Dutch disease not a Canadian issue
A study recently released by The Pembina Institute warns of the "economic downsides" of oil-sands development. The study bolsters the "Dutch disease" charge put forth by New Democratic Party leader Thomas Mulcair and others, claiming that the oil boom hurts the manufacturing sector. The Pembina study also charges that the petroleum sector benefits from preferential tax treatment.
In contrast to these claims, The Macdonald-Laurier Institute recently released a report showing that the oil boom creates manufacturing jobs in Ontario and other provinces, and provides large flows of tax revenue to the federal government.
Read thefull article here.
A study recently released by The Pembina Institute warns of the "economic downsides" of oil-sands development. The study bolsters the "Dutch disease" charge put forth by New Democratic Party leader Thomas Mulcair and others, claiming that the oil boom hurts the manufacturing sector. The Pembina study also charges that the petroleum sector benefits from preferential tax treatment.
In contrast to these claims, The Macdonald-Laurier Institute recently released a report showing that the oil boom creates manufacturing jobs in Ontario and other provinces, and provides large flows of tax revenue to the federal government.
Read thefull article here.