From: Kevin Milligan To: Canadian fiscal observers Date: November 26, 2021 Re: Three Principles for a Fall Economic Statement Finance Minister Chrystia Freeland’s impending Fall Economic Statement will divulge some good news, impart some bad news, and set the stage for some tough choices. The good news will be that federal revenues are likely to be much higher than […]
Bottom Line: Canadian Governments’ Budget Overshoots Mean Higher Spending and Taxes Over the course of 20 fiscal years, Canada’s federal, provincial and territorial governments routinely overshot their annual budget targets, says a new report from the C.D. Howe Institute. Authors William B.P. Robson and Miles Wu find that since 2000/01, Canada’s senior governments have overshot […]
Canada Lags Peers in Upskilling Workers, Needs to Plug Gaps Canada stands below the top-performing countries in skills development, and has no comprehensive approach toward lifelong learning, according to a new report from the C.D. Howe Institute. Authors Parisa Mahboubi and Momanyi Mokaya find that long-term unemployed and low-income, low-educated workers are slipping between the […]
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. […]
From: Martin Eichenbaum To: Canadian deficit watchers Date: October 1, 2021 Re: Meet r Minus g: A New Way to Worry about Deficit Spending Should Canadians worry about the level of government debt when interest rates are so low? Yes. But the primary danger doesn’t come so much from Canada. Instead, it comes from the fiscal behavior of the […]
Canadians entrust their governments with large amounts of money. Ideally, it should be easy for motivated non-experts to verify whether their governments are deserving of that trust via timely and transparent financial reporting and fiscal accountability. Unfortunately, too many governments present information that is opaque, misleading, and late. The C.D. Howe Institute’s annual report card […]
Stars and Dogs: How Senior Governments Rank on Fiscal Transparency Financial reporting by Canada’s senior governments has improved over time, but setbacks and deficiencies threaten accountability to Canadians, says a new report from the C.D. Howe Institute. Authors William B.P. Robson and Miles Wu present the C.D. Howe Institute’s latest annual report on the accessibility, […]
In the home-stretch of Election 2021, how have the key parties fared? The NDP’s Jagmeet Singh and the PPC’s Maxime Bernier stole some of the thunder from the Liberals and Conservatives. Strategists Jenni Byrne and Scott Reid join the C.D. Howe Institute Podcast to discuss what’s going on in the final days.
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 […]
As the Delta variant fuels a fourth wave of Coronavirus, small business in Canada is worried about another lockdown. The Canadian Federation of Independent Business reports only one third of businesses are back to “normal” and it fears Ottawa is moving too fast on winding-down support programs. President and CEO Dan Kelly joins the C.D. […]
From: Don Drummond To: Canadian debt watchers Date: August 11, 2021 Re: It’s 2035. Do you know where your deficit is? As the Liberal government in Ottawa starts ramping up for the big October 19 celebration of Prime Minister Justin Trudeau’s 20 years in power, fiscal storm clouds loom. A gradual but modest rise in interest rates, the continuation […]
To: Canadians concerned about carbon From: Joel Balyk, Brian Livingston, Sara Hastings-Simon and Grant Bishop Date: August 9, 2021 Re: Unpacking Ottawa’s Ambitious Carbon Plan for Cars and Trucks The federal government’s “strengthened climate plan,” projects a reduction of 213 megatonnes of greenhouse gas (GHG) emissions – or 30 percent of 2018 nationwide GHGs – by 2030. It seeks […]
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