerged in relatively strong fiscal shape (though certainly not unscathed) ...
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Government debt a more pressing concern than household debt in Canada
The recent interest rate hike by the Bank of Canada has renewed concerns over household debt and the ability of Canadians to manage rising debt service costs, given that household debt has reached record levels. However, as a recent ...