Due to the new tax, financial capital will be used less efficiently and productivity will suffer.
Ottawa is spending nearly one-third more than it was in 2019 before the pandemic.
The overall employment rate hasn’t recovered to 2019 pre-COVID levels.
Ottawa should stop imposing costly ESG reporting mandates on companies.
The inflation rate for supply managed products such as butter and milk outpaced the general rate.
The Bank of Canada's “easy” policies help explain the current pain at the pumps.
Persistent labour shortages are helping drive up costs.
While the Bank of Canada is beginning to shed assets, it will take sustained aggressive action to get control of the situation.
The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.
The goal of "maximum sustainable employment" is largely determined by forces beyond the central bank’s control.