Category Archives: Economy

New generation of debt-laden farmers must learn lessons from the past

Written on September 14, 2016 at 11:18 am, by

As a part of the Canada West Foundation’s series on debt in agriculture, we asked the farming community to provide its thoughts on the growing level of debt in the industry. This is a guest blog submitted in response to our call for comments and represents the views of the writer. You can read our survey results

Loonie’s rollercoaster year a sign of the times in 2016

Written on August 3, 2016 at 3:54 pm, by

With the decline in oil prices, the falling loonie has had quite the year so far in 2016. In early 2016, the Canadian dollar hit the lowest it has been since 2003, when it closed at 71.02 cents US. As oil prices slowly began climbing, the Canadian dollar did too, reaching 77.55 cents US in June

Let’s tap into the real Alberta Advantage – resilience

Written on July 4, 2016 at 11:47 am, by

Alberta is going through a crisis. Oil prices have fallen substantially, with no imminent recovery, and many people have been laid off. Albertans seem to be at a loss on what to do. Before I started working at the Canada West Foundation, I worked at a museum in Alberta, and I have never been more

Time is ticking on getting a new Softwood Lumber Agreement

Written on June 30, 2016 at 11:31 am, by

President Obama’s address to the House of Commons on Thursday touted the benefits of free trade and the co-operative relationship between the U.S. and Canada. While many of his remarks received thunderous applause, his silence on a major trade dispute that has been flaring up between the two neighbours for centuries was just as deafening. It was

Governments slow to act on Vancouver’s housing bubble

Written on June 16, 2016 at 11:49 am, by

In the past six years, the value of single-family homes in Vancouver has risen 75 per cent—to an average of $1.9 million. The housing price has jumped 37 per cent since May 2015, alone. Yet, the median household income during that period has hardly changed. Meanwhile, the personal debt level of Canadians is at record

Bold ideas in the air as Trudeau heads to Washington

Written on March 8, 2016 at 4:24 pm, by

Prime Minister Justin Trudeau is headed to Washington, D.C. this week to meet with President Barack Obama. Carlo Dade, Director of the Centre for Trade & Investment Policy, offers three reasons why this visit is different. 1) Pent up demand There has been a sense that the bi-lateral relationship, and the larger NAFTA/North American project,