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boom

Crisis in Labrador West: boom, bust, repeat

in Journalism by

Economic downturn in mining activity is devastating the communities of Labrador City and Wabush.

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Anatomy of a boom (Part 2)

in Politics by Numbers by

If the boom has not led to a marked increase in inequality, the same cannot be said for government policies. They markedly increased our levels of inequality.

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Anatomy of a boom (Part 1)

in Politics by Numbers by

Between 2005 and 2009 assessed incomes in Newfoundland and Labrador increased by 49%. The boom we are experiencing is without precedent in Canadian history, but it is also exceptional for a quite different reason.

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Newfoundland moves up in economic rankings

in Daily Indygestion/Email Indygestion/Journalism by

Canada’s resource boom has apparently been good for the people of Alberta, Newfoundland and Saskatchewan. The three resource-rich provinces are 1, 2 and 3 respectively in a ranking of economic well-being compiled by the Ottawa-based Canadian Centre for the Study of Living Standards. Newfoundland stands out for the significant strides it’s made in the three decades covered by the index — a weighted measure of consumption, wealth, economic security and economic equality. Newfoundland, which was dead-last in 1981, now ranks No. 2 with a score of 0.639, significantly above the national average of 0.562 and well above Ontario at 0.538. You can read the report here. Source: The Globe and Mail

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