Canada

Canada Takes a New Approach to Technology-Based Economic Development

Canada Takes a New Approach to Technology-Based Economic Development

This according to the State Science and Technology Institute: On December 4, the Canadian government revealed their national Science and Technology (S&T) Strategy – Seizing Canada’s Moment: Moving Forward in Science, Technology and Innovation 2014.  An update to the original report released in 2007, the S&T strategy identifies five priority research areas for federal support […]

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Generational Conflict in Canada:  Older Workers Pushing Young Out of Part-time Jobs

Generational Conflict in Canada: Older Workers Pushing Young Out of Part-time Jobs

Another consequence of an aging population and a jobless recovery, this time in Canada.  Toronto’s Globe and Mail has the story: “While Canada’s unemployment rate is well off its recession highs, the quality of new jobs has left much to be desired,” CIBC chief economist Avery Shenfeld says in the analysis, released Thursday. “Manufacturing has […]

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Is Canada Drinking the Austerity Kool Aid?

Is Canada Drinking the Austerity Kool Aid?

Thus far, our stolid  neighbor to the north has managed to avoid the worst of the global crisis, thanks to a common-sense moderation that is almost tedious to observe.  They didn’t go in for massive bank deregulation, they have a pretty high-functioning health care system, the list goes on and on. But now there are […]

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The Big Boxes Look North:  Bad News for US?

The Big Boxes Look North: Bad News for US?

Retail Traffic reports that, from Nordstrom to Big Lots, big box retailers are increasingly looking to Canada for new investment opportunities.  The rationale should raise a big red flag for US policy makers: Canada’s banking system did not experience the same convulsions that rippled through Wall Street in 2008 and 2009. Its unemployment rate—at 7.4 […]

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Mixed News for 2 US Trading Partners

Mixed News for 2 US Trading Partners

As the effects of the Great Recession linger, they weigh differently in different parts of the developed world. In Canada, the Canadian Conference Board recently issued a report forecasting that western Canada would lead that country’s economy out of its slowdown (which has been much milder than in the US): Although the list of top-performing […]

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