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Since Canada is a very open economy, globalisation and increased foreign competition may entail significant long-run labour market and distributional implications. Indeed, with increased foreign competition and China’s accession to the World Trade Organisation (WTO) in 2001, Canada is facing...
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This study explores the long-term economic effects of population ageing by region in Canada using a dynamic regional computable overlapping generations model. The model has six regions, six goods and 15 overlapping generations of heterogeneous workers by skill level and immigration status. The...
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Income tax reform has become a hot topic in both the United States and Canada. Over the past few years, a variety of proposals have been advanced for the replacement of the current income tax system and most proposals involve a compression of the multi-rate structure into a single rate and a...
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