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Erin Weir
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Agrium Halves Potash Royalties
Agrium reports that it paid half as much to the people of Saskatchewan in the second quarter as it had in the same quarter of last year.…
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Saskatchewan’s Rising Cost of Living
Today’s Consumer Price Index provides further evidence of Saskatchewan’s rising cost of living. Among the provinces, Saskatchewan is tied for the second-highest annual inflation rate: 2.0%. Consumer prices…
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EI Lags Unemployment
Today, Statistics Canada reported that 3,400 more Canadians received Employment Insurance (EI) benefits in May. It previously reported that unemployment rose by 8,000 that month. In other words, even…
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Mosaic Profit Argues for Higher Royalties
Today’s Mosaic quarterly report provides further evidence that the Government of Saskatchewan should improve its royalty and tax structure to collect a better return on the province’s…
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More Canadians Give Up Looking for Work
Canada’s labour market stagnated again in June. Employment edged up by only 7,000 as the working-age population grew by 30,000. In response to this job shortage, 17,000…
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CPI Deflates Case for Rate Hike
Today’s report that the national inflation rate fell to 1.2% in May deflates calls for higher interest rates to reduce inflation. The central bank’s core rate was…
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GDP: Austerity Bites
Canada’s economy grew by half a percent in the first quarter of 2012, staying on pace for unimpressive annual growth of two percent. The good news is…
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The Oil Industry’s Own Numbers Make the Case for Higher Royalties
Saskatchewan’s Minister of Energy and Resources replied to my op-ed and letter on Dutch disease and resource royalties. On Friday, he was promoted to Minister of Everything. Columnist Murray Mandryk wrote, “Given the amount…
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Duel of the Saskatchewan Expatriates
Last week, I had the following letter in The Globe and Mail: Oil sands royalties The Canadian Association of Petroleum Producers’ most recent Statistical Handbook indicates that, in 2010, this…
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Inflation On Target; Exchange Rate Off Target
Today, Statistics Canada reported an annual inflation rate of 2%, precisely in line with the Bank of Canada’s target. With inflation under control and renewed risks to…
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Sask. Manufacturing Hits the Wall
Premier Brad Wall was Tweeting about today’s Statistics Canada report of an uptick in national manufacturing sales in March. It is an odd report for him to…
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Defending Green Jobs at the WTO
As a partner in Blue Green Canada, the United Steelworkers have issued the following news release. Erin Weir is an economist with the United Steelworkers union and…
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