Provincial retail sales taxes are remarkably high on business inputs, including purchases of capital goods that spur growth in productivity and employment. Evidence from Eastern provinces with a Harmonized Sales Tax (HST) suggests that harmonizing provincial sales taxes with the federal GST...

Canadian policymakers should pursue new options for facilitating investment in innovation and entrepreneurship. Better venture capital policy is the place to start, because existing tools for delivering financial investment to start-ups are not succeeding.

Residents of Canada’s major cities tend to pay far more in taxes than they receive in federal and provincial programs. Why?

Anti-poverty initiatives over the last decade have lifted many people out of poverty, mainly through improved employment rates. To make further progress in tackling poverty, targeted interventions are in order that draw on past policy successes.

The Bank of Canada has announced that its inflation-targeting regime, in place since 1991, is at last to get a thorough review. The Issues needing examination include whether to move to a "price stability" program, which might be both feasible and desirable.

The global financial landscape is changing. Canada’s legislative and regulatory framework for financial services must change as well.

To sustain growth, Canada must engage in a never-ending process of economic development and transformation. To do so, new growth theory indicates that Canada should ensure that competition policy boosts innovation, beware of further extending patent protection, and welcome international trade...

Attempts to shore up the classic single-employer, defined-benefit pension plan are the wrong response to Canada’s occupational pension problems. While tax and regulatory changes can help, Canadians need a new approach to retirement income that will pool risks, control costs, and avoid the...

Experience with road pricing generally — and congestion pricing specifically — is growing around the world. Research and planning in Canada should begin now on road pricing for heavily congested highways and streets.