At first glance, Canada ranks among the top third of countries for its work in addressing child poverty. But that isn’t the whole story. Based on current rates of and overall progress in reducing child poverty, the latest UNICEF report card ranks Canada 11th out of 39 of the world’s wealthiest countries. Initially, it seems […]
Canadians are losing faith in the economy — and it’s affecting their perception of inequality
Nearly half of Canadian workers feel as though the economic conditions in Canada are “poor,” according to our survey of 2,500 Canadian workers in September of 2023. And another 38 per cent said they believed economic conditions are “only fair.” These findings are unsurprising, given the poor state of the Canadian economy and the growing […]
A provincial sales tax is the solution to Alberta’s fiscal roller-coaster
With a new Alberta premier taking office in October and a general election required by the end of May 2023, fiscal policy may become a wedge issue between Alberta’s United Conservative Party and the NDP. A key issue for analysts who study Alberta’s finances is the erratic behaviour of the province’s revenue stream, which is […]
What you need to know about inflation
Inflation is one of the most pressing political and economic issues of the moment, but there are many misconceptions about how inflation is measured, where it comes from and how it impacts the average person. In June, inflation in Canada reached a 40-year high of 8.1 per cent. While there are signs inflation may be […]
6 ways Canadians can prepare for the upcoming recession
Although it certainly feels like it, and many people believe it, we are not in a recession yet. While a recession is defined as two successive quarters of negative GDP growth, it is essentially a period where economic growth falls significantly and unemployment rates rise. Given the lack of a precise definition, there is not […]