Canada has been simultaneously decentralizing and centralizing since the 1970s, becoming more decentralized at the federal-provincial level and more centralized at the provincial-local level.
Russia’s economy may generate massive natural resource wealth from its exports, but on a per capita basis, it has an income on par with China and is far behind G7 nations.
A long view of Canada’s inflationary trends shows that while the current surge is a divergence from recent decades, over a longer time horizon it is not an outlier.
To close out the year, we’ve asked our contributors and staff to make a prediction about 2022. You would think, at least since the early days of 2020, that we’d…
A clear risk is that the operations of the Bank of Canada will become politicized.
While total health spending is up, there was a reduction in some aspects of health service provision and health spending during the pandemic.
Any hopes that China would become as lucrative a market as the United States with its own special relationship have been dashed by the hard lesson that China has no special relationships beyond those that serve China.
China’s economic performance is not as robust as many would like to think and its bravado on the international stage is likely to backfire. Despite the seeming strength of China’s economic rise, its position remains fragile.
Federal-provincial negotiations can be acrimonious but that they occur is a testament to the strength of the federal system rather than a weakness. It is only when everyone stops talking that should there be real concern as to the future and stability of Canadian federalism.
Canada has seen the wealth share of the top 10 percent decline while that of the next 40 percent has increased. What is truly remarkable is how poorly the bottom 50 percent have done over time, with their share remaining practically constant at under 10 percent.
