John Lester – Canada’s Support For R&d Is Unbalanced. A Patent Box Would Help.
To: Canadians concerned about innovation From: John Lester Date: September 16, 2021 Re: Canada’s Support for R&D is Unbalanced. A Patent Box Would Help. Election platforms for both major parties contain pledges to reform Canada’s support system for research and development. That is good news, because there is much to improve. Canada provides too much R&D support to […] Declining Vital Signs: Canada’s Investment Crisis
Business Investment in Canada Not Keeping Pace with Workforce or Competitors Abroad Recent figures on Canada’s stock of capital and new investment prefigure lower incomes for Canadian workers, according to a new report released by the C.D. Howe Institute. Authors William B.P. Robson and Miles Wu examine Canada’s stock of business capital and new investment, […] William B.P. Robson on BNN – Canada’s Business Investment Is Lagging Other Countries
Bill Robson, CEO of the C.D. Howe Institute, joins BNN Bloomberg to discuss how business investment in Canada is falling behind other OECD countries, and how this could impact wages and productivity growth for our country going forward.
L’étau réglementaire se resserre sur les cryptos – La Presse Opinion
La partie ne sera pas facile, mais les régulateurs ont commencé à serrer la vis au Bitcoin, à ses milliers de cousins cryptos et aux infrastructures qui gravitent dans cet univers opaque et apatride.
La Financial Conduct Authority du Royaume-Uni, incapable de superviser adéquatement Binance, la plus grande Bourse de cryptomonnaies au monde, interdit ses activités sur son territoire. La plateforme n’a pas répondu aux questions de base posées par le régulateur, qui estime que ses « produits complexes et à haut risque » font courir des « risques significatifs » aux investisseurs.
Binance, incorporée dans les îles Caïman, n’a pas de siège social. Chaque mois, il se négocie sur cette Bourse immatérielle des…
Dachis, Robson – More Economic Policy Issues For This Election Campaign
From: Benjamin Dachis and William B.P. Robson To: Canadian Federal Parties Date: September 3, 2021 Re: More Economic Policy Issues for this Election Campaign Economic policy has featured in the federal election campaign. But not enough. Canadians have heard a few things about housing (the main focus should be boosting supply), childcare (parties should put […] Cutting Square Deals: Drug Prices, Regulation, and Patent Protection
Canada’s Efforts to Reduce Drug Prices Should Avoid “Free Riding” Canada’s efforts to reduce pharmaceutical prices should not come at the cost of contributing our fair share to developing new treatment innovations, and should rely more on negotiations with manufacturers than regulation, according to a new paper released by the C.D. Howe Institute. Authors Åke […] Robson, Wu – The April Budget’s Upbeat Growth Forecast Won’t Happen Without Stronger Business Investment
From: William B.P. Robson and Miles Wu To: Finance Minister Chrystia Freeland Date: June 22, 2021 Re: The April Budget’s Upbeat Growth Forecast Won’t Happen without Stronger Business Investment The backdrop to the long-term fiscal projections in your April budget – real economic growth averaging 2.1 percent annually – was remarkably optimistic. We certainly hope […] Beugin, Shaffer – The Climate Policy Certainty Gap And How To Fill It
From: Dale Beugin and Blake Shaffer To: Infrastructure Minister Catherine McKenna Date: June 4, 2021 Re: The Climate Policy Certainty Gap and How to Fill It Canada now has a pan-Canadian carbon price that is due to rise to $170 per tonne by 2030. Yet some firms appear to be holding off on investing capital in expensive, long-lived, […] Anti-big populism threatens Canadian economic success – Financial Post Op-ed
In a Post op-ed earlier this spring, “Why Canada’s toothless Competition Bureau can’t go after Big Tech,” Vass Bednar and Robin Shaban argued that Canada’s competition authorities are unable to “protect consumers from the dominance of Big Tech firms like Google and Facebook.” They advocated turning the Competition Bureau, a law enforcement agency, into an agency that investigates, and may even impose penalties or remedial action for conduct that has the potential to be anti-competitive. And they proposed giving the Bureau the power to seize data or compel production of business documentation for “market studies” from entities that are not even being formally investigated. As a 2017 report from…
Canada risks becoming house-rich and everything else-poor – Financial Post Op-Ed
Canada’s buoyant housing market, with lots of new construction, booming renovations, and a torrid pace of transactions, has been a good news story in a year that had too few. But as underlined in a recent FP article called “The housing boom that never ends,” the news on housing has been a little too good.
Meanwhile, other business investment – in non-residential structures, machinery and equipment, and intellectual property – has languished. We ended 2020 in a troubling place: recent GDP numbers from Statistics Canada showed that private residential investment almost equaled all other types of private investment in the fourth quarter. In other words, almost half of all private non-consumption spending was on housing.…
Robert Asselin – Canada Needs An R&d Powerhouse Modelled On The Successes Of Darpa
From: Robert Asselin To: Federal Budget Decision-Makers Date: March 22, 2021 Re: Canada Needs an R&D Powerhouse Modelled on the Successes of DARPA When considering Canada’s long-term economic health, it is wishful thinking to assume Canada’s economy can thrive on deficit spending, booming real estate and household consumption. To be sure, post-pandemic we will experience short-term growth through pent-up demand. But soon enough […] S3 E4: Industrial Policy for Industry 4.0
Governments are increasingly using industrial policy to give their Industry 4.0 economies a competitive edge. How should Canada respond after past failures in guiding the invisible hand of the markets? C.D. Howe Institute VP of Research Daniel Schwanen and Fellow-in-Residence Dan Ciuriak on lessons learned, and why we can’t fear the future.