The global economic lockdown implemented to contain the Covid-19 virus has caused the most severe economic downturn in Canada since the Great Depression in the 1930s. The cumulative output loss could easily amount to 15 percent of GDP by 2023 and could continue to grow for years thereafter. So far, the government policy response has, […]

Sustained rapid economic growth following the Second World War meant that it was expected that successive generations of Canadians would achieve a higher standard of living that the previous one. It is a reflection of how ingrained pessimism about economic growth has become among both young and old  that they have come to believe that […]

I recently appeared (July 26), with Dr. Laura Dawson, Director of the Canada Institute at the Wilson Center (and a member of the CGAI Advisory Council), before the Commonwealth Parliamentary Association’s Canadian Regional Conference in Ottawa to speak on Canada’s current trade situation. The CPA membership consists of federal, provincial and territorial legislators. Below are my consolidated remarks.   Constructive powers like […]