Charles DeLand – Ottawa’s Unrealistic Building Emission Reduction Targets
To: The Honourable Steven Guilbeault, Minister of Environment and Climate Change CC: The Honourable Jonathan Wilkinson, Minister of Natural Resources From: Charles DeLand Date: October 17, 2022 Re: Ottawa’s Unrealistic Building Emission Reduction Targets The federal government’s Emissions Reduction Plan calls for economy-wide greenhouse gas (GHG) reductions of 40 to 45 percent below 2005 levels by 2030. In particular, it […] C.D. Howe Institute Monetary Policy Council Calls for Bank of Canada to Raise Overnight Rate to 3.75 Percent
October 17, 2022 – The C.D. Howe Institute’s Monetary Policy Council (MPC) recommends that the Bank of Canada raise its target for the overnight rate, its benchmark policy interest rate, by 50 basis points to 3.75 percent on October 26, and maintain the current pace of reduction in its holdings of Government of Canada bonds. The Council recommended that the Bank raise the overnight rate target again in early 2023, before lowering it back to 3.75 percent in a year’s time.
The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada’s 2 percent inflation target. William Robson, the Institute’s CEO, chairs the Council.
Council members make…
La crise de croissance de la finance durable – La Presse Op-Ed
La finance durable n’est pas assez verte ! Non, elle est trop woke ! Pire, un foutu bordel ! lancent les critiques. Elle vit plutôt une crise de croissance.
Les actifs mondiaux des fonds communs de placement et des FNB (fonds négocié en Bourse) en finance durable ont triplé durant la pandémie, pour atteindre 3000 milliards de dollars américains, fin 2021.1 Ils ont reculé depuis avec la correction des marchés, mais les flux restent positifs, malgré les dénonciations.
Les plus acerbes sont sorties de la bouche des gouverneurs de la Floride et du Texas, héraults de la droite dure et vaillants défenseurs du pétrole et des armes à feu.
Les tirs viennent aussi de la gauche, pour qui la…
Schirle, Ferrer – Helping Moms Find Their Way Back to Work
From: Tammy Schirle and Ana Ferrer To: Canadians Concerned About Gender Equity Date: October 14, 2022 Re: Helping Moms Find Their Way Back to Work More than 900,000 married parents ages 25 to 59 were either unemployed or not participating in the labour force in 2019. Among them, 21 percent were unemployed (actively searching for employment, waiting for […] Miles Corak – Insurance Principles Offer Three Practical Reforms for Financing EI
The federal government is finalizing its long-promised reform of the Employment Insurance system. In this special three-part series, Miles Corak argues that the financing of the program should be part of the reform process, and offers practical changes to EI contributions based on insurance principles. From: Miles Corak To: Employment Minister Carla Qualtrough Date: October 13, 2022 Re: […] Miles Corak – Reality-based Employer EI Contributions
The federal government is finalizing its long-promised reform of the Employment Insurance system. In this special three-part series, Miles Corak argues that the financing of the program should be part of the reform process, and offers practical changes to EI contributions based on insurance principles. From: Miles Corak To: Employment Minister Carla Qualtrough Date: October 12, 2022 Re: Reality-based […] The Scale of Canada’s Home Retrofit Challenge
Heating, cooling and lighting Canadian buildings takes a lot of energy. In 2019, commercial and residential buildings together were responsible for 25 percent of total energy consumption, more than the entire transportation sector. While this energy keeps people comfortable and goods at the right temperature, it creates greenhouse gas emissions. The federal government’s 2030 Emissions […]Ottawa’s wildly unrealistic net-zero goal for buildings – Financial Post Op-Ed
The federal government’s Emission Reduction Plan, which it published in July, calls for economy-wide greenhouse gas reductions of 40 to 45 per cent below 2005 levels by 2030. In particular, it projects emissions from homes and commercial buildings that will fall 37 per cent from 2005 levels. Judging by reasonable estimates of what it would take to achieve this, however, that goal appears wildly unrealistic.
Greenhouse gas (GHG) emissions from buildings are the third largest source of emissions in Canada. (The first two are oil and gas and transportation) In contrast to some other sectors of the economy and despite better technology and efficiency, GHGs from buildings have actually increased since 2005, partly because the…
Miles Corak – Insurance Principles Make the Case for Stable Contribution Rates as a Part of Employment Insurance Modernization
The federal government is finalizing its long-promised reform of the Employment Insurance system. In this special three-part series, Miles Corak argues that the financing of the program should be part of the reform process, and offers practical changes to EI contributions based on insurance principles. From: Miles Corak To: Employment Minister Carla Qualtrough Date: October 11, 2022 Re: […] Correcting Course: Employment Insurance Needs a Redesign to Counter Recessions and Achieve Equity
As a primary pillar of Canada’s social safety net, Employment Insurance (EI) has proven itself to be slow to react to downturns, weakening its ability to automatically stabilize the economy. It has also gone off track from its original main goal: to provide insurance against unpredictable job losses. EI should be modernized with an […] EI Needs a Redesign to Be Recession-Ready
Employment insurance (EI) has gone off track from its objective of protecting Canadians financially against unpredictable job losses. Slow to react to recent economic downturns and mostly accommodating seasonal and part-year workers situated in…Saulnier, Adams – It’s Time to Unfreeze Canada’s Healthcare Reform Paralysis
From: Marcel Saulnier and Owen Adams To: Canadians Concerned About Healthcare Date: October 6, 2022 Re: It’s Time to Unfreeze Canada’s Healthcare Reform Paralysis “Paradigm Freeze” is the academic term that summarizes progress on healthcare reform in Canada over the past few decades. The Medicare program that affords universal access to Canadians remains much as the same as when […]