Canadian governments have many renewable energy programs in place to reduce greenhouse gas emissions. But which ones are the most cost-effective use of taxpayers' money? The authors conduct an audit to find out.

The Bank of Canada’s inflation-targeting regime currently relies on imperfect measures of inflation and inflation expectations. The overall performance of monetary policy would be improved if new measures of inflation and inflation expectations were incorporated into the Bank of Canada’s...

Divergent regulations and border regimes in Canada and the US are threatening the integrated, cross-border structure of the Canadian auto industry. It is time for common regulations governing safety, fuel consumption and environmental protection, and faster, more efficient border clearances.

More and younger immigrants cannot, on their own, offset the impact of low past fertility on Canadian workforce growth, old-age dependency, and incomes per person. Later retirement, higher fertility, and faster productivity growth are more powerful tools to ease the stress of demographic change...

Many Canadian cities are short of affordable rental housing. Waiting lists for low-income housing are years in length, and new-build construction of rental housing has fallen over the last two decades. This study proposes a better way to build more low-income housing in expensive Canadian...

Improving the health of children in low-income families, which is chronically worse than that of richer children, requires well-targeted policy reforms. This report identifies the policies that would, for families across different income groups, best address inequality in the health of children.

The Bank of Canada must take account of the international environment, where inflation targeting has become widespread, as it considers Canada’s future options. This study examines international experience with monetary policy over the past decade and the consequences of the worldwide spread...

The recent financial crisis has emphasized the role of sound monetary policy for ensuring Canada’s future prosperity. Although much is right with the Bank of Canada’s inflation-targeting regime, improvements such as price-level targeting and closer attention to potential financial...

There is a growing consensus that if serious action is to be taken to reduce greenhouse gas emissions in Canada, a price must be applied to emissions. But how would Canada’s climate policy coexist with the rest of the world? And how would domestic industry be affected?

Canada’s maze of differing pension regulations by province and territory discourages the creation of national, single-employer pension plans. Four options for reform – and greater harmonization – should be on the table.