Between 1999-2000 and 2010-11, total government program spending increased by 36.4%, from $7,505 per capita to $10,240 on a constant dollar basis. Nowhere is the need to bring expenditures and revenue into alignment more obvious and critical than in health care... with the population aging –...

Defined-benefit (DB) pension plans have been in trouble in recent years, largely because their sponsors have tended to underestimate their liabilities. As Canadians saving for retirement in registered retirement saving plans and defined-contribution pension plans have begun to realize, low...

Each spring, Canada’s federal, provincial and territorial legislatures vote budgets that set out their spending and revenue goals for the fiscal year. Budget votes are critical for holding governments accountable to legislators, and in turn to voters and taxpayers. Over the last decade,...

Quebecers are carrying a $682 billion fiscal burden – the higher tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “An Aging Population Fiscal...

Canadians can be proud of their country’s relatively strong recovery from the 2009 slump, but should not be complacent. Canada’s fiscal situation is strong only by comparison with the dire situations in other major advanced countries. Our national saving rate is too low to support needed...

Spending on healthcare in the western provinces and Canada has increased over time, outpacing growth in other government program spending. Further, the trend is expected to continue given the aging population and an increase in demand for new technology and treatments, which is a concern for the...

We know there is nothing more important to Manitoba families than the health of their loved ones. That’s why health care has always been our top priority. Mr. Speaker, we are focused on expanding care instead of costs.” (Manitoba Budget Address 2012, p. 3).

Canada’s governments have regularly missed budget spending and revenue targets during the last decade. Taken together, the spending overruns of federal, provincial and territorial governments have surpassed $53 billion in the last 10 years. If budget targets were met more accurately, current...

Many retirees face dramatic erosion of their savings due to outdated government rules, says a new C.D. Howe Institute report. In “Outliving Our Savings: Registered Retirement Income Funds Rules Need a Big Update,” authors Alexandre Laurin and William Robson urge the government to re-visit...