Economics

Flocking to the South this Winter? Canadian Snowbirds and the Dollar

With snow blanketing most parts of the country, many Canadians will be packing their bags heading to warmer locales in the U.S. Sunbelt. This annual winter getaway is not just a vacation; it is a [...]

Global Economy: Hovering Between Growth and Stagnation

Six years after the onset of the financial crisis, words like “mediocre”, “brittle”, “disappointing”, “sub-par” and “uneven” are used to describe the global economic recovery. British Prime [...]

The Diaspora Makes a Significant Contribution to International Development

Recently released data by the World Bank show that global remittance flows — the money international migrants send to their home countries to support their families and communities — will reach [...]

Canada’s Labour Market Sputtered in 2013

Did you know? Employment growth for 2013 as a whole was a mere 0.6 per cent, the slowest pace recorded since 2009. Employment gains were concentrated among men and women aged 55 and over. 95 per [...]

2014-15 Economic Outlook

Canada’s economy is on track to expand by 1.7 per cent in 2013, matching the previous year’s sluggish pace. Consumer spending and housing activity are proving more resilient than [...]

The March of the Robots

The global economy and the workplace are being reshaped by changes far greater in speed and scale than we have witnessed before. Workers are competing not only with workers in other countries, [...]

U.S. Economy Poised to Shift into Higher Gear

Four years after the end of the recession, the U.S. economic recovery remains slow, particularly relative to all other postwar-era recoveries in the United States. Real gross domestic product [...]

A Competitive Tax Regime

In a highly integrated global economy, skilled workers, businesses and capital move easily across national borders, seeking the best economic opportunities. In response, many countries have [...]

Reevaluating Canada’s International Trade

Did you know? Canadian exports rely intensely on imported inputs. Services comprise a larger share of Canada’s exports than our trade statistics suggest. Canada is less dependent on the [...]

Inflation Report

May 17 – Canada’s annual inflation rate fell to 0.4% in April from 1.0% in March due largely to a steep decline in the price of gasoline (-6.0% from a year ago). Prices for clothing [...]

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