Canadians will likely enjoy $2.1 billion in additional household income by 2035 as a result of the Canada-Korea Free Trade Deal (CKFTA), which entered into force January 1, 2015, according to a new C.D. Howe Institute report. In “The Canada-Korea Free Trade Agreement: What it Means for Canada,” authors Dan Ciuriak, Jingliang Xiao and Ali Dadkhah provide the first in-depth analysis of Canada’s first trade agreement with an Asian economy.

January 15, 2015 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada 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 January 21, 2015. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through to July, and called for a target of 1.25 a year from now.

Full Communiqué: Communique_Jan15.pdf

Between the Lines: Assessing the Impacts of Canada’s First Asia-Pacific Trade Deal

January 15, 2015 – Canadians will likely enjoy $2.1 billion in additional household income by 2035 as a result of the Canada-Korea Free Trade Deal (CKFTA), which entered into force January 1, 2015, according to a new C.D. Howe Institute report. In “The Canada-Korea Free Trade Agreement: What it Means for Canada,” authors Dan Ciuriak, Jingliang Xiao and Ali Dadkhah provide the first in-depth analysis of Canada’s first trade agreement with an Asian economy.

Prince Edward Island faces a $13 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report today from the C.D. Howe Institute. In “Managing the Cost of Healthcare for an Aging Population: Prince Edward Island’s $13 Billion Healthcare Squeeze,” authors William B.P. Robson, Colin Busby and Aaron Jacobs find that demographically sensitive spending threatens large increases in the province’s tax burden over time.

Demography Puts PEI in a $13 Billion Healthcare Squeeze

January 9, 2015 – Prince Edward Island faces a $13 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report today from the C.D. Howe Institute. In “Managing the Cost of Healthcare for an Aging Population: Prince Edward Island’s $13 Billion Healthcare Squeeze,” authors William B.P. Robson, Colin Busby and Aaron Jacobs find that demographically sensitive spending threatens large increases in the province’s tax burden over time.

Newfoundland and Labrador face a $65 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing Healthcare for an Aging Population: Are Demographics a Fiscal Iceberg for Newfoundland and Labrador?,” authors William B.P.

Demographics Risk Being the Fiscal Iceberg That Sink Newfoundland and Labrador’s Finances

January 8, 2015 – Newfoundland and Labrador face a $65 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing Healthcare for an Aging Population: Are Demographics a Fiscal Iceberg for Newfoundland and Labrador?,” authors William B.P.

Nova Scotia faces a $89 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Delivering Healthcare to an Aging Population: Nova Scotia’s Fiscal Glacier,” authors William B.P. Robson, Colin Busby and Aaron Jacobs find that the current configuration of demographically sensitive spending threatens to require a 70 percent increase in the province’s tax take.

Nova Scotia Must Deal With $89 Billion Healthcare Glacier, or Risk Fiscal Deep Freeze

January 7, 2015 – Nova Scotia faces a $89 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Delivering Healthcare to an Aging Population: Nova Scotia’s Fiscal Glacier,” authors William B.P. Robson, Colin Busby and Aaron Jacobs find that the current configuration of demographically sensitive spending threatens to require a 70 percent increase in the province’s tax take.

New Brunswick Must Deal With $68 Billion Healthcare Glacier, or Risk Entering a Fiscal Ice Age

January 6, 2015 – New Brunswick faces a $68 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing the Costs of Healthcare for an Aging Population: The Fiscal Impact of New Brunswick’s Demographic Glacier,” authors William B.P.