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November 24, 2016

Annual budgets in most of Canada’s major cities are a mess – excluding key activities, using inconsistent accounting, burying crucial numbers where only experts can find them, and often voted well after the fiscal year has started, according the 2016 edition of the C.D. Howe Institute’s Municipal Fiscal Accountability report. In “Two Sets of Books at City Hall? Grading the Financial Reports of Canada’s Cities,” authors Benjamin Dachis, William B.P. Robson, and Jennifer Y. Tsao grade the financial presentations of major Canadian cities in their most recent budgets and financial reports.

William Robson

Bill Robson took office as CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 270 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.

Benjamin Dachis

Benjamin Dachis is a Senior Fellow at the C.D. Howe Institute. Previously, he served as Associate Vice President, Public Affairs at the C.D. Howe Institute, where he helped further the Institute’s mission to improve Canada’s economic performance by enhancing the visibility, reputation and impact of its research and activities.