The Alberta Referendum: What's at Stake

Canada Built the AI. Now Build the Market.

From: Harvey Naglie  To: Innovation Observers  Date: September 8, 2026  Re: Canada Built the AI. Now Build the Market.  Canada’s artificial-intelligence problem is coming into focus. We know how to produce research, talent and promising companies. We have not learned how to give those companies a domestic market large and coherent enough to scale in.  […]

A Texas Lesson in Attracting Companies

From: Ari Pandes and L. Daniel Wilson  To: Financial innovation watchers  Date: September 4, 2026   Re: A Texas Lesson in Attracting Companies  On the last Friday in July, the new  Texas Stock Exchange (TXSE) completed its rollout. It now carries every exchange-listed security in the United States, with the New York Stock Exchange and Nasdaq squarely in its sights.  A big and bold […]

The Further Dynamic Gains from the RTR

To: Canadian financial institution customers  From: Peter MacKenzie, Thorsten Koeppl and Jeremy M. Kronick  Date: September 3, 2026  Re: The Further Dynamic Gains from the RTR This is the second of two Memos looking at the importance of adopting the Real-Time Rail for retail payments in Canada.  Yesterday, we made the economic case for​ ​Canada’s […]

Update on Cost Savings From the RTR

To: Canadian financial institution customersFrom: Peter MacKenzie, Thorsten Koeppl and Jeremy M. KronickDate: September 2, 2026Re: Update on Cost Savings From the RTR This is the first of two Intelligence Memos looking at the importance of adopting the Real-Time Rail for retail payments in Canada. Payments have increasingly become more digital in the global economy, allowing people and […]

With launch of stock exchange, Texas completes bid to become new corporate hub of America

Published in the Financial Post. On the last Friday in July, the new Texas Stock Exchange (TXSE) in Dallas completed its rollout. It now carries every exchange-listed security in the United States, with the NYSE and Nasdaq squarely in its sights. A big and bold bet, in true Texas fashion. But the exchange is not the biggest thing that was built. […]

AI Scribes Demonstrate Healthcare AI’s Potential, but Fragmentation Risks Canada’s Commercialization Opportunity

August 25, 2026 – Artificial intelligence (AI) scribes have demonstrated strong clinician demand and measurable benefits, but Canada’s fragmented procurement and regulatory systems could prevent the country from safely translating early adoption into a competitive healthcare AI sector, according to a new Communiqué from the C.D. Howe Institute’s Health Sector Economic Growth and Resilience Working Group.  Composed of experts from […]

Scaling Up: Commercializing Health AI in Canada

Scaling Up: Commercializing Health AI in Canada Health Sector Economic Growth and Resilience Working Group Fourth meeting of the C.D. Howe Institute’s Health Sector Economic Growth and Resilience Working Group Meeting Overview The C.D. Howe Institute’s Health Sector Economic Growth and Resilience Working Group met for its fourth session on June 23, 2026, to examine […]

Les transcripteurs par IA illustrent le potentiel de l’IA dans le secteur de la santé, mais la fragmentation compromet les chances du Canada en matière de commercialisation

25 août 2026 – Les logiciels de transcription numérique basés sur l’intelligence artificielle (scribe IA) suscitent un fort intérêt auprès des cliniciens et offrent des avantages mesurables. Cependant, selon un nouveau communiqué du Groupe de travail sur la croissance économique et la résilience du secteur de la santé de l’Institut C.D. Howe, la fragmentation des […]

Canada’s Productivity Problem is a Superstar-Firm Problem – And AI is Our Chance to Fix It

From: Joel Blit  To: AI watchers  Date: August 12, 2026  Re: Canada’s productivity problem is a superstar-firm problem – and AI is our chance to fix it Canada’s ongoing productivity crisis is usually explained through a familiar set of factors: The industrial mix, small average firm size, weak business investment, lack of competition, and a risk-averse culture.  While […]

 Canada’s Trade Problem Is a Productivity Problem

From: Parisa Mahboubi and Tingting ZhangTo: Economy observers Date: July 28, 2026Re: Canada’s Trade Problem Is a Productivity Problem When Canada went into its first review of the Canada-United States-Mexico Agreement (CUSMA), the debate centred on tariffs, market access, and potential job losses. Those concerns are well-founded. More than 70 percent of Canadian merchandise exports go to the […]

Canada’s 2026 Capital Spending Growth Is Concentrated in a Few Sectors

Intentions for non-residential capital spending in Canada in 2026 increased by $14.4 billion from 2025. However, nearly all of that gain was concentrated in just a handful of sectors, with the top four accounting for roughly $17 billion in additional investment. By contrast, 11 of 20 industries plan to reduce capital spending, with manufacturing capital spend expected to […]

Pulling Together to Meet Canada’s New Moment

From: Blake C. Goldring  To: Defence watchers Date: June 15, 2026  Re: Pulling Together to Meet Canada’s New Moment In 1939, Canada was not an industrial power. Its 10,000-man military was threadbare, its procurement system buried in red tape, and its capital markets had no framework for financing national security. Then C.D. Howe took charge. Within a […]

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