William B.P. Robson – Provincial Debts And Federal Bailouts: It’s Complicated
From: William B.P. Robson To: Canadian Debt Watchers Date: February 25, 2021 Re: Provincial Debts and Federal Bailouts – It’s Complicated When COVID-19 crashed the economy last spring, Canadian governments ramped up borrowing so much that concern spiked about fiscally weaker provinces finding buyers for their debt. The Bank of Canada saw off that crisis by including provincial […] Targeted lockdowns could cut the pandemic’s economic losses by billions – Financial Post Op-Ed
Vaccines are giving everyone hope that the COVID-19 global pandemic may soon allow us to return to our normal lives. That hope has been tempered by frustrations about vaccine rollout and fear of mutating variants and so almost all parts of the country remain in some kind of lockdown. But what strategy should we follow on lockdowns to get us through to what we hope is full inoculation? What we need is a tool that considers both health and the economy, not the false dichotomy that we must choose one over the other.
Research we have conducted for a C.D. Howe Institute paper using an epidemiological-economic model provides important insights to help guide us until a vaccine is widely available. The results we…
S3 E3: 5G and Canada’s Telecom Future
The shift to remote work during COVID-19 has shone the spotlight on Canada’s infrastructure – and its digital divide. It comes at a time when the world is making a major shift to 5G. But unlike the previous generation, this one will trigger the next industrial revolution. Host Michael Hainsworth speaks to Shaw’s SVP Brian […] Telecom Sector Investments Key to Future Prosperity: Telecommunications Working Group
February 23, 2021 – Investment in the telecommunications sector is vital for ensuring Canada’s next generation digital infrastructure, says a new report from the C.D. Howe Institute.
At their recent meetings, the Telecommunications Working Group identified and discussed policy challenges facing Canada’s telecommunications sector. The group of experts in both the private sector and academia is co-chaired by Len Waverman, Dean of DeGroote School of Business at McMaster University; and Steve Orsini, Adjunct Professor, Public Policy & Administration, Carleton University and former Ontario Secretary of Cabinet.
The shift to remote work and digital services due to COVID-19 underscores how essential reliable and…
O’reilly, Stewart – Gamestop And The Future Of Shareholder Activism
From: Hugh O’Reilly and James Stewart To: Investment World Watchers Date: February 22, 2021 Re: GameStop and the Future of Shareholder Activism The social media-driven GameStop phenomenon has given rise to analyses and commentary in several streams: market functioning, particularly excessive volatility; the need to help retail investors avoid major financial losses with improved investor protection; and the combination […] Les Dogmes Budgétaires Remis En Question – La Presse Opinion
Ils ne vont pas jusqu’à contester la loi de l’offre et de la demande, mais aux États-Unis, plusieurs économistes de renom révisent certaines « vérités » sur l’endettement public et le rôle de la politique budgétaire.
Chercheurs émérites et même Nobel d’économie, ils ont été président de la Réserve fédérale, économistes en chef du Fonds monétaire international, conseillers des présidents des États-Unis, directeurs du budget et secrétaire au Trésor. Ils se nomment Joseph Stiglitz, Paul Krugman, Ben Bernanke, Olivier Blanchard, Kenneth Rogoff, Larry Summers, Jason Furman et Robert Rubin, pour ne citer que les plus connus.
Ils ne sont pas d’accord sur tout. Certains penchent à gauche, d’autres à droite, mais…
Shaffer, Rhodes – Three Fixes For Canadian Energy Policy To Avoid Texas’ Energy Troubles
To: Canadian Electricity Consumers From: Blake Shaffer and Joshua Rhodes Re: Three Fixes for Canadian Energy Policy to Avoid Texas’ Energy Troubles Date: February 19, 2021 Texas is reeling from record cold temperatures that have pushed its electricity system to the brink, and beyond. Rotating blackouts have plunged millions of into darkness and cold as […] The Next Green Bond Wave: Should Ottawa Step In?
Canada’s Green Bond Market Poised to Surge Canada’s green bond market is poised to regain momentum as the economy recovers from COVID, according to a new report by Glen Hodgson. Green bond issues were surging prior to the pandemic, with US$257.7 billion issued globally in 2019 and C$9.25 billion in Canada. Hodgson notes Canada has […] Canada’s Green Bond Market Poised To Surge
Canada’s green bond market is poised to regain momentum as the economy recovers from COVID, according to a new report published by the C.D. Howe Institute. In “The Next Green Bond Wave: Should Ottawa Step In?,” author Glen Hodgson explores Ottawa’s decision to issue…Robson, Wu – Our Capital Investment Crisis
From: William B.P. Robson and Miles Wu To: Canada’s Business Leaders Date: February 18, 2021 Re: Our Capital Investment Crisis The C.D. Howe Institute has long tracked Canada’s performance in business investment compared to the United States and other developed countries. Our motive is straightforward: Private-sector investment that boosts Canada’s stock of machinery, buildings, engineering infrastructure and intellectual property […] Glen Hodgson on Energi Media – Canada’s green bond market set to surge
Glen Hodgson, Senior Fellow at the C.D. Howe Institute, discusses the changes needed for green bonds to play a bigger role in financing Canada’s energy transition.
Stimulus Spending if Necessary, but not Necessarily Stimulus Spending: C.D. Howe Institute Fiscal and Tax Working Group
February 17, 2021 – Any further debt-financed stimulus should be temporary, essential, and targeted to improving the economy’s productive capacity, says a new report from the C.D. Howe Institute.
At their most recent meeting, the Fiscal and Tax Working Group discussed what form new fiscal stimulus should take, but remained unconvinced that a large stimulus package is appropriate at this time. In addition, with federal debt rising rapidly, members argued that any new permanent programs should be tax-financed.
The group of experts from the private sector and academia, co-chaired by John Manley, former federal minister of finance, and Janice MacKinnon, former minister of finance of Saskatchewan, noted that new spending should…