Latest budget a big step for Canada’s financial services ecosystem
The government will finally advance Canada towards consumer-driven finance when it tables legislation signalled in April’s budget.
Pandemic ‘supply shocks’ could indicate need for more agile monetary policy, says former BoC deputy
The current monetary policy framework agreement between the federal government and the Bank of Canada, which lays out the mandate of the central bank, is set to expire at the end of 2026.
Spring lessons from Canada’s recent economic winter
Let’s hope this long economic winter will have equipped us to make the next ones less harsh, and that the spring finally comes back in full force.
There’s a reason the budget didn’t help the Liberals
Canadians are tired of enormous deficits, they don’t like being bribed with their own money, and there is fatigue with the PM as the bearer of the largesse.
Canada can solve its productivity ‘emergency’—we just need politicians on board
Governments have other options, like scrapping interprovincial trade barriers and allowing allowing foreign competition.
Budget capital gains reform will boost investment
Collecting more revenue from the largest gains on sales of existing assets while offering greater incentives to create new assets is a smart economic strategy.
Budget’s AI investment is Canada playing catch-up
A plan has to be more than just a litany of fresh promises in one budget after another. Where is the strategy, and what are the defined outcomes that will tell whether it’s working?
Public service unions sound alarm over feds’ plan to trim bureaucracy by 5,000 jobs through ‘natural attrition’
As the population grows, ‘you have to invest and grow the public service,’ said Public Service Alliance of Canada national president Chris Aylward.
Budget’s ‘slow rollout’ pharmacare funding leaves program vulnerable to change in governments, say policy experts
The Liberals know they need to ‘crawl before they run’ when getting provincial deals done, says former Liberal staffer Muhammed Ali. But it’s ‘a pipe dream’ they will be able to ‘show benefits before the 2025 election’ says former Ontario PC staffer Carly Bergamini.
Budget 2024 offers promising pledges for science, but falls short in a few ways
The bulk of the budget’s $1.8-billion planned for core research grants won’t flow for several years—making it very contingent on election outcomes.
