Jumpstarting Municipal Investment Returns – The Prudent Thing to Do
From: Patrick Gill To: Canadian taxpayers Date: January 30, 2020 Re: Jumpstarting Municipal Investment Returns – The Prudent Thing to Do All levels of government in Canada invest funds they don’t immediately require. These investments are a significant source of revenue for public coffers. Without this revenue stream, taxes would be higher or service levels […] Benjamin Dachis – Fixing Oil And Gas Property Tax Problems Through Regional Governance Reform
From: Benjamin Dachis To: The Alberta Ministers of Municipal Affairs, Energy, and Treasury Board and Finance Date: January 29, 2020 Subject: Fixing oil and gas property tax problems through regional governance reform There’s a property tax revolt coming to Alberta. With oil and gas companies under financial distress, many cannot afford to pay eye-watering business […] Off Target: How Income Inequality Affects Monetary Policy Effectiveness
January 28, 2020—The Bank of Canada should weigh how income inequality affects monetary policy effectiveness as it pursues its 2 percent inflation target, says a new report from the C.D. Howe Institute. In “Monetary Policy, Income Inequality, and Inflation—What’s the Link?” authors Jeremy…For the Bank of Canada, what a difference a few months makes – Globe and Mail Op-Ed
The Bank of Canada announced last Wednesday that it’s continuing to hold its overnight target rate constant at 1.75 per cent. No surprise there. What is interesting, however, is a major turn of events in the economic outlook.
The global economy appears to have gone from being a drag on Canadian growth to a strength, whereas the domestic Canadian economy, once a growth driver, appears to be slowing down. The Bank of Canada still faces a balancing act – although it at least has the tools to fight domestic weakness.
The target rate in Canada has remained constant since December, 2018. Elsewhere, several major central banks lowered their policy rates in response to earlier signs of weakness in the world economy and major…
Monetary Policy, Income Inequality, and Inflation – What’s the Link?
The Bank of Canada should weigh how income inequality affects monetary policy effectiveness as it pursues its 2 percent inflation target, says a new report from the C.D. Howe Institute. In “Monetary Policy, Income Inequality, and Inflation—What’s the Link?” authors Jeremy Kronick and Francisco Villarreal investigate the link between monetary policy, income inequality and inflation […] Bhatia, Falk, Mccready, Tepper – Responding To The Coronavirus: Building Capacity Through Virtual Care
From: R. Sacha Bhatia, Will Falk, Janine McCready, and Joshua Tepper To: Canadians Concerned about Coronavirus Date: January 28, 2020 Re: Responding to the Coronavirus: Building Capacity through Virtual Care In 2020, Canada’s health systems are better prepared to respond to the Novel Coronavirus than they were 17 years ago during the SARS outbreaks. We have learned the lessons […] S2 E1 – New Urbanism with Dan Doctoroff
Sidewalk Labs CEO Dan Doctoroff tells Michael Hainsworth he’s optimistic the delayed decision on a 21st century “city within a city” will be a green light, discusses the data privacy issues with the Toronto Quayside plan, and outlines some of the advances the company has researched in sustainable and affordable housing. Jeremy Kronick on BNN – Income inequality has flatlined since financial crisis
Jeremy Kronick, Associate Director of Research at the C.D. Howe Institute, joins BNN Bloomberg to discuss the link between monetary policy, income inequality and inflation in Canada.
Thomas A. Wilson Re-appointed As C.D. Howe Institute Research Fellow
William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of Thomas A. Wilson as a Research Fellow. “Tom’s work on fiscal and tax policy has enriched the Institute’s research program,”…David Laidler Re-appointed As C.D. Howe Institute Research Fellow
William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of David Laidler as a Research Fellow. “David’s contributions to monetary theory have influenced generations of economists, and…U.S., China are going rogue on trade deal – Globe and Mail Op-Ed
International business breathed a sigh of relief with the signing on Jan. 15 of the U.S.-China Phase 1 trade deal. Markets reacted with typical exuberance, overlooking the fact this is an armistice, not a peace treaty.
But even a short-term downing of arms, if it leads to the two countries moving on to a truly comprehensive trade agreement, is better than a trade war and its global reverberations. We need to see how things unfold.
The deal has been cheered in U.S. President Donald Trump’s tweets and other quarters south of the border because of Chinese undertakings allowing greater American market access with fewer tied conditions, commitments for the benefit of U.S. companies only. Commentaries such as those in The New…