The study estimates the impact of COVID-19 on the labour market outcomes of major industrial sectors in Toronto, the largest urban centre in Canada. Using various economic data, we classify the sectors as distressed, stable, and those requiring ongoing monitoring. Furthermore, we estimate the...

This paper examines the challenges that the manufacturing sector has faced over the last half century - focusing on both long- and short-term performance. It first examines whether there is evidence that this sector is in long-term decline. The paper also investigates how the industry has...

The paper undertakes a cross-sectoral analysis of a salient empirical implication of the model of tacit collusion advanced by Abreu et al (1986). Specifically, the prevalence of a first order Markovian process for alternating between price wars and collusive periods is assessed by means of...