Canada’s debt is piling up again
Our ability to deal with the economic effects of COVID-19 is really a fiscal dividend from the actions of earlier governments
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Author: Livio Di Matteo
Slow economic growth is the new normal
Unnaturally high growth rates were driven by post-war reconstruction, the baby boom and rising female labour force participation
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Two fiscal statements, a common debt problem
The federal and Ontario governments need to present deficit-reduction plans with a credible target dates now
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Government debt will worsen the next recession
Governments around the world will go into the next recession with fewer economic management tools at their disposal
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New trade deal increases American sway over Canada
The purpose of the USMCA is to first promote the economic and trade interests of the U.S. within North America
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Trade, deficit reduction and tax reform critical as recession looms
The federal government must act quickly on 3 fronts if it is to head off economic disaster
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Canada needs to become more densely populated
We need a larger internal market that would create economies of scale and further economic productivity growth
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Resolving Canada’s trade quagmire in the age of Trump
We must make a major concession to protect the auto sector and that may mean phasing out our farm supply management system
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Ontario needs to get cracking to clean up its finances
A variety of factors – from uncertain economic conditions to higher public spending – threaten to push Ontario further into debt
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Concerns over household debt in Canada are overblown
The drop in interest rates has been so significant that the interest burden of servicing debt has declined as a share of income, despite growing household debt
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