Reletter
Artwork for Philip’s economic commentary

Philip’s economic commentary

Philip Smith

Providing insights about latest developments in the Canadian economy, well illustrated with colourful charts and tables

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Substack
PricingOnly free issuesPublishesInfrequently
Issues24Founded4 years agoLast Issue2 months ago
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Artwork for Philip’s economic commentary

Latest Issues

Two new Canadian economy dashboards

Canada is fortunate to have a wide range of monthly statistics that gauge the many dimensions of the economy in a timely fashion. Few countries are fortunate to have as complete a picture on a monthly basis. Statistics Canada and the Bank o...

2 months ago
3
6

Affordability in Canada and the US

The ‘affordability’ issue continues to be prominent in both Canada and the United States. While I have not seen a formal definition of the problem anywhere, I take it to mean a situation where the essentials of life — food and shelter — hav...

3 months ago
15
5

Government of Canada fiscal numbers since Confederation

The Government of Canada has kept financial records of its annual revenue and expenditure since Confederation in 1867. It is interesting and useful to look at the government’s current financial picture in the long-term context provided by t...

5 months ago
20
5

The importance of seasonality in Canada's consumer price index

Introduction

Seasonality is all around us. It arises first and foremost because of the orbit of the earth around the sun and the resulting seasons. But of course it is also due to the wide variety of rules and conventions inherent in hu...

6 months ago
5
2

Measuring aggregate government productivity

There appears to be near-unanimity among Canadian economists that the country’s major economic problem today, aside from US tariffs, is the lack of significant productivity growth. This problem is evident in the Statistics Canada time serie...

7 months ago
10
11

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Authors

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  • Philip Smith

    I'm a Canadian economist/statistician who spent decades working in the federal government, mostly at Statistics Canada but also, for nine years, at Finance Canada.

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