Dachis, Dahlby, Mintz – Lower, Don’t Raise, The Toronto Ltt
To: Toronto City Council From: Benjamin Dachis, Bev Dahlby, and Jack Mintz Date: July 13, 2021 Re: Lower, Don’t Raise, the Toronto LTT Toronto City Council is preparing to discuss an increase in the land transfer tax (LTT) on high-end homes. Our analysis of the impacts of such a move is intended to help inform […] Thomas, Flood, Krishnamurthy, Tanner And Wilson – Four Privacy Choices For Vaccine Passports
From: Bryan Thomas, Colleen M. Flood, Vivek Krishnamurthy, Ryan Tanner and Kumanan Wilson To: Canadians Concerned about Vaccine Passports Date: July 12, 2021 Re: Four Privacy Choices for Vaccine Passports There are at least four fundamental choices regarding the design of vaccine passport systems that bear upon their privacy impacts that we discuss in our forthcoming C.D. Howe Institute […] Peter Glossop – A New Approach To Wage-fixing And Anti-poaching Employer Deals
From: Peter Glossop To: Canada’s competition law overseers Date: July 9, 2021 Re: A New Approach to Wage-Fixing and Anti-Poaching Employer Deals Canada is “out of sync” with the United States when it comes to punishing employers who agree to fix workers’ wages or agree not to poach employees from each other, Matthew Boswell, the Commissioner of Competition, told a […] Leonard Waverman Appointed as C.D. Howe Institute Senior Fellow
William Robson, CEO of the C.D. Howe Institute, announces the appointment of Leonard Waverman as a Senior Fellow and member of the National Council. “Len has made many contributions to the C.D. Howe Institute…Dan Ciuriak Re-appointed as C.D. Howe Institute Fellow-in-Residence
William Robson, CEO of the C.D. Howe Institute, announces the re-appointment of Dan Ciuriak as a Fellow-in-Residence. “Dan combines deep analytical skills with broad knowledge of trade and industrial structure,”…C.D. Howe Institute Monetary Policy Council Calls for Bank of Canada to Hold Overnight Rate Target at 0.25 Percent until Fall, Hike to 0.50 Percent by Next July, Reduce Bond Purchases
July 8, 2021 – The C.D. Howe Institute’s Monetary Policy Council (MPC) recommends that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 0.25 percent at least until January of 2022, and raise it to 0.50 percent by July of 2022. It also recommends that the Bank reduce its quantitative-easing purchases of Government of Canada bonds below its current pace of $3 billion per week.
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 recommendations for the Bank of Canada’s upcoming interest-rate announcement, the…
Glen Hodgson – How Is Hydro One Performing On Crown Governance?
From: Glen Hodgson To: Overseers of Crown Corporations Date: July 8, 2021 Re: How is Hydro One Performing on Crown Governance? Canada’s Crown corporations form a major part of the economy, but rarely draw detailed scrutiny. In his latest C.D. Howe Institute Commentary and in this special Intelligence Memo series, Fellow-in-Residence Glen Hodgson assesses governance at Hydro One, a publicly […] Toronto Should Cut, Not Hike, Land Transfer Tax
Toronto City Council should reduce rather than increase the land transfer tax (LTT) on high-end homes, according to a new report from the C.D. Howe Institute. In “The Economic Cost of Toronto’s Land Transfer Tax,” authors Benjamin Dachis, Bev Dahlby and Jack Mintz find…The Economic Cost of Toronto’s Land Transfer Tax
Toronto Should Cut, Not Hike, Land Transfer Tax Toronto City Council should reduce rather than increase the land transfer tax (LTT) on high-end homes. Authors Benjamin Dachis, Bev Dahlby and Jack Mintz find any move to increase the tax would have a high economic cost because the LTT discourages people from moving to more favourable locations or housing when […] Glen Hodgson – The Intercity And Rural Bus Market: Many Ways To Reach The Destination
From: Glen Hodgson To: Overseers of Crown Corporations Date: July 6, 2021 Re: The InterCity and Rural Bus Market: Many Ways to Reach the Destination Canada’s Crown corporations form a major part of the economy, but rarely draw detailed scrutiny. In his latest C.D. Howe Institute Commentary and in this special Intelligence Memo series, Fellow-in-Residence Glen Hodgson sets out principles for […] Benjamin Dachis on BNN – The Disadvantages of Toronto’s Land Transfer Tax
Toronto’s municipal government is set to discuss hiking land transfer taxes. Benjamin Dachis, economist and Director of Public Affairs at the C.D. Howe Institute, talks about why it may not be an effective tool for revenue generation. He also offers some views on these taxes in the context of one of Canada’s hottest markets.
Jon Johnson – Special Committee Takes On Buy America
From: Jon Johnson To: Global Affairs Canada Date: July 5, 2021 Re: Special Committee Takes On Buy America The House of Commons Special Committee on the Economic Relationship between Canada and the United States has now issued its interim report on “Buy America” procurement policies based on testimony heard in April. Usefully, the report distinguishes […]