Canadian economy will stall in 2020

The next two years will probably bring feeble increases in GDP, in line with 2019’s uninspiring performance. Job creation is likely to decelerate

Canadian economy will stall in 2020As the clock winds down on 2019, it’s time to ponder what the coming year may have in store for the Canadian economy. To provide some context, 2019 hasn’t been a great year for the economy, with inflation-adjusted gross domestic product (GDP) expanding by around 1.6 per cent. This was less than growth in both…

Canada’s trade deficit narrows with rise in energy exports

Canada's trade deficit narrows with rise in energy exports

Canada’s trade deficit narrows with rise in energy exportsCanada’s merchandise trade deficit with the world narrowed slightly in from $1.2 billion in September to $1.1 billion in October, says Statistics Canada. The federal agency reported Thursday that exports rose 0.8 per cent in October while imports increased 0.5 per cent, mainly on higher imports of energy products. “Exports of energy products (+3.4 per…

Why a Canadian basic income is inevitable

The need for income security among middle-class Canadians is accelerating as the labour market changes

Why a Canadian basic income is inevitableIn Canadian policy circles, basic income has come to mean a stipend paid to families or individuals without the many conditions and rules that govern existing income assistance programs. The amount received is gradually reduced as income from other sources increases. However, basic income is not just about welfare reform. A basic income is most…

Canadian capital markets thrive without national regulator

Centralization undermines bottom-up co-ordination already underway between the provinces and territories

Canadian capital markets thrive without national regulatorAdvocates for centralized financial regulation have met their match in Canada. The nation is proof that competition between intranational jurisdictions can foster diverse, prosperous capital markets. In the research paper, The Federal Takeover of Canada’s Capital Markets, we argue the decades-long push for a national securities regulator is a solution in search of a problem.…

Wexit threatening Alberta’s economic recovery

The worst thing Alberta can do is let the Wexit debate linger. A never-ending debate will only trigger a permanent loss of economic power and status

Wexit threatening Alberta’s economic recoveryWhen the topic of political separation comes up, there’s one thing most of us can agree on: it’s bad for business. Recent grumblings in Alberta about breaking free of Ottawa’s shackles – which are, less face it, profoundly annoying and bad for business in their own way – brought back memories of that other separatist…

Canadian economy grows at 1.3% annual rate in Q3

Third quarter growth was led by higher business investment and increased household spending, boosting final domestic demand

Canadian economy grows at 1.3% annual rate in Q3Real gross domestic product (GDP) in Canada grew 0.3 per cent in the third quarter of this year, following a 0.9 per cent increase in the second quarter, according to Statistics Canada.  The federal agency reported Friday that, expressed at an annualized rate, GDP advanced 1.3 per cent in Q3. GDP in the United States…

Activist Liberal government produces red ink and alienation

Prime Minister Justin Trudeau is following in the footsteps of his father. That’s leading to fiscal calamity and regional dissent

Activist Liberal government produces red ink and alienationBy Jason Clemens, Milagros Palacios and Niels Veldhuis The Fraser Institute As the dust settles from the federal election – which further exacerbated Western frustration, if not outright separatist sentiments – it’s worth considering the policy ebbs and flows of the Liberal Party under Pierre Trudeau and his son Justin. Therein lies the explanation and…

When the critics mirror their targets

A swamp of vested, bureaucratic interests hobbled by dogma, enriched by institutional entitlements and bloated by fat pay packages. Surely not these two now-merged think-tanks

When the critics mirror their targetsNow that Canada’s most famously libertarian think-tank has merged with the Atlantic provinces’ premier government-thrashing mouthpiece, does their union augur a future for exemplary new standards of public policy along the East Coast? After all, both the Fraser Institute and the Atlantic Institute of Market Studies have, over the years, made many of their major…

Canadians thinking green for holiday shopping

And fewer consumers plan to shop on Black Friday and Boxing Day this year, according to Accenture survey

Canadians thinking green for holiday shoppingEnvironmentally friendly products will account for about one-third of Canadians’ spending this holiday season, according to the eighth annual Holiday Shopping Survey from Accenture. But they will be spending a little less money this year on average. “With increased awareness about the climate crisis, it’s no surprise that responsible retail matters now more than ever,…

How to turn surviving into thriving

If we’re focused on thriving and growing during periods of difficulty and change, our brains look for these opportunities

How to turn surviving into thrivingWhile the overall economic numbers seem to indicate that the Canadian economy is firing on all cylinders, there are still areas geographically and by industry where businesses are struggling. Having lived through a number of difficult times in my 30-plus years owning and running businesses, I’ve learned there are a number of ways to improve…
1 2 3 17