Federal Pot Report Still Leaves a Lot of Haze in The Air: Financial Post Op-Ed
The federal government has just released the report of its special advisory task force on marijuana legalization. While the report lays out broad strokes, key decisions remain on retail distribution, legal age limit, and taxation that Ottawa and the provinces should agree on soon.
From: Benjamin Dachis
To: Minister Glenn Thibeault
Date: December 15th, 2016
Re: The Good, the Bad, and the Ugly of Ontario’s Electricity
$100,000 Gift Made to the C.D. Howe Institute
December 14, 2016 – The C.D. Howe Institute today announced a $100,000 gift from long-time member and friend Donald K. Johnson, to enhance the Institute’s core operations.
“Don’s support will enhance the C.D. Howe Institute’s capacity to research and communicate on Canada’s economic policy challenges,” said William Robson, the Institute’s President and CEO. “We deeply appreciate this vote of confidence from a long-time friend and supporter.”
Chris Ragan
Submitted by Kyle.Murphy onBringing together top policy-minded economists from across Canada, the C.D. Howe Institute leads the pack in analysing and debating important issues, and offers policymakers a solid foundation of logic and evidence for possible solutions.
Al D. O’Brien Re-Appointed as a C.D. Howe Institute Senior Fellow
December 5, 2016 – William Robson, President and CEO of the C.D. Howe Institute, announces the re-appointment of Al D. O’Brien, Fellow, Institute for Public Economics, University of Alberta, as a Senior Fellow.
“Al has a wealth of experience and insight on public finance, budgetary policies, and fiscal federalism in Canada,” remarked Robson. “The C.D. Howe Institute has benefited from his contributions to our research program on many occasions in the past, and we look forward with pleasure to further collaboration.”
David Dodge, former Governor of the Bank of Canada, presented his views on the appropriate balance of monetary and fiscal policies for a slow-growth global economy on December 2nd at a C.D. Howe Institute luncheon. In his remarks, entitled “The Role of Macro-Economic Policies in an Era of Global Economic Stagnation,” Dodge noted: “We are stuck in a low-growth global economy characterized by excess supply and low inflation, a low natural interest rate, low productivity growth, and current account imbalances.”
What to do?
December 1, 2016 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today called for the Bank of Canada to keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 0.50 percent at its next announcement on December 7, 2016. Looking ahead, the Council said the Bank should hold the target at 0.50 percent over the next six months, and narrowly voted for it to stay there until December of 2017.