Spurring R&D: Canada Needs Focused Reforms to SR&ED and an IP Box

  Finance Canada is conducting a review to modernize and improve the scientific research and experimental development (SR&ED) tax incentive program, and is considering the creation of a Patent Box for Canada. The review of SR&ED should recognize that its raison d’être is to encourage R&D, which benefits society through knowledge spillovers. Separate programs should […]

Focused Review Of Sr&ed And IP Box Needed

Finance Canada’s review of the scientific research and experimental development (SR&ED) tax incentive program should stay focused on the program’s raison d’être to encourage research and development (R&D), and remain separate from other activities in the innovation…

Focused Review of SR&ED and IP Box Needed

Finance Canada’s review of the scientific research and experimental development (SR&ED) tax incentive program should stay focused on the program’s raison d’être to encourage research and development (R&D), and remain separate from other activities in the innovation…

Bob Baldwin – Don’t Handcuff Big Pension Plans to Canada

From: Bob Baldwin To: Finance Minister Chrystia Freeland Date: May 28, 2024 Re: Don’t Handcuff Big Pension Plans to Canada Last month’s budget unveiled a working group led by former Bank of Canada governor Stephen Poloz to collaborate with pension fund leaders to encourage funds to invest more of their assets in Canada. This initiative is not consistent with […]

Kronick, Ambler – Predicting (and Confirming) Business Cycles in Canada

To: Recession forecasters From: Jeremy M. Kronick and Steve Ambler Date: May 24, 2024 Re: Predicting (and Confirming) Business Cycles in Canada A recent staff working paper by Temel Taskin and Franz Ulrich Ruch at the Bank of Canada uses a sophisticated model – a dynamic autoregressive (AR) probit model – and business cycle turning points published by the C.D. Howe […]

The Doctor Dilemma: Improving Primary Care Access in Canada

  The lack of access to family physicians is a critical issue in Canada, with millions of Canadians lacking access to a primary care provider. Shortages have been exacerbated by the pandemic, which led to notable levels of physician burnout and an increase in retirements. This Commentary estimates the shortages of family physicians in provinces […]

Primary Care Paradox: Improving Access Requires Changing the Status Quo

May 23, 2024 – Canada has the highest number of general practitioners per capita, a new study from the C.D. Howe Institute has found, and the lowest access among comparator countries. This lack of access to family physicians is quickly becoming a critical issue in Canada, with millions of…

Steady as She Goes – For Now: Council Recommends Holding Domestic Stability Buffer at 3.5 percent

Second Meeting of the C.D. Howe Institute Domestic Stability Buffer Council

At its recent meeting, the C.D. Howe Institute’s Domestic Stability Buffer Council (DSBC) recommended that the Office of the Superintendent of Financial Institutions (OSFI) maintain the Domestic Stability Buffer (DSB) for major banks at 3.5 percent at its next setting in June.

The DSBC provides OSFI, industry participants, and key economic policy voices with an independent assessment of the appropriate size of the buffer in pursuit of OSFI’s mandate of contributing to public confidence in the Canadian financial system. The Council consists of Vivian Abdelmessih, Cathy…

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