Reading Time: 5 minutes Disponible en français. This HillNote highlights key trends in the Canadian economy in the third and fourth quarters of 2022. Recent measures taken by the Bank of Canada in response to an elevated rate of inflation have led to lower… Read More ›
Reading Time: < 1 minute Disponible en français. The federal government collects revenues and makes expenditures in all provinces. Per capita federal revenues and spending vary from province to province, depending on the economic and demographic conditions in each province. Sources of federal revenues include personal… Read More ›
Reading Time: 3 minutes Disponible en français. The federal budget outlines the government’s revenue estimates and expenditure priorities for the fiscal year. It is a key component of the parliamentary financial cycle. The outlook for budgetary revenues and expenses can be found in tables… Read More ›
Reading Time: 5 minutes Disponible en français. On 1 July 2022, the Canada–United States–Mexico Agreement (CUSMA) had been in force for two years. CUSMA superseded the North American Free Trade Agreement (NAFTA), in force since 1994. CUSMA contains three dispute-settlement mechanisms, which are contained… Read More ›
Reading Time: < 1 minute Disponible en français. The trucking sector is one of the most important pillars of transportation in the supply chain. Thanks to Canada’s extensive road network, trucks are the primary mode of transport used to ship goods across the country. The trucking… Read More ›
Reading Time: 5 minutes Disponible en français. If housing supply and housing demand could talk, they would tell us that proposals that increase supply have the effect of reducing the price of housing and increasing quantity. As for proposals that increase demand, they raise… Read More ›
Reading Time: 2 minutes Disponible en français. Canada’s multi-billion-dollar tourism sector employs hundreds of thousands of Canadians and is supported by all levels of government. In 2020, due to the COVID-19 pandemic, global tourism and travel sector revenue decreased by 49% from the previous year,… Read More ›
Reading Time: 5 minutes Disponible en français. This HillNote highlights key trends in the Canadian economy in the third and fourth quarters of 2021. Although the economy improved in the second half of 2021, the recovery remains uneven among certain sectors and population groups…. Read More ›
Reading Time: 3 minutes Disponible en français. The federal budget outlines the government’s revenue estimates and expenditure priorities for the fiscal year. It is a key component of the financial cycle. The outlook for budgetary revenues and expenses can be found in the 2022… Read More ›
Reading Time: < 1 minute Disponible en français. New government initiatives are announced through different sources, including the Speech from the Throne, the federal budget, international agreements, federal–provincial-territorial agreements, ministerial mandate letters and ministerial proposals. However, before a new initiative receives funding, approvals from Cabinet, the Treasury Board and Parliament are needed. This paper describes these approvals along with the role… Read More ›