306 results found for "guaranteed annual income"
Intelligence Memos
Canada’s Crown corporations form a major part of the economy, but rarely draw detailed scrutiny. In his latest C.D. Howe Institute Commentary and in this special Intelligence Memo series, Fellow-in-Residence Glen Hodgson sets out principles for effective governance for Crowns. Today, we examine the case of Export Development Canada. From:  Glen Hodgson To:  Overseers…
Intelligence Memos
From: Joshua Krane and James Musgrove To: Innovation Minister François-Phillippe Champagne Date: May 10, 2021 Re: Competition Act Changes: Proceed with Caution Canada enjoys a modern and robust competition law regime suited for an open-market, trading economy. It includes an extensive toolkit of powers for the Competition Bureau to investigate and address anti-competitive conduct,…
Op-Ed
A couple of weeks back, Jack Mintz warned Financial Post readers that governments that think low interest rates will let them keep borrowing big are on a dangerous path. As he pointed out, the presumption that deficits are sustainable depends on the rate of growth of the economy exceeding the interest rate. Drilling down, if a government borrows to pay all its interest, its debt will…
Intelligence Memos
To: Governing Council at the Bank of Canada From: Jeremy M. Kronick and Steve Ambler Date: October 1, 2020 Re: Average Inflation Targeting: Is It Right for Canada? On August 27, the US Federal Reserve Board announced an important modification of its monetary policy framework, moving towards “average-inflation targeting” (AIT). As the Fed’s announcement said: “following periods when…
Op-Ed
On Aug. 27, the U.S. Federal Reserve Board announced an important modification of its monetary policy framework, moving towards “average-inflation targeting” (AIT). As the Fed’s announcement said: “following periods when inflation has been running persistently below two per cent, appropriate monetary policy will likely aim to achieve inflation moderately above two per cent for some time.” The…
Intelligence Memos
From: Don Drummond  To: The Office of the Prime Minister Date: August 24, 2020 Re: Don't Forget a Fiscal Anchor for the Speech from the Throne Prime Minister Trudeau has indicated the government will disclose expensive initiatives to Canadians in a Speech from the Throne on September 23. Without also proposing very large tax increases, this new agenda would clearly abandon any…