Robson, Laurin – Tax Relief for the 2019 Federal Budget
To: The Honourable Bill Morneau, Minister of Finance From: William B.P. Robson and Alexandre Laurin Date: February 11, 2019 Re: Tax Relief for the 2019 Federal Budget The C.D. Howe Institute’s Shadow Federal Budget for 2019 last week aims to enhance Canada’s competitiveness and dynamism, while setting the stage for a return to surpluses during the next Parliament. Today we examine […] Bill Robson on BNN – Ottawa should get back in the black
The C.D. Howe Institute is calling on the federal government to plot a path back to balanced budgets by 2024. For more on this, BNN Bloomberg spoke with C.D. Howe president and CEO Bill Robson.
Less Debt, More Growth: A Shadow Federal Budget for 2019
February 7 – Ottawa should spur growth through better tax competitiveness and get back into the black by curbing overspending, says the C.D. Howe Institute’s annual Shadow Federal Budget. In “Less Debt, More Growth: A Shadow Federal Budget for 2019”, authors William B.P. Robson and Alexandre Laurin show Ottawa could balance its budget in 2023/24 […] Parisa Mahboubi – Talking about the Generations
From: Parisa Mahboubi To: Canada’s finance and employment ministers Date: February 6, 2019 Re: Talking about the Generations While large government deficits and debt raise concerns regarding intergenerational fairness, the longterm intergenerational impacts can significantly differ, depending on demographic shifts and future economic policy. In particular, population aging in Canada has accelerated during the past decade due to […] Landon, Smith – Discount Rates Matter And Here’s Why
From: Stuart Landon and Constance Smith To: Canada’s Pension Regulators Date: February 4, 2019 Re: Discount Rates Matter and Here’s Why Our new C.D. Howe Institute Commentary examines how the choice of a pension plan discount rate affects the tradeoff between the risk of holding insufficient assets to pay promised benefits and the cost of acquiring more assets. The choice of […] Glen Hodgson – Four (Macroeconomic) Reasons to Worry
From: Glen Hodgson To: Concerned Canadians Date: February 1, 2019 Re: Four (Macroeconomic) Reasons to Worry The American economy is adrift, like a huge sailing ship. When tides are high and winds are favourable, it can be headed in the right direction. But when conditions darken, the US economy will have no mooring or anchor. It could even […] L’équité intergénérationnelle : Nos enfants auront-ils une meilleure vie que nous?
Les générations les plus jeunes et futures sont confrontées à des fardeaux fiscaux nets très élevés : plus élevés que ceux de toutes autres générations, spécialement ceux nés entre le milieu des années 1950 et les années 1990, selon une nouvelle étude de l’Institut C.D. Howe. Dans « L’équité intergénérationnelle : Nos enfants auront-ils une meilleure […] Intergenerational Fairness: Will Our Kids Live Better than We Do?
Today’s youngest and future generations will face very high net tax burdens: higher than those of any other generations, especially those born from the mid-1950s to the 1990s, says a new report from the C.D. Howe Institute. In Intergenerational Fairness: Will Our Kids Live Better than We Do?, author Parisa Mahboubi uses generational accounting to […] Ambler, Kronick – Central Bank Independence Remains Important
From: Steve Ambler and Jeremy Kronick To: Concerned Canadians Date: January 18, 2019 Re: Central Bank Independence Remains Important Central bank independence is under increasing attack in several countries. Best-known is Donald Trump’s attack on the Fed for raising interest rates. In October, he went so far as to express regret that he had appointed Jerome Powell as chair […] Alexandre Laurin – Ottawa Wins From Ontario’s Proposed Childcare Rebate
From: Alexandre Laurin To: The Honourable Bill Morneau, Minister of Finance Date: January 16, 2019 Re: Ottawa Wins from Ontario’s Proposed Childcare Rebate The newly elected government in Ontario pledged in its electoral platform to implement a childcare rebate program, which would reimburse up to 75 percent of the childcare expenses of low-income families, with the childcare subsidy rate […] Mothers at Work: The Fiscal Implications of the Proposed Ontario Childcare Rebate
Ontario PC’s proposed childcare rebate will offer working mothers relief and create a windfall of tax revenues for the federal government, according to a new report from the C.D. Howe Institute. In “Mothers at Work: The Fiscal Implications of the Proposed Ontario Childcare Rebate” authors Jacob Kim and Alexandre Laurin find that the proposed program […] Alexandre Laurin – Canada’s Two-Parent Tax Trap and How to Fix It
Federal budgets are an annual rite of spring in Ottawa, as is the deluge of advice to the Department of Finance. But budget-making is a yearlong process, and the work is now in progress. Accordingly, the C.D. Howe Institute is presenting a series of Intelligence Memos in the next few weeks, outlining recommendations that we […]