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From: Eloise Duncan To: Finance Minister Chrystia Freeland Date: October 28, 2021 Re: Financial Resilience Index: a New Tool to Refine Income Support Governments were generous and broad in their financial support during the COVID-19 pandemic, but as the economy returns to a normal state – and fiscal positions remain under strain – it is imperative that any future stimulus be targeted. …

We welcome back RBC's John Stackhouse and Cynthia Leach to discuss how an estimated $280B saved by Canadian households during the pandemic will impact economic recovery, and what role public policy should play in guiding Canada out of the pandemic tunnel and into the light.

From: Don Drummond  To: Ontario Budget Watchers Date: March 29, 2021 Re: Ontario Budget: Much Heavy Lifting Required to Achieve Fiscal Stability Ontario’s 2021 budget last week added a longer-term perspective to the usual short- or medium-term perspective of budgets, and it does not make for pleasant viewing. Its three scenarios for GDP growth – 1.8, 2.0 and 2.2 percent per…

In 1990, then-prime minister Brian Mulroney infamously quipped that a first ministers’ meeting about the Meech Lake Accord was “the day I’m going to roll all the dice.” The 2021 federal budget rolls Canada’s dice again, by burdening a generation with more debt. One hopes the result is more positive than what befell the accord and the Mulroney government. Some of us were hoping the budget would…

From: Don Drummond To: Canadian Debt Watchers Date: April 20, 2021 Re: Budget 2021 Leaves Canada Awash in Debt for More than a Generation The C.D. Howe Institute 2021 Shadow Budget recommended the federal government return to around the pre-pandemic 30 percent of GDP net debt burden within two decades. Yesterday’s Budget shows that marker of fiscal stability not being attained until…

As the COVID-19 crisis continues to unfold, C.D. Howe Institute experts have been busy tackling the policy challenges that the global pandemic has created. On this page, readers can find our most recent reports from our Crisis Working Groups, Intelligence Memos, op-eds, media appearances and more addressing the issues affecting Canadians and the economy in these troubled…