306 results found for "guaranteed annual income"
Op-Ed
Facebook has teamed up with some heavyweights in the payments industry such as Visa and Mastercard and other online platforms to usher in a new era for payments services: an international, widely accepted digital currency called Libra. This should not come as a surprise. Online trading – often cross-border – cries out for such a payment instrument. And online networks reach full functionality…
Intelligence Memos
(Today, we revisit an Intelligence Memo with a smart policy recommendation.) From: Benjamin Dachis and Jennifer Y. Tsao To: Canadian Municipal Parking Regulators Date: August 2, 2018 Re: Get Rid of Jurassic Parking You’ve witnessed the bruising battle between taxi companies and Uber. The next battle in the sharing economy is coming, and it will be over street parking. What should you do…
Intelligence Memos
As NAFTA renegotiations proceed through the fall, the C.D. Howe Institute Intelligence Memos will be looking at what to expect and provide analysis on the latest developments. This post is part of that series. From: Konrad von Finckenstein To: The Honourable Chrystia Freeland, Minister of Global Affairs Date: November 14, 2017 Re: NAFTA Plan B: Amend the Trade Priorities Act…
Intelligence Memos
From: William B.P. Robson To: Members of Parliament and pension regulators Date: November 7, 2017 Re: Lesson from the Sears Disaster: Fund Pensions Properly! The bankruptcy of Sears Canada, and the threat that its underfunded pension plan won’t pay what it promised, has drawn widespread attention, not least from members of Parliament.…
Op-Ed
The rise in house prices – especially in Toronto and Vancouver – has coincided with a build-up of risks in the mortgage market and homeowners taking on too much debt relative to their income. In response, the federal Department of Finance has proposed shifting some of the risk of mortgage defaults onto lenders from insurers, through a mortgage insurance deductible that would come out of the…
Op-Ed
The Bank of Canada announced on Wednesday, in a familiar refrain, that it is maintaining its target for the overnight rate. However, the announcement and accompanying news conference signalled a definite change of tone. Barring major negative surprises, it took the possibility of a rate cut off the table. With inflation at target, should the positive economic news continue, a rate hike…