Tag Archives: United States

NAFTA – The “Worst” Trade Deal Ever

With time on my hands over the last week of the holiday season, I spent a bit more time than usual surfing news channels and watched a press conference by U.S. President Donald Trump in  which among other things he again reiterated how the United States had been hard done by NAFTA and that it […]

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 […]

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, […]

Making Change?

Alex Usher at Higher Education Strategy Associates had a great post on his One Thought Blog today dealing with policy-making and change.  His comparison to policy-making in Ottawa as a slow stately moving river compared to Washington's high-pressure ice jam was pretty entertaining – he only left out that parts of the policy making river […]

Comparing Manufacturing Employment Growth: Canada and the USA

According to the employment numbers just released, the United States is doing quite well with the preliminary Bureau of Labour Statistics numbers pointing to the addition of 252,000 jobs in December and an unemployment rate now at 5.6 percent. Meanwhile, Canada exhibited a much weaker performance with Statistics Canada reporting that Canada lost 4,300 jobs […]

We Are Not Slower, Just More Erratic: Comparing Growth in Canada and the United States

The existence of a productivity gap between Canada and the United States should ultimately manifest itself in terms of the growth rate of real per capita GDP.  If productivity growth in Canada is consistently below that of the United States, then our real per capita GDP should also not grow as quickly as the United […]

Taxation and Growth: A North American Cross-Border Comparison

My last comparison of U.S. states and Canadian provinces with respect to their federal transfer revenue shares got me thinking about the other revenue sources and whether any relationship could be found between economic growth and revenue composition.  Income taxation is supposed to have incentive and distortion effects on saving, risk taking and labor supply […]

Fiscal Federalism: A Cross-Border Comparison

As a federal country, one of Canada’s hallmarks is a well-developed system of intergovernmental transfers.  Indeed, we often remark that Canadian provinces are dependent on federal transfers for large chunks of their spending and there is some debate over whether Canada’s provinces should engage in more own-source revenue effort rather than plead for more transfers.  […]

International Employment Update: U.S. Resilience and Australian Exceptionalism

I thought it was time for an updated look at employment creation in the advanced economies given that we are now at just over five years since the 2008-09 Great Recession that walloped world economies.  I’ve taken the IMF World Economic Outlook Database employment numbers for the period 2007 to 2013 to get employment levels […]

We Will Bury You…Eventually?

Few probably recall (I was not even born yet) the November 18, 1956 Western ambassadors reception at the Polish embassy in Moscow where the then Soviet First Secretary of the Communist Party Nikita Krushchev supposedly uttered the famous quote: “We will bury you.”  The actual line apparently was apparently something to the effect of “Whether […]