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Hot Topics in Economics

Nationalism Hasn’t Gone Away

June 22, 2017

Kip Beckman
Principal Economist
World Outlook

Western democracies breathed a huge sigh of relief following Emmanuel Macron’s victory over far-right and anti-euro candidate Marine Le Pen in the presidential elections in France last month. Combined with Dutch voters’ rejection of populist Geert Wilders, the French result quelled fears ...

Inadequate Savings—Not Trade Deals—Account for Much of U.S. Trade Deficit

April 28, 2017

Kip Beckman
Principal Economist
World Outlook

In the 1930s, the U.S. ran trade surpluses for almost the entire decade. Had Donald Trump been president at the time, this statistic would, presumably, have made him happy.

However, the trade surpluses in the 1930s were directly linked to the Great ...

Mexico: The Unluckiest Country of All

March 30, 2017

Kip Beckman
Principal Economist
World Outlook

The economist Raghuram Rajan, the former head of India’s central bank, after extensively researching economic development said “Development is a process of muddling through with no easy and well-trodden paths. It depends on a country taking advantage of fleeting opportunities, as well ...

Anti-Globalization: We Have Been Here Before

February 21, 2017

Kip Beckman
Principal Economist
World Outlook

Globalization generated sharp increases in wealth, thanks in part to rapidly expanding trade and the free movement of people across national borders. However, the gains from globalization were not shared equally. This growing disparity between the rich and poor (especially lower-income workers) ...

Keystone XL—A Trump Card or One Project Too Many?

January 27, 2017

Photo of Carlos Murillo
Industrial Economic Trends
Michael Burt
Canadian Industrial Outlook

In one of his first acts as U.S. president, Donald Trump signed an order reviving TransCanada’s Keystone XL pipeline project. This decision brings the number of major export pipeline projects under consideration to four, given ...

Assessing the Risks of a Trump Administration

January 20, 2017

Craig Alexander
Senior Vice-President and Chief Economist
The Conference Board of Canada

The election of Donald Trump has yet to change the trajectory of Canada’s economic outlook. However, it has greatly increased the risks to the four-year forecast.

The U.S. economy is faring relatively well at the moment, ...

Obstacles Aplenty in Trump’s Path to 4 Per Cent Economic Growth

January 12, 2017

Kip Beckman
Principal Economist
World Outlook

Economic growth in the U.S. has averaged around 2 per cent per year since the end of the 2008–09 recession—one of the slowest recoveries from a severe economic downturn ever. Donald Trump contends that this rate of growth is simply not good ...

What Will Cost Canadians More and Less in 2017

January 09, 2017

Craig Alexander Craig Alexander
Senior Vice-President and Chief Economist

The rate of inflation is projected to almost double this year, from a mere 1.0 per cent to close to 2 per cent next year—just shy of the Bank of Canada’s inflation target. However, the increase will still cost an average Canadian ...

Economic Performance Drives Rental Market

December 06, 2016

Robin Wiebe Robin Wiebe
Senior Economist, Centre for Municipal Studies

This week’s release of CMHC’s annual rental market data provides further clear illustration of the differing and shifting fortunes among this country’s regions. The numbers, based on a survey of landlords and property managers, reveal extremely tight rental markets in Toronto ...

Can Donald Trump Make the Rust Belt Great Again?

December 01, 2016

Kip Beckman
Principal Economist
World Outlook

During the U.S. election campaign, Donald Trump vowed to prevent Carrier Corp. from closing two factories in Indiana and moving 2,100 jobs to Mexico. Last week, Trump delivered—sort of. After promising during the election campaign to threaten the firm with a 35 ...

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