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Hot Topics in Economics

Are E-Retailers Responsible for Inflation’s Demise?

October 16, 2017

Kip Beckman
Principal Economist
World Outlook

Labour markets have been tightening sharply in the United States and Canada. The unemployment rate in the U.S. is well below 5 per cent, while in Canada the rate is quickly approaching 6 per cent. Generally, this development leads to rising inflation, as employers ...

Why Is Canada Rich While Other Countries Are So Poor?

September 22, 2017

Kip Beckman
Principal Economist
World Outlook

The celebration of Canada’s 150th birthday was a time for Canadians to reflect on how lucky we are to live in a wealthy country. There were certainly no guarantees way back in the 19th century that Canada would develop into a rich country. For ...

5G Networks—The Future is Here!

August 14, 2017

Kristelle Audet Kristelle Audet
Senior Economist
Canadian Industrial Outlook

Momentum is clearly building around the future deployment of 5G networks in North America. 5G will be essential in order for Internet of Things (IoT) applications and self-driving cars to become mainstream. It may also unlock significant growth potential for the ...

There’s a Buzz in the Air and Yes, It Is Electric…

August 10, 2017

Photo of Carlos Murillo
Economist
Industrial Economic Trends

It’s been a scorching summer in Alberta, with temperatures consistently above the 30-degree mark during the last few weeks. While not everyone across Canada is lucky enough to enjoy this weather, the high temperatures bring with them a useful reminder (aside from ...

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
Economist
Industrial Economic Trends
Michael Burt
Director
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, ...

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