Energy update
Article Abstract:
'Connections: An Energy Strategy for the Future' was published by the Economic Council in early 1984 and expressed concern regarding the scope of Canadian energy objectives. The new energy strategy proposed by the Council called for revenue sharing between the provincial and federal governments, settling issues related to the management of resources, and changes in federally owned land taxation. Since the report was issued, there have been major energy policy developments. Briefly discussed are: The Atlantic Accord, The Western Accord, The Quebec Budget, The New Frontier Energy Policy, and The Natural Gas Pricing Agreement.
Publication Name: Au Courant
Subject: Business, international
ISSN: 0226-224X
Year: 1986
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New subsidies would raise living standards
Article Abstract:
Canadian government loans to private industries amounted to $17.5 billion, and $27.5 billion had been spent in support of insurance and guarantees on loans, as of March 31, 1980. According to a report issued by the Economic Council of Canada, these moneys could be better utilized if paid to industries in the form of production subsidies that encourage investment and increase productivity, thereby raising Canada's standard of living. The report estimates that production subsidies could raise the living standards by $92 million without increasing government expenditures.
Publication Name: Au Courant
Subject: Business, international
ISSN: 0226-224X
Year: 1984
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Newfoundland revisited
Article Abstract:
The province of Newfoundland has the highest debt in all of Canada and is undergoing its worst recession in 50 years. Newfoundland's major natural resource industries are fishing and petroleum; falling oil prices and decreasing government subsidies for fisheries are not helping Newfoundland's economy. A report from the Economic Council of Canada recommends government-sponsored employee training programs, rather than direct financial aid, to help reduce Newfoundland's high unemployment levels.
Publication Name: Au Courant
Subject: Business, international
ISSN: 0226-224X
Year: 1984
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