Mergers and Inquisitions? Competition Bureau's Merger Review Needs Improvement
October 26, 2017
Report of the C.D. Howe Institute's Competition Policy Council The Competition Bureau and the government should work to introduce measures to improve the efficiency, consistency, and predictability of the Canadian merger review process, according to the consensus of the C.D. Howe Institute’s Competition Policy Council, which held its fourteenth meeting on October 17, 2017. The Competition Act provides for reviews of mergers by the Commissioner of Competition, who heads the Competition Bureau, to determine whether such transactions are likely to prevent or lessen competition substantially. The Bureau’s merger review process is taking longer, although part of the delay may be due to matters outside of the…Bank of Canada Should Hold Overnight Rate at 1.00 Percent Next Week; Hike to 1.50 Percent by October 2018: C.D. Howe Institute Monetary Policy Council
October 19, 2017 — The C.D. Howe Institute’s Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on October 25, 2017, and keep it there at its December setting. The MPC called for the Bank to hike to 1.25 percent by April of 2018, with a further increase to 1.50 percent by October 2018.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council. Council members make recommendations for the Bank of Canada’s…
Bank of Canada Should Hold Overnight Rate at 0.75 Percent Next Week; Hike to 1.25 Percent by September 2018: C.D. Howe Institute Monetary Policy Council
August 31, 2017 — The C.D. Howe Institute’s Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 0.75 percent at its next announcement on September 6, 2017. The MPC called for the Bank to hike to 1.00 percent at the following announcement in October, with a further increase to 1.25 percent by September 2018.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council. Council members make recommendations for the Bank of Canada’s upcoming interest-rate…
Canada's NAFTA Challenge and the Reality of Chapter 19
August 11, 2017 - Dispute resolution has been a perennial hot-button issue in Canada-US trade talks for decades. And the upcoming renegotiation of the North American Free Trade Agreement (NAFTA) is no different.
In a special C.D. Howe Institute Communique, trade expert Lawrence Herman reviews the history, usage and outcomes of the dispute mechanism in NAFTA’s Chapter 19, providing an essential piece of analysis as negotiators and the broader Canadian public grapple with the complexities of the issue in the coming days.
What this overview attempts to do is to explain some of the underlying points that are glossed over in the US when complaints are levied against the binational panel system, showing the confined use of the…
Bank of Canada Should Hold Overnight Rate at 0.50 Percent Next Week; Hike to 1.25 Percent by July 2018: C.D. Howe Institute Monetary Policy Council
July 6, 2017 — In a tight vote, the C.D. Howe Institute’s Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 0.50 percent at its next announcement on July 12, 2017. The MPC called for the Bank to hike to 0.75 percent at the following announcement in September, with further hikes to 1.00 by January 2018 and 1.25 by July 2018.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s President and CEO, chairs the Council.
Council members make recommendations for the Bank of…
