Playing around on the internet at lunch today, I came across a couple of interesting databases that confirm, at least visually, that we are a petro-economy. With data on the daily price of West Texas crude from the Federal Reserve Bank of St. Louis (thanks Google!) and daily foreign exchange
Continue readingTag: Canadian dollar
Alberta Diary: Alberta’s big problem is the same as Russia’s – so what’s Stephen Harper doing about it?
Keep those wells a-pumpin! Keep those oil prices low! Squeeze those Russkies! Uh … just a minute. … isn’t that bad for Alberta’s many varieties of Conservative? Below: Russian President Vladimir Putin, Canadian Prime Minister Stephen Harper, and Mr. Harper’s hero, Margaret Thatcher. The Globe and Mail, tireless cheerleader for
Continue readingPolitics and its Discontents: Self-Interest Versus The Public Good
We Canadians talk a good game. We want our unemployed to be able to find jobs, we want those with the need to be able to readily access the social safety net, and we think the plight of the working poor is pitiable. But a question that we must confront
Continue readingOntario Progressive Conservative leader Tim Hudak and party admits Dutch Disease contributes to decline in Ontario jobs.
I was reading through the Ontario Progressive Conservatives White Paper on unions, and I came across a most interesting part. Page 6, emphasis mine, When the Canadian dollar had a low value relative to the American dollar, many Canadian business were slow to increase productivity. For a time they could
Continue readingOntario Progressive Conservative leader Tim Hudak and party admits Dutch Disease contributes to decline in Ontario jobs.
I was reading through the Ontario Progressive Conservatives White Paper on unions, and I came across a most interesting part. Page 6, emphasis mine,When the Canadian dollar had a low value relative to the American dollar, many Canadian business were sl…
Continue readingDriving The Porcelain Bus: Federal NDP Continue To Edge Towards A Majority Government
The latest Forum Research poll (Forum Research results, National Post story) shows the NDP in the lead nationally, in Quebec, Atlantic and BC, and almost tied with the Conservatives in Ontario and the Prairies. The only province that the Conservatives hold a strong lead in is Alberta. Poll standings: Canada
Continue readingWashington Post ribs Iceland’s planned adoption of Loonie: "Step one in Canada’s quest for world domination"
The Washington Post isn’t too optimistic about Iceland’s plan to adopt the Canadian dollar. In fact, it finds it all a bit of a lark. More seriously, Iceland wouldn’t be the first country to unilaterally adopt another country’s currency: Ecuador abandoned the sucre and adopted the U.S. dollar in 2000
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