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Dutch Disease
The Canadian-Dutch Disease: What the OECD wrote (plus the Figure)
“Thomas Mulcair’s Dutch Disease warning supported by OECD report ” wrote the National Post. What did the OECD actually said : The economy continues to undergo structural adjustments due to these persistent relative price movements since the early 2000s. The export-oriented manufacturing sector had by 2011 shrunk sharply to only 12.6% of total value added, down from … Continue reading
Ottawa’s focus on Alberta oilsands is killing manufacturing jobs in Eastern Canada, economists say – thestar.com
You know that old saying, “When the U.S. sneezes, Canada catches a cold.” It still applies. The United States remains our biggest trading partner. What happens there affects everything from our tourism to our exports. But now, Canada is facing a bigger threat to its economic health. It’s called Dutch Disease — and it’s complicated … Continue reading
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