306 results found for "guaranteed annual income"
Op-Ed
The Bank of Canada recently announced an end to two short-term lending programs it introduced at the start of the pandemic. Their winding down is welcome news: it means the bank has been successful in stabilizing financial markets. But now comes the tricky part: encouraging economic expansion, which traditionally is inflationary, even while reassuring buyers of Canadian governments’ bonds it will…
Intelligence Memos
From: James A. Haley
To: Canada’s Policymakers
Date: June 23, 2020
Re: Securing the Recovery
COVID-19 threatens the economic security of all Canadians. It has already led to massive unemployment; it could yet unleash a wave of business failures. Existing bankruptcy frameworks resolve creditor coordination problems and promote orderly restructurings. They are not designed to deal…
Intelligence Memos
From: Jeremy M. Kronick and Duncan T. Munn
To: Financial Sector Regulators
Date: May 11, 2020
Re: Ensuring Capital for the Recovery
The COVID-19 crisis has ravaged economies and damaged private sector balance sheets all around the world, Canada included.
The Bank of Canada has seen its balance sheet more than triple in the last two months. With all that liquidity floating around, access to…
Intelligence Memos
From: Grant Bishop, Benjamin Dachis, and William B.P. Robson
Date: April 6, 2020
To: Members of Parliament
Re: Making the Federal Wage Subsidy Work
Like the battle against the virus itself, the struggle to mitigate the economic impact of the COVID-19 crisis is forcing governments to act swiftly.
The federal government’s Canada Emergency Wage Subsidy (CEWS) is a case in point. By supporting up to…
Intelligence Memos
From: Rob Gillezeau, Gillian Petit and Lindsay Tedds
To: COVID response policymakers
Date: March 24, 2020
Re: Recommendations for Immediate Provincial Policy Responses to COVID-19
With COVID-19 sweeping across the globe, conditions in Canada are, unfortunately, likely to get worse before they get better.
Given the scale of the wealth shock in stock markets alone – ignoring…
Intelligence Memos
From: Dan Ciuriak
To: Canadians Concerned about US trade policy
Date: February 20, 2020
Re: The New NAFTA: Better than no NAFTA but curb your enthusiasm
As Parliament takes up the study of the new NAFTA, we provide some quantitative evidence concerning the economic and trade implications of what is on the table.
The Canada-United States-Mexico Agreement (CUSMA), originally…
