Discover and read the best of Twitter Threads about #CdnEcon

Most recents (6)

With seemingly significant #NAFTA breakthroughs between the US and Mexico, Canada is increasingly looking like it may be snubbed on NAFTA. Why is this happening? For one thing, Ottawa has not adjusted to the changing game on trade: macdonaldlaurier.ca/canada-must-re…
While any Canadian government would have faced challenges negotiating with this US administration, Ottawa's failure to adjust to the evolving political landscape South of the border means that we aren't blameless #NAFTA #cdnecon #uspoli #cdnpoli macdonaldlaurier.ca/us-canada-trad…
Furthermore, while some may argue that Canada's retaliatory tariffs may have been justified, realistically "there are no sources of economic pain that Canada can inflict on the United States that would not also be much worse for Canada," says @DawsonCanada macdonaldlaurier.ca/u-s-trade-war-…
Read 9 tweets
Tomorrow @PeterGHallXIII and I will be discussing the latest results from @ExportDevCanada's Trade Confidence Index (our semi-annual survey of 1,000 Canadian exporters).

In addition to the usual questions on the outlook, we've added #NAFTA, investment, #CPTPP and more. #CdnEcon
...Here's a rundown of the results, starting with a short video by @PeterGHallXIII to tee up the release of @ExportDevCanada's latest Trade Confidence Index #CdnEcon
Key finding 1: Since our last survey, Canadian exporters have become more optimistic about the near-term outlook - due to by higher expected domestic and export sales.
Read 14 tweets
I asked @DanDoctoroff today at eventbrite.ca/e/toronto-towa… what Sidewalk Labs' business model was? How did they plan to make money here?
His answer(s):
#cdnecon
There are five potential sources of revenue for Sidewalk Labs:
1. One will be potentially from development, Sidewalk Labs as "master-enabler, but our role in vertical will be limited. We want to demonstrate *others* can make money". /2
2. Working with Waterfront Toronto and planning, getting approvals for land use, will mean value of property will increase. Sidewalk Labs will get some $ for some of that. /3
Read 13 tweets
Canada is the 10th largest economy in the world, with a fraction of the other economies' populations.
We can build whatever kind of world we want.
#cdnecon
Pharmacare? Child care/early childhood education? Dental care? Post-secondary education? Housing? Public transit? Legal aid? Access to hi speed internet? Basic income?
We can improve any dimension of our lives we choose.
#cdnecon
What we *can't* do, if we want to improve everyone's quality of life, is continue to offer tax cuts. That includes not enforcing existing tax rules/permitting tax evasion.
Tax cuts are sold as "more money in your pocket".
Two things that are misleading about that framing...
Read 11 tweets
Dear any political party
Don't bother preaching tax cuts, debt-reduction through service cuts, as the fast-track to the future or a path to prosperity.
We've had a quarter century social experiment with that.
We're done with that fiscal fantasy.
#TimesUp
#GenderResponsiveBudgets
If you're keen on debt reduction, grow the economy.
If you want more growth, support for women > trade or biz investment.
Women's estimated potential impact on growth (with supports) $150B by 2026. Trade's ~$12B by 2040.
(Thread: )
#cdnecon #cdnpoli #onpoli
Federal #Budget2018 articulated most elements of a plan to increase women's contribution to the economy, but not the next crucial step: a national strategy to improve access to affordable, high quality early childhood education for our kids.
That's why Poloz talked about it y'day
Read 8 tweets
LOL
Businesses raise their prices *without* the minimum wage going up allathetime! #cdnecon
Exhibit A: Tim Horton's raised the price of a cup of coffee in
2011 by 7¢ ("rising prices of coffee beans")
2014 by 10¢ ("rising operations costs", with coffee bean prices and, oh yah, costs of [$11B] Burger King deal identified)
August 2017 by 10¢ ("rising operations costs")
You will note not one of those rising costs were wages.
NONE.
Put price rises in context. Any rising input cost is a rising cost. Period.
Including executive pay and mergers and acquisitions.
Read 17 tweets

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