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The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. Widely considered to be Canada's most influential think tank, the Institute is a trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.

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Innovation Policy in Canada: A Holistic Approach
December 14, 2017 - Daniel Schwanen

Canada’s mediocre innovation performance calls for a broader policy approach, according to a new report from the C. D. Howe Institute. In “Innovation Policy in Canada: A Holistic Approach,” author...

Bits, Bytes, and Taxes: VAT and the Digital Economy in Canada
August 23, 2017 - Rosalie Wyonch

Foreign providers of online services enjoy a tax advantage over domestic providers, according to a new report from the C.D. Howe Institute. In Bits, Bytes, and Taxes: VAT and the Digital...

Ripple Effects: Oil Price Shocks and Monetary Policy
August 30, 2016 - Steve Ambler

August 30, 2016 – The effects of large oil price shocks on the Canadian economy are complex, as is the best response of monetary policy, but getting it wrong can be very costly, according to a new...

Mounting Evidence: Findings from Natural Experiments in Inflation Targeting
March 31, 2016 - Michael Parkin

International evidence shows the wide economic benefits of inflation targeting, says a ground-breaking C.D. Howe Institute report. In “Mounting Evidence: Findings from Natural Experiments in...

Looking for Liquidity: Banking and Emergency Liquidity Facilities
February 9, 2016 - Jeremy Kronick

The Bank of Canada should start preparing for the next financial crisis, according to a new C.D. Howe Institute report. In “Looking for Liquidity: Banking and Emergency Liquidity Facilities,”...

Improving on the CPI: A Proposal for a Better Inflation Indicator
August 12, 2015 - Aaron Jacobs and Finn Poschmann

The Bank of Canada should track inflation using a measure that better accounts for changes in resale housing prices, according to a new C.D. Howe Institute report. In “Improving on the CPI: A...

Robson and Kronick - Slumping Money Growth May Prefigure a Slumping Economy
Intelligence Memos
From: William B.P. Robson and Jeremy M. Kronick To:  Governing Council, Bank of Canada Date: January 23, 2018 Re: Slumping Money Growth May Prefigure a Slumping Economy Growth of Canada’s money stock...
Bank of Canada must explain its focus on ‘data-dependency’ - Globe and Mail Op-Ed
Op-Ed
In its interest-rate announcement on Wednesday, the Bank of Canada once again underlined that future changes in rates would be conditional on the data. Wednesday's news statement noted that the...
Bank of Canada fuelling uncertainty with poor messaging on rates: Globe and Mail Op-Ed
Op-Ed
Before Wednesday's Bank of Canada interest-rate hike, financial markets had priced in only a 50-50 chance of such a move. This means that half the market believed the bank would hold rates steady,...

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© 2014 C.D. Howe Institute. All Rights Reserved.