Crude oil’s price volatility over the past several months, combined with the subsequent job cuts, Alberta’s darkening financial prospects, disappearing federal revenues and a loonie in free-fall have made it clear that as far as the Canadian economy is concerned, we are still very much hewers of wood and drawers of water. Or are we? How do we quantify the net impact to Canada’s GDP of the extractive resource industries? What are its knock-on effects in other sectors such as banking and the financial sector? What happens when environmental costs and subsidies are factored in?
Spur invites Mike Moffat, Ivey Busniess School professor and chief economist at the Mowat Centre; Brett House, economist and senior fellow at the Jeanne Sauve Foundation; and moderator Brian Milner, Globe and Mail global markets columnist, as they discuss the impact of extraction.
- April 12, 2015
- 5:30 pm
- Isabel Bader Theatre, 93 Charles Street West, Toronto