Philip Cross

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Senior Fellow, Fraser Institute

Philip Cross spent 36 years at Statistics Canada, the last few years as its Chief Economic Analyst. He wrote Statistics Canada's monthly assessment of the economy for years, as well as many feature articles for the Canadian Economic Observer. After leaving Statistics Canada, he worked for the Macdonald-Laurier Institute. He has been widely-quoted over the years, and now writes a bi-weekly column for the National Post and other papers.

Recent Research by Philip Cross

What is Behind Canada’s Growth Crisis?

— Jul 11, 2023

What is Behind Canada’s Growth Crisis? finds that Canada’s per-person GDP, a common measure of prosperity, is growing at its slowest rate since the 1930s and the Great Depression.

Canada’s Fiscal Policy Has Undermined Efforts to Tackle Inflation

— Apr 6, 2023

Canada’s Fiscal Policy Has Undermined Efforts to Tackle Inflation finds that the federal government’s decision to increase already high levels of spending and continued budget deficits will hinder the Bank of Canada’s efforts to tame inflation.

Do Budget Deficits Matter? Essays on the Implications of Government Deficits and Debt

— Jun 8, 2022

Low Interest Rates and the Cost of Government Debt and Canada’s Budget and Deficit Cuts in the Late 20th Century: An Amazing Success Story are the latest installments in an essay series on government deficits that emphasize the risks of higher interest costs on government debt, and note the similarities between today’s federal fiscal situation and the mid-1990s when interest costs consumed one of every three dollars of government revenue. At that time, the government enacted major reforms—including spending reductions—to help dramatically reduce the federal debt.