Revealed: how the wealth gap holds back economic growth | Business | The Guardian. The west’s leading economic thinktank on Tuesday dismissed the concept of trickle-down economics as it found…
Assorted content for your weekend reading. – Andrew Jackson reviews the OECD’s economic recommendations for Canada – featuring a much-needed call for fair taxes on stock options: Special tax breaks…
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…
The organization representing the industrialized, First World, isn’t pulling any punches on climate change. OECD Secretary-General, Angel Gurria, maintains we need to decarbonize by mid-century. “We need to achieve zero…
Assorted content to end your Family Day. – Gerald Caplan comments that it’s long past time to put the Senate out of its misery: Who knew that when well-known Canadians…
It is the fashion among our corporate overlords and their rabid right-wing courtesans to utter a trite phrase that, because it is repeated so frequently, is taken as truth by…
In 2006 Canada was spending 2% of its Gross Domestic Product on R&D. In 2012 it will spend just 1.69%. While a large portion of the decline is due to…
It’s odd that Conservatives advocate competition in the economy when under this Conservative government our economy has only become less competitive. The World Economic Forum (WEF) has recently lowered Canada’s…
Though many would say that fiscal deficits from this Conservative government are the most worrying, their lack of economic knowledge is far more dangerous. Before showing the economic ignorance of…
Sept 2012: Unemployment is up at 7.4%; it has been increasing since June while American unemployment has only gone down. July 2012: Worst trade deficit ever in Canadian history at…
Yesterday, Mike Moffatt took to The Globe and Mail’s “Economy Lab” in response to my suggestion that the Bank of Canada should moderate the exchange rate. (Perhaps his motive for…
The just-released OECD Employment Outlook – full text not available on line – has an interesting chapter on the sharp decline of labour’s share of national income in virtually all…
Last week, Conservative MP Randy Hoback had another letter in The Prince Albert Daily Herald blaming the NDP for the pulp-mill closure in 2006. He still has not addressed my…
Further to my earlier post on the OECD and “Dutch Disease”, I have received a heavily redacted response to an access to information request (A-2012-00073/CN.) submitted to the Department of…
Today’s report that the national inflation rate fell to 1.2% in May deflates calls for higher interest rates to reduce inflation. The central bank’s core rate was 1.8%, also below…
OECD economist Peter Jarrett – lead on the just released Economic Survey of Canada – agrees with the Mulcair diagnosis.
This and that for your Thursday reading. – The OECD is the latest independent observer to confirm Thomas Mulcair’s point that dutch disease is a real problem for Canadian manufacturing.…
This and that for your Tuesday reading. – Dana Flavelle and Rachel Mendleson both cover Lars Osberg’s study on the harmful effects of inequality. But let’s highlight the key conclusion…
Today, Statistics Canada reported an annual inflation rate of 2%, precisely in line with the Bank of Canada’s target. With inflation under control and renewed risks to the global economy,…
Canada’s business press has recently been filled with speculation that the Bank of Canada may soon hike interest rates based on its somewhat more optimistic economic outlook. But today’s Consumer…
