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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
decades. In particular, Canada’s Aboriginal population could play a key role in mitigating the looming long-term labour … shortage caused by Canada’s aging population and low birth rate. We estimate that complete closure of both the education and …
Persistent link: https://www.econbiz.de/10008489036
, stocks of wealth, economic equality and economic security) for Canada and the provinces for the 1981-2008 period. It finds …
Persistent link: https://www.econbiz.de/10008489040
; the decline in Canada's relative international productivity ranking; and the widening of the Canada-US manufacturing …
Persistent link: https://www.econbiz.de/10005650208
economies and that Canada's inferior income performance reflected cyclical factors associated with poor macroeconomic policy … economic and labour market developments in Canada and the United States in the 1989-2000 period, looking at trends in real … income, population, labour force, employment, unemployment, output and productivity. The second section looks at the common …
Persistent link: https://www.econbiz.de/10005650217
In this chapter, Jim Stanford agrees that measures were needed to eliminate the deficit. But he argues that Paul Martin's program spending cuts were larger than necessary and caused real pain in many areas of Canadian life. He shows that a strategy in which program spending was frozen in nominal...
Persistent link: https://www.econbiz.de/10005518912
perhaps surprisingly the same in the two countries. Relative to OECD countries, Canada has average unemployment rate … seasonality, but very high employment seasonality. Atlantic Canada has higher levels of employment and unemployment rate …The objective of this paper is to examine labour market seasonality in Canada over the past three decades in order to …
Persistent link: https://www.econbiz.de/10005518939
Canada. According to the after-tax LICO, now the most widely reported measure of low income or poverty, the national poverty …
Persistent link: https://www.econbiz.de/10005292734
is essential to an overall understanding of the fall in labour force participation in the 1990s in Canada. In the fifth … labour force participation in Canada in the 1990s. They disaggregate the youth participation rate into three components: the …
Persistent link: https://www.econbiz.de/10005157596