Canadian economy will stall in 2020

The next two years will probably bring feeble increases in GDP, in line with 2019’s uninspiring performance. Job creation is likely to decelerate

Canadian economy will stall in 2020As the clock winds down on 2019, it’s time to ponder what the coming year may have in store for the Canadian economy. To provide some context, 2019 hasn’t been a great year for the economy, with inflation-adjusted gross domestic product (GDP) expanding by around 1.6 per cent. This was less than growth in both…

Sluggish investment threatens Canada’s prosperity

The only way to raise living standards and incomes for Canadians is by building a more productive economy. Yet politicians are mum on the subject

Sluggish investment threatens Canada’s prosperityThe recent federal election campaign saw much discussion about climate change, energy policy, housing, the social safety net, and the well-being of the never-defined “middle class.” One subject that was ignored by both the media and those seeking office was productivity. That’s unfortunate and somewhat puzzling. After all, in the long term the only way…

Clean/green movement won’t transform the economy quickly

There are formidable technical and economic obstacles to replacing fossil fuels with other forms of energy

Clean/green movement won’t transform the economy quicklyWith the federal election fast approaching, we can expect to hear a lot about climate change, energy policy and how government can spur the development of a ‘low-carbon’ economy. These themes are central to the platforms of a number of the political parties contesting the election. The discussion of these topics takes place against the…

Canada well placed to meet world’s growing energy demands

Canada well placed to meet world’s growing energy demandsBy Jock Finlayson and Denise Mullen Business Council of British Columbia When an irresistible force meets an immovable object, conflict typically ensues. So it is with the world-wide effort to come to grips with the unprecedented challenges posed by climate change. While most countries – minus Donald Trump’s America – have notionally signed on to…
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