92 results found for "guaranteed annual income"
Op-Ed
Published in the Financial Post on June 11, 2011 By William B.P. Robson The recent economic crisis highlighted the weak foundations of defined-benefit (DB) pension and social-security schemes around the world. The Canada Pension Plan appears to have weathered that storm well, and some are advocating an expanded CPP to alleviate risks of low incomes in retirement. Proposals for a bigger CPP that…
Op-Ed
By Finn Poschmann Published in the Financial Post on March 22, 2012 The federal budget due March 29 almost certainly will unveil the government’s thinking on the future of the Canadian covered bond market. This may prove strangely important, because covered bonds lie at the heart of one of the most contentious public policy issues in the Canadian financial system. The bonds are “covered” because…
Op-Ed
The accumulation of past failures in fighting poverty has breathed new life into proposals to introduce a basic income, also known as a Guaranteed Annual Income. Ontario, for example, has a pilot project underway championed by former senator Hugh Segal. But, is the basic income approach, where governments provide direct financial support to low-income people, the best approach? Basic income…
Op-Ed
Published in the Financial Post on July 27, 2015 Lawrence L. Herman, founding partner at Herman & Associates, practices international trade law and is a Senior Fellow of the C.D. Howe Institute in Toronto. Americans provide billions in protectionism to dairy that will have to be given up for trade deal. We rail against Canada’s supply management system. Rightly so. It’s a Soviet-style regime…
Op-Ed
Published in the Financial Post on July 16, 2015 By Thorsten V. Koeppl and James MacGee Thorsten V. Koeppl is Associate Professor and RBC Fellow, Department of Economics, Queen’s University; and Scholar in Financial Services and Monetary Policy, C.D. Howe Institute. James MacGee is Associate Professor of Economics, Western University, and a Research Fellow at the C.D. Howe Institute.…
Op-Ed
Canada’s buoyant housing market, with lots of new construction, booming renovations, and a torrid pace of transactions, has been a good news story in a year that had too few. But as underlined in a recent FP article called “The housing boom that never ends,” the news on housing has been a little too good. Meanwhile, other business investment – in non-residential structures, machinery and…