Monthly Archives: October 2009

The PBO and the OLO

Michael Ignatieff has been talking recently about the importance of an independent Parliamentary Budget Office, and Kevin Milligan at Support the OPBO is paying attention: Ignatieff takes up the cause More support of the PBO from the OLO Go read them; Kevin's doing a great job of commenting on the various issues surrounding the idea […]

That’s not shadow banking, that’s the stock and bond markets

Paul Krugman has a flow chart showing flows of savings from ultimate lenders to ultimate borrowers. One arrow goes via the banks. Paul labels it "traditional banking"; that's fine. People deposit their savings in banks, and the banks lend those savings to other people or firms. But a second arrow goes directly from "the public" […]

Measuring employment in Canada: LFS vs SEPH

Statistics Canada publishes two sets of numbers for employment. The one that makes the headlines is from the Labour Force Survey of households, and it is released on the first or second Friday following the month in question. The other series is the Survey of Employment, Payrolls and Hours of employers, and it is released […]