An NDP win in Alberta, and a record-breaking trade deficit
May 6: The common theme is oil, as WTI sits above $61 this morning. Plus, the pistachio market, and an $8000 gender wage gap
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exports
The services industry: Canada’s secret economic playground?
Some of our fastest-growing exports are in the overlooked services sector. That’s good for Canada’s job market.
Services exports are a cure for the ’declining oil’ blues
Our world-class services have been steadily building up and are now reaching new shores
Canada’s not even close to getting back to normal on trade
And there’s one huge factor that could derail this trade recovery
Why Canada’s manufacturing sector is stronger than you think
The numbers say it all
The housing market version of the Dutch Disease?
New research links property prices to the decline in manufacturing employment
The trade deficit (or rather, current account deficit) is now the second-widest on record
That’s neither surprising nor terrible news
What does a trade deficit mean for GDP? Not much.
Net exports fell in three of the last four phases of economic expansion
The British are coming—for our gold
That’s why our exports to the U.K. have tripled over a decade!
The lost decade of Canadian exports
We have a problem, and it dates back to well before the Great Recession