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Hot Topics in Economics

Manufacturers Need More Workers, Investment, to Take On U.S. Rebound

February 11, 2016

Jacqueline Palladini Jacqueline Palladini
Senior Economist

Originally published by Canadian Business on February 3, 2016.

With the loonie at lows not seen in a decade, and the U.S. recovery finally building steam, conditions seem ideal for a revival of Canada’s manufacturing exports. But after 15 years of struggling with increased competition, sluggish ...

Low Oil Prices: Good or Bad for the Global Economy?

February 09, 2016

Kip Beckman
Principal Economist
World Outlook

Lower oil prices normally mean stronger global growth, but these are not normal times. Some observers believe the collapse in oil prices could cause a global recession—a dramatic change from the past, when surging oil prices drove recessions. Production cuts by ...

Ottawa’s Pro Sports Facilities Follow the Real Estate

January 25, 2016

Brent DowDall
Senior Manager, Research and Business Development
Forecasting and Analysis

The number one contact sport in Ottawa has long been national politics—and probably always will be. However, for a quiet, government-centric town, Ottawa got a lot of noise from its sports franchises in 2015.

The NHL Senators, after ...

Economic Factors Behind Donald Trump’s Appeal

January 12, 2016

Kip Beckman
Principal Economist
World Outlook

Donald Trump’s surge to the top of the polls in the race for the 2016 Republican presidential nomination has shocked and dismayed many Americans—not least of all, members of the Republican Party establishment. Many Republicans anticipate an electoral rout if Trump does ...

Five Trade Game Changers for Canada in 2016

January 04, 2016

Danielle Goldfarb Danielle Goldfarb
Director
Global Commerce Centre

The trade game has changed for Canada. Over the past decade, the rapid economic growth of emerging markets, such as China’s, created a surge in demand for Canada’s natural resources and drove gains in Canadian exports and wealth. But now, the commodity ...

Moving People Will Be Key to Tap Into Highest-Value Services Markets

December 16, 2015

Jacqueline Palladini Jacqueline Palladini
Senior Economist

Canada is a part of the Trans-Pacific Partnership (TPP) trade agreement with 11 other nations in North and South America and Asia. The deal matters for many reasons, but one that gets less attention is how it could help Canadian companies sell their services abroad. Several ...

Could a Robot Take Your Job?

December 09, 2015

Kip Beckman
Principal Economist
World Outlook

Concerns about job losses due to technological change are mounting as positions that were considered to be safe from these changes are under pressure. In Australia, for instance, the mining company Rio Tinto uses self-driving trucks and automated drills that require far fewer ...

Naughty or Nice? How Will Canadian Consumers Treat Retailers?

November 24, 2015

Michael Burt
Director
Canadian Industrial Outlook

With the hype of “Black Friday” just a few days away, it is worth taking a look at the state of retailing in Canada. By any reasonable measure, 2015 has been a bad year for retailers. The headlines were punctuated by hundreds of ...

Read the 6,000-Page TPP Text … but Don’t Forget the Big Picture

November 06, 2015

Danielle Goldfarb Danielle Goldfarb
Director
Global Commerce Centre

Not 24 hours into the job, Canada’s new trade minister Chrystia Freeland was handed the full 6,000-page text of the Trans-Pacific Partnership (TPP). She has asked Canadians to become familiar with the deal and send in their comments.

The auto parts sector ...

Countries Need More Immigrants

November 04, 2015

Kip Beckman
Principal Economist
World Outlook

Anti-migrant sentiment is ramping up on both sides of the Atlantic, as some politicians appeal to deep-seated fears. Immigration has become a hot-button issue in the U.S. Republican Party for some of its presidential candidates. Most notably, Donald Trump is campaigning on ...

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