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Latest C. D. Howe Stories

2014-05-29 16:24:29

TORONTO, May 29(th), 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 June 4, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the fall of this year, but called for a target of 1.25 by June 2015. The MPC provides an...

2014-05-14 12:27:47

TORONTO, May 14, 2014 /CNW/ - Current immigration policies overlook the unique challenges faced by immigrant children, resulting in higher dropout rates for those arriving in Canada as teenagers, according to a new C.D. Howe Institute report. In "Don't Forget the Kids: How Immigrant Policy Can Help Immigrant's Children," authors Colin Busby and Miles Corak assert that various government policies do not take children's prospects into account, including the Temporary Foreign Workers...

2014-05-06 12:26:11

TORONTO, May 6, 2014 /CNW/ - Consumers should blame government policy, not retail price gouging for large Canada-US price gaps, according to a new C.D. Howe Institute report. In "Sticker Shock: The Causes of the Canada-US Price Differential," author Nicholas Li finds that rising wholesale price gaps over the 2004-2007 period reflect ill-advised Canadian government regulations, such as high tariffs as well as supply management. "In 2004, if a resident of British Columbia went to...

2014-04-24 12:25:53

TORONTO, April 24, 2014 /CNW/ - Changes to the Temporary Foreign Workers (TFW) program between 2002 and 2012, which made it easier to hire foreign workers, accelerated the rise in unemployment in Alberta and British Columbia, according to a new C.D. Howe Institute report. In "Temporary Foreign Workers in Canada: Are They Really Filling Labour Shortages?", author Dominique M. Gross finds that easier access to foreign labour can generate undesirable incentives on the part of...

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...

2014-03-24 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...

2014-02-27 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...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'