On Recession Economies
So, today the Bank of Canada lowered its prime lending rate to 0.5%. Supposedly, this signals that Canada is sliding into a recession. Those of us who have been watching…
Recession
On Recession Economies
So, today the Bank of Canada lowered its prime lending rate to 0.5%. Supposedly, this signals that Canada is sliding into a recession. Those of us who have been watching…
The Deficit Battle and the Economic War
Evidence continues to mount regarding Canada’s lousy economic trajectory, and there is now a pretty broad consensus among Canadian economists that the economy was likely in recession in the first…
Judging the Odds for an “Election Recession”
Canada’s first-quarter GDP report was not just “atrocious,” as predicted by Stephen Poloz. It was downright negative: total real GDP shrank at an annualized rate of 0.6% (fastest pace of…
Is another recession on its way?
Is another recession on its way? Louis-Philippe Rochon Associate Professor, Laurentian University Co-editor, Review of Keynesian Economics Canada’s economy shrank in the first quarter by a whopping 0.6%. Is this…
Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts.…
Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts.…
Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts.…
Seniors are not a good reason for doubling TFSA limit
After years of being promised whenever the federal books got balanced, it looks like the next Harper budget is indeed going to double the contribution for Tax Free Savings Accounts.…
Even the Fraser Institute Can’t Look the Other Way But It Can’t Tell the Truth Either.
There’s a bumper sticker line that could double for the provincial motto of Alberta: Dear God, Please Give Us One More Oil Boom and, This Time, We Promise We Won’t…
ROCHON: Harper in closet over the economy as Canada heads toward another recession
This guest blog post has been written by Louis-Philippe Rochon. You can follow him on Twitter @Lprochon – Harper’s recent incarnation as an anti-terrorist crusader has caught many Canadians by…
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.…
What Neoliberalism Has in Store For You
click to enlarge From Le Monde, a timely explanation of how disastrous neoliberalism continues to thrive despite an endless string of economic disasters and what it holds in store for…
Indigenous Workers in Canada
Labour market data in Canada is easily available by sex, age, and region. We spend a great deal of time talking about these factors. More recently Statistics Canada made labour…
The Incredible Shrinking Middle Class Jobs
Here’s what really happened in the USA (and Canada?) over the past five or so years: good jobs disappeared and low-paying service jobs replaced them: Nearly half of the new…
Rising Homelessness
In 2010, I wrote a blog post in which I suggested that: a) the recession of 2008-2009 would bring on increased homelessness; and b) there would be a lag effect…
IWD 2014: The “girl effect” reduces inequality, but Canada can’t coast on that much longer
Every year when International Women’s Day rolls by, I can’t help but reflect on power, how it’s shared, and how women use the power they have. This year, I am…
What happened to the recovery?
(The following is slightly adapted from a short piece on page 3 in the new issue of Economy at Work, the quarterly publication I produce for CUPE, which also covers…
Development and Recession: Looking Back To See The Future
Tonight is Friday and while I sit here occupying my time with readings, movies and Youtube, many of you are probably outdoors enjoying the beautiful weather with the company of…