Stablecoin could be really useful money so let’s regulate it like money – Financial Post Op-Ed
The knock-on effects from the failure of Silicon Valley Bank also spread to stablecoins. The day after SVB’s failure, USDC, the world’s second-largest stablecoin, announced it had $US3 billion on deposit with SVB and promptly, but briefly, lost its peg to the U.S. dollar. Some people will see this as another nail in stablecoin’s coffin. In our view, it’s another example of why the federal government needs to establish a legal and regulatory framework for stablecoins that seek to serve as money. If it aims to be money, and it could be money, let’s regulate it like money.
Bitcoin may get all the headlines, but without any asset backing it, it has no future as money. Stablecoins do. They are crypto assets in that they…
Part 3 – Bill Robson on BNN: This budget will increase inflationary pressures
Bill Robson, CEO of the C.D. Howe Institute, joins BNN Bloomberg to talk about investments in cleaner economy. He says investment tax credits are more generally available than targeted spending.
Part 2 – Bill Robson on BNN: The debt-to-GDP ratio is no kind of fiscal anchor
Bill Robson, CEO of the C.D. Howe Institute, joins BNN Bloomberg to talk about a higher debt ratio and fiscal budget.
Show Us Our Money: Fiscal Accountability in Canada’s Cities, 2022
The budgets governments present around the beginning of their fiscal year and the financial statements they publish after the fiscal year has ended are critical tools for legislators and voters. To non-experts, the transparency of these documents matters: from them, readers should be able to understand the government’s plans, see how results differed from […] Laurin, Lester – Today’s Federal Budget Must Correct Course by Showing Discipline, Smarter Taxes and Spending
To: Federal Budget Observers From: Alex Laurin and John Lester Date: March 28, 2023 RE: Today’s Federal Budget Must Correct Course by Showing Discipline, Smarter Taxes and Spending Today’s federal budget is an opportunity for Ottawa to show real fiscal discipline and to demonstrate a commitment to improving Canada’s business investment and productivity […] Bafale, Robson – The Sorry Sag in Business Investment
From: Mawakina Bafale and William B.P. Robson To: Canadian Workers Date: March 28, 2023 Re: The Sorry Sag in Business Investment A core message in former federal finance minister Bill Morneau’s 2022 book, Where To from Here? is that Canada needs faster economic growth, which requires higher business investment. If Canadian living standards fail to keep pace with those abroad, […]Kronick, Munn – Six Banking Lessons From the Moment
From: Jeremy M. Kronick and Duncan T. Munn To: Financial Sector Regulators Date: March 27, 2023 Re: Six Banking Lessons From the Moment With the implosion of systemically important Credit Suisse, the reverberations from Silicon Valley Bank’s failure continue to rattle regulators, investors, and Canadians alike. What is the risk of further financial contagion, globally and for Canadians […] Canadians Deserve Access to More Transparent City Budgets – Op-Ed from The Globe and Mail
City budgets are a mystery to most Canadians. The municipal services they fund are central to our quality of life, and they affect our property taxes and charges for services such as water access and garbage collection. Yet few of us delve into these seminal documents that lay out plans for revenue and expenses for the coming year – and if we do, we likely come away bewildered. Canadians need and deserve more transparent city budgets.
If you have not yet peered into the murk of municipal budgets yourself, we encourage you to visit your own city’s website and search for its most recent budget. We are now well into March, so your municipality’s 2023 budget should be online. If it is not – the lateness of many city budgets is a…
Ernewein, Laurin, Dahir – A New Alternative Minimum Tax for Canada?
To: Federal Budget Observers From: Brian Ernewein, Alexandre Laurin and Nicholas Dahir Date: March 27, 2023 Re: A new Alternative Minimum Tax for Canada? In the 1984 federal leaders’ election debate, Brian Mulroney set the stage for the introduction of a personal minimum tax in Canada: I think it’s unfair that an individual not pay a minimum tax . […] Part 1 – Bill Robson on BNN: We see a whole lot more spending that isn’t financed by current taxes
Bill Robson, CEO of the C.D. Howe Institute, joins BNN Bloomberg to discuss the highlights from the Liberals 2023-2024 Federal Budget.
Why Canadians Should Pay Attention to Competition Policy Review – Webcast
The Case for Small Nuclear Reactors with John Richards and Gary Rose
Solar and wind won’t get us all the way to Net Zero by 2050. On episode six of the C.D. Howe Institute Podcast, Simon Fraser University’s John Richards and OPG’s Gary Rose tell host Michael Hainsworth that Small Modular Reactors are the solution, and they’re coming sooner than you think.