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The Study In Brief With rising inflation top-of-mind for Canadians, a major question is: Can we predict its future? This Commentary shows that growth in the money supply is a useful predictor of inflation, and examines why and when. Since the early 1990s, the Bank of Canada has pursued a successful inflation-targeting strategy. With inflation, and inflation expectations, safely anchored…

The Study in Brief The lack of access to family physicians is a critical issue in Canada, with millions of Canadians lacking access to a primary care provider. Shortages have been exacerbated by the pandemic, which led to notable levels of physician burnout and an increase in retirements. This Commentary estimates the shortages of family physicians in provinces and territories, and analyzes…

The Study In Brief The frequency of viral outbreaks and pandemics in the last two decades, including the current COVID pandemic, has focussed attention on Canada’s pandemic preparedness generally and its pandemic vaccine development and production self-sufficiency, in particular. As Canada faced disruptions in the supply of COVID vaccines from other countries, there were numerous calls for a…

1. Introduction This Verbatim develops and elaborates on remarks by the author at the Trade Policy Research Forum Webinar, “Friends making sense of Friend-shoring: Costs, Benefits and Prospects,” with Emily Benson, moderated by Mia Mikic, and hosted by Ben Shepherd and Hanna Norberg. The globalization of supply chains has been a significant source of economic growth over the past several decades…

The Study in Brief The 2021 Canadian Net-Zero Emissions Accountability Act requires Canada to achieve “net zero” greenhouse gas emissions (GHGs) by 2050. An important component of the goal is that the power sector realize “net zero” by 2050. The Canada Energy Regulator (CER) has developed a net-zero projection for the power sector, emphasizing renewables (hydro, wind, solar). Wind and…

The Study In Brief COVID-19 has piled troubles on top of troubles for Canada’s health-care sector and its workforce. Some believe it to be in crisis, collapsing even, the result of a shortage of workers, who have become ill themselves, burned out, resigned or retired early, or the result of having too few educated and trained workers in the first place. Shortages usually call for the education,…