It is often said that the private sector is in a good position to manage project costs and meet deadlines, but not, generally, to fund or finance projects. The underlying argument runs as follows: because the interest rate on government borrowings (the government’s financing cost) is lower...

Policymakers are concerned that Canadian businesses invest too little in innovative processes, on the view that this inhibits productivity, growth, and incomes. The evidence can be found in Canada’s low rate of growth in patent registrations and low rates of commercialization of new products...

Canada’s approach to immigration faces major challenges, and requires reform if Canada is to meet the international competition for skilled immigrants, according to a new policy study. In the Policy Study, the authors assess the strengths and weaknesses of the current point system used to...

Canada lags other countries in solving the problem of spectrum scarcity amid rising demand driven by cellphones and other wireless products. In this study, the authors call for reforms to liberalize the allocation of spectrum in Canada with a market-based approach, to increase competition, for...

All developed countries with universal healthcare systems provide universal coverage for prescription drugs – except Canada. Instead, Canadian provinces allocate limited public subsidies for prescriptions drugs, leaving the majority of costs to be financed out-of-pocket and through private...

Canada’s system of dairy supply-management restricts the availability of milk to Canadian households, food processors and restaurants to maintain a higher price for milk and dairy products than Canadians would otherwise pay. The immediate beneficiaries of the system are Canadian dairy farmers...

The Canadian labour market suffered a severe blow during the last recession, with more than 430,000 persons losing their jobs and the unemployment rate reaching levels unseen since the latter half of the 1990s. Subsequently, the labour market has shown great resilience, and there are now 900,000...