Hongkongers have enjoyed the highest level of personal freedom in the world, according to the Human Freedom Index.
A large government debt burden can negatively affect economic growth.
The Horgan government raised the province’s minimum wage to $14.60.
RBC forecasts an $800 million provincial deficit this year, Scotiabank forecasts $970 million.
Alesina specifically noted the experience of Canada in the mid-1990s.
Since the 2008-2009 financial crisis, central banks in Canada and elsewhere have pursued quantitative easing.
F.I. experts weigh in on how the COVID-19 pandemic and recession might change Canada permanently.
According to forecasts, Canadian economic growth for 2020 will shrink by more than 12 per cent.
The Trudeau government raised the top federal income tax rate from 29 per cent to 33 per cent.
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