This is the weakness in using GDP per hour of labour as a productivity measure: it gets distorted by multinational activity and passive income. Replacing GDP with GNI is better... but still has attribution shortcomings. Many economists prefer Total Factor Productivity, but even that isn't perfect.
December 21, 2025 at 4:12 PM
This is the weakness in using GDP per hour of labour as a productivity measure: it gets distorted by multinational activity and passive income. Replacing GDP with GNI is better... but still has attribution shortcomings. Many economists prefer Total Factor Productivity, but even that isn't perfect.
Strictly a function of the oil boom since 2019. Massive boost to country's GDP with relatively few additional workers because oil production is so capital-intensive.
December 21, 2025 at 1:21 AM
Strictly a function of the oil boom since 2019. Massive boost to country's GDP with relatively few additional workers because oil production is so capital-intensive.
None of these are viable options for Canada b/c we're not a gateway to some large market & offshore tax jurisdictions are generally frowned upon now. We can emulate Norway & entice more capital investment in our oil & gas sector, though.
December 20, 2025 at 11:58 PM
None of these are viable options for Canada b/c we're not a gateway to some large market & offshore tax jurisdictions are generally frowned upon now. We can emulate Norway & entice more capital investment in our oil & gas sector, though.
Esp attractive tax treatment of IP/intangibles, which is why the US tech and pharma used it as a gateway to European activities and related profit shifting. Ditto for Luxembourg as tax haven for shell & holding co's, esp financial services gateway to EU. Channel Islands are offshore tax havens.
December 20, 2025 at 11:49 PM
Esp attractive tax treatment of IP/intangibles, which is why the US tech and pharma used it as a gateway to European activities and related profit shifting. Ditto for Luxembourg as tax haven for shell & holding co's, esp financial services gateway to EU. Channel Islands are offshore tax havens.
The top 3 are skewed by multinational profit shifting, financial engineering & tax structuring activities. Norway benefits from oil/gas production. Emulating them would require major reform of the tax system to become a tax-advantaged jurisdiction, much higher oil/gas production, or both.
December 20, 2025 at 11:38 PM
The top 3 are skewed by multinational profit shifting, financial engineering & tax structuring activities. Norway benefits from oil/gas production. Emulating them would require major reform of the tax system to become a tax-advantaged jurisdiction, much higher oil/gas production, or both.
For the council of a municipality that still relies on the province for a financial lifeline, that "killer line" may be seen in time as a penny-wise and pound-foolish statement. #topoli
December 17, 2025 at 11:13 PM
For the council of a municipality that still relies on the province for a financial lifeline, that "killer line" may be seen in time as a penny-wise and pound-foolish statement. #topoli
That implies the NDP wasn't well-led in 2015, giving Liberals the win... even though it was the party's second-best-ever result? Hardly a failure. IMO, the calculus is more complex than a mere Liberal-NDP correlation. There is also a Bloc dimension that must be considered. It's multifactorial.
December 17, 2025 at 10:48 PM
That implies the NDP wasn't well-led in 2015, giving Liberals the win... even though it was the party's second-best-ever result? Hardly a failure. IMO, the calculus is more complex than a mere Liberal-NDP correlation. There is also a Bloc dimension that must be considered. It's multifactorial.
It's more complicated than that. JT's Liberals won in 2015 despite the NDP having its second-best-ever showing under Mulcair with 44 seats. #canpoli#cdnpoli
December 16, 2025 at 11:39 PM
It's more complicated than that. JT's Liberals won in 2015 despite the NDP having its second-best-ever showing under Mulcair with 44 seats. #canpoli#cdnpoli
Asking questions or disagreeing isn't controversial... it's human. No need to apologize... I don't get offended by a different POV.
What if fans eat & drink pre- & post-game anyway for the social value? What if a lousy stadium location affects attendance? Lots of variables to consider.
December 13, 2025 at 7:10 PM
Asking questions or disagreeing isn't controversial... it's human. No need to apologize... I don't get offended by a different POV.
What if fans eat & drink pre- & post-game anyway for the social value? What if a lousy stadium location affects attendance? Lots of variables to consider.