Tag Archive: recession

BC employment holds steady in August but anemic private sector hiring is a sign of economic weakness

Sep 4, 2015
Canada is officially in a recession and while BC is expected to sail through it relatively unscathed, the projected modest GDP growth performance does not seem to be translating into job gains for British Columbians. Statistics Canada’s latest job numbers show BC created 3,100 jobs in August, which represents a gain of one tenth of one percent in… View Article

Early indicators of how the recession has hit BC’s poor

May 29, 2010
Just wanted to draw readers’ attention to a great op-ed piece in The Province newspaper this past Thursday: “Recession slammed BC’s poor; and it’s not over,” by Chandra Pasma. Chandra is a policy analyst with Citizens for Public Justice (a faith-based social justice group), and author of a recent report entitled Bearing the Brunt: How… View Article

In defense of the stimulus

Mar 25, 2010
Earlier this week, the Fraser Institute published a controversial report which argued that the government stimulus did not do much for economic growth in the last two quarters of 2009, suggesting that government spending on infrastructure was useless. While their analysis suffers from serious shortcomings, which I outlined in a previous blog post here, their… View Article

The role of stimulus spending in the recovery

Mar 24, 2010
Yesterday, the Fraser Institute published a new report, which argues that the government stimulus did not drive Canadian economic growth in the last two quarters of 2009, suggesting that government spending on infrastructure was useless for the economy. The report earned the scorn of Federal Finance Minister Jim Flaherty, who called it “poorly done and it’s… View Article