A Better Way to Assess Major Projects

From: David Jones and Tasnim FarihaTo: Major project watchersDate: April 9, 2026 Re: A Better Way to Assess Major Projects  Canada stands at a defining moment for its economic future.  For years, weak productivity growth and chronic delays in building major infrastructure have held back the country’s economic performance. Projects have stalled in regulatory limbo, hindering […]

Canada needs a nation-building roadmap, not just ambition

Published in The Hill Times. Canada stands at a defining moment for its economic future. For years, weak productivity growth and chronic delays in building major infrastructure have eroded the country’s economic performance. Projects have stalled in regulatory limbo, drying up investment in the face of uncertainty, and as a result, Canada’s competitiveness has slipped. And […]

A Steep Climb: Financing Canada’s NATO Commitment while Maintaining Fiscal Discipline

by Colin Busby and Nicholas Dahir Canada’s NATO commitment to raise defence spending to 5 percent of GDP by 2035 will prompt a reshaping of federal finances. Defence spending will approach $150 billion by 2034/35, roughly triple current levels, and rival the annual amount of major transfers to provinces. Under the status quo, higher defence […]

Funding the Five Percent NATO Commitment: What It Will Take to Finish the Job

April 2, 2026 – Having reached the 2 percent of GDP defence spending benchmark, Canada must present a credible financial plan to augment its military capabilities and meet its new 5 percent defence spending target, according to a new report from the C.D. Howe Institute. In “A Steep Climb: Financing Canada’s NATO Commitment while Maintaining […]

The Time is Coming for Solutions to Ontario’s Electricity Distribution Needs

From: Benjamin DachisTo: Ontario Municipal Owners of Electricity Distribution CompaniesDate: March 10, 2026Re: The Time is Coming for Solutions to Ontario’s Electricity Distribution Needs Ontario’s ambitions to build housing and electrify cars, home heating, and other things, is about to hit a bottleneck: municipally owned electricity distribution companies putting the bill for massive grid upgrades […]

Hold the Outrage and Just Buy the F-35s

From: Christopher WorswickTo: Concerned CanadiansDate: March 3, 2026Re: Hold the Outrage and Just Buy the F-35s Canadian anger toward Donald Trump is understandable, but there is a real risk that this leads to poor policy choices. A case in point is the growing pressure to revisit the decision to buy a fleet of American F-35 fighter […]

Let’s just buy the F-35s and not cut off our nose to spite our face

Published in The Globe and Mail. Canadian anger toward U.S. President Donald Trump is understandable, but there is a real risk that this leads to poor policy choices. A case in point is the growing pressure to revisit the decision to buy a fleet of American F-35 fighter jets. In economics, we think that governments should set policy […]

Why Boring is Best for Nation-Building

From: A.J. Goulding To: Major project observers Date: February 24, 2026 Re: Why Boring is Best for Nation-Building   Canada is in the throes of major project mania.   A renewed focus on major projects is welcome, provided they help build a stronger, more productive economy. And while the projects identified to date may all be worthy, they do […]

Ottawa hypes investment but stokes consumption

Published in Financial Post. Even as the gap widens between feeble capital investment in Canada and surging investment in the United States, so does the gap between the Carney government’s hype about investing for prosperity and its actual pursuit of debt-fuelled consumption. Last week, it announced its latest response to affordability concerns: the Canada Groceries […]

There’s No Clear Strategy to Prioritize Nation-Building Projects – So We Made One

February 5, 2026 – Canada faces urgent economic, geopolitical, and climate pressures, and is seeking to accelerate approvals for major projects. However, without a clear, evidence-based method to assess and rank project proposals, the country risks delaying investments essential to economic security, clean growth, and Indigenous Reconciliation, according to a new report by the C.D. […]

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