If firms don’t collude, and there are lots of them around, wages will rise until they’re equal to worker productivity.
Other Topics
Statistics Canada’s latest survey on investment intentions for 2018 found that private-sector investment is slated to fall again this year.
Where there’s hunger, it’s typically due to politics, not because the global food supply is depleted.
Ontario’s housing plan limits rent increases to 1.5 per cent annually.
Without the OMB as a scapegoat, councillors must now make tough decisions themselves.
Ontario and Alberta are projecting budget deficits for years to come.
The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.
Private-sector investment in factories and other structures down more than 23 per cent.
For smaller countries, access to the U.S. market is a major prize.
Overspending in the United States causes market forces to appreciate the dollar exchange rate.
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