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 …

Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given … Economic Performance and Social Progress is to attempt to fill, at least in part, the lacuna in the literature in Canada on … trends in Canada and OECD countries. The two papers in the second section examine the impact productivity has on government …