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 –...

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...

With inflation as measured by the Consumer Price Index (CPI) growing faster than the Bank of Canada’s 2 percent target, the Bank has pointed out that core CPI, which excludes items whose prices are especially volatile, is at or below target and, further, that the Bank anticipates total CPI...

Investment in plant and equipment per worker by business in Canada has long lagged that in the United States and other major developed countries, likely contributing to disappointing productivity growth in Canada. Fiscal and regulatory changes that would increase the rewards to investment and...

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).

As Canada’s babyboom generation approaches retirement age, public concern about the adequacy of retirement income is mounting, note the authors. Most of the public debate has been about potential reform of the tax and fiduciary rules governing corporate pension plans, the possibility of...

As a wave of babyboomers retire, the upcoming decade will see only a modest expansion in Manitoba’s available workforce, and most of this net increase will depend on job-seeking young Aboriginals. Policy reforms should encourage more Aboriginal students to finish high school. Smart reforms to...

As Toronto gears up for a municipal election this fall, the city's poor record on fiscal accountability promises to be a central issue. As the sixth largest government in Canada, with a budget of over $11 billion annually, Toronto city hall should have its finances under better control. A...

The 2009 federal budget proposed a $40 billion economic stimulus package spanning two years and projecting a return to balanced budgets within five. The projected quick recovery of federal finances relies primarily on aggressive assumptions about future interest rates, growth of program...