Reading Time: 8 minutesDisponible en français. Gross domestic product (GDP) is the primary indicator of an economy’s health. It measures the market value of all final goods and services produced in a country over a set period. To account for inflation (changes in… Read More ›
Reading Time: 4 minutesDisponible en français. This HillNote compares Canada’s productivity performance with that of other Group of Seven (G7) countries and Australia, which has a resource-rich economy that is similar to Canada’s. The HillNote is the second in a four-part series on… Read More ›
Reading Time: 5 minutesDisponible en français. This HillNote is the first in a series of four publications about productivity. The second in the series presents Canada’s productivity performance compared to other advanced economies. The third analyzes the main potential causes of Canada’s relatively… Read More ›
Reading Time: 5 minutesDisponible 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 minuteDisponible 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: 2 minutesDisponible 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: 6 minutesDisponible en français. Launched in 2016, the Investing in Canada Plan is a long-term federal infrastructure plan involving the investment of $188 billion over 12 years. Of this total, $96 billion is new funding, and $92 billion is from existing infrastructure programs. Although the… Read More ›
Reading Time: < 1 minuteDisponible 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: 4 minutes8 April 2021, 10:50 a.m. Disponible en français. The COVID-19 pandemic and the related business restrictions and lockdown measures decreased employment in Canada by 16% from February to April 2020. By February 2021, one year after the pandemic started, total employment… Read More ›
Reading Time: < 1 minute(Disponible en français : Résumé – La répartition des revenus et des dépenses du gouvernement fédéral par province) The federal government collects revenues and makes expenditures in all provinces. Per capita federal revenues and spending vary from province to province, depending… Read More ›