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In the 19th century, building the Canadian Pacific Railroad was a crucial element for successful and profitable trade between populated and developing portions of southern Canada. In the 21st century, that crucial element could be a northern corridor that eases east-west trade through Canada's...
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Improving access to domestic and international markets can create large economic benefits. Multimodal infrastructure corridors of road, rail, utilities and communications can improve accessibility by reducing interprovincial and international trade costs. Depending on the geographical area they...
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In this article, Trevor Tombe examines the sustainability of Canada's public debt in the face of steadily rising provincial debt, a severe economic shock from COVID-19, and mounting health-care costs associated with an aging population. He finds that while the federal debt is solidly...
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Any well-functioning federation is bound by shared values and by economic arrangements that ensure regions are better off inside the federation than outside it. But conflicts in both areas are inevitable, especially in a country as diverse as Canada. This paper focuses on the conflict within the...
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This paper assesses the costs of internal trade barriers and proposes policies to improve internal trade. Estimates suggest that complete liberalization of internal trade in goods can increase GDP per capita by about 4 percent and reallocate employment towards provinces that experience large...
Persistent link: https://www.econbiz.de/10012102149