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Trevor Tombe Profile picture
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23 Feb, 4 tweets, 2 min read
Today's COVID vaccination update:

- Total doses administered: 1,602,365
- New reported today: 48,362
- Doses given per 100 people: 4.2
- Doses available per 100 people: 5.3

Source: covid19tracker.ca/vaccinationtra…
Canada's pace of vaccination:

Today's amount of 48,362 doses compares to an average of 42,226/day over the past week and 26,079/day the week prior.

- Daily pace required for two doses to 75% of Canadians by Sept 30, 2021: 253,012
- At current pace, we reach 75% by Sep 2024
In total, Canada is up to 1.60 million doses administered, which represents 4.22% of Canada's population. This is out of a total of 2.0M vaccine doses available. Of those receiving at least one dose, at least 466k have received two (i.e., are fully vaccinated).
Turning to individual provinces, here's doses administered over time and the latest share of deliveries used. SK leading with 105.0% of delivered doses administered while NU has administered 45.5%.

Note: Shares >100% are due to squeezing 'extra' doses from vaccine vials.

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More from @trevortombe

Trevor Tombe Profile picture
23 Feb
Canada’s equalization program is one of the most important federal transfers — and one of the most misunderstood. To help, I'm *very* excited to share a new tool from @FONCanada: an 🚨interactive equalization simulator🚨

financesofthenation.ca/2021/02/23/new… #cdnecon #cdnpoli🤓😎
This allows you to explore every aspect of the program, and much more.

Potentially most interesting is what's in store for next year. We include a *rough* projection for 2022/23. If this pans out, then every province except BC and AB may receive.
Why is that? Both NL and SK end up receiving because their resource revenues fall enough so that the "fiscal capacity cap" doesn't fully claw back their payment.
Read 10 tweets
Trevor Tombe Profile picture
23 Feb
Today's COVID vaccination update:

- Total doses administered: 1,554,003
- New reported today *: 61,733 (new record!)
- Doses given per 100 people: 4.1
- Doses available per 100 people: 4.9

Source: covid19tracker.ca/vaccinationtra…

* Includes some weekend doses.
In total, Canada is up to 1.55 million doses administered, which represents 4.09% of Canada's population. This is out of a total of 1.9M vaccine doses available. Of those receiving at least one dose, at least 448k have received two (i.e., are fully vaccinated).
Turning to individual provinces, here's doses administered over time and the latest share of deliveries used. SK leading with 103.9% of delivered doses administered while NU has administered 45.3%.

Note: Shares >100% are due to squeezing 'extra' doses from vaccine vials.
Read 7 tweets
Trevor Tombe Profile picture
10 Feb
Today's COVID vaccination update:

- Total doses administered: 1,124,229
- New reported today: 25,771
- Doses given per 100 people: 3.0
- Doses available per 100 people: 3.4

Source: covid19tracker.ca/vaccinationtra…
Canada's pace of vaccination:

Today's amount of 25,771 doses compares to an average of 19,432/day over the past week and 17,107/day the week prior.

- Daily pace required for two doses to 75% of Canadians by Sept 2021: 273,960
- At current pace, we reach 75% by Dec 2028
In total, Canada is up to 1.12 million doses administered, which represents 2.96% of Canada's population. This is out of a total of 1.3M vaccine doses available. Of those receiving at least one dose, at least 204k have received two (i.e., are fully vaccinated).
Read 8 tweets
Trevor Tombe Profile picture
9 Feb
Today's COVID vaccination update:

- Total doses administered: 1,098,458
- New reported today *: 21,161
- Doses given per 100 people: 2.9
- Doses available per 100 people: 3.4

Source: covid19tracker.ca/vaccinationtra…

* Includes some weekend doses.
Canada's pace of vaccination:

Today's amount of 21,161 doses compares to an average of 17,567/day over the past week and 19,363/day the week prior.

- Daily pace required for two doses to 75% of Canadians by Sept 2021: 272,749
- At current pace, we reach 75% by Oct 2029
In total, Canada is up to 1.10 million doses administered, which represents 2.89% of Canada's population. This is out of a total of 1.3M vaccine doses available. Of those receiving at least one dose, at least 187k have received two (i.e., are fully vaccinated).
Read 9 tweets
Trevor Tombe Profile picture
11 Dec 20
Today's data: national balance sheets for Q3!! 🥳 www150.statcan.gc.ca/n1/daily-quoti…

Household debt reaches all time high, but an under-reported statistic is that financial and total assets have also reached new highs. #cdnecon
This matters since many will see the riding debt as a sign over 'overleverage', but this isn't necessarily true. I'll paint a more optimistic picture here.

First, debt as a share of assets are very much in line with historical norms.
Second, the "household debt is 173% of income" headline is correct. But financial assets (which doesn't include homes, for example) is 544% of income!
Read 6 tweets
Trevor Tombe Profile picture
27 Aug 20
Big omissions in #ableg Fiscal Update: no recognition of our main fiscal challenge (reliance on resource revenues) and no indication of how we'll move forward.

As @RonKneebone so wisely put it: we have a substance abuse problem. Step 1 to overcoming it: admit we have a problem.
Here's a link to his paper: journalhosting.ucalgary.ca/index.php/sppp… (Read it!!)

Also, note this isn't a critique of current govt only. Failing to recognize this as a problem is an all-party challenge; former govt did it repeatedly as well.
I'll add that the province is going to need to consider revenue measures. No, not necessarily sales taxes. Gas taxes, a health levy (payroll tax), taking back CTax revenue, changing PIT rate, etc. Lots of options we should consider.
Read 5 tweets

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