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The Study in Brief As a primary pillar of Canada’s social safety net, Employment Insurance (EI) has proven itself to be slow to react to downturns, weakening its ability to automatically stabilize the economy. It has also gone off track from its original main goal: to provide insurance against unpredictable job losses. EI should be modernized with an eye to making it a more effective counter-…

The Study in Brief Provincial and municipal governments should cut excessive regulations on new housing development projects and lower the upfront costs on homebuyers to help Canadians grapple with skyrocketing housing prices.  The author estimates the gap between the marginal cost of construction for new housing and the market price in major Canadian city areas. This gap shows the extent…

The Study In Brief The 2022 federal budget launched consultations on the implementation of new proposed rules for a Global Minimum Tax of 15 percent, which was endorsed in principle by members of the OECD and G20 in 2021. In simple terms, the tax rules would apply to multinational enterprises (MNEs) with annual consolidated revenues generally of EUR 750 million. However, none of this is simple.…

The Study In Brief Canadian and global climate change ambitions are generally associated with a goal of reducing reliance on fossil fuels as a mechanism to reduce carbon emissions. Within this context, the Canadian oil sands have been characterized as “too expensive” to maintain production if global crude oil demand falls, a view that appears regularly in the media and even in government reports…

The Study in Brief A surging population of seniors. A surging demand for their care. And constrained government financial resources. That is the conundrum Canada faces in the years ahead. Solutions are needed quickly to increase capacity and services for seniors, especially those most in need. This Commentary examines the availability of different housing and care options for seniors, the…

The Study in Brief Simple changes to tax rules can improve retirement security for Canadians, as well as make the retirement system more equitable among different classes of savers, and more efficient at managing longevity risks for capital decumulation. This E-Brief provides a discussion of needed retirement-related tax changes impacting members of capital accumulation plans, such as RRSPs and…