Canadian Press writes, “Mr. Mulcair’s analysis of what ails Canada’s economy is contradicted by a new independent study produced by the Institute for Research on Public Policy.” Really? What does the study conclude? As quoted by Canadian Press, “On balance, the evidence indicates that Canada suffers from a mild case of the Dutch disease, which [...]

Premier Brad Wall was Tweeting about today’s Statistics Canada report of an uptick in national manufacturing sales in March. It is an odd report for him to trumpet, given that it found a decline in Saskatchewan’s manufacturing sales that month. Ano…

The high-and-mighty vitriol which greeted Tom Mulcair’s comments last week about the downside of oil-powered currency appreciation is lamentable (repeating the over-the-top reaction to Dalton McGuinty’s similar comments a few weeks ago). Mulcair made t…

Postmedia has posted Michael Den Tandt’s latest column, which will presumably appear in print tomorrow. He presents recent comments about Dutch disease as a departure from Tom Mulcair’s previous position: . . . when Tom Mulcair was driving hard to become leader of the New Democrats, he took polite but pointed issue with his party’s [...]

Great post by Erin Weir – The Progressive Economics Forum: “Mulcair has articulated a balanced approach to resource development that would generate more public revenue, a more competitive exchange rate, and more manufacturing jobs. Saskatc…

Great post by Erin Weir – The Progressive Economics Forum:

“Mulcair has articulated a balanced approach to resource development that
would generate more public revenue, a more competitive exchange rate,
and more manufacturing jobs. Saskatchewan is …

I have the following op-ed in today’s Saskatoon StarPhoenix: Royalty hike cure for Dutch disease Premier Brad Wall calls federal NDP Leader Tom Mulcair “very, very divisive” for expressing concern that Canada’s overvalued petro-dollar is eliminating manufacturing jobs. In reality, Wall is being divisive by exploiting this legitimate concern to fan the flames of western [...]

This and that for your Thursday reading.- Jim Stanford sets the record straight as to how Canada’s manufacturing sector has eroded over the past couple of decades:(T)echnology can explain some of the job loss, but not most of it. It certainly cannot e…

Stephen Gordon considers the question of Dutch Disease.
The appreciating Canadian dollar has little…

Thomas Mulcair worries that we’re suffering from Dutch Disease.
NDP leader Thomas Mulcair said…

Statistics Canada reported today that the economy shrank in February, driven by declines in resource extraction and manufacturing. Oil and gas extraction as well as hard-rock mining decreased due to temporary shutdowns. However, the most dramatic decline was in potash production, down 19% due to mine closures in Saskatchewan. The provincial government, which is budgeting [...]

The first baseball bat I ever owned was a black Louisville Slugger. It had white tape wrapped around the handle for grip. When I started playing organized ball, and aluminum bats became an option, I didn’t look back. Why would … Continue reading →

My recent column suggested that Canada implement a “Buy Canadian” strategy associated with major natural resource developments, with the goal of enhancing Canadian content in the overall value chain. Can we utilize our strong foothold in resource extra…

How refreshing it was to open Monday’s Globe and Mail and actually see good news from the Canadian manufacturing heartland. Greg Keenan reported on the expansion of Hitachi’s factory in Guelph, Ont., that makes enormous trucks for mining operations; th…

I thought I had been reading Jim’s posts carefully enough, but I was still kind of stunned when I did a quick stat check to respond  to a comment on my earlier post on globalization and unions. In 2000, manufacturing output (in constant 2002 dollar terms) amounted to $188.9 Billion. In 2010, manufacturing output amounted [...]

The following note also appears on Business Insider. I owe Paul Tulloch a hat tip for reminding me of these issues in a good comment on my last post. When Ontario’s Premier recently complained that Canada’s petro-dollar undermines manufacturing exports, many economists tripped over each other to counter that a strong loonie benefits all Canadians [...]

The Month: Christmas Gift Canada’s economy was buoyed by Christmas cheer as a December bounce more than offset slight declines in October and November to turn the fourth quarter positive. Unfortunately, one month does not make a trend. The key question is whether December’s strength continued into the New Year or whether economic activity reverted [...]

Some of the biggest CEOs in Canada come together for the Walmart Green Student Challenge. I took this rare opportunity to ask them: Where is sustainability going for Canadian industries? Walmart, Coca-Cola, and Unilever already share best practices fo…

Bankers, financiers, capital markets lawyers, investors and economists — people supposedly in the know — routinely make the argument that the United States is more resilient, flexible and adaptable than any other major country in the world. America i…

An interesting nugget in last week’s Drummond report is Table 11.1, an updated version of Table 2 from “Ontario’s Tax Plan for Jobs and Growth” (2009). It provides a sectoral breakdown of the McGuinty government’s recent business tax breaks: HST input tax credits, cutting the corporate income tax, and eliminating the corporate capital tax. The [...]