In comparing Canada with the U.S., we first simulate the U.S. demographic transition, treating the U.S. as a closed … Canada simulations, Canada is assumed to be an open economy which takes the U.S. interest rate as given. The simulations … indicate that demographics are likely to have significant effects on rates of saving and taxation in both the U.S. and Canada …

different countries, examines social and labor market policies in Canada and the United States during the 1980s. It shows that … significantly affected economic outcomes in the two countries. For example: -Canada's social safety net, more generous than the … American one, produced markedly lower poverty rates in the 1980s. -Canada saw a smaller increase in earnings …