March 11, 2011

How Will Japan’s Earthquake Affect Canada?

The earthquake, which registered 8.9 on the Richter scale, is the largest to hit Japan in at least 140 years, although the overall ramifications are still very much uncertain and will depend critically on any tsunami-related damages in the Pacific Basin.

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March 11, 2011

Cool Heads Must Prevail

Yesterday in St. Thomas, Ontario, and the end of my economic outlook presentation, I said that while we have no idea what natural disasters might befall us, the U.S. and Canada are likely to straddle 3% growth this year and next.

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March 10, 2011

Canada’s Disturbing Productivity Performance

While we were cautiously optimistic about the economic outlook at the turn of the year, we now believe the odds have increased for a self-sustaining expansion in North America through this year and next despite the recent surge in commodity prices.

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March 2, 2011

Canada Must Diversify its Export Basket

A recent analysis published in the Wall Street Journal highlighted the shifting sands of America’s trading patterns.

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February 28, 2011

Union Backlash to Government Deficit Reduction Plans

State and local government budget worries are at the top of the news these days. Q4 GDP growth was revised down, in part, because of weakness in state and local government spending, which fell 2.4% as yawning deficits pinched budgets.

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January 12, 2011

Fiscal Austerity Winds Blow

Canada’s provincial and federal governments will be confronted this budget season with the same dilemmas facing most industrialized economies.

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