Tag Archives: economy
Rapid Vaccinations Can Help Avoid the `Third Wave’ in Ontario
The following is a guest post by Miguel Casares (Universidad Publica de Navarra, Spain), Paul Gomme (Concordia University), and Hashmat Khan (Carleton University) Of utmost importance is improving our understanding of the complex interactions between: (a) the epidemiology that describes the evolution of the coronavirus/COVID-19; and (b) the social and economic choices of individuals. Towards […]
Reflections on Westeros
Well, it is the May long weekend and a celebration of Queen Victoria but this year it has also coincided with the end of Game of Thrones and its own set of Kings, Queens and associated dysfunctional noble figures. There has been a lot of angst expressed about how inadequate the final season has been […]
So What Happens in the Next Recession?
I’m not a macro economist by any stretch of the imagination and yet I cannot help wondering what is going to happen in terms of policy response the next time Canada goes into a downturn. It is not a question of whether there will be another recession, only when. By policy response, I am of […]
Bank of Canada Governors and Economic Performance: A Canada Day Celebration
Another Canada Day, another year of Confederation – we are now 148 years old– and another opportunity for taking a historical look at some economic aspects of Canada. For your Canada Day musings, I decided to take a look at economic indicators according to the tenure of Bank of Canada Governors since 1934 (the legislation […]
Ontario and Its Neighbours
I suppose I have become somewhat obsessed with Ontario’s economy and its performance but here I go again with a few comparisons. Ontario is strategically located on the Great Lakes-St. Lawrence waterway adjacent to the huge population of the US northeast. Its neighbours are trade partners and markets as well as economic competitors. How does […]
Canadian Manufacturing Employment: Growth and Decline (But more decline than growth)
Ontario’s budget will be presented today in the wake of new GDP numbers from Statistics Canada showing that Ontario’s real GDP growth was amongst the poorer performers in the country in 2013 (Quebec, NS, & NB were lower). Manufacturing was again singled out as one of the sectors in which Ontario is doing rather badly […]
Ontario Manufacturing: Not Getting Better Anytime Soon
The Ontario economy’s manufacturing sector was particularly hard hit by the 2009 recession. One measure of whether it is rebounding is to see if there is substantial new investment going into Ontario manufacturing in terms of capital expenditures on construction, machinery and equipment. It does not look very good.
Why Ontario Will Not Be Balancing the Budget Anytime Soon
Ontario released its fall economic statement this week and the government insists that it will be balancing the budget by 2017-18. From an actual deficit of 9.2 billion dollars for 2012-13, it is anticipated that the deficit will be 11.7 billion dollars in 2013-14 and will go down to 3.5 billion dollars by 2016-17. Yet, […]
Can Chinese Tourism Save Europe?
In its long history, France and Paris have been invaded numerous times but the latest invasion from the East is not from Les Allesmands but from China. Its only May but Paris is already inundated with tourists and many of them are from China and Japan. A recent story by Arnaud de la Grange in […]
The Year Ahead
The New Year is when we try to look ahead and project what we think the economy will be like. There is no shortage of forecasts from banks, international economic agencies and independent forecasters as to how the Canadian, US and world economies will fare over the next year.
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