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The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. Widely considered to be Canada's most influential think tank, the Institute is a trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.

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08 Sep 2017
Sep
08
Ontario has announced that it will restrict retail of recreational marijuana to LCBO-run stores. Only 40 of these locations will be in place by next July 1, the federal target date for decriminalization, with a total of 150 locations expected by 2020. While this plan gets some things right, it is a missed opportunity and nearly the most ineffective possible choice to accomplish the goals of minimizing the black market and protecting public health. First, while 40 retail locations may sound sufficient, compare that with the at least 100 retail storefronts and delivery services for marijuana currently advertised in Toronto alone. Having few retail locations means that access to recreational marijuana will be inconvenient for a significant...
06 Sep 2017
Sep
06
Before Wednesday's Bank of Canada interest-rate hike, financial markets had priced in only a 50-50 chance of such a move. This means that half the market believed the bank would hold rates steady, creating significant market uncertainty. Uncertainty has big economic costs for consumers and businesses alike. Does the bank need to continue to improve its communication to alleviate these costs? The short answer is yes – but the question is how. The thinking on options tends to fall into two camps. In the first camp are those arguing for publishing a conditional interest-rate forecast. One of the primary benefits of such a conditional forecast is to provide realistic expectations to financial markets. Businesses and consumers alike...
02 Sep 2017
Sep
02
Ontario's Education Quality and Accountability Office's 2016/2017 results released this week show that for the second year in a row, only 50 per cent of Grade 6 students met the provincial math standard, compared with 61 per cent ten years ago. It is important to reverse this trend since early achievement in math is a strong predictor of later success in math and future career options. Another concerning point to emerge from the EQAO tests is that the percentage of students who met the math standard in Grade 3 but did not do so in Grade 6 has increased. This suggests that students are not being well-prepared in lower grades to handle more difficult math concepts. Mathematics is extremely cumulative in nature. A student cannot...

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© 2014 C.D. Howe Institute. All Rights Reserved.