cover image: Perspective: Building a Resilient Post-Pandemic Canadian Economy

20.500.12592/fjr9m5

Perspective: Building a Resilient Post-Pandemic Canadian Economy

6 May 2021

The with the northern states in the driver’s seat, the economic forces would have been too strong for US backed out of the Reciprocity Treaty with it to be otherwise. [...] from removing trade barriers would go to But we all know there is no surer way to get the regions of the country that have the nowhere than for the federal government to tell most barriers to remove. [...] That is because the huge benefit to the economy as a whole – an The burst of globalization of supply additional $80 billion in total income for the chains beginning around 2001 has led to country, every single year – could generate a dramatic decline in the costs associated additional tax revues of at least $20 billion, also with many things we buy, thereby boosting every single year. [...] The rest of us would have as some of them lost their jobs and needed no trouble finding a use for the other $60 billion to move on to something else – but the of free money, either. [...] Like a healthy and fit individual, the Canadian economy should be able to shake One of the by-products of these developments off the effects of COVID.
Pages
10
Published in
Canada