On the cusp of the millennium and as the century that was supposed to belong to Canada draws to a close, we find ourselves as a medium-sized nation exercising an influence out of all proportion to our size. This special issue on Canada in the Global Economy gives us a chance to sum up where we...

An important economic trend in Canada in recent years is the increasing share of personal income going to both direct and indirect taxes. This article provides a analysis of the distributional impact of federal tax and transfer policies over the period that the Conservatives were in power...

Canadian prosperity critically depends on the maintenance of an open and secure border between Canada and the United States. Even though the border was reopened quickly following the September 11th attacks, it was not the same as it had been. The new mantra became "security trumps trade" because...

This paper uses Statistics Canada's Social Policy Simulation Database and Model to provide estimates of the cumulative magnitude and distributional impact in 1993 of the tax increases introduced by the NDP government in Ontario in their three budgets after coming to office in 1990. It finds that...

In this paper it is argued that a sovereign Quebec would be unable to continue using the Canadian dollar as its currency. Companies with large investments in Quebec should thus anticipate that if Quebec separates , a lasting monetary union with Canada would be practically impossible.

The mid-1960s were the good old days for Canadian bankers before the Canadian banking system was opened up to foreign competition. Now it is a whole new competitive ball game as Edward P. Neufeld points out in his paper on the challenges that globalization poses for the Canadian banking system....

Morley Gunderson presents an overview of issues related to North American economic integration and globalization. He provides a particularly balanced perspective, a rarity in this area of highly charged, ideology-driven and emotional debate. He first notes that economic integration has both a...

Both Canada and the United States have recently undertaken comprehensive reforms of their tax systems. In the case of the corporate tax, the main thrust of the reforms has been to lower tax rates,broaden the tax base, and curtail or eliminate incentives such as investment tax credits. This...

The period from 1971 to 1974 was one of fundamental change in the structure of the Canadian system of taxation. From the federal budget of June 18, 1971, which brought the long process of tax reform to a close, to the introduction of the personal income tax indexing scheme, the variety and...

This paper examines the impact of immigration on labour productivity in Canada. Immigration is a factor that has been largely ignored in the literature on Canadian productivity growth. A simplified growth accounting approach is utilized to estimate the reduction in labour productivity in Canada...