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The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. Widely considered to be Canada's most influential think tank, the Institute is a trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review.

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16 Oct 2018
Oct
16
On Oct. 17, Canada will be the second country in the world to have fully legalized production and retail distribution of recreational marijuana. There will be considerable international interest in the Canadian experiment, in order to understand what works and what does not. One of the prime objectives of legalization was to stamp out the black market. However, it is now clear that this is extremely unlikely. Both federal and different provincial governments should accept responsibility for this. Black markets exist if there is insufficient legal supply or if they can offer comparable goods at lower cost. Based on available data on the number of licensed producers and medical-marijuana production and inventory levels, we estimate that...
16 Oct 2018
Oct
16
On Oct. 17, Canada will be the second country in the world to have fully legalized production and retail distribution of recreational marijuana. There will be considerable international interest in the Canadian experiment, in order to understand what works and what does not. One of the prime objectives of legalization was to stamp out the black market. However, it is now clear that this is extremely unlikely. Both federal and different provincial governments should accept responsibility for this. Black markets exist if there is insufficient legal supply or if they can offer comparable goods at lower cost. Based on available data on the number of licensed producers and medical-marijuana production and inventory levels, we estimate that...
28 Sep 2018
Sep
28
Donald Trump’s insulting statements about Canada in New York this week mark a new low in the Canada-U.S. relationship, with ramifications far beyond the North American free-trade agreement. Never before has a U.S. president threatened to inflict direct harm on Canada. While there have been some rough spots over the course of our shared history, Mr. Trump’s apparent disdain for Canada and threats of economic warfare, seeming to relish in the prospect like some kind of neighbourhood bully, has taken the bilateral relationship into a state of political disrepair. Even though the final episode hasn’t been written, it’s possible to predict that the NAFTA era may be coming to an ignominious end; 25 years of stability and mutual prosperity...

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© 2018 C.D. Howe Institute. All Rights Reserved.

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© 2018 C.D. Howe Institute. All Rights Reserved.