Tag Archives: dutch disease
A Lower Dollar Won’t Reverse Manufacturing’s Decline
The decline in the value of the Canadian dollar relative to the US dollar is expected to provide a boost to the manufacturing sector. There is certainly no shortage of commentary on whether the fall in the dollar is the result of economic fundamentals or an engineered conspiracy designed to boost Conservative re-election prospects in […]
Why Is Manufacturing Special?
Andrew Coyne has an excellent piece in the National Post dealing with why there are no good reasons for corporate handouts in the wake of yet another round of assistance to the automobile sector. He asks what the economic rationale for this assistance is – that is, what is the economic value? He argues that […]
We Are Not Alone…
One more bit of quick evidence on manufacturing and its share of GDP – this time, international evidence. I found some data from the United Nations for the period 1970 to 2010 and calculated the manufacturing to GDP ratios for Canada, the other six G-7 countries as well as Brazil, China, India, Australia and also […]
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 […]
Worthwhile Canadian Initiative 
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