Monthly Archives: June 2024
What explains the weak growth in total factor productivity in non-renewable resource extraction industries?
McMaster University’s Oliver Loertscher and Pau Pujolas have a recent article in the Canadian Journal of Economics entitled “Canadian productivity growth: Stuck in the oil sands”. Here is the abstract: We study the behaviour of Canadian Total Factor Productivity (TFP) growth over the past 60 years. We find that the observed stagnation during the last 20 years […]
No, your kids don’t want your stuff
Dining room sets that cost thousands of dollars new can be picked up for a few hundred dollars (or less) on Kijiji or Craigslist. Here’s a quote from typical ad: “Solid wood in Excellent condition. Rarely used. I am moving to a smaller house and it needs to go. Price is negotiable.” It’s part of […]
From tax policy to tax politics.
Notes prepared for a Session in Honour of Robin Boadway II: Emerging Issues in Tax and Transfer Policy, held at the Canadian Economics Association meetings in Toronto, June 1, 2024. The fundamental principles of optimal tax analysis have not changed greatly over the past 50 years. The constraints faced by tax policy makers have. The […]
Worthwhile Canadian Initiative 
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