Deficit Déjà Voodoo again in New Brunswick
The Fredericton Daily Gleaner published an op-ed I wrote about how the province doesn’t have a structural deficit, despite the government claiming it does. The commentary piece is behind a…
deficits
Harper Conservatives vs the IMF on Deficits
Here is an extract from my column on balanced budgets in the Globe ROB today. “When it comes to balancing the books, the Harper government is seemingly more Catholic than…
G20 meeting of world finance ministers too little too late
Posted earlier as an opinion piece for CBC. See original post here (this post slightly modified from original) By Louis-Philippe Rochon Follow him on Twitter @Lprochon Much was at stake…
Rochon Asks: “Is the Canadian economy unraveling?”
In a recent CBC blog post, Louis-Philippe Rochon assesses the current state of the Canadian economy. The link to the blog post is here. Follow him on Twitter @Lprochon.
Seccareccia on Greece, Austerity and the Eurozone
Over at the blog of the Institute for New Economic Thinking, Ottawa U professor Mario Seccareccia has given an interview titled “Greece Shows the Limits of Austerity in the Eurozone.…
Don’t Play Tories’ Game on “Risk” of Deficit
Acres of newsprint have been devoted in recent weeks to the possibility that lower oil prices might push the federal budget back into a deficit position. As I argue in…
Louis-Philippe Rochon’s Top 10 Economic Predictions for 2015
Louis-Philippe Rochon has written a provocative blog post for the CBC titled “Top 10 Economic Predictions for 2015.” The post is available here.
What Have we Learned From the Financial Crisis? Part 4: Bernard Vallageas
What follows are comments from a roundtable discussion held at the University of Ottawa on February 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon,…
What Have we Learned From the Financial Crisis? Part 3: Mario Seccareccia
What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon,…
What Have we Learned From the Financial Crisis? Part 2: Louis-Philippe Rochon
What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon,…
What Have we Learned From the Financial Crisis? Part 1: Marc Lavoie
What follows are comments from a roundtable discussion held at the University of Ottawa on January 28, organized by Mario Seccareccia, and which featured participation from Marc Lavoie, Louis-Philippe Rochon,…
Flaherty’s Legacy: Ideological, reckless and just plain lucky
This piece was originally published at the Globe and Mail’s online Report on Business feature, EconomyLab. There are two reasons why it is difficult to comment on the legacy of…
Canada Post’s vow to ‘protect taxpayers’ needs a reality check
This piece was first published in the Globe & Mail. In a move that caught everyone off-guard, Canada Post announced a five point “action plan” last week that included phasing-out…
Flaherty’s (mis)Adventures In Balanced Budget Land
Flaherty is expected to deliver an “optimistic” fiscal update report today, which will show the government tracking to achieve a “balanced budget” by 2015. Unlike last year’s update which went…
Obama’s Powers and the Debt Ceiling Increase: What if the Tea Party is right?
Senator Collins The debate is getting testy down south. The Republicans seem to believe that they have now become paragons of reasonableness, while the Democrats are risking armageddon: Sen. Bob…
Alberta Tar Sands: The Royalty Rip Off [VIDEO]
We recommend:FAA imposed no-fly zone over Exxon’s Pegasus tar sands oil spill siteState Department’s Keystone XL Project Review Upsets EnvironmentalistsTar Sands: Exxon’s New “Energy Everywhere” Program (Satirical Video) Exxon pipeline…
Beating Back the Ghosts: Be Gone Appeals to Reinhart and Rogoff Authority. Welcome the Triumph of Reason.
They’ve haunted me. Incessantly. The ghosts of Reinhart and Rogoff. Their research here, there, everywhere. Bank of Canada speeches? Yes. Finance Department talking points? Check. House of Commons debates? Yup.…
Austerity through infrastructure Cuts: Budget 2013
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…
Dead Money
Kudos to Bank of Canada Governor Mark Carney for raising the profile of the over $500 billion Canadian corporations are holding in excess cash surpluses and not investing in the…
Fiscal “Crisis” In Context: Two Indicators
With all the predictions of doom and gloom coming from the austerity camp, one would think that Canada was already about to hit the famed (but never seen) “debt wall.”…