Don Drummond
Don Drummond
Don Drummondwas a Jamaican ska trombonist and composer. He was one of the original members of The Skatalites, and composed many of their tunes...
canada focus needs savings shift towards
What Canada needs is a shift in focus away from consumption and towards savings and investment,
barn finance horse unfair
It wouldn't be unfair to say that not only is the horse out of the barn but Finance has no idea where the horse has gone.
canada case disease doubt dutch mild running
There's no doubt we have a mild case of Dutch disease running in Canada.
hearts minds subject
But the subject has not gripped the hearts and minds of most Canadians.
blame fast growing ontario
Ontario is not growing as fast as other areas. Is it appropriate to blame that on equalization? I would say no,
capacity far inflation performed pressures side worry
So far the inflation side has performed well, but we know there are lags between capacity pressures and inflation, so we have to worry about that.
demand economy forget quarter
We sometimes forget that the U.S. economy is a quarter of all world demand for oil, so if it slows down it should take some of the froth off the demand side.
catch net rolls safety welfare
We don't have anything in the safety net other than welfare, which is why there's nothing else to catch them on the way down, so they end up on the welfare rolls -- which is inappropriate.
commitment cultural increased investment involving major policy private public review sector shift tax
This is not just about tax cuts. It's about a cultural shift involving a major review of public policy and an increased commitment by the private sector to investment and innovation.
attention insane people problem single statistics
I think we have become insane with the attention we put on single indicators. The problem here is not Statistics Canada. The problem is how people use the survey.
bank canada continues economy expect interest people raise rapid rates running yields
If the economy continues running at a rapid pace, the Bank of Canada has to raise interest rates further. Yields will go up as people expect the Bank of Canada may go more than just one more time.
candidate finance good job minister strong
He did a very good job as finance minister in Ontario. He's a very strong candidate for that position.
absolute bad canada continues growth levels living major rates recorded relative remarkably standard terms threaten
Canada has recorded a remarkably bad productivity performance. Productivity has been tepid in terms of absolute growth rates and relative to the growth and levels recorded in other major economies. If this continues it will threaten the standard of living of Canadians.
industrial policy subsidize taxing winners
Industrial policy too often amounts to taxing the winners to subsidize the losers.