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Providing a comprehensive, one-size-fits-all guaranteed annual income (GAI) is not the best solution to fighting poverty in Canada, according to a new report from the C.D. Howe Institute. In “Toward a New Balance in Social Policy: The Future Role of Guaranteed Annual Income within the Safety Net,” author Peter Hicks urges policymakers to address poverty by using a “bottom-up” approach and…

Expanding the Canada Pension Plan (CPP) is a risky route to addressing Canadian concerns about low incomes in retirement, according to a report released today by the C.D. Howe Institute. In “Don’t Double Down on the CPP: Expansion Advocates Understate the  Plan’s Risks,” author William B.P. Robson says advocates of an expanded CPP as a solution to retirement income worries too often promote…

While public debate has mainly focused on the “gold-plated” defined benefits of many public-service pension plans, the real problem lies in a flawed approach to managing compensation costs, according to respected pension expert Malcolm Hamilton.  In, “Evaluating Public-Sector Pensions: How Much Do They Really Cost?” Hamilton says the problem is government sponsors who typically underestimate…

From: Grant Bishop and Blake Shaffer To: Greg Rickford, Ontario Minister of Energy, Northern Development and Mines Date: April 21, 2020 Re: As electricity demand sinks, Ontario power costs rise 24 percent with more to come Many Ontario businesses can expect a surge in their power bills even with the pandemic driven fall in demand and real-time wholesale prices for electricity. These effects are…

From: Marcel Boyer  To: Canadians Concerned about Business Grants Date: February 4, 2021 Re: Government Support for Business Would Benefit from Auctions Business support programs from governments are numerous, offered by every level, generally somewhat opaque and costly. They take many forms: a direct grant, a loan at a low (zero) interest rate, a loan guarantee, a reduced tax…