Waubageshig

Immigrants Surpassing Children of Canadian-Born Parents in Science, Reading and Math

In this edition of Graphic Intelligence, we show that the trends in achievement for immigrant students in Canada on the international PISA test have been much better than those for students with Canadian-born parents over the past decade.

While students with Canadian-born parents scored higher than first- or second-generation immigrants on math, reading, and science in 2006, this advantage has since disappeared. In fact students with Canadian-born parents are now the worst-performing group on the mathematics portion of the PISA test.

From: James M. Mabbutt

To: Finance Minister Morneau

Date: December 21, 2016

Re: Consumer Protection, Banks and Federal Authority

Your proposed budget implementation legislation (Bill C-29) set up a comprehensive consumer protection regime for bank customers. That regime represents yet another skirmish in the ongoing federal-provincial war for control over banks. I would like to propose a win-win solution.

Report of the C.D. Howe Institute Business Cycle Council

December 21, 2016 - It is not possible to call the first two quarters of 2015 a recession. This is the consensus view of the C.D. Howe Institute’s Business Cycle Council, which met on December 13, 2016.

Bank of Canada Should Stay the Course on Rates: Globe and Mail Op-Ed

After a prolonged wait, the U.S. Federal Reserve raised its target for the Fed funds rate by 25 basis points last week. Its statement also hinted at three possible increases in 2017. Many Canadians are now asking if the Bank of Canada should raise its overnight rate in response. The short answer is “No.” Following the Fed’s rate hike, the Bank of Canada should do exactly what it was doing before the Fed’s hike: setting its overnight rate at the level required to hit its 2-per-cent inflation target.

From: William Robson

To: Canada's Health Ministers

Date: December 20, 2016

Re: Setbacks in the Struggle to Constrain Provincial Healthcare Budgets

The 2016 release of the Canadian Institute for Health Information’s National Health Expenditures (NHEX) database contained two items of disquieting news, one immediately noticeable, the other getting less attention than it should.