Tag Archives: canada

The Decline of Manufacturing in Canada – 1926-2011: Dutch Disease?

The debate about “Dutch Disease” is focused on the relationship between natural resource export booms, currency appreciation and the decline of Canadian manufacturing.  I decided it was worth hunting up some long-term data on manufacturing’s share of Canada's economy given that my economic history background tells me that over the long-term, the share of the […]

Employment, Economic Comparisons and EU Trade

Despite continually being told that Canada has been one of the top economic performers throughout the recent world recession and financial crisis, we are not content to rest on our laurels and it appears that we continue to strive for better things.  Canada is in the process of negotiating a comprehensive Free Trade agreement with […]

The Big Three Are Still Big

Employment growth in Canada has been particularly robust in the west and nowhere is this more evident than when examining recent employment growth amongst Canada’s CMAs.

Provincial Finances: An Estimate of “Tax Prices”

My previous post dealt with differences in provincial health spending and how on a per capita basis some provinces were substantially above the provincial average while others were not.  One of the factors behind any government spending at the provincial level is own source revenue capacity so in light of some of the comments asking […]

Trade Shift?

Well, Stephen Harper’s recent statement during a talk at the Woodrow Wilson International Center as reported by the Globe and Mail during his recent visit to the United States that: “We cannot be in a situation where really our one and only energy partner can say no to our energy products” underscores what seems to […]

Driving Investment: Public or Private?

Yesterday’s Statistics Canada release on public and private investment spending intentions noted that: “Canadian public and private organizations reported that they intend to invest $394.1 billion in construction and machinery and equipment in 2012, up 6.2% from investment in 2011.”  Indeed, one story I came across mentioned how important public sector capital spending was going […]

Gasoline Prices

Well, the Family Day long weekend is upon us and gasoline prices here in Thunder Bay have spiked up again.  Last week, gasoline in Thunder Bay was about $1.17 a liter and right now it is about $1.30 though prices are a bit lower on the south side of town.  Thunder Bay's prices have been […]

Stein’s Law and Canadian Health Spending

Health economist Uwe Reinhardt in a recent Economix Blog posting noted the recent rates of U.S. health spending growth for 2009 and 2010 reported by the Centers for Medicare and Medicaid Services were marked as the lowest rate in the 51-year history of the National Health Expenditure Accounts.  Indeed, the growth rate for 2009 was […]

The Balance of the Federation

The Canadian Federation is an institutional arrangement whereby the constituent units are able to both cooperate and compete with jurisdictions that are both separate and coordinate. The debate over the respective roles of the federal and provincial governments has taken various forms over time with views that emphasize the centrality of the federal government along […]

Raising the pension age: not if, but when.

It is not a question of if: Canada will, eventually, raise the age at which people are entitled to claim Guaranteed Income Supplement and Old Age Security. The US is raising its full retirement age, the UK is raising its state pension age. We'll raise our pension age for the same reason that they raised […]