The Ivany commission on the new economy is due to report in a few weeks here in Nova Scotia, and in case they missed it, here's one last idea for their consideration: the Nova Scotia dollar.
I was in Cannes with CLC President Ken Georgetti for the G20 Labour Summit. If the outcome of the G20 disappoints, it was not because of lack of effort from the international labour movement.
The best one can say about yesterday's Economic and Fiscal Update is that it signals some very slight flexibility amid changing circumstances.
Governments around the world are heading down a path to economic suicide. So said Nobel Prize-winning former chief economist of the World Bank, Joseph Stiglitz, to hundreds of well-heeled financiers.
A common refrain has been that all of Ontario's election platforms are unrealistic given a deteriorating economic outlook. We should evaluate how each party's platform would fare in a downturn.
The debate over fiscal policy is often framed in the media as one between advocates of higher deficits from Keynesian-style stimulus measures and advocates of deficits through public sector austerity.
A short addendum to my previous post, after I checked the most recent IMF projections in the June 2011 Update to the Fiscal Monitor.
Down south, the Obama administration is in a dangerous game of chicken with Republican congressional leaders, who are cynically holding the U.S. economy hostage.
Today's quarterly GDP numbers from Statistics Canada give lots of reason to worry -- once you start poking around in the tea leaves.
The Conservatives' drive for a majority is premised on positioning themselves as the best economic managers. But in reality, the claim that things are better here has never been statistically valid.