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In this chapter, Don Drummond makes the case that with large deficits there was little room for the Bank of Canada to … argues that the elimination of the deficit has reduced risk premia and allowed the Bank of Canada to bring interest rates …
Persistent link: https://www.econbiz.de/10005157589
in Canada, Fortin lays the blame for the inferior economic performance of the Canadian economy relative to the U ….S. economy squarely on the back of the Bank of Canada, and dismisses structural explanations of the recession as lacking an …
Persistent link: https://www.econbiz.de/10005157590
distributional changes that have occurred in Canada in the 1990s as well as useful comparative perspectives both in terms of trends … income in Canada during the 1990s. …
Persistent link: https://www.econbiz.de/10005481815
links between monetary policy and the economic well-being of Canadians. The Bank of Canada economists do admit that tight …
Persistent link: https://www.econbiz.de/10005481816
reduce the double-taxation of saving. The main elements of public policy related to pensions in Canada cover these pillars …-pillar metaphor is still a fruitful perspective because it facilitates constructive responses to the pressures confronting Canada … policy”. Based on his examination of Canada’s pension and health-care systems, Robson makes a number of recommendations …
Persistent link: https://www.econbiz.de/10005481821
that has occurred in Canada over the past 20 years. Boadway makes the case that the fiscal arrangements have played an … an overall vision is needed. Unfortunately, Canada does not have an institution like the former Economic Council that is …
Persistent link: https://www.econbiz.de/10005481822
Income Supplement in 1968 and the reduction in poverty after 1973 to the maturing of the Canada/Quebec Pension Plan regimes … universal medicare. Osberg also finds that relative to the United States, Sweden and the United Kingdom, Canada has done the … best job in boosting the income levels of seniors above the poverty line. In his view, Canada has done a remarkable job in …
Persistent link: https://www.econbiz.de/10005481823
hitherto unexploited data from Statistics Canada’s Survey of Consumer Spending to examine the financial circumstances of the … elderly and discusses the implications for the design of Canada’s retirement income system. Hamilton notes that there are five …
Persistent link: https://www.econbiz.de/10005481824
Quebec’s relative growth performance with Ontario has always been an issue of concern for economic historians. In his paper Pierre Fortin discusses trends in Quebec’s real domestic income relative to that in Ontario over the last half-century. He finds that per capita real domestic income in...
Persistent link: https://www.econbiz.de/10005481825
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita into two basic drivers: labour supply and labour...
Persistent link: https://www.econbiz.de/10005650205