Mahboubi, Ragab – Time To Recalibrate Alberta’s Social Assistance
From: Parisa Mahboubi and Mariam Ragab To: Alberta Social Assistance Policymakers Date: May 7, 2021 Re: Time to Recalibrate Alberta’s Social Assistance Effective social assistance systems should provide appropriate support for those in need while discouraging long-term dependency and easing transition to stable paid employment. Over the pre-pandemic decade, Alberta saw the largest increase in the total number […] Heritage Minister Steven Guilbeault should start fresh on Bill C-10 – Globe and Mail Op-ed
Controversial government efforts forcing streaming companies to pay into official Canadian culture funds will only gain public acceptance if the legislative club currently being used is replaced with a scalpel.
The main aim of Bill C-10, an Act to Amend the Broadcasting Act, was originally to regulate online streaming companies such as Netflix and to level the playing field between traditional broadcasters and those services. Fair enough, but using the Broadcasting Act and granting the Canadian Radio-television and Telecommunications Commission (CRTC) sweeping powers over the internet is at best an awkward solution, and at worst an unworkable and damaging one. Both the Act and the CRTC were designed to…
Mackinnon, Mintz – Same Old Federal Thinking Hampers Childcare Plan
From: Janice MacKinnon and Jack Mintz To: Canadian Childcare Watchers Date: May 5, 2021 Re: Same Old Federal Thinking Hampers Childcare Plan The federal government’s 2021 budget introduces a childcare program, fashioned after Quebec’s, as a $10-a-day, 50/50 shared-cost conditional grant program with the provinces. By adopting a conditional grant program that requires a one-size-fits-all approach without recognizing […] canadian Premiums For P&c Insurance Among Highest In Oecd
Canadians are paying premiums for property and casualty insurance that are at the high end of international comparisons, says a new report from the C.D. Howe Institute. In “The Price of Protection: Benchmarking Canada’s Property & Casualty Industry Against its Global…Canadian Premiums for P&C Insurance Among Highest in OECD
Canadians are paying premiums for property and casualty insurance that are at the high end of international comparisons, says a new report from the C.D. Howe Institute. In “The Price of Protection: Benchmarking Canada’s Property & Casualty Industry Against its Global…The Price of Protection: Benchmarking Canada’s Property & Casualty Industry Against its Global Peers
Canadian Premiums for P&C Insurance Among Highest in OECD Canadians are paying premiums for property and casualty insurance that are at the high end of international comparisons, says a new report from the C.D. Howe Institute. Alister Campbell and Farah Omran provide a comparison of premiums between Canada and its international peers and explore not […] Ambler, Kronick, Robson – The Bank Of Canada’s Government Bond Purchases: The Case For Less
From: Steve Ambler, Jeremy M. Kronick and William B.P. Robson To: Bank of Canada Watchers Date: May 4, 2021 Re: The Bank of Canada’s Government Bond Purchases: The Case for Less The Bank of Canada is lowering its purchases of federal government debt from at least $4 billion a week to $3 billion a week. It has presented this […] La course de fond pour le climat – La Presse Opinion
La KitKat deviendra carboneutre d’ici 2025, promet Nestlé. Mais on espère bien plus qu’une opération de marketing de la surenchère des cibles de réduction des gaz à effet de serre, à laquelle participent les gouvernements, les financiers et les entreprises, dans leur longue course pour le climat.
Au sommet que le président Biden a tenu le Jour de la Terre, il s’est engagé à réduire les émissions de GES des États-Unis de 50 à 52 % d’ici 2030. Le premier ministre Trudeau a promis une baisse allant de 40 à 45 %, le Japon, de 46 %, l’Union européenne, de 55 % et le Royaume-Uni, de 68 %.
Bien qu’impressionnants, ces chiffres ne sont pas comparables, car les années de base pour mesurer l’effort s’…
Jon Johnson – Current Developments In Digital Services Taxes, And Potential Pitfalls
From: Jon Johnson To: Canadian Department of Finance and Global Affairs Canada Date: May 3, 2021 Re: Current Developments in Digital Services Taxes, and Potential Pitfalls There have been significant developments respecting digital services taxes (DSTs) since my January 12 Intelligence Memo on the US suspension of retaliatory tariffs against France for its tax. While […] Glen Hodgson – The Coming End Of Libor: Adaptation Required
From: Glen Hodgson To: Canadian business borrowers and lenders Date: April 30, 2021 Re: The Coming End of Libor: Adaptation Required The widely-used global interest rate benchmark, Libor, is coming to an end, to be replaced by a more decentralized system of reference rates for various currencies that more accurately reflect the interest rate on a risk-free transaction […] William B.P. Robson – Budget 2021: Pay Now Or Pay Later, But Don’t Think We Won’t Pay
From: William B.P. Robson To: Enthusiasts for, and Skeptics about, Federal Government Spending Date: April 28, 2021 Re: Budget 2021: Pay Now or Pay Later – but Don’t Think We Won’t Pay In the C.D. Howe Institute’s shadow federal budget, released 12 days before Finance Minister Chrystia Freeland delivered the real thing last week, my coauthors, Don Drummond […] The Bank of Canada’s $3-billion-a-week bond habit – Financial Post Op-Ed
Last week, the Bank of Canada announced it was lowering its purchases of federal government debt from at least $4 billion a week to $3 billion a week. The Bank presented this change as a response to positive economic news that, it noted, could also lead to an increase in its target for the overnight rate of interest in the second half of 2022, earlier than it had previously discussed. But with the Bank projecting economic growth of 6.5 per cent for 2021 and inflation above target at the end of the projection period, the question has to be asked: why is the Bank still buying any of the government’s debt?
When it started buying bonds as part of its quantitative easing (QE) program last year, the Bank was concerned about…