The Canadian economy faces serious short-term macroeconomic challenges, the most important of which is addressing the burden of our slow-growth recovery. The sources and consequences of this slow growth are the focus of this Commentary. Canadian monetary policy has little ability to further...

Since easier access to a large supply of foreign labour might generate undesirable incentives on the part of both employers and prospective workers, a Temporary Foreign Worker (TFW ) program requires careful design. Failure at any stage of the process – at time of hiring, during employment, or...

This Commentarysummarizes new evidence on Aboriginal education from the National Household Survey (NHS) that accompanied the 2011 census. There is some good news: young adults aged 20-24 at the time of the census who identified as North American Indian/First Nation and were living off-reserve,...

The lack of competition in Ontario’s system for alcoholic beverage retailing causes higher prices for consumers and foregone government revenue. A major component of the lack of competition is the disadvantage faced by small Ontario wineries and breweries relative to the larger producers....

Defined-benefit (DB) pension plans have been in trouble in recent years, largely because their sponsors have tended to underestimate their liabilities. As Canadians saving for retirement in registered retirement saving plans and defined-contribution pension plans have begun to realize, low...

Since the financial crisis in 2008, controversy has existed over whether governments should use fiscal policy in an attempt to stimulate economic activity, or whether fiscal consolidation is preferred. Those who call for continued stimulation focus on how slow and incompletely shared our...

The 2014 edition of the C.D. Howe Institute’s annual Shadow Federal Budget reinforces Ottawa’s near-term focus on returning to budgetary surplus, and presents a number of measures to foster growth in living standards over the longer term. Prudent forecasting and greater transparency in...

The federal government appears to believe that pay in the federal public sector should be comparable to pay in the private sector on a total compensation basis. Two recent government reports are generally consistent with this view. To implement this principle, pensions must be valued...

Public-sector pension plans in Canada are generally large, efficient and well managed. Funding levels are healthy when compared to private-sector pension plans in Canada and public-sector pension plans elsewhere. .And yet, all is not well. There are large differences between the fair values of...

Whether they are buying dinnerware, diapers, or dairy products, Canadian consumers are becoming frustrated by the higher prices of similar goods in Canadian stores relative to US stores. The federal government has promised to introduce legislation to address alleged price discrimination in...