Tag Archives: canada
Health Spending and System Characteristics in Canada and Spain
I gave a talk at Memorial University in Newfoundland & Labrador last week sponsored by the Department of Economics and the Collaborative Allied Research in Economics Initiative (CARE). My talk was based on joint research currently underway with David Cantarero Prieto at the University of Cantabria in Spain comparing the determinants of government health spending […]
150 Years of Federal Consumption Taxation
In the run up to Canada Day and the 150th anniversary of Canadian Confederation, here is another in a line of recent snapshots of the federal government – this time its consumption tax revenues. Why consumption taxes? Well, economists like to make the case for more emphasis on consumption taxation relative to income taxes, which […]
150 Years of Canadian National Defence Spending
Canada’s federal government is going to deliver a new defence policy that is expected to guide Canada’s military for the next generation. While in the works for months, it comes in the wake of President Donald Trump’s recent exhortation at the NATO meetings that NATO members are not spending enough and Tuesday’s speech by Minister […]
A Very Brief History of Federal Cash Transfers: Canada 1867 to 2017
This is a post in celebration of Canada’s 150th and similar in time span to my previous one on housing supply and dwelling starts. Canada is a federation and a key feature of its operation is a system of intergovernmental transfers between its fiscal tiers. Indeed, transfers and regional equity are enshrined in Section 36 […]
Federal Budgetary Comparisons: Canada and the United States
It is federal government budget season in both Canada and the United States and I thought it might be useful to provide a few visual comparisons on federal government finance for the two countries. While the expenditure responsibilities and composition of the two federal governments as well as the relationships and responsibilities with lower tier […]
Infrastructure Overbuilds: Past and Present
Thomas Gunton of Simon Fraser University’s Resource and Environmental Planning Program had a piece in yesterday’s Globe and Mail raising the question if the statement of support for the Keystone XL pipeline and the approval of two other pipelines was moving Canada to a situation of surplus capacity when it comes to pipelines? Gunton’s answer […]
Why the USA Has A Trump and We Don’t (Yet…)
In the wake of the US presidential election and Donald Trump’s ascension to the mantle of “leader of the free world”, one is left pondering the factors that differentiate Canada from the United States. When I was a young boy and visited relatives in Italy, much to my confusion we were invariably referred to as, […]
Health Spending Numbers: An Update on the Long-Term
It is of course useful from time to time to take a look at the longer-term picture when it comes to health spending especially given that there is a slowdown in health expenditure growth. Figure 1 plots per capita total health expenditure in US PPP dollars from 1960 to 2014 for Canada (to 2014) and […]
Federal Budget 2016: Quick Comment
Well it is Budget Day in Canada! Today’s federal budget is designed to address Canada’s uncertain economy by running large deficits to stimulate spending. Interestingly enough, the spending is somewhat more skewed towards people rather than things (infrastructure) which probably makes it a long term calculated pre-election strategy.
Resources, Investment and the Current Canadian Slowdown
Real GDP growth in Canada slowed down during 2015 with the drop in the price of oil and the crash in the resource sector. The economic contribution of the main resource producing provinces to Canada’s economic performance is particularly important when it comes to recent capital formation as an economic driver.
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