Stablecoins: Sailing without a Rudder
Stablecoins are cryptographic (crypto) assets that are widely used in decentralized finance (DeFi) applications and crypto-asset trading strategies. Stablecoins offer the prospect that their “stable value” could potentially increase their use and desirability as a crypto medium of exchange by exploiting the benefits of blockchain technology, such as composability (integrating code from other products and […] Peter Glossop – Competition Act Does Not Need a Longer Challenge Period for Small Deals
From: Peter Glossop To: Canada’s Competition Law Community Date: February 16, 2023 Re: Competition Act Does Not Need a Longer Challenge Period for Small Deals Ottawa’s Discussion Paper on The Future of Competition Policy asks if there should be a longer period for the Competition Bureau to challenge a merger after it closes, where the merger is too small […] Stablecoins Need Rules to Unlock their Potential
Stablecoins require a comprehensive regulatory framework to reap their full benefits and protect against illicit activities and systemic financial risk, according to a new C.D. Howe Institute report. In “Stablecoins: Sailing without a Rudder,” authors Jeremy Kronick…Splinter, Mahboubi – Confronting Canada’s Crippling Shortage of Truck Drivers
From: Angela Splinter and Parisa Mahboubi To: Canadian Logistic Watchers Date: February 15, 2023 Re: Confronting Canada’s Crippling Shortage of Truck Drivers Trucking and logistics are key to Canada’s economic growth. With more than $850 billion in goods transported each year by truck, nearly everything Canadians consume travels on tires, but chronic labour shortages in the trucking sector are […] Mahboubi, Zhang – Where Have the Jobs Gone in These Five Sectors?
From: Parisa Mahboubi and Tingting Zhang To: Canadian Labour Force Observers Date: February 14, 2023 Re: Where Have the Jobs Gone in These Five Sectors? Since the return to pre-pandemic employment levels in November 2021, Canada’s economy has added more than 600,000 new jobs. Even so, employment in some sectors remains below 2019 levels. Why the uneven recovery? […] Glen Hodgson – Watch Your Wallets When New Rinks Are in the Air
From: Glen Hodgson To: Calgary and Ottawa Taxpayers Date: February 13, 2023 Re: Watch Your Wallets When New Rinks Are in the Air Interest is ramping up again in Calgary and Ottawa about new NHL arenas for each city’s downtown, after earlier projects failed to launch. Modern downtown arenas have obvious attractions for owners and fans in both […]La gouvernance doit-elle devenir woke? – La Presse Op-Ed
La réponse à ma question provocatrice dépend du sens donné à l’expression. Non, si on considère la caricature faite par la droite dure aux États-Unis. Oui, si on retient l’orientation d’un rapport sur l’avenir de la gouvernance d’entreprise au Canada.
Si on redonne au mot woke son sens « d’éveillé », à l’évidence il y a longtemps qu’on demande aux administrateurs de ne plus dormir au gaz. Mais on s’attend maintenant à ce qu’ils « s’éveillent » à un plus large éventail de questions sociales et environnementales.
La gouvernance d’entreprise réfère à l’ensemble des règles et des comportements d’un conseil d’administration, notamment sa relation avec le PDG pour établir la stratégie et en…
Why is employment still down in these five industries? – Financial Post Op-Ed
Since Canada’s return to pre-pandemic employment levels in November 2021, the labour market has added another 600,000-plus jobs. But employment in some industries still isn’t back to pre-pandemic levels. Why the uneven recovery?
The overall recovery in jobs was rapid, with total employment reaching 19,770,300 by December 2022 — 3.3 per cent above its pre-pandemic level (February 2020). But in five broad industries jobs are still down. These are: accommodation and food services, which is still 126,900 jobs short of its pre-pandemic employment; “other services” excluding public administration (52,700 short); business, building and other support services (48,500 short); agriculture (37,200 short) and…
Joseph Marchand – Final Call to Release Alberta’s Minimum Wage Expert Panel Report
From: Joseph Marchand To: Brian Jean, Alberta Minister of Jobs, Economy and Northern Development Date: February 9, 2023 Re: Final Call to Release Alberta’s Minimum Wage Expert Panel Report In its successful 2015 campaign, the NDP pledged a $15 minimum wage, and moved swiftly to lift Alberta’s $10.20 an hour to $15 over three years. […] Canada On Track to Miss Ottawa’s Emissions Reduction Target by Half
Last March, Ottawa announced its target for greenhouse gas emissions in 2030. It wants them reduced 40 percent by 2030, from 740 million tonnes (MT) of CO2-equivalent in 2019 to 442 MT. Setting targets is a lot easier than hitting them. Ottawa’s Emissions Reduction Plan is long on policies and programs but short on what needs to […] Rosalie Wyonch – Hey: Private Healthcare has Always Been With Us
From: Rosalie Wyonch To: Canadian Health Spending Observers Date: February 7, 2023 Re: Hey: Private Healthcare has Always Been With Us The recent uproar over Ontario’s increased use of private surgery and diagnostic-imaging clinics has missed the point. Canadian healthcare is already much more “private” than most people recognize, and Ontario has never had a universal system that is publicly funded […] Mahboubi, Skuterud – The Unintended Consequences of Category-Based Immigrant Selection
From: Parisa Mahboubi and Mikal Skuterud To: Sean Fraser, Minister of Immigration, Refugees and Citizenship Canada Date: February 6, 2023 Re: The Unintended Consequences of Category-Based Immigrant Selection Immigration, Refugees, and Citizenship Canada (IRCC) recently held consultations on plans aimed at giving the department more flexibility in how it prioritizes economic-class applicants for permanent residency. The new rules […]