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Hot Topics in Economics

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 ...

Brazil the country of the future?

October 13, 2015

Kip Beckman
Principal Economist
World Outlook

Brazil has frequently been referred to as the “country of the future” due to its vast supply of natural resources and relatively young population. Unfortunately, the “Brazilian Miracle”—a term coined during the early 1970s when the country appeared to be on the ...

Wrapping Up the TPP: Beyond Dairy and Autos

October 01, 2015

Danielle  Goldfarb Danielle Goldfarb
Director
Global Commerce Centre

The Trans-Pacific Partnership (TPP) negotiations could wrap up this week. Headlines focus largely on the impact on Canada’s dairy and auto sectors. However, this will be a ground-breaking deal that goes far beyond dairy and autos. It is the most ambitious trade ...

China’s Rise on Hold?

September 14, 2015

Kip Beckman
Principal Economist
World Outlook

Economic news from China over the summer has shaken global financial markets and led to concerns about a global recession. In June and July, the Shanghai stock market tumbled by more than 30 per cent and required government intervention to prevent a complete ...

The Dreaded “R” Word? Not for Services!

September 03, 2015

Danielle  Goldfarb Danielle Goldfarb
Director
Global Commerce Centre
Jacqueline Palladini Jacqueline Palladini
Senior Economist

Tuesday’s Statistics Canada release confirmed that Canada did indeed experience a recession during the first half of the year. The energy sector was certainly hard hit by the sharp drop in oil prices. And the manufacturing of durables—including ...

Too Many Commodities ... Too Little Demand

August 28, 2015

Kip Beckman
Principal Research Associate
Economic Services

The world economy is awash in an excess supply of commodities that nobody wants to buy any more. This oversupply is hampering the ability of the global economy to return to the 3 per cent-plus growth rates we saw in the mid-2000s, before the ...

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