The budget should think inside the box — the IP Box – Financial Post Op-Ed
Finance Minister Chrystia Freeland tables the federal budget Thursday. She should use the occasion to implement policies that would improve Canada’s lacklustre innovation. A useful step in that direction would be to announce that income from patents and other intellectual property (IP) will be taxed at a special low rate. Generally described as an “IP Box,” such an initiative would boost Canada’s flagging R&D spending, raise our low commercialization rate, and stem an outflow of IP profits to tax havens.
As I explain in a C.D. Howe Institute paper published today, two developments make this a good time for an IP Box. The first is an OECD-inspired international agreement that income taxed at a preferential rate must be derived…
Perrault, Haley – Picking up the Twenties: A Simple Proposal for Internal Free Trade
From: Jean-François Perrault and James A. Haley To: Internal Trade Watchers Date: March 18, 2022 Re: Picking up the Twenties: A Simple Proposal for Internal Free Trade Internal trade barriers are universally understood to needlessly hobble Canadian prosperity even as a “collective action problem” prevents any serious reform. Tariffs on interprovincial trade are prohibited under the Constitution Act, […] S4 E3: Shoppers’ Online Choices Transform Retail
COVID-19 has left its mark on Canadian retailers. However, what does this mean for your favourite “touchless” commerce? Retail analyst Bruce Winder joins Michael Hainsworth and the C.D. Howe Institute’s Vice President, Research Daniel Schwanen to discuss his new report. Read the full report Robson, Wu – Canada’s Investment Imperative: Stronger Business Investment. Can We Get It?
From: William B.P. Robson and Miles Wu To: Canadians Concerned about Prosperity Date: February 2, 2022 Re: Canada’s Investment Imperative: Stronger Business Investment. Can We Get It? The Bank of Canada’s latest Monetary Policy Report, issued with its interest rate decision last week, highlighted the importance of business investment to Canada’s economy in two ways. One was front and […] Shoppers’ Choice: The Evolution of Retailing in the Digital Age
The explosive growth of online shopping is reshaping Canadian retail by empowering consumers with unprecedented choice, driving omnichannel innovation, and intensifying competition. Ounce of Prevention is Worth a Pound of Cure: Seniors’ Care After COVID-19
Transformative Change Needed in Senior’s Care Major investments and significant changes should be made in the long-term care sector, according to a new report from the C.D. Howe Institute. Author Rosalie Wyonch recommends expansions in both residential and homecare so Canadian seniors can receive care when they want it, where they want it. The report […] S3 E22: Canada’s Economic Recovery with John Stackhouse and Cynthia Leach
We welcome back RBC’s John Stackhouse and Cynthia Leach to discuss how an estimated $280B saved by Canadian households during the pandemic will impact economic recovery, and what role public policy should play in guiding Canada out of the pandemic tunnel and into the light.Janis Sarra – Directors Need Help on Climate Change
From: Janis Sarra To: Canada’s Boards of Directors Date: November 22, 2021 Re: Directors Need Help on Climate Change Climate change considerations are looming large in corporate boardrooms as directors grapple with emerging reporting rules. The latest development came with Mark Carney’s announcement at the COP26 summit in Glasgow of the Global Finance Alliance for Net Zero (GFANZ), whose […] A Passport to Success: How Credit Unions Can Adapt to the Urgent Challenges They Face
Credit Unions Must Go Big on Digital, Scale up to Thrive Credit unions face urgent challenges in the digital revolution, including the need for large new investments in technology and room to expand, according to a new report from the C.D. Howe Institute. With the digital revolution underway, most credit unions outside of Quebec are […] Canada has to transform its economy – or be left behind – Globe and Mail Op-Ed
Canadian governments are counting on strong economic growth to reduce debt burdens that ballooned during the pandemic. But realizing that growth depends on how well Canadian businesses adapt to rapidly changing market realities.
In the near term, Canada’s economic recovery looks promising as business activity bounces back.
In the longer term, however, Canada’s economy faces strong headwinds that are not being factored into government projections. Canada’s economic challenges go beyond slowing labour force growth and modest productivity gains. Fiscal recovery forecasts do not consider the probability of more frequent and costly natural disasters or the implications of the global economic transformation to stave off the…
Daniel Schwanen – Reform of the Competition Act
From: Daniel Schwanen To: The Incoming Canadian Parliament Date: October 8, 2021 Re: Reform of the Competition Act Parliament will be considering, in due course, reforms to Canada’s Competition Act to modernize it for the digital age. This is welcome, as long as it does not create greater barriers to investment and innovation in digital […] Daniel Schwanen – Ill-Thought Regulation Risks Canadian Access to the Full Benefits of Digital Technology
From: Daniel Schwanen To: The Incoming Canadian Parliament Date: October 7, 2021 Re: Ill-Thought Regulation Risks Canadian Access to the Full Benefits of Digital Technology Canada’s newly elected Parliament will be considering a bevy of proposals for reforms aimed at regulating how Canadians interact with social media platforms and other providers of digital services and content. […]