Trevor Tombe
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Trevor Tombe
@trevortombe.bsky.social

Professor of Economics, University of Calgary | Director, Fiscal/Econ Policy, The School of Public Policy | Alum U of T & SFU | Inflation, carbon taxes, equalization, internal trade, R, and more! | 💻 📊 📝 🍻

Trevor Tombe is a Canadian economist.

Source: Wikipedia
Economics 58%
Political science 29%

Note that the agreement they signed is far smaller than what we analyzed (doesn’t include food, and more importantly services / credentials) but is meaningful. Services liberalization is where the larger gains are, we estimate. So more work to do.

An important step for internal trade! The “Canadian Mutual Recognition Agreement” signed yesterday could yield real economic gains: www.ctvnews.ca/canada/arti...

For some analysis on what MR means, see this by me and Ryan Manucha: macdonaldlaurier.ca/liberalizin... #cdnecon #cdnpoli
Liberalizing internal trade through mutual recognition: A legal and economic analysis | Macdonald-Laurier Institute
A new MLI study finds that, if Canada is to break its internal trade barriers, mutual recognition is a solution well worth considering.
macdonaldlaurier.ca

Today's data: inflation 📈 www150.statcan.gc.ca/n1/daily-qu...

Consumer prices rose 2.2% since October 2024. But since it matters what you buy, experiences vary. Lower-income, single renters faced highest increases. Relevant to understand affordability concerns. #cdnecon #cdnpoli

the budget is full of these comparisons as well, so I'd suggest it isn't partisan. GDP is a common broad measure of economic activity.

good catch on the 'not' :)

Countless others, depending on what you value and what you want to measure. Not for me to provide a comprehensive list, but an example of a broad effort to quantify other things is the UN HDI: hdr.undp.org/data-center/...
Human Development Index | Human Development Reports
hdr.undp.org

Definitely! One should conclude from any of the above analysis that it implies living in Canada is 'bad', this is but one of countless relevant measures. And no one measure ever tells the full story. But, this is a relevant measure and improving it as the feds aim to do does come with benefits.

Reposted by Trevor Tombe

Reposted by Trevor Tombe

The federal budget hopes to boost growth by ~0.7%/yr (+3.5% by 2030). Even if we exceed U.S. growth by that much, we won't regain our pre-2015 position until 2050.

My latest for @TheHubCanada on our long-term challenge ahead: thehub.ca/2025/11/12/... #cdnecon #cdnpoli

Reposted by Trevor Tombe

Reposted by Trevor Tombe

Reposted by Trevor Tombe

ICYMI, @mattgalloway.bsky.social set up @trevortombe.bsky.social and I for a rich "two sides" convo about Tuesday's budget and what matters.
We follow @armstrongcbc.bsky.social's excellent Econ101 explanation of the meaning of deficits and debts.

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