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St. Lawrence Seaway strike stalls road salt, wheat, steel cargo as winter closing nears

In the News   |   October 24, 2023

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A strike by unionized workers on the St. Lawrence Seaway has halted shipments of road salt, Western wheat and steel products amid the yearly rush to move the grain harvest and other key commodities ahead... read more

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Economics lessons will pay life-long dividends to understand how any marketplace works

Articles of Interest   |   September 19, 2023

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As a new flock of first-year Canadian university students settles into life on campus, many are receiving their first serious exposure to the study of economics. Some will find it exhilarating. Some will find it... read more

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Ottawa pledges to overhaul competition rules, spur rental-housing construction in bid to tackle affordability crisis

In the News   |   September 15, 2023

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The federal government plans to strengthen competition laws, cut the GST from new home rental construction and push grocery chains to stabilize prices or face consequences, in a wide-reaching effort to address the rising cost... read more

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Do Canada’s governments spend too much? Or tax too little?

In the News   |   June 13, 2023

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There is so much in Canada that needs fixing. The health care system, once our national pride, now comes in various shades of broken. In Toronto, an underfunded Toronto Transit Commission, once North America’s model transit agency, has reduced... read more

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Four-day workweek? With Canada’s low productivity, we may need six-day workweeks

In the News   |   May 18, 2023

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It wasn’t long ago that researchers – including us – were discussing the real possibility of moving to a four-day workweek. But to achieve a reduction in the workweek, while maintaining or even increasing material living standards (as... read more

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Diplomatic expulsions give Canada new cause to steer away from China on trade policy, experts say

In the News   |   May 10, 2023

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Christian missionaries from Canada laid some of the first building blocks of this country’s relations with China, creating schools and hospitals there more than a century ago. Canada’s first ambassador to communist China was born in... read more

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PSAC agreement sets stage for other unions to push for more

In the News   |   May 3, 2023

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The labour deal that ended a historic strike by federal government employees is expected to serve as a catalyst for workers across Canada to push for higher wages in an inflationary environment. The Public Service Alliance... read more

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Canada’s inflation rate eases by most since early in the pandemic, but grocery costs still rising fast

In the News   |   March 22, 2023

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Canada’s annual inflation rate fell to 5.2 per cent in February, the biggest drop since the early stages of the pandemic, although grocery prices are still climbing by more than 10 per cent. Financial analysts had been... read more

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Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story

In the News   |   November 23, 2022

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The downtowns of most major Canadian cities are still facing a substantial dip in foot traffic compared with prepandemic norms – but the opposite is true of smaller towns and suburbs within commutable distance of... read more

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PM aims to give inflation relief to low-income Canadians with $4.6-billion package

In the News   |   September 14, 2022

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Prime Minister Justin Trudeau has announced a $4.6-billion package of income-tested measures aimed at helping Canadians struggling with higher costs of living, at the same time insisting that the injection of new cash into the... read more

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The U.S. Senate just passed a historic climate bill. What you need to know about the Inflation Reduction Act

In the News   |   August 11, 2022

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After months of negotiations, the U.S. Senate passed new legislation focused on reducing carbon emissions and steering consumers toward green energy. The US$430-billion bill represents the country’s largest single investment to combat climate change, earmarking... read more

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What is stagflation, and does it lead to a recession? What you need to know as global economic worries grow

In the News   |   June 20, 2022

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The world economy is being hammered on all sides. Russia’s invasion of Ukraine, soaring inflation and rising interest rates are weighing on global growth and pushing many countries towards recession. That’s reviving concerns about “stagflation” – a noxious combination of... read more

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As high inflation lingers, retailers brace for a tapped-out consumer

In the News   |   June 10, 2022

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If flirty dresses and bright colours were signs of a strong economy, you might think consumers are on to the next spending spree. After months of a lockdown-related boom in loungewear, more formal attire is... read more

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Fake meat was touted as the ‘future of food.’ Why did it fail to deliver?

In the News   |   May 30, 2022

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Plant-based proteins and other ‘meat analogues’ seemed an ideal solution to much of the world’s food sustainability problems, but producers like Beyond Meat are facing hurdles with consumers and investors. Late last year, Michael McCain... read more

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What does inflation mean for the cost of living and everyday goods in Canada? Here’s what you need to know

Articles of Interest   |   May 24, 2022

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Canada’s inflation rate hit a 31-year-high in April as prices continue to rise from the grocery store to the gas station. But what, exactly, is inflation and how long will it remain at record highs?... read more

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