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After several years of relatively robust performance, Canada is lagging its peers in business investment growth, according to a new report by the C.D. Howe institute. In “Equipping Canadian Workers: Business Investment Loses a Step against Competitors Abroad,” authors Benjamin Dachis and...
Persistent link: https://www.econbiz.de/10010855061
The 2014 edition of the C.D. Howe Institute’s annual Shadow Federal Budget reinforces Ottawa’s near-term focus on returning to budgetary surplus, and presents a number of measures to foster growth in living standards over the longer term. Prudent forecasting and greater transparency in...
Persistent link: https://www.econbiz.de/10010855069
Canadians should hold off on declaring a slowdown in government healthcare spending to sustainable growth rates, says a C.D. Howe Institute report released today. In “Bending Canada’s Healthcare Cost Curve: Watch Not What Governments Say, But What They Do,” author William B.P. Robson finds...
Persistent link: https://www.econbiz.de/10010933945
Control over public money is fundamental to democratic government, and presents huge challenges to legislators and taxpayers. Getting the information needed to answer simple questions such as how planned spending in the upcoming year compares to actual results in the prior year can be hard, and...
Persistent link: https://www.econbiz.de/10011261849
Ottawa should move to reform seniors' benefits in the upcoming budget by letting recipients choose richer payments, later, from the Old Age Security and Guaranteed Income Supplement programs if they wish. In the report, the author says letting OAS and GIS recipients delay take-up and rewarding...
Persistent link: https://www.econbiz.de/10010540626
Advocates of an expanded Canada Pension Plan as a response to Canadian concerns about low incomes in retirement too often promote it as a plan with guaranteed benefits that are fully funded. The CPP looks like a defined-benefit plan, but it is not. Most of its benefits are targets contingent on...
Persistent link: https://www.econbiz.de/10009209690
Fiscal pressures and sovereign debt concerns around the world are intensifying scrutiny of government finances. Even in Canada, where these pressures and concerns are less acute, federal and provincial fiscal controls could be better. Some Canadian governments still present budgets to their...
Persistent link: https://www.econbiz.de/10009324059
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...
Persistent link: https://www.econbiz.de/10009398242
Cities are the most visible level of government for most Canadians, providing services such as waste collection, policing and transit. Yet their budgets are the most opaque of any level of government. Municipalities generally use accounting in their budgets that does not match what they use in...
Persistent link: https://www.econbiz.de/10009398243
Ottawa has an opportunity in the 2010 Federal Budget to improve retirement saving prospects for many Canadians. In a paper released today, the author outlines straightforward, no-regrets ways Ottawa can facilitate more saving and make cost-effective risk-pooling available to the majority of...
Persistent link: https://www.econbiz.de/10008594232