In 2019, government spending equaled a remarkable 55 per cent of Atlantic Canada's economy.
Since the 1970s, Canada’s spending-to-GDP ratio has always been larger than the ideal range to maximize economic growth.
In Canada, housing and pension assets comprise the largest sources of household wealth.
Alberta will reduce its corporate income tax rate to 8 per cent.
Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession
Excluding residential investment, business investment dropped 17.3 per cent.
A 10 per cent increase in energy consumption is associated with a 1.2 per cent increase in economic activity.
The profit and loss system provides quick feedback on the quality of innovation.
The Bank of Canada recently reiterated its long-term expectation that economic growth will decline to 1.3 per cent.