Forecasts project a -5.1 per cent decline in the province's GDP.
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Such implicit or explicit assumptions invariably lead to unintended consequences.
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.
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