GDP is key to macroeconomics, yet different ways of defining and measuring GDP have particular purposes. This paper examines how total GDP can be conceptualized, dissected and studied and how these improve our analysis and understanding of the sources of economic growth. While each approach is...

Canadian provinces have parted ways when it comes to their share of public- versus private-sector investment, according to a new C.D. Howe Institute report. In “The Public Purse versus Private Wallets: Comparing Provincial Approaches to Investing in Economic Growth,” author Philip Cross,...