Comparing Recent Economic Performance in Canada and the United States: A Provincial and State-Level Analysis
At $29.4 billion, the projected budget deficit in 2016/17 is larger than the cumulative budget deficits projected for the entire mandate in the Liberal platform.
Since 2007/08, Canada’s federal debt has grown by $176 billion to $692 billion in 2015/16.
Eighty-eight per cent of minimum-wage earners do not live in a low-income household.
Misleading claims about ‘poverty’ in Canada fail to distinguish between temporary and persistent spells
Only 1.5 per cent of Canadians remained stuck in low income every year.
The word “pipeline” does not appear in the Wealth of Nations, but what the Danube is to ordinary shipping, pipelines now are to the delivery of oil and gas.
Prime Minister Trudeau recently said that infrastructure spending is “the key” to kick-starting Canada’s economy.
The main reason for the relatively slow increase in exports, notwithstanding the weak Canadian dollar, is the ongoing slow recovery of the U.S. economy.