Federal and provincial governments have unveiled the Canadian Free Trade Agreement, designed to lower internal trading barriers and add $25 billion per year to the national economy. Unfortunately, the new arrangement wildly misses the mark. While the deal theoretically improves trade by widening the scope of free exchange, the hundreds of exemptions are [...]
A study by the Atlantic Institute for Market Studies has found people in Atlantic Canada save less money than the rest of Canada, especially in Prince Edward Island. Jackson Doughart, a research coordinator says the saving rates in the four provinces is considerably lower than in other provinces and territories. He said the study from 1981 until 2015, showed [...]
Atlantic Business Magazine, 25 May 2017 By Joseph Quesnel (AIMS Research Associate) The most satisfying part of Indigenous entrepreneur Donald Hanson’s job has been his fortune to apply entrepreneurial skills towards improving Indigenous communities across Canada. After working for more than a decade in the federal civil service and private initiatives, Hanson, 41, created a [...]
By PATRICK LUCIANI (AIMS Senior Fellow) Financial Post, 25 May 2017 As Pope Francis and Donald Trump finished up their rather brief, and apparently uncomfortable meeting on Wednesday, the Holy Father slipped the president a copy of his 2015 encyclical, “Laudato Si.” That happens to be Francis' critique of capitalism and the environment and, since [...]
On May 25, AIMS Author David Murrell joined Bob Murphy on CBC Mainstreet to discuss Nova Scotia's low household savings rate. For more, please see Household Savings in Atlantic Canada, 1981-2015.
HALIFAX, NS – A new study released today shows a low rate of household savings by Maritimers. While New Brunswick has an improved savings rate from the previous decade (following a modest upturn throughout Canada), Prince Edward Island’s household savings have remained constant. Meanwhile, Nova Scotia’s have worsened, with an average annual savings deficit of [...]
Household Savings in Atlantic Canada, 1981-2015 discusses a low rate of household savings by Maritimers. While New Brunswick has an improved savings rate from the previous decade (following a modest upturn throughout Canada), Prince Edward Island’s household savings have remained constant. Meanwhile, Nova Scotia’s have worsened, with an average annual savings deficit of over [...]
Outside Halifax, Nova Scotia municipalities face a financial squeeze. With increasing spending obligations to meet higher service standards, the cost of operating a local government is rising. Meanwhile, the property tax base is declining from ageing and outmigration. Municipalities need more money to afford water and wastewater, bridges, road infrastructure, and fire and [...]
By SYLVAIN CHARLEBOIS (AIMS Senior Fellow) Troy Media, 23 May 2017 Skippy peanut butter and Dad’s chocolate chip cookies are now gone from the Canadian marketplace. If you feel sad bout seeing these iconic brands go, brace yourselves. This is just the beginning. Within days of each other we have learned that two major food multinationals [...]