Despite the dismal state of federal finances, the speech did not include the terms “deficit” or “debt."
According to most models of labour supply, the growth of Canada’s labour force will slow over the coming decades.
Supply chains involve countless firms across the globe that contribute to the production and sale of goods.
In August, the price of meat increased by 6.9 per cent.
Inflation peaked at 14 per cent in Canada and the U.S.
Divergences between expected inflation and actual inflation contribute to economic inefficiencies that harm economic growth.
The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.
Provincial Finance Minister Charles Sousa tells an upbeat story about a booming Ontario, but reality is more complicated. The province’s finances remain a mess.
In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.