Canada Gdp

Get Set for the Next Round of Rate Tightening

Peter Hall | Posted 02.26.2014 | Canada Business
Peter Hall

After three-and-a-half years of ho-hum on this front, there is renewed interest in interest rates: where they are going, how fast, and what we need to do to be prepared, if change is indeed in the wind. A lot of the talk is related to another 'up' that scares us: inflation. Talk of rising interest rates is very good news, since it strongly suggests higher confidence in near-future growth.

Measuring Progress with GDP Is a Gross Mistake

David Suzuki | Posted 02.26.2014 | Canada Business
David Suzuki

Governments, media and much of the public are preoccupied with the economy. That means demands such as those for recognition of First Nations treaty rights and environmental protection are often seen as impediments to the goal of maintaining economic growth. The gross domestic product has become a sacred indicator of well-being. Ask corporate CEOs and politicians how they did last year and they'll refer to the rise or fall of the GDP. It's a strange way to measure either economic or social well-being. Whatever we come up with, it has to be better than GDP with its absurd emphasis on endless growth on a finite planet.

Business Investment: A Sleeping Giant Awakens?

Peter Hall | Posted 03.24.2014 | Canada Business
Peter Hall

Investment has been quiet -- almost asleep -- for an inordinate spell. Is it on the way back? A sleeping giant may be on the verge of awakening. When this one does rouse, it's likely to do so in a hurry. Those who are armed and ready to supply business quickly with the machinery and equipment it needs stand to win big in the next cycle.

Development: Time To Leave GDP Behind

Nature | Posted 01.25.2014 | Canada Business

Robert F. Kennedy once said that a country's gross domestic product (GDP) measures “everything except that which makes life worthwhile”. The metri...

It's Time to Turn Away From the God of Economic Growth

Carl Duivenvoorden | Posted 01.23.2014 | Canada
Carl Duivenvoorden

But there's a particular god our planet has been worshipping since WWII, and there are many reasons to suggest it's time for a serious rethink. The god is "growth", specifically economic growth and the way we measure it: GDP (Gross Domestic Product).

U.S. To Outgrow Canada For Years

The Huffington Post Canada | Daniel Tencer | Posted 01.25.2014 | Canada Business

So much for Canada’s economic miracle. After years of stagnation, the U.S. economy is set to outgrow Canada’s for at least the next two years, ...

A Sliver Of Good Economic News

CP | Julian Beltrame, The Canadian Press | Posted 11.30.2013 | Canada Business

OTTAWA - Canada's economy had one of the best months in years in July, rebounding strongly from a June swoon and putting it back on the path of modera...

Think Harper Doesn't Raise Taxes? That's What He Wants You to Think

Ralph Goodale | Posted 11.23.2013 | Canada Politics
Ralph Goodale

A government's claims of economic competence must surely depend upon a sound record in certain crucial areas -- such as economic growth, debt reduction, balanced budgets and management of the tax burden. On all four counts, the Harper regime is a serious disappointment. As for taxes, that's where Mr. Harper brags the most. But check reality! While claiming they never raise taxes, the Harper Conservatives have in fact increased the net tax burden on Canadians in each of their last four budgets. It happens in dozens of nefarious ways which they hope you won't notice.

Canada's Economy: Now With More Shrinkage

CP | Julian Beltrame, The Canadian Press | Posted 10.30.2013 | Canada Business

OTTAWA - The economy swooned in June as the twin shocks of damaging floods in Alberta and a construction strike in Quebec led to the biggest monthly o...

Did Canada Really Outperform U.S. In Great Recession? Maybe Not..

The Huffington Post Canada | Daniel Tencer | Posted 08.06.2013 | Canada Business

Canadians have spent a fair bit of time patting themselves on the back about the country’s economic performance coming out of the Great Recession of...

We Grew! (A Bit)

CP | Julian Beltrame, The Canadian Press | Posted 09.30.2013 | Canada Business

OTTAWA - A steep drop in oilsands activity restricted Canada's economy to a disappointing 0.2 per cent advance in May, diminishing prospects for what ...

Policy Will Drag on Economic Growth, But Not For Long

Peter Hall | Posted 09.23.2013 | Canada Business
Peter Hall

The bottom line? Fiscal policy is already a drag on growth, and will be, but perhaps not for as long as many now believe, given the speed with which fiscal dynamics can flip around. Monetary policy is generally expected to tighten, but in a way that does not undermine, but rather lend support to nascent economic growth.

Climate Change Narratives Must Speak to the Public

Sangita Iyer | Posted 08.31.2013 | Canada Politics
Sangita Iyer

Unfortunately, extreme weather events are becoming all too common, as they turn out to be more frequent and furious than ever before. Environmental advocates are quick to point out the "teachable moments" by linking the drastic weather patterns to climate change. However, they need to walk the fine line to ensure that they don't come across as overzealous or self-righteous in their attempts to spur public engagement, as this could turn people off and thwart even their most sincere and genuine efforts.

The World's Highest Potential Resource is Not What You Think

G(irls)20 | Posted 08.14.2013 | Canada

2013-06-12-blog_girls_20_summit_v01A.png When we talk about natural resources that can drive economic benefit the conversation usually turns to gas and minerals, or sun and wind. What if I were to tell you that the world's most underutilized and highest potential resource is all around us? She may be standing next to you, she may be in a village far away, she may even be you.

U.S. Economy To Outpace Canada's: OECD

CP | The Canadian Press | Posted 07.29.2013 | Canada Business

OTTAWA - The OECD has reduced its estimates for Canadian economic growth this year and next.The Organization for Economic Co-operation and Development...

Why We Can't Afford to Spend Our Country Out of Debt

Doug O. Jones | Posted 06.30.2013 | Canada
Doug O. Jones

With GDP forecast to grow by a mere 1.6 per cent this year, our governments (both provincial and federal) need consumers to keep on spending to prop up the economy. They need this while they, themselves, are struggling with ballooning deficits and debt loads.

Guess What's Leading Canada's Economic Growth

CP | The Canadian Press | Posted 05.28.2013 | Canada Business

OTTAWA - The manufacturing sector helped drive the Canadian economy's return to better than expected growth in January after ending 2012 with a mild c...

Canadian Economy Actually Lagging U.S.

CP | The Canadian Press | Posted 05.28.2013 | Canada Business

PARIS - A leading international economy body says the global economy is beginning to rebound, but Canada is lagging several other members of the Group...

Economy Barely Growing

CP | Julian Beltrame, The Canadian Press | Posted 05.01.2013 | Canada Business

OTTAWA - The federal government will attempt to make up for the weaker economy by doubling down on spending cuts in hopes of balancing the budget in t...

The Higher the GDP, the Unhappier the Country

Sangita Iyer | Posted 04.07.2013 | Canada Business
Sangita Iyer

As it turns out, countries with low GDP ranked high in the HPI and had smaller eco-footprints compared with nations with high GDP that ranked low in the HPI and had larger eco-footprints per capita. Evidently material wealth does not equate with happiness, but instead creates more waste and pollution.

Canada's Economy Posts Surprise Results

CP | Hugh McKenna, The Canadian Press | Posted 04.02.2013 | Canada Business

TORONTO - Canadian economy grew slightly more than expected in November, bolstered by major industrial sectors, but the report from Statistics Canada ...

BoC Expected To Announce It Will Leave Interest Rates Unchanged

CP | Malcolm Morrison, The Canadian Press | Posted 02.01.2013 | Canada Business

TORONTO - The Bank of Canada is expected to announce this week that it is leaving interest rates unchanged and continue to give the impression that it...

U.S. Economy Growing At Five Times The Rate Of Canada

The Huffington Post Canada | Daniel Tencer | Posted 12.01.2012 | Canada Business

Canadians have been patting themselves on the back in recent years over the country’s economic resilience in the wake of the financial crisis, but i...

Canada's Economy Dead In The Water

CP | Posted 11.30.2012 | Canada Business

OTTAWA — Canada's economy has hit stall speed with few areas of strong support, setting back any talk of interest rates hikes in the new year and li...

Good Luck Mark Carney, You'll Need It

Andrew Pyle | Posted 01.26.2013 | Canada Business
Andrew Pyle

Today the UK chancellor announced that the head role at the Bank of England would go to none other than the current Bank of Canada Governor, Mark Carney. The bet is that Carney can wave the same magic wand for the UK, though it's going to take more than a doctorate from Oxford to overcome the relatively larger challenges facing that country versus Canada, with its proximity to a troubled Eurozone.