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Understanding the Prosperity Gap between Australia and Canada

Understanding the Prosperity Gap between Australia and Canada finds that from roughly the early 1950s to 2008, Canadians enjoyed a higher standard of living (as measured by per-person GDP, after adjusting for inflation) than Australians—but that advantage has been reversed since 2009 due in part to diverging levels of business investment.

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Four Myths about Economic Diversification in Alberta

Four Myths about economic diversification in Alberta is a new study that finds despite misperceptions, oil and gas production in the province does not dominate economic activity or employment in Alberta to the point that the provincial economy is notably less diversified than other provinces. In fact, with respect to employment, Alberta’s was the most diversified provincial economy in Canada in 2020.

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This International Women’s Day, a new essay series examines the lives and ideas of women who helped shape the free and prosperous societies we enjoy today.

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Is Canada’s Net-Zero Emissions Accountability Act a Parliamentary Placebo?

Is Canada’s Net-Zero Emissions Accountability Act a Parliamentary Placebo? contends that the new federal "net-zero" law is unnecessary, not legally-binding, and potentially very costly for Canadians.

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Ottawa’s Pattern of Excessive Spending and Persistent Deficits

Ottawa’s Pattern of Excessive Spending and Persistent Deficits is a new study that finds between 2015/16 and 2019/20, the federal government ran five consecutive deficits, causing the federal debt to rise by $112.2 billion—all prior to the COVID-19 pandemic, weakening federal finances as Canada headed into it.

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Essential Women of Liberty: Deirdre McCloskey

The essay, part of the Essential Women of Liberty series, spotlights Deirdre McCloskey whose humanistic view of economics has fundamentally changed the way economists approach their profession.

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A $40 Billion Settlement for Indigenous Child Welfare: Is Anyone Minding the Fiscal Store?

A $40 Billion Settlement for Indigenous Child Welfare finds that Ottawa’s recent $40 billion settlement of a First Nations class action lawsuit will likely encourage more organizations and individuals to seek large settlements from governments across the country.