$400,000 Gift Puts CD Howe Institute Special Capital Campaign Over the Top
TORONTO, May 29, 2012 /CNW/ – Bill Robson, President & CEO of the C.D.
Howe Institute, today announced a $400,000 gift from Wendy Dobson,
distinguished economics professor at the Rotman School of Management.
Dobson is a former Institute President and Associate Deputy Minister of
Finance. Her gift completes a fundraising campaign for the Institute’s
Endowment for Special Studies seeded by a challenge grant of $1.05
million from philanthropist Alfred Wirth. Wirth’s gift is the largest
single gift in the Institute’s history.
In making her gift, Dobson emphasized the Institute’s decades-long
contributions to the country’s most important economic policy debates
on fiscal and monetary policy goals, trade liberalization and
“The purpose of the gift is to facilitate the Institute’s growing role
in exploring ‘smart policy’ which anticipates, rather than reacts to,
the huge global shifts underway in the world economy today. Canada’s
favorable position in the wake of the global financial crisis needs to
be matched by a strategic inter-generational response to the global
economic and geo-political shifts underway,” Dobson said.
“Canada has benefitted strongly from the Institute’s decades-long
contributions of independent, evidence-based, peer-reviewed policy
research,” she said. “The C.D. Howe Institute’s research is a critical
asset to policy makers, and it provides a unique venue for substantive,
non-partisan policy development. It stands alone among the major
economic think tanks without a major endowment from governments or
interest groups. I hope this gift inspires others to make personal
contributions to the Institute’s future.”
Bill Robson noted that Dobson’s gift is but the latest chapter in her
extensive history with the Institute.
“Wendy Dobson was the Institute’s chief executive during a crucial
period in the 1980s, building its resources and overseeing its
contributions to key debates over fiscal and monetary policy and
Canada-US free trade,” said Robson. “After she left for a senior role
in the public service and represented Canada in G7 economic
discussions, and built her reputation for superb research and teaching
at the University of Toronto, Wendy continued to contribute to the
Institute’s research as an author and valued advisor.”
“The C.D. Howe Institute’s work would not have ‘must-read’ standing
among policy, business, university and media leaders across Canada
without the financial and intellectual support we celebrate today,”
“The Endowment for Special Studies constitutes a huge step forward for
the Institute’s research capacity.”
The C. D. Howe Institute is an independent not-for-profit research
institute whose mission is to raise living standards by fostering
economically sound public policies. It is Canada’s trusted source of
essential policy intelligence, distinguished by research that is
nonpartisan, evidence-based and subject to definitive expert review. It
is considered by many to be Canada’s most influential think tank.
SOURCE C.D. Howe Institute