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Latest C.D. Howe Institute Stories

2014-04-09 12:26:07

TORONTO, April 9, 2014 /CNW/ - Ottawa's unfunded liabilities for employee pension plans rose to $272 billion in 2013, far larger than reported, according to a new C.D. Howe Institute study. In "Ottawa's Hidden Deficit: The Widening Gap between Federal Government Pension Liabilities and Assets," authors William B.P. Robson and Alex Laurin find the value of federal employee pension promises is much larger than shown on the books, and still growing. "Using an economically...

2014-04-02 12:25:49

TORONTO, April 2, 2014 /CNW/ - Federal public servants have pension guarantees in their defined-benefit pension plans that are mispriced, causing Ottawa to seriously underestimate the cost of the pension plans and the total compensation of its employees, according to a report released today by the C.D. Howe Institute. In "Evaluating Public-Sector Pensions: Are Federal Public Servants Overpaid?" respected pension expert Malcolm Hamilton says this advantageous situation for members...

2014-03-24 12:24:41

TORONTO, March 24, 2014 /CNW/ - Canada's senior governments have regularly missed budget spending and revenue targets during the last decade, with spending overruns of $47 billion combined, according to a report released today by the C.D. Howe Institute. In "Credibility on the (Bottom) Line: The Fiscal Accountability of Canada's Senior Governments, 2013," authors Colin Busby and William B.P. Robson rank the performance of Canada's federal, provincial and territorial governments...

2014-03-11 12:23:27

TORONTO, March 11, 2014 /CNW/ - As Ontario pushes ahead with pension reform to improve retirement security for its citizens, it should consider a "middle-way" solution between current competing visions for reform, according to a report released today by the C.D. Howe institute. In "Helping Ontarians Save for Retirement: How the Province Could Adapt the Canada Supplementary Pension Plan," author Keith Ambachtsheer recommends an approach that avoids the potential pitfalls of two...

2014-02-27 16:25:30

TORONTO, Feb. 27, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on March 5, 2014. The Council further called for the Bank to hold the target at 1.00 percent through to March 2015. The MPC provides an independent assessment of the monetary stance appropriate for...

2014-02-25 12:23:59

TORONTO, Feb. 25, 2014 /CNW/ - Canadian businesses face costly red tape when they want to do business across provincial borders; a problem that is hindering business expansion and economic growth, according to a report released today by the C.D. Howe Institute. In "Registering in Harmony: The Case for Pan-Canadian Corporate Registration," authors Daniel Schwanen and Omar Chatur note that while harmonization of corporate registries is proceeding apace around the world, in Canada,...

2014-02-24 12:23:11

TORONTO, Feb. 24, 2014 /CNW/ - The C.D. Howe Institute announces that the Chair of its Board of Directors, William Morneau, has informed the Board that he is resigning from all his functions as a Board member with immediate effect. "I am proud of the C.D. Howe Institute and its outstanding work on Canada's economic policy challenges," said Morneau, who is also Executive Chairman of Morneau Shepell. "With my new role as an adviser to the Liberal Party of Canada, however, I...

2014-01-22 12:22:37

TORONTO, Jan. 22, 2014 /CNW/ - Canada's airports and airlines are hobbled by federal government policies that send travelers' costs soaring, according to a report released today by the C.D. Howe Institute. In "Full Throttle: Reforming Canada's Aviation Policy," author Benjamin Dachis finds high fares are symptomatic of wider problems in the aviation industry that Ottawa should address with sweeping policy reforms. Federal government policies are a major cause of high costs...

2014-01-16 16:22:28

TORONTO, Jan. 16, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on January 22, 2014. The Council further called for the Bank to hold the target at 1.00 percent through to January 2015. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...

2014-01-15 12:22:46

TORONTO, Jan. 15, 2014 /CNW/ - Opaque budgeting methods and financial reports in Canada's major cities baffle councilors and taxpayers, according to a report released today by the C.D. Howe Institute. In "Baffling Budgets: The Need for Clearer and More Comprehensive Financial Reporting by Canada's Municipalities," authors Benjamin Dachis and William B.P. Robson, say fixing these flaws is a critical step toward better accountability to voters for municipal spending and taxation....


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