Our governments’ finances face a growth problem, not just a budget problem.

My latest for @TheHubCanada on why productivity changes everything: https://thehub.ca/2026/04/01/the-fiscal-challenge-canadas-provinces-arent-talking-about/ #cdnecon #cdnpoli

The fiscal challenge Canada’s provinces don’t want you to talk about

Every single province is now running a deficit

The Hub
Oil prices (WTI) ended March just under $102/bbl. Adjusted for inflation, that's the second largest monthly $/bbl increase ever and the third largest % increase. #cdnecon
CIBC: The #Canadianeconomy advanced by 0.1% m/m to start the year, a tick above the consensus expectation & advance estimate, driven by strength in #goods-producing #sectors, namely #oilandgas extraction, #mining/quarrying, and #construction, which masked a decline in #manufacturing #cdnecon #GDP

What do rising oil prices mean for Canadian households?

In my latest for @TheHubCanada, I estimate the costs for gasoline, energy, and (just as importantly!) all other goods and services throughout the supply chain. Overall, about $1,000/yr/household.

https://thehub.ca/2026/03/18/what-rising-oil-prices-mean-for-canadian-households/ #cdnecon #cdnpoli

2 Desjardins: Policymakers will generally look through an #oilpriceshock unless #inflationexpectations become unanchored, underlying #inflation reaccelerates or the #outputgap closes meaningfully. 🧵 #BOC #cdnecon
1 Desjardins: The Bank of Canada’s reaction function to higher #energyprices is also fairly clear. Even in a world where #centralbanks are more sensitive to supply shocks, the Governing Council retains substantial flexibility to remain patient. 🧵 #BankofCanada #BOC #cdnecon
He said the 84,000-position decline is the kind of reading you typically only see in the depths of a recession. “I don’t believe we’re in a recession,” Porter said, “but clearly the economy is struggling out of the gate in 2026.”
#Canada #economics #recession #depression #collapse #cdnecon #ontario #labor #jobs #employment https://share.google/98rprNDYC4xwP4M4J
‘Empty pit of despair’: Job seeker describes struggle as Canada posts biggest job loss in decades

In a drop that some economists are calling 'worrisome,' Canada’s labour market shed 84,000 jobs in February, one of the sharpest monthly declines seen outside the COVID-19 pandemic.

CTVNews

Ponzi schemes rely on trust and hype. Bernie Madoff showed how dangerous that combination can be.
#Investing #PonziScheme #CdnEcon

https://www.canajunfinances.com/2009/03/13/random-thoughts-bye-bye-bernie/

“Compounding matters is that the #American #economy is relatively #energy-intensive – which is to say, a lot of #energy goes into each dollar of output. Canada’s economy is worse yet, in large part because the #transportation system remains #carbon-intensive.” #Canada #cdnecon

RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mgkmxhkwgc2v