In Canada, inflation targeting is widely agreed to have been a success story, but questions about how the regime might be fine-tuned in 2011 remain open. This Commentary asks how much discretion an inflation-targeting Bank of Canada can be allowed without compromising the credibility of its low...

Canada is at an energy and environmental crossroad. Fossil fuels cause environmental damage and the growth potential of large-scale hydroelectricity is limited. Policymakers are reconsidering the merits of nuclear power as both a low-carbon emitting and low-cost base load electricity source....

Can Canada improve on its successful monetary order based on a 2 percent inflation target when it expires in 2011? Yes – better price measures, a lower inflation or price-level target, and stronger accountability could better preserve the value of Canadians’ money.

The current state of municipal water pricing in Canada is significantly flawed, with costs that include underfunded water agencies, aging infrastructure and excessive consumption. Reforms are required, including the expanded use of water meters and seasonal surcharges that better reflect costs.

Pension fund managers have devised ways to effectively skirt the rule that limits them to acquiring no more than 30 percent of the shares eligible to vote for the directors of a corporation. It’s time for regulators to enforce the rule or eliminate it entirely, thereby giving pension funds a...

Canada’s 2 percent inflation targeting program works pretty well – but could targeting the price level work even better, especially when inflation and the price level might not be perfectly observed?

This Commentary provides an insider’s perspective on Canada’s difficult experience with inflation before the mid-1990s and draws some general lessons from this historical record for today’s monetary policy.

The high dropout rate among francophone Quebec students, particularly boys, has recently received considerable attention in that province. Media coverage has been extensive, indicating widespread public concern. However, the high-school dropout-rate problem is not restricted to Quebec. Based on...

While Canadian federal and provincial governments have made progress in reducing the tax burden on business investment in recent years, the 2009 budget season also saw more counterproductive tax policies that favour certain industries and disadvantage others. In this Commentary, the authors...

G-20 ministers should avoid creating a new layer of regulation to counter future systemic financial risks, according to a newly released C.D Howe Institute study. The Commentary by Nick Le Pan, former Superintendent of Financial Institutions, cautions against current G-20 proposals to expand...