On May 28th, 61 Canadian economists (myself included) signed the following letter urging the federal government to instruct the Bank of Canada to consider full employment and not only inflation…
In September, I expressed my concerns that the new Canada Child Benefit (CCB) may not be responsible for a 40% reduction in child poverty as claimed by the Minister of…
by: Kaylie Tiessen & David Macdonald Small business taxes made the news last week when, during a CBC interview, federal Liberal leader Justin Trudeau suggested many business owners are using…
Another year, another dead Canadian tech giant. Blackberry was sold yesterday for scrap to the Toronto private equity firm Fairfax. The purchase price of $4.7 billion is essentially valued at…
One the most amazing things about this budget is that one of its three focuses will actually be the opposite of what it’s touting. You’ll likely hear that $14 billion…
Canadians are now more indebted than either Americans or the Brits at the peak of their housing bubble. Statistics Canada today revised the national accounts. The result on the household…
Well well, another misinformed tax freedom day has come and gone on June 12th. To mark the occasion this year I wanted to skip over the very serious methodological flaws…
The US Federal Reserve today released its triennial examination of incomes and net worth of American households in the Survey of Consumer Finances. It shows the crushing effects on net…
Readers of this blog will have hopefully read my report “The big banks big secret” which examines the $114 billion that Canada’s banks received during the 2008-09 financial crisis. Its…
I’ve commented on federal job cuts many times before (here, here, here & here) and in the interests of beating this particular horse good and dead (no animals were harmed…
The CCPA today released my report: “The Big Banks Big Secret” which provides the first public estimates of the emergency funds taken by Canadian banks. The report bases its estimates…
I wanted to tip my hat to the hard working folks at the PBO for a particularly revealing Economic and Fiscal Outlook that was published today. While the PBO has…
Thankfully the federal budget has started to fill in some of the details of its latest round of cuts. In particular, it now estimates 19,200 positions lost due to its…
Now that the government is planning for an $8 billion cut, the potential job losses could drive job losses to between 99,000 and 108,000 full time positions across Canada. At…
