The Progressive Economics Forum: A Fine Balance: GDP Growth by Sector and the Impact of Austerity

The second-quarter GDP numbers confirm that Canada’s continuing “recovery,” such as it is, is still balancing very precariously on a knife-edge between expansion and contraction.  The various sources of growth vary widely in their current momentum.  The overall net balance is barely positive.  And coming austerity in the public sector could

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The Progressive Economics Forum: Industrial Policy, Manufacturing Employment, and the Loonie

The Institute for Research on Public Policy has published a very interesting overview study on the resuscitation of “industrial policy” in economic policy circles.  It points out that industrial policy levers are used widely by countries around the world–despite hypothetical efforts (through trade deals and other institutions) to limit their application. 

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