Krane, Wortley, Campbell – The Impact of National Security Reviews on Foreign Direct Investment in Canada
To: François-Philippe Champagne, Minister of Innovation, Science and Industry From: Joshua Krane, Stephen Wortley and Connor Campbell Date: March 29, 2022 Re: The Impact of National Security Reviews on Foreign Direct Investment in Canada Foreign investment in Canadian companies has long been subject to government review. In recent years, the government has moved away from […]Looming Healthcare Costs Threaten Tax Hikes Unless Focus Shifts To A New Approach
A serious conversation about fundamental changes required to tackle rising cost pressures in Canadian healthcare is long overdue. A new C.D. Howe Institute study demonstrates the importance of controlling Canada’s healthcare costs and improving its efficiency, unless we are…Fixing, Funding, and Reforming Health Services
Fixing, Funding, and Reforming Health Services A serious conversation about fundamental changes required to tackle rising cost pressures in Canadian healthcare is long overdue. A new C.D. Howe Institute study demonstrates the importance of controlling Canada’s healthcare costs and improving its efficiency, unless we are prepared to fund the rapidly increasing cost burden. Without significant […] Rosenthal, Rosner – Four Reasons to Abolish the Competition Tribunal
From: Julie Rosenthal and David Rosner To: François-Philippe Champagne, Minister of Innovation, Science and Industry Date: March 28, 2022 Re: Four Reasons to Abolish the Competition Tribunal Competition law in Canada is underdeveloped. This is particularly so for the law regarding “civilly reviewable conduct,” including the abuse of dominance (section 79) and competitor collaborations (section […] La Chine ménage la chèvre et le chou – La Presse Op-Ed
La guerre en Ukraine force la Chine à ménager son ami russe et son client occidental, de crainte qu’elle ne fracture la mondialisation en deux blocs.
Les sanctions économiques rompent un à un les liens entre la Russie et l’Ouest. Le coût est élevé pour l’Europe, mais désastreux pour la Russie. Cependant, aucun retour en arrière n’est possible tant que Vladimir Poutine sera au pouvoir, tant que le régime restera en place.
En marge des Jeux olympiques de Pékin, Xi Jinping et Vladimir Poutine se sont jurés une « amitié sans limites », reposant sur une vision commune d’un monde menacé par les États-Unis. Malheureusement pour eux, « l’opération militaire spéciale » en Ukraine n’a pas connu le triomphe espéré…
Bafale, Kronick, Robson – Monetary Policy Is Our Only Inflation Fix
From: Mawakina Bafale, Jeremy M. Kronick, William B.P. Robson To: Canadians Concerned About Inflation Date: March 25, 2022 Re: Monetary Policy Is Our Only Inflation Fix What explains surging inflation in Canada and many other advanced economies? At the moment, a critical mass of commentators blame loose monetary policy. While we agree, the strength of that judgement is surprising. […] Seven Key Reforms Urgently Needed for Auto Insurance
Key reforms to private-sector auto insurance could yield millions of dollars in savings for Canadian consumers and make auto insurance more responsive to market forces, according to a new report from the C.D. Howe Institute. In “Time for a Tune-…Time for a Tune-up: Reforms to Private-Sector Auto Insurance could Lower Costs and Add Value for Consumers
Auto insurance premiums in Canada amount to about $27 billion per year. For most Canadians, auto insurance represents a significant yearly expense. Provincial and territorial governments control auto insurance, which is mandatory across Canada. Some provinces deliver the insurance themselves through a government agency. Others outsource delivery to private-sector insurers. A recent C.D. Howe […] Inflation Surprises, Interest Rates Should Not
In late February, an Intelligence Memo by Bill Robson warned that expectations of interest-rate hikes by the Bank of Canada might be lagging expectations about inflation. Using the Bank’s three favoured measures of core inflation as proxies for inflation expectations, Robson argued that the Bank’s overnight rate had become strongly negative in real terms. Reining […] Only tighter money can keep the dollar from shrinking – Financial Post Op-Ed
What explains surging inflation in Canada and many other advanced economies? Most commentators — correctly — blame loose monetary policy. That contrasts with the 1970s and 1980s, when many people argued inflation was not something central banks could control and that tight money was therefore a case of pain for no gain. With the Bank of Canada and other central banks beginning to tighten, those arguments may return. If they prevail, monetary policy will stay too loose and inflation will keep raging.
Inflation is another term for a persistent decline in the value of money, which like most values is determined by supply and demand. If the Bank of Canada promotes growth in the supply of Canadian dollars that exceeds growth in the…
Barry Gros – We Need to Align Regulation and Management of Target-Benefit Pension Plans
From: Barry Gros To: Canada’s Pension Regulators Date: March 23, 2022 Re: We Need to Align Regulation and Management of Target-Benefit Pension Plans How should Canada regulate a target payment that is not guaranteed? This question is seldom asked, let alone answered, when it comes to setting standards for regulating target-benefit pension plans (TBPs.) Managing risk under target-benefit plans […] Monica Gattinger – The War in Ukraine and Global Energy Security: Will it Unite or Divide Canadians?
From: Monica Gattinger To: Canadians Concerned About Energy and Climate Change Date: March 22, 2022 Re: The War in Ukraine and Global Energy Security: Will it Unite or Divide Canadians? Russia’s Ukraine invasion has propelled energy security to the top of political agendas the world over. The global focus on security dovetails with heightened global concern about climate […]