Staples Extraction And The Canadian Economy

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We are told by Prime Minister Carney that Canada will become an “energy superpower” in accord with his major national projects. This is indeed the continuation of Canada’s past history when in the words of the late great Canadian economic historian Harold Innis we were “hewers of wood and drawers of water.” Although the phrase […]

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The Façade And Reality Of The Canadian Economy

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The Canadian governing elites, both Conservative and Liberal, claim to be the true custodians of the economy. Yet as the figures below from Statistics Canada and the International Monetary Fund clearly document, the Canadian economy was being rapidly hollowed out in the last six years of Conservative rule. The Total Balance of Payments deficits for 2009, 2010,

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