Trends, Peaks, and Troughs: National and Regional Employment Cycles in Canada

Ronald D. Kneebone & Margarita Gres
When the 2008 global recession hit Canada and national unemployment rates began to rise, the federal government soon found itself under pressure to do something to help. That something ended up being the Economic Action Plan, a multi-billion-dollar spending initiative spread across the country. But, in at least one part of the country, no help was really needed at all. In New Brunswick, the recession had barely any impact on the state of the job...
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