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Thursday, Apr. 10, 2014 6:14PM EDT
Canadians aren’t accustomed to overachieving in global comparisons. Our national personality type tends to direct our focus on those rankings in which Canada is the lowly, loveable underdog. When we placed a meagre 14th in the most recent ranking of business competitiveness, for example, we gave ourselves a collective “Oops, sorry.”More »
Wednesday, Apr. 09, 2014 5:00AM EDT
Quebec managed to get through an election campaign with only a peripheral discussion on its economic future. Too bad. The province is steadily drifting into a prolonged period of slower real economic growth, due to aging demographics and weak productivity gains.
Without deliberate action by government and business to counteract these forces, Quebeckers face an unappealing combination of deteriorating public services and higher taxes – and a stark future as an increasingly uncompetitive economic jurisdiction.More »
Monday, Apr. 07, 2014 3:59PM EDT
Federal Finance Minister Joe Oliver expects to have 18 months in the position before his government faces an election. Thanks to the policy decisions made by his predecessor, the broad economic challenges he faces will likely be relatively modest. But Mr. Oliver will nonetheless face significant tests of his political abilities, particularly in how he deals with the government’s new problems: Budget surpluses and a declining debt ratio.More »
Thursday, Apr. 03, 2014 7:06PM EDT
BRIAN LEE CROWLEY
The health care establishment’s lamenting of the expiry this week of the health accord, negotiated 10 years ago between Ottawa and the provinces, contained lots of hand-wringing about alleged “underfunding” and lack of “federal leadership.” Neither of these things is at the root of health care’s malaise.More »
Wednesday, Apr. 02, 2014 5:00AM EDT
The ongoing election in Quebec is making a lot of noise at the national level for many reasons. As a former minister in Quebec’s Liberal government (from 2009 to 2012), I am choosing not to get involved in the political debate. However, as an economist, I feel like shedding some light on one controversial and material issue that has come up throughout the campaign that relates to the recent performance of Quebec’s labour market. Put simply: How many jobs were created in Quebec in 2013?More »
Friday, Mar. 21, 2014 5:00AM EDT
BRIAN LEE CROWLEY
Here we go again.
A group of mathematicians sponsored by NASA have purportedly proven that humanity is doomed. Ho hum. No queue-jumping, please. Doomsayers are a permanent feature of human existence, but have achieved a veneer of scientific respectability ever since the 19th century’s Thomas Malthus won economics the name “the dismal science” by predicting that population growth would outstrip agricultural productivity. He predicted mass starvation.More »