Robson, Wu – Senior Governments’ Fiscal Projections vs. Results: A Tale of Two Ledgers

From: William B.P. Robson and Miles Wu To: Canada’s Ministers of Finance Date: December 21, 2021 Re: Senior Governments’ Fiscal Projections vs. Results: A Tale of Two Ledgers In theory, management of public funds by Canada’s federal, provincial and territorial governments reflects the preferences Canadians express through their elected representatives. In reality, the chain of […]

Robson, Wu – More Reliable Budgets: Ottawa Should Lead the Way

From: William B.P. Robson and Miles Wu To: Finance Minister Chrystia Freeland Date: December 13, 2021 Re: More Reliable Budgets: Ottawa Should Lead the Way With preparations for the 2022 federal budget under way, the transparency and reliability of the federal government’s financial documents should be front of mind. Size alone makes the federal government […]

Nos gouvernements hyperactifs – La Presse Opinion

Il y a des jours où on aimerait les ralentir avec une solide dose de Ritalin, tellement nos gouvernements nous étourdissent par leur hyperactivité. Mais il faut bien admettre que les défis actuels exigent encore des actions énergiques, qui n’iront pas sans pots cassés.

Les gouvernements du Québec, toutes couleurs confondues, ont toujours été interventionnistes. Toutefois, la frénésie actuelle du cabinet Legault rappelle les premiers mandats Lesage et Lévesque ; pas tant pour la création de nouvelles institutions que par l’intense utilisation des leviers existants.

Le combat contre la COVID-19 fait toujours la une avec la troisième ronde de vaccination, les règles sanitaires allégées et le renforcement de notre…

S3 E24: Reliable Budgets and Transparency with Bill Robson

Canada’s federal, provincial, and territorial governments have over the last 20 years routinely blown their budgets. Senior governments have overshot their spending targets by a combined $119B, while underestimating tax revenue by as much as $143B. C.D. Howe Institute CEO Bill Robson joins Michael Hainsworth to discuss why governments are so far off their mark […]

Don Drummond – Upcoming Fall Fiscal Update Must Answer Questions About Growth Strategy

From: Don Drummond To: Finance Minister Chrystia Freeland Date: December 2, 2021 Re: Upcoming Fall Fiscal Update Must Answer Questions About Growth Strategy Fiscal Updates were created to support a national dialogue on the solutions to challenges without the pressure of immediate policy action as attends a budget. There has never been a greater need for such a […]

Kronick, Laurin – Taxing Big Banks and Insurers – Unlikely to Go the Way Planned

From: Jeremy M. Kronick and Alexandre Laurin To: Finance Minister Chrystia Freeland Date: November 30, 2021 Re: Taxing Big Banks and Insurers – Unlikely to Go the Way Planned Most people understand and agree with the notion that taxation should be progressive – people who earn more should bear a greater burden of funding the services provided by government […]

Kevin Milligan – Three Principles for a Fall Economic Statement

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 […]

Trouble on the Bottom Line: Canada’s Governments Must Produce More Reliable Budgets

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 […]

The Skills Imperative: Workforce Development Strategies Post-COVID

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 […]

Martin Eichenbaum – Meet r Minus g: A New Way to Worry about Deficit Spending

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 […]

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