A decade ago, a buyout giant took over a group of Catholic medical centers and made some clever financial moves. The pandemic highlights the strategy’s success—and its cost.
Learn how to create professional graphics and plots in R (histogram, barplot, boxplot, scatter plot, line plot, density plot, etc.) with the ggplot2 package
Economists use different models to estimate the neutral rate. Widely cited
estimates from Federal Reserve economists Kathryn Holston, Thomas Laubach and John Williams put the real (or inflation-adjusted) neutral rate at about 0.6% in the United States as of the second quarter of 2018. This measure has declined over time. The chart below shows the Holston, Laubach, Williams (HLW) estimate of the long-run neutral rate for the US since the 1970s. Since 1972, the estimated neutral rate has declined by 2.8 percentage points.
Canada’s largest lenders are warning Prime Minister Justin Trudeau’s government it doesn’t have carte blanche to run massive budget deficits, even though there’s some room for additional spending in the next couple of years.
Advanced economies should not worry about debt, but instead take advantage of historically low borrowing costs to increase spending on infrastructure maintenance immediately, the IMF said in a report published on Monday.
Under these agreements an organization will receive base funding but can receive more if performance targets are met or exceeded. Performance targets will vary based upon the specific needs of a region and may include any combination of measurable criteria such as employment, job retention, wage levels, or barriers faced such as: age, time spent out of the workforce, being indigenous, or being a newcomer. This approach will be used provincewide when new contracts for services are required.
Canada's 147 public universities spent $28.9 billion during the 2018/2019 academic year and had revenues of $30.7 billion. To assess the potential financial impact of the pandemic on universities, projection scenarios were developed and indicate that they could be facing losses ranging from $377 million (-0.8%) to $3.4 billion (-7.5%) in 2020/2021.
Nearly sixty percent (59%) of educators and administrators say they aren’t sure or haven’t received new cybersecurity initiatives or training for remote learning, despite 78% of educators saying they’re currently utilizing some type of online learning.
The objective of this paper is to develop a composite index to characterize the intensity of digitalization in Canadian industries. Because of the ubiquitous presence of digitalization and businesses’ and individuals’ increasing reliance on digital products and services, it is important to measure digitalization to better understand its impact on the Canadian economy. This paper first adopts multidimensional metrics to measure the extent to which firms use digital inputs to produce goods and services, using data on information and communications technology (ICT) capital, the use of intermediate ICT goods and services, the digital workforce, and robot adoption. A composite index is then constructed from these multidimensional metrics through a principal component analysis. The final index shows that digital intensity in production improved continuously from 2000 to 2015 in the Canadian economy. While almost all industries have become more digitally intensive over time, digitalization tends to be uneven across Canadian industries. The information services; telecommunications; professional, scientific and technical services; and machinery, computer, electronic product and transportation equipment manufacturing industries are among the leaders in digital intensity. Their intensities were high at the beginning of the sample period and increased significantly over time. Conversely, agriculture, mining, construction, and most manufacturing and transportation industries are among the least digitally intensive sectors, starting out low and increasing slightly over time.
The partnership includes $16.3 million, funded in part by the Government of Canada's Innovative Work-Integrated Learning program to CEWIL to fund grants that will enable the creation of curricular work-integrated learning (WIL) focusing primarily on applied research/industry projects, entrepreneurial WIL, field placements, and service-learning WIL. CEWIL is accepting proposals for 8150 WIL experiences through its new CEWIL Innovation Hub (iHUB), a centre of expertise that supports the advancement, innovation and access to WIL while ensuring projects are delivered with appropriate quality and learning standards for students.
Colleges and Institutes Canada (CICan) is the national and international voice of Canada’s publicly supported colleges, institutes of technology, cégeps, polytechnics and universities with a college mandate.
(Bloomberg) -- President Joe Biden has selected Celeste Drake, a longtime trade expert from AFL-CIO, to be the first director of his initiative to steer more federal dollars to U.S. manufacturers and producers, an administration official said.
Global emissions scenarios play a critical role in the assessment of strategies to mitigate climate change. The current scenarios, however, are criticized because they feature strategies with pronounced overshoot of the global temperature goal, requiring a long-term repair phase to draw temperatures down again through net-negative emissions. Some impacts might not be reversible. Hence, we explore a new set of net-zero CO2 emissions scenarios with limited overshoot. We show that upfront investments are needed in the near term for limiting temperature overshoot but that these would bring long-term economic gains. Our study further identifies alternative configurations of net-zero CO2 emissions systems and the roles of different sectors and regions for balancing sources and sinks. Even without net-negative emissions, CO2 removal is important for accelerating near-term reductions and for providing an anthropogenic sink that can offset the residual emissions in sectors that are hard to abate. Current emissions scenarios include pathways that overshoot the temperature goals set out in the Paris Agreement and rely on future net negative emissions. Limiting overshoot would require near-term investment but would result in longer-term economic benefit.
Small island developing states are currently faced with two significant challenges that are more onerous due to limited financial resources: adapting to increasing climate change risk and recovering from the pandemic. Debt-for-climate swaps provide an avenue for SIDS to address these challenges.
Policies and labour movement actors in France, the United Kingdom, Germany, Norway, Spain, Poland, Colombia, Mexico and the Philippines Decades have passed since science established that climate change is real and due to human activities. Some big fossil fuel companies received the first scientific reports about the negative effects on the climate of producing and