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...

Near-term turbulence should not distract Ottawa budget-makers from critical long-term tasks. This 2008 shadow federal budget will move Canada a key step forward by providing improved incentives and rewards for Canadians' work and saving, and a more congenial environment for investment and...

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...

There is a growing consensus that if serious action is to be taken to reduce greenhouse gas emissions in Canada, a price must be applied to emissions. But how would Canada’s climate policy coexist with the rest of the world? And how would domestic industry be affected?

The federal government should ensure that Canada’s air transportation industry is taxed on a level playing field with other modes of travel, such as bus or rail, and with its international counterparts. The result would be a more internationally competitive airline sector, able to serve...

The Toronto Land Transfer Tax, implemented nearly a year ago, has had significant negative effects on the housing market, reducing sales and lowering average house prices.

In nearly all Canada’s major municipalities, what should be a simple exercise – comparing the spending city council votes in its annual budget with the actual spending reported at year-end – will baffle any but the most expert reader. While most of Canada’s federal and provincial...

Federal government policies are a major cause of high costs throughout the aviation supply chain, often leading Canadians to waste time and money by seeking lower fares at nearby US airports, or not travel at all. High fuel taxes and onerous foreign ownership and airline-specific policies are...

Canada’s performance in business investment per worker relative to its peers is sliding, led by dismal performances in Quebec and Ontario, according to a new C.D. Howe Institute report. In “Capital Needed: Canada Needs More Robust Business Investment,” authors Benjamin Dachis, William B.P....

The federal government should progressively allow new entrants to bid for some of the mail services currently provided by Canada Post, says a report released today by the C.D. Howe Institute. In “How Ottawa Can Deliver a Reformed Canada Post,” author Benjamin Dachis, Senior Policy Analyst at...