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Hot Topics in Economics

To Diversify Alberta’s Economy, Start With Fiscal Policy

July 20, 2015

Pedro Antunes Pedro Antunes
Deputy Chief Economist and Executive Director
Forecasting and Analysis

Alberta’s economy is getting hit hard this year—we’re expecting a decline in economic activity and a softening in labour markets. Given the collapse in oil prices and severe cutbacks in energy-related capital spending budgets, a recession in ...

Does Iceland’s Experience Offer a Ray of Hope for Greece?

July 14, 2015

Kip Beckman
Principal Research Associate
Economic Services

Greece appears to be in deep economic trouble no matter what it decides to do—it faces years of weak growth and high unemployment, whether or not its stays in the euro. All may not be lost, however. The New York Times noted ...

Recession Talk More Complex Than a Yes or No Answer

July 10, 2015

Glen Hodgson Glen Hodgson

Senior Vice-President and Chief Economist
Forecasting and Analysis

Pedro Antunes Pedro Antunes
Deputy Chief Economist and Executive Director
Forecasting and Analysis

A debate has broken out on whether or not Canada is now in an official recession (generally defined as two consecutive quarters of contraction). Starting among ...

TPP Is Key for a Services Superpower Like Canada

July 02, 2015

Danielle  Goldfarb
Danielle Goldfarb

Associate Director
Global Commerce Centre

Jacqueline Palladini Jacqueline Palladini
Senior Economist

Canadians generally perceive themselves as natural resource exporters, but that perception is stale-dated—notwithstanding the prominent role played by the energy sector and other resource industries over the past decade. From insurance to health care, four out of five Canadians ...

Oil Prices on the Mend … But Can It Last?

July 02, 2015

Kip Beckman
Principal Research Associate
Economic Services

World oil prices have made a comeback from the low $40 per barrel mark in March, to around $60 in June. This is welcome news for Canada’s oil industry, where many drillers can’t survive on prices below $50 per barrel and will still struggle ...


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