The Path from the Canada Investment Summit to a More Prosperous Canada

Not Quite the US, But Canada’s Fiscal Challenges Can’t Be Ignored

Without a change in course, slow growth and rising spending will leave Canadians with stagnant living standards while shifting more of today’s burden onto younger and future generations, according to a new C.D. Howe Institute Verbatim. In “The Endgame: Time to Act on Canada’s Economic and Fiscal Challenges,” author Don Drummond warns that Canada’s weak […]

The Endgame: Time to Act on Canada’s Economic and Fiscal Challenges

Edited remarks delivered to the School of Policy Studies, Queen’s University, on September 4, 2026. By Don Drummond Introduction A year ago, I spoke to the incoming 2025/26 Master of Public Administration (MPA) class about the economic and fiscal challenges facing Canada and the need for bold action (Drummond 2025). Conditions have not improved. You […]

Introducing an Alberta Referendum Series: From Talking Points to Realities

To: Concerned Canadians  From: Jeremy M. Kronick and Kate Koplovich  Date: September 14, 2026  Re: Introducing an Alberta Referendum Series: From Talking Points to Realities Canada is at a pivotal moment in its history. We are repositioning ourselves as a country open to investment. But we do so alongside headwinds. Trade uncertainty with our largest […]

Fiscal Redistribution in Canada: Better Principled Than the Debate Suggests

To: Concerned Canadians From: Brian Lewis and Yiming Sun Date: September 14, 2025 Re: Fiscal Redistribution in Canada: Better Principled Than the Debate Suggests  This is part of a weeklong series the C.D. Howe Institute is presenting to better inform the public about the policy issues and complexities of the potential separation of Alberta, and its consequences on Albertans, […]

Canada’s Fiscal Room is Shrinking as Government Debt Rises

  In response to the ongoing trade dispute with the US, Ottawa announced $7.5 billion in business and worker relief. It is useful to examine how much fiscal room Canadian governments have to expand debt obligations. Compared to the dire fiscal situation of 1995-1996, Canada has not yet reached this crisis level. By 2014-15, Canada’s […]

Back to the Future: Guidance from a Historical Perspective of Canada’s Finances

From: Don Drummond and Nicholas Dahir To: Fiscal policy decision-makers Date: August 27, 2026  Re: Back to the Future: Guidance from a Historical Perspective of Canada’s Finances Fiscal anchors, or “guardrails,” are meant to keep governments’ minds on long-term fiscal sustainability as they make annual decisions about revenue, spending and borrowing. In recent years, Ottawa […]

What Happens to Canada When the US Debt Crisis Hits?

What would a US debt crisis mean for Canada? Martin Eichenbaum, Charles Moskos Professor of Economics at Northwestern University and International Fellow at the C.D. Howe Institute, says a US fiscal crisis is a “very high probability event” over his lifetime. The question is not exactly when it will happen, but whether Canada will be […]

What Happens to Canada When the US Debt Crisis Hits?

What would a US debt crisis mean for Canada? Martin Eichenbaum, Charles Moskos Professor of Economics at Northwestern University and International Fellow at the C.D. Howe Institute, says a US fiscal crisis is a “very high probability event” over his lifetime. The question is not exactly when it will happen, but whether Canada will be […]

Putting Programs to the Test: Strengthening the Federal Evaluation Function

Overview by John Lester and Benoît Robidoux Drawing on presentations and discussion at the C.D. Howe Institute’s 2026 Workshop on Strengthening the Federal Evaluation Function, this Conference Report examines why the federal evaluation function produces too little usable evidence to inform expenditure management. It combines the workshop proceedings with additional analysis and recommendations from the […]

Mieux évaluer pour mieux dépenser : un appel à renforcer l’évaluation des programmes fédéraux

6 août 2026 – Alors que le Canada accroît ses dépenses en matière de défense et d’infrastructures, les décideurs fédéraux subissent des pressions croissantes pour prendre des décisions difficiles concernant d’autres postes de dépenses publiques. Or, le système d’évaluation d’Ottawa fournit trop peu de données probantes pour déterminer quels programmes offrent la plus grande valeur aux Canadiens, selon […]

Better Evidence, Better Spending: A Call for Stronger Federal Program Evaluation

August 6, 2026 – As Canada ramps up defence and infrastructure spending, federal policymakers are facing growing pressure to make difficult decisions about other areas of government spending. Yet Ottawa’s evaluation system provides too little evidence to identify which programs deliver the greatest value for Canadians, according to a new C.D. Howe Institute report. In […]

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