Economics

The Carbon Tax was first introduced into Canada’s federal legislation in 2018 and officially began collecting revenues on April 1, 2019.  The Carbon Tax attaches a fee to activities which produce emissions from fossil fuels. These fossil fuels include coal, oil, gasoline, or natural gas. The Carbon Tax operates in all sectors of the Canadian …

In this quick guide, we’ll dive deep into the relationship between inflation and unemployment, explore the underlying theories, and examine real-world examples to illustrate their impact on each other. Defining Inflation and Unemployment Before we delve into their relationship, let’s define inflation and unemployment: The Philips Curve: A Theoretical Framework The Philips Curve, named after …