From the Canadian Broadcasting Corporation: Indigenous advocates from around the world are calling on a UN committee to make appropriating Indigenous cultures illegal — and to do it quickly. Delegates from 189 countries, including Canada, are in Geneva this week as part of a specialized international committee within the World Intellectual Property Organization (WIPO), a […]

David Zetland passes along some income figures via Aguanomics (re posted).  (Dan here…There are more American billionaires and millionaires, so not to worry) : Cornelia and I were discussing household income and living standards, and I mentioned that median wages in the US were around $35,000.* She was shocked, saying that they were much higher […]

Today’s FT (front page, below the fold*) declares that Mark Carney “has been informally approached as a candidate” to head the Bank of England “in June next year.” He is currently governor of the Bank of Canada. It would be a good choice. As the speeches at the link above note, Carney is no fool, […]

by Rebecca Wilder The Euro Area Precedent for Policy Failure Last weekend, a leaked Troika report (Troika = ECB + EC + IMF) revealed that European policy makers now comprehend that the Greek policy prescription is not working (bold by yours truly): The growth and fiscal policy adjustments assumed under the program individually have precedent […]

[Expletive Deleted]. It will be interesting to see whether the Libya of Brad DeLong and Juan Cole’s beliefs produces a respectable opposition leader—one of the surer signs of rule by the people—before Canada does.* UPDATE: Via Amy Wilkins Twitter feed, Layton’s final words. Can anyone imagine the 2011 Obama** being able to say this: You […]

Hoocoodanode that replacing someone described as “too Professorial” with someone whose concept of True Patriot Love was to spend the time of the Life of Legendary Jesus out of the country (being a Torture Apologist from the comfort of Cambridge, Mass while Maher Arar traveled different roads) and then act upon his return as if […]

by Mike Kimel Canadian economic growth is about two percentage points higher under Liberal governmentsCross posted at the Presimetrics blog. Frances Woolley has a piece in Worthwhile Canadian Initiatives that begins like this: Canadian economic growth is about two percentage points higher under Liberal governments. At least, that’s what my colleagues Stephen Ferris and Marcel […]

Even though Europe is on the forefront of global bond news these days, I’d like to revisit the US Treasury market. Specifically, I’ll look at the Canadian-US bond spreads, which tell an interesting tale of Fed purchases and US deficit fears. First, the Canadian over US government bond spreads for two longer term issues, 10yr […]

Today Statistics Canada released impressive June employment figures from its Labour Force Survey (LFS). In case you missed it, the April gains, +109,000 new jobs, set a record. And the June gains, +93,000, were nearly as spectacular. (Note: the unemployment rate for Canada in the chart to the left is through May, not June)Canada’s labor […]

A few years ago—probably four, though maybe more—I was doing some research at SIBL when the National Sport of Canada came on the television screens. It wasn’t that I stopped to watch; that loyalty had been previously established. It was that everyone else who was walking between the floors stopped and watched for at least […]