This paper examines the macroeconomic effects of government spending shocks in Canada for the period of 1949 - 2012. We … spending changes or the government spending shocks, shows that the government spending multiplier for Canada ranges from 0 …

What is the impact of fiscal policy shocks on key macroeconomic variables in Canada? This question triggered renewed … interest in the aftermath of the 2008-09 Great Recession. Indeed, as in many advanced economies, fiscal policy in Canada … explicitly accounts for spillovers from the U.S., Canada's main trading partner, and for oil price fluctuations. The findings …