S4 E8: The New Climate Bargain
With more than 100 days into the Russian Invasion of Ukraine, how do we avoid climate change from becoming just the latest casualty? RBC’s Colin Guldimann, the Pembina Institute’s Jan Gorski, and the C.D. Howe Institute’s Charles DeLand tell Michael Hainsworth how we can keep our goals on track. Jon Johnson – Ease Food Inflation Through Generous Administration of Dairy Tariff Rate Quotas
From: Jon Johnson To: Global Affairs Canada Date: June 7, 2022 Re: Ease Food Inflation Through Generous Administration of Dairy Tariff Rate Quotas On May 12, New Zealand formally requested consultations with Canada under the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) respecting the administration by Canada of its CPTPP dairy tariff rate quotas […]William B.P. Robson – Lower Inflation is Key to Ending Controversy over the Bank of Canada
From: William B.P. Robson To: Canadians Concerned about Inflation and the Bank of Canada Date: June 6, 2022 Re: Lower Inflation is Key to Ending Controversy over the Bank of Canada For the first time in years, the Bank of Canada is under attack. Before the COVID-19 pandemic, the Bank kept inflation well under control – remarkably close to […]Le cri des ventres creux – La Presse Op-Ed
Alors qu’on placote autour du BBQ, une bière à la main, s’amène à l’horizon la tempête parfaite pour troubler notre insouciance : une crise alimentaire mondiale.
Les plus fortunés se scandaliseront du prix du bifteck d’aloyau ou du homard, mais pas assez pour s’en priver. Les autres devront se serrer la ceinture et un nombre grandissant iront le ventre vide.
Cette tempête parfaite est la fille des ouragans que nous connaissons bien : la pandémie, la guerre en Ukraine et le réchauffement climatique.
Il y a assez de nourriture pour tous, mais tous ne peuvent se la payer, surtout quand les prix grimpent en flèche.
Depuis le début de la COVID-19, les prix des céréales sont en hausse de 75 % et…
Trevor Tombe – A Plan to Secure Alberta’s Fiscal Future
To: Alberta Politicians of All Stripes From: Trevor Tombe Date: June 3, 2022 Re: A Plan to Secure Alberta’s Fiscal Future A strong global recovery from COVID-19, combined with Russia’s Ukraine invasion, has driven energy prices to near-historic highs. The current resource revenue windfall is an opportunity Alberta cannot ignore. And with a United Conservative […] Monetary policy is looser now than it was in February – Financial Post Op-Ed
The Bank of Canada continued its tightening cycle on Wednesday by announcing a 50-basis-point increase that brings its target for the overnight interest rate to 1.50 per cent. That met market expectations and means the total increase since February has been 1.25 percentage points. Expect more hikes to come.
By the end of last year, the Bank of Canada had recognized that inflation had overshot projections and was going to be more persistent than previously forecast. The bank passed on an opportunity to raise rates in January, but has done so three times since, including two highly unusual hikes of 50 basis points — something not seen for over 20 years.
Does this mean monetary policy has tightened since the end of last year…
Cheung Pang Wong – Pathways to Better Pandemic Preparation
The C.D. Howe Institute put out a call late last year for Intelligence Memos from next-generation policy leaders. The purpose of the program is to provide a platform for new or soon-to-be graduates to raise their profiles, showcase their ideas, and build their professional networks. This week we are releasing the work of the top […] A Plan to Secure Alberta’s Fiscal Future
The Alberta government introduced its latest budget the very same day as Russia launched its invasion of Ukraine. Oil prices spiked immediately afterwards, bringing an unplanned fiscal windfall to Alberta taxpayers. Managing this responsibly for the long-term benefit of Albertans will be critical. If current oil markets forecasts hold the three-year windfall to the province […] John D. Baker – Monetary Policy and Inequality in Canada: A New Chapter
The C.D. Howe Institute put out a call late last year for Intelligence Memos from next-generation policy leaders. The purpose of the program is to provide a platform for new or soon-to-be graduates to raise their profiles, showcase their ideas, and build their professional networks. This week we are releasing the work of the top […]High Stakes Ahead: Canada and the Global Minimum Tax for Multinationals
The 2022 federal budget launched consultations on the implementation of new proposed rules for a Global Minimum Tax of 15 percent, which was endorsed in principle by members of the OECD and G20 in 2021.In simple terms, the tax rules would apply to multinational enterprises (MNEs) with annual consolidated revenues generally of EUR 750 million. […] Global Minimum Tax Could See Canada Suffer Net Reduction In Wealth And Tax Revenues, Need A “canada First” Approach
The Global Minimum Tax of 15 percent, also called “Pillar Two”, could have a material adverse effect on Canadian wealth and tax revenues, according to a new report from the C.D. Howe Institute. In 2022, the federal budget launched consultations on…William B.P. Robson on BNN – Canada’s productivity ‘terrible’ compared to other countries
Bill Robson, CEO of C.D. Howe Institute, joins BNN Bloomberg for reaction to former finance minister, Bill Morneau sounding the alarm on Canada’s economic future. He agrees the current federal Liberal government is not thinking about long-term growth and that Canada is behind on infrastructure development, productivity, and even intangible investments.