10 results found for "basic income"
Op-Ed
Yet another alarming inflation number from Statistics Canada — 7.7 per cent from May to May — has underlined that something is seriously wrong with Canada’s economy. Prices are rising fast because spending is rising fast while production is not. The capacity of our economy to produce is flatlining because business investment has been so weak that the stock of productive capital per worker is…
Media Release
March 10, 2022 – The federal government needs to get serious about preparing Canada to meet future challenges by focusing on achieving growth and fiscal sustainability in its 2022 budget, according to the C.D. Howe Institute’s latest Shadow Budget.
In “Getting Serious: A Shadow Federal Budget for 2022,” authors William B.P. Robson, Don Drummond and Alexandre Laurin examine the federal government’…
Op-Ed
Canada is not keeping up in the global competition for innovation-led growth and prosperity.
Our research and development intensity is low relative to other countries and not enough of our inventions are commercialized at home. Can Ottawa’s current review of the Scientific Research and Experimental Development (SR&ED) tax credit announced in its last budget make a difference?
In principle,…
Op-Ed
The Bank of Canada’s ballooning balance sheet has received lots of attention lately. From $120 billion in early March 2020 it grew over the next 12 months to $575 billion and it still stands at $414 billion today, more than three times what it was. That happened because in response to the pandemic the Bank purchased Government of Canada bonds from commercial banks. It added the bonds to the…