Hufbauer, Jung – A Modernized NAFTA: Energy Challenges and Opportunities
From: Gary C. Hufbauer and Euijin Jung To: Concerned Canadians Date: November 30, 2017 Re: A Modernized NAFTA: Energy Challenges and Opportunities The energy landscape in North America has changed dramatically over the past two decades. A notable transformation is Mexican reform. Four years ago, President Enrique Pena Nieto signed constitutional changes that allow private […]Bank of Canada Should Hold Overnight Rate at 1% Next Week; Hike to 1.5% by December 2018
November 30, 2017 — The C.D. Howe Institute’s Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on December 6, 2017, and keep it there at its January 2018 announcement. By May of 2018, however, the MPC called for the Bank to hike to 1.25 percent, with a further increase to 1.50 percent by the end of 2018.
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 President and CEO, chairs the Council. Council members make recommendations for the…
Canada’s Troubling Downward Trend In Work-force Skills – Globe And Mail Op-ed
Canada faces a troubling trend in the skills levels of its work force. Despite more Canadians obtaining a postsecondary education between 2003 and 2012, literacy and numeracy skills have slid. What gives?
According to OECD international surveys of adult skills in seven participating countries, including the Netherlands, New Zealand, Australia, Norway, Italy and the United States, the problem with declining numeracy scores is widespread. But Canada and Norway were the only countries with a drop in literacy skills. For Canada, this is a paradox: We have the largest share of the working-age population with tertiary education among these Organization for Economic Co-operation and Development countries.
Earning a…
C.D. Howe Institute Appoints Imf Veteran As Fellow-in-residence
William Robson, President and CEO of the C.D. Howe Institute announced the appointment of Brenda González-Hermosillo, former deputy division chief of the Global Financial Stability Division at the International…Ian Irvine – Les taxes sur le cannabis: freinons notre enthousiasme
Expéditeur: Ian Irvine Destinataires: Canadiens concernés Date: 29 novembre 2017 Objet: Les taxes sur le cannabis : freinons notre enthousiasme Les recettes fiscales possibles découlant du cannabis légal ne devraient pas générer trop d’enthousiasme chez les gouvernements et les contribuables du Québec, ni même du reste du Canada. Les recettes seront très limitées à court terme, et modestes à plus […] The NAFTA Renegotiation: What if the US Walks Away?
The US request to renegotiate the North American Free Trade Agreement (NAFTA) opens up the possibility of the trade agreement lapsing. In “The NAFTA Renegotiation: What if the US Walks Away?” authors Dan Ciuriak, Lucy Ciuriak, Ali Dadkhah, and Jingliang Xiao evaluate what would happen if trade between Canada, the United States and Mexico reverted to the rules under the World Trade Organization. Canadian Cities Need Cleaner Books For Taxpayer Accountability
Canada’s major cities tend to understate revenue and spending, wait too long to release budgets, and confuse taxpayers with obscure figures in their financial reports, finds a new study from the C.D. Howe Institute. In the 2017 edition of the Institute’s…Konrad von Finckenstein – It Is Long Past Time to Align the GST with our Cultural Trade Policies
From: Konrad von Finckenstein To: To Bill Morneau, Minister of Finance Date: November 28, 2017 Re: It Is Long Past Time to Align the GST with Our Cultural Trade Policies It is a longstanding aim of Canadian government policy to protect cultural industries from being overwhelmed by foreign, particularly American, content. Cultural industries were first defined in the […] Fuzzy Finances: Grading the Financial Reports of Canada’s Municipalities
Canada’s major cities tend to understate revenue and spending, wait too long to release budgets, and confuse taxpayers with obscure figures in their financial reports, finds a new study from the C.D. Howe Institute. In the 2017 edition of the Institute’s annual municipal fiscal accountability report card, titled Fuzzy Finances: Grading the Financial Reports of Canada’s […]