Tag Archives: recession
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 […]
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.
Great Recession Versus Great Depression for Canada
With all the doom and gloom with respect to slowing Canadian economic growth and talk of secular stagnation, it is useful to look at a comparison between the last few years in Canada with what transpired during the Great Depression. References are often made that the 2008-09 Recession and its aftermath is a period comparable […]
Net Worth, Wealth Effects and Recessions
According to a report by Bank of Nova Scotia economists Derek Holt and Karen Woods, Canadian businesses have begun to pull back on investment and accumulate inventories which may be a sign that the economy is about to head into another recession. After the surprise second quarter drop in GDP, if there is another drop, […]
Is the Dreaded Double Dip Near?
Statistics Canada has released the Canadian economic accounts with GDP estimates for the second quarter of 2011. Overall, real gross domestic product or GDP declined by 0.1 percent in the second quarter following a 0.9 percent increase in the previous quarter.
Ontario’s Recession Battered Families
Recessions generate many statistics but in the end its all about the people and their families. Statistics Canada today released family income data for sub-provincial areas for 2009 taken from the 2009 personal income tax returns.
Worthwhile Canadian Initiative 
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