This study presents a projection for the Canadian economy through the year 2020. Although the primary focus of this exercise is on the medium-term and the long-term, attention is inevitably drawn to the short-term outlook. This study incorporates a revision to our latest short-term forecast...

Several recent papers on the political economy of growth have argued that increased skewness in the distribution of wealth/income induces slower growth. In the present model, investment, viewed as education, comes from two sources : a public component, financed by taxes and equally distributed...