Quebec and the Riot Index

The Quebec government is now at it’s second impasse in negotiations with students over tuitionĀ  hikes. The Quebec government, which is mired in $159 billion in debt (up from $99 billion in 2004), is attempting to make spending cuts and generate new revenues wherever it can. The proposed 75% increase in tuition that would have… Read More

Canada Staved Off 4th Quarter Contraction

With most economic indicators in for December, it appears that Canada’s economy experienced positive but modest growth in the 4th quarter. Canada’s soaring trade balance kept Canada’s economy from shrinking as the Canadian consumer began to ease spending. Overall, low interest rates supported continued new building in both the residential and private sectors. As for… Read More

The Economic Impact of the Canada-U.S. Border

Make no mistake, lowering the barriers to trade between the Canadian and American borders could bring huge economic gains for Canada. As it stands, trade between Canada and the U.S. is far below its potential level. Although NAFTA eliminated a huge swath of tariffs and duties, other barriers to trade remain. The border between Canada… Read More

For Now, Global Turmoil will not Phase Canada’s Economy

Canada’s economy has avoided the effects of global financial turmoil thanks to a hot housing market and the end of some temporary economic shocks. GDP is set to have its strongest quarter since the fourth quarter of 2010, offsetting the temporary weakness from the second quarter. Growth in July and August was quite solid, and… Read More