Almost there: EDC's Canadian Economy Recovery Tracker (CERT) is showing significant recent progress, driven by big improvements in COVID cases and loosening government restrictions edc.ca/en/guide/edc-c… #CdnEcon Image
...Here are the COVID indicators, which are looking much, much better than in May. Image
...The Canadian price of oil continues to climb higher. Image
...As provincial governments across the country continue to loosen their restrictions, personal mobility is getting back closer to pre-COVID levels. Image
...Canada's over-heating housing market has started to slow from the spring, but online job postings and consumer spending remain strong. Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with 𝐒𝐭𝐞𝐩𝐡𝐞𝐧 𝐓𝐚𝐩𝐩 🇨🇦 🌎

𝐒𝐭𝐞𝐩𝐡𝐞𝐧 𝐓𝐚𝐩𝐩 🇨🇦 🌎 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @stephen_tapp

26 Jul
Excited to share this new journal article, I co-authored with Beiling Yan, that’s now published in Canadian Public Policy (by @utpjournals): utpjournals.press/doi/full/10.31…

#CdnEcon #Econtwitter Image
...Our goal in this paper was to analyze the potential to increase Canada’s exports and foreign direct investment abroad.

To do so, we constructed a unique administrative dataset @StatCan_eng with detailed information for millions of firms that operated in Canada from 2010-15. Image
...Our big research challenge: how do you identify “potential” exporters?

In the past, people surveyed firms to ask if they could become future exporters.

But you might worry that approach may be unreliable, if some firms say “yes”, even if they aren’t serious exporters.
Read 12 tweets
19 Apr
Some timeless tips on how to speed-read the federal budget policyoptions.irpp.org/magazines/marc…

(from the @IRPP achieves with @DavidDeault) #CdnEcon
Tip 1: To deconstruct the budget, first consider its construction:

Fundamentally, this is an exercise in assembling the evidence that best supports the government’s narrative, not necessarily to provide a comprehensive, objective view of the economy or the fiscal situation.
Tip 2: Prepare and reflect

There are lots of helpful resources to read in advance, like @PBO_DPB's pre-budget outlook pbo-dpb.gc.ca/en/blog/news/R…

And before the budget is released, reflect on your role and that of your organization. What’s your unique interest and perspective?
Read 15 tweets
19 Feb
Released today, @ExportDevCanada's Canadian Economic Recovery Tracker.

Things are starting to improve through mid-February, with COVID cases falling and oil prices rising

edc.ca/en/guide/edc-c… #CdnEcon
...In the past month, the number of weekly COVID-19 cases in Canada has declined as provinces adopted stronger restrictions.

These case count improvements, in turn, have just recently allowed some jurisdictions to start to slowly ease restrictions again.
Financial markets continued their strong performance in recent weeks, with equity indices reaching record highs across the world.

The Canadian price of oil has enjoyed a robust recovery thus far in 2021 and at US$47 a barrel, is now well above its pre-pandemic level.
Read 7 tweets
14 Jul 20
Here's the latest from @AndrewDiCap, @Jen_Topping and I on EDC's survey of the initial impacts of COVID-19 on Canadian exporters edc.ca/en/blog/covid-…

#CdnEcon
First the good news:

1) It looks like the worst is behind us...

Our survey corroborates other indicators for May, which suggest the Canadian economy has turned the corner—tentatively emerging from the worst of the global pandemic, and taking the first steps on road to recovery.
...Business re-openings are slowly proceeding, in a tentative phased-in approach (although many are still operating well below capacity).

Of the 54% of respondents who had closed their physical store locations:
Read 10 tweets
22 May 20
Congrats to this year's Doug Purvis Memorial Prize Winner:

Journal of Labour Economics

Edited by: David Card and @POreopoulos

#ACEA2020 @CanEconomics
Here's a link to the volume: journals.uchicago.edu/toc/jole/2019/…

which includes papers by lots of top Canadian academics such as @kevinmilligan @tammyschirle @KoryKroft @fabolange @mikalskuterud @MilesCorak Casey Warman and others not on Twitter ;)

#CdnEcon
....Now streaming: Doug Purvis Memorial Lecture presented by Professor Anne Case economics.ca/events/doug-pu…

results from her new book "Deaths of Despair" with Angus Deaton

#CdnEcn
Read 8 tweets
25 Mar 20
Any thoughts on this #CdnEcon?

I've heard this refrain a lot in the lat few weeks.

It's too hard to forecast right now, so we won't attempt to do so.

What do you think?
...As someone who has spent many years forecasting, this reaction strikes me as incredible --- especially among forecasters.

Of course any point forecast will be wrong, it was also so.
...But one key point of a forecast --- is *the exercise* of doing the forecast.

It forces you to sit down, as a collective team, reflect, educate yourself on recent developments and importantly use data, analysis and modelling to quantify a complicated and uncertain world.
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(