Numbers You can Trust? The Fiscal Accountability of Canada’s Senior Governments, 2017

Alberta and New Brunswick come out on top in the Institute’s latest report card on government financial reporting, with Prince Edward Island trailing the pack. In Numbers You can Trust? The Fiscal Accountability of Canada’s Senior Governments, 2017, authors Colin Busby and William B. P. Robson assesses the quality of financial information published by Canada’s […]

Why ‘Softwood V’ Could Become Canada’s Toughest Trade Fight: Globe And Mail Op-ed

It haunts us still. Softwood lumber is back, the defining Canada-U.S. trade dispute of the ages.

The preliminary duties announced Tuesday are designed to affect billions of dollars of Canadian exports. Even ahead of final duties to be announced in June, these will decimate Canadian exports and affect the livelihood of many thousands of Canadians.

Over the coming months, softwood lumber will dominate the front pages of our newspapers (though relegated to the back pages in U.S. media).

As if there wasn’t already enough tension in the bilateral relationship, softwood lumber adds even more stress, with President Donald Trump’s demand for NAFTA renegotiations (which he describes as the most “disastrous” trade agreement…

Anindya Sen – Cannabis Act Good First Step

From: Anindya Sen To: Bill Blair, Parliamentary Secretary to the Minister of Justice Date: April 20, 2017 Re: Cannabis Act Good First Step So far so good. In earlier research, I set out broad guidelines for marijuana legalization, which have been reflected in the work of  the Federal Task Force on Marijuana Legalization and the recent Cannabis Act proposed […]

Surge Capacity: Selling City-owned Electricity Distributors to Meet Broader Municipal Infrastructure Needs

Cities across Canada should sell their electricity distribution companies and invest the proceeds in critical municipal infrastructure, according to a new C.D. Howe Institute report. In “Surge Capacity: Selling City-owned Electricity Distributors to Meet Broader Municipal Infrastructure Needs,” author Steven Robins demonstrates why there is no compelling public policy rationale for municipalities to hold these […]

Angelo Melino Re-appointed As A C.D. Howe Institute Research Fellow

William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of Angelo Melino, Professor, University of Toronto, as a Research Fellow. “Angelo has provided valuable guidance to the C.D. Howe Institute’s research program, and made…

Our Workers Outgunned: Financial Post Op-Ed

Business investment in Canada is weak. The 2017 federal budget highlighted how it is lagging the rest of the economy. Bank of Canada Governor Stephen Poloz and his colleagues have expressed concerns. A few weeks ago, Deputy Governor Larry Schembri emphasized the importance of business spending on new plant, equipment and intellectual property for growth in the short run, and for the capital stock that raises living standards over time. Weak investment is a problem now and for the future.

We estimate that Canadian businesses will spend about $11,700 per worker on new, non-residential capital this year, far below a peak of $15,100 in 2014. The fall-off means the average Canadian worker will have less infrastructure,…

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