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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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28 Jan 2019
Jan
28
Ontario Premier Doug Ford’s decision last fall to put the retailing of cannabis in the hands of the private sector was a good one. The province recently held a lottery to determine who would operate as a cannabis retailer. The use of a lottery, as opposed to an auction or a “preferred suppliers” rule, to allocate retail outlets can be defended on two grounds. One is that the government did not wish to give excessive retail power to existing cannabis interests with deep pockets, or to other retailers such as Walmart or a pharmacy chain. An auction would likely have resulted in a concentration of retail power akin to the concentration of production power that exists at present. That concentration of production power already places the...
22 Jan 2019
Jan
22
The American economy is adrift, like a huge sailing ship. When tides are high and winds are favourable, it can be headed in the right direction. But when conditions darken, the U.S. economy will have no mooring or anchor to rely upon. It could even end up crashing on the rocks once again as it did in 2008. The U.S. economy is now a decade into a sustained growth cycle, and it is essentially back to its potential growth path. Near-term economic conditions are generally positive, notwithstanding the trade war with China and the recent meltdown in share prices for many profitable and well-performing companies. U.S. economic growth was robust in 2018, fuelled by a tax cut that advantaged firms and higher-income individuals, and the...
17 Jan 2019
Jan
17
Canada’s unemployment rate remained at its lowest recorded level at the end of 2018, but it does not reveal the whole story. Although a low unemployment rate points to a strong labour market performance, it masks variations among the provinces. The jobless rate in Atlantic Canada, for example, is significantly higher than the national rate, but the majority of unemployed persons reside in Ontario, where access to unemployment benefits is more limited because of eligibility criteria. More balanced Employment Insurance (EI) eligibility – both regionally and toward workers in non-standard jobs – would better recognize the labour market reality in Ontario. With no month-over-month change, the national unemployment rate in December stayed...
© 2019 C.D. Howe Institute. All Rights Reserved.
© 2019 C.D. Howe Institute. All Rights Reserved.