Monthly Archives: May 2018
Project Link update
I've just updated Project Link, my attempt to piece together the bits and pieces of published Statistics Canada data into a coherent history of the post-war Canadian economy. (The introductory post is here, and a post on the first update is here.) Here are the main elements: Incorporating Statistics Canada's long-awaited publication of its expenditure […]
Public Debt: A Global Perspective
There is much international preoccupation with debt at the public sector, household and corporate levels and the upward creep in interest rates does apparently keep central bankers – including our own Mr. Poloz – awake at night. Given the problem is an international one, sometimes it is useful to try and get a global perspective […]
Gross Domestic Income in Canada, 1947-2018
The latest update of Project Link includes estimates for national accounts income measures: Gross National Income (formerly known as Gross National Product), Net National Income, compensation of employees, and disposable income, all going back to 1947Q1. I've also added Gross Domestic Income. GDI is a fairly recent arrival in the national accounts, and it takes […]
The macroeconomics of Stanley Cup dynasties
This post was written by Davin Raiha at the Ivey Business School. As the NHL playoffs inch closer to the Stanley Cup, it is an appropriate time to reflect on how economic conditions and forces have impacted competition within the NHL over the past few season. A few seasons ago – specifically during the 2015 […]
A very simple model of too much city
100 identical individuals choose to live in one of two identical locations. The only thing they care about is how many people live in the same location. Let W individuals choose to live in the West, so 100-W choose to live in the East. The Utility of living in the West is U(W), and the […]
Addressing Ontario’s Fiscal Challenges
While 2017-18 saw a surplus of $642 million after years of deficits, the 2018-19 Ontario budget now projects a deficit of $6.7 billion and a net provincial debt of $325 billion with deficits projected to continue for five years afterwards. If one considers the recent report of the Auditor-General, then Ontario’s deficit may be even […]
Worthwhile Canadian Initiative 
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