The variation in unemployment rates across OECD countries has often been interpreted as clear evidence that labour policies and institutions matter a great deal. The basis of this argument (most frequently applied to European countries but also to Canada) is that high payroll taxes, rigid labour...

An important proposition driving the current policy debate over training in this country is that Canadian industry must invest more in developing its human resources. This paper examines the "underinvestment" contention, assessing the evidence that does exist and identifying what additional...