Reading Time: 5 minutes 10 December 2021, 8:15 a.m. Disponible en français. The COVID-19 pandemic compelled governments to implement extraordinary fiscal measures to support their economies. In Canada, as in other Group of Seven (G7) countries, these measures took the form of a mix… Read More ›
Reading Time: 5 minutes Disponible en français. This HillNote highlights key trends of the Canadian economy in the first and second quarters of 2021. Canadian real gross domestic product (GDP) increased in the first quarter of 2021 and then retreated slightly in the second… Read More ›
Reading Time: < 1 minute Disponible en français. Understanding economic statistics and federal government finances can be complex. Through 23 questions and answers, this HillStudy explores key economic and financial concepts, including production: gross domestic product (GDP); inflation: consumer price index; nominal and real GDP; raw… Read More ›
Reading Time: 3 minutes Disponible en français. One of Parliament’s fundamental roles is to review and approve the government’s taxation and spending plans. To fulfill this role, parliamentarians follow the parliamentary financial cycle, which consists of a continuous loop of activities that take place… Read More ›
Reading Time: 6 minutes Disponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: 7 minutes Disponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: 6 minutes Disponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: 6 minutes Disponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: < 1 minute Disponible en français. Money is created in the Canadian economy in two main ways: through private commercial bank loans or asset purchases, and through the Bank of Canada’s asset purchases. The majority of money in the economy is created by… Read More ›
Reading Time: 5 minutes Disponible en français. On page 176 of Budget 2021, there is one small paragraph that could have far-reaching implications. There, the Government of Canada announced that it would soon begin consultations on a new carbon pricing measure, known as a… Read More ›