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Widely considered to be Canada’s most influential think tank, the C.D. Howe Institute is a source of trusted policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.

The Brief | November 15, 2025

John Manley

Widely considered to be Canada’s most influential think tank, the C.D. Howe Institute is a source of trusted policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.

Research & Insights

Intelligence Memos
Rosy Forecasts and Weak Fiscal Anchors in This ‘Generational’ Budget
Colin Busby, Don Drummond, Alexandre Laurin
Is Spending Restrained or Bloated in the 2025 Federal Budget?
Nicholas Dahir, Don Drummond
Opinion / Editorial
It’s time for Canada to take control of stablecoins
Jeremy Kronick, Peter MacKenzie, Mark Zelmer
The continuing credibility crisis of federal fiscal policy
William B.P. Robson
Podcasts

Latest Videos

Don Drummond on CBC News Power and Politics with David Cochrane
C.D. Howe Institute fellow-in-residence Don Drummond says the economic forecast in the Liberal budget effectively says to ‘don’t worry, be happy’ despite the impacts of a U.S. trade war, suggesting a rebound in growth and employment in just a couple of years. Drummond argues that the measures in the budget fall short of the Liberals’ […]

Graphic Intelligence

Three Years, 70 Billion Dollars: Canada’s Rising Spending Projections

The trajectory of spending projections in each successive federal Fall Economic Statement (FES) since 2022…

Business Insolvencies Climb to a 10-Year High

Business insolvencies surged to 6,188 in 2024 – the highest level in the past 10…

Canada’s Energy Exports Beyond the US Hit Historic Highs

The share of Canada’s exports of mineral fuels and products* to non-US destinations has reached…

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C.D. Howe Institute Unveils Historic $2M Gift from Business Leader and Philanthropist Donald K. Johnson, O.C.