Policy-making in a crisis: preparing for the unexpected
Governments need to invest more in foresight capacity, scenario planning, advanced analytics and in early warning systems rather than relying on static forecasts. Consider black-swan events and how they might present, no matter how unlikely. Hope is not a plan, but preparedness can beget one.
EI administrative malfunction: an urgent need for simplicity
Canada’s employment insurance program is far too complicated for claimants and employers, and far too complex to administer.
Canada must get serious about clean economy investments in upcoming budget
A new report recommends Canada make new climate investments of $287-billion over the next five years—equivalent to about two per cent of GDP annually.
Parliamentary Black Caucus pushes feds for permanent funding, initiatives beyond 2024 UN horizon
Following ‘months-long’ consultations with more than 40 Black-led organizations from across the country, PBC co-chairs say there is ‘a lot of work to do’ in addressing systemic inequalities faced by Black Canadians.
This year’s budget speech should be different
We urgently need a sense of shared citizenship and a positive patriotism that takes pride in our country. Instead, we have a political environment that divides Canadians by engaging in identity politics.
The little-discussed threat to Canadians’ long-term prosperity
In the face of lagging business investment, there’s no guarantee the feds’ stock-buyback plan is going to be the answer.
International development: more important than ever for the public and private sectors
The case for international development where the public and private sectors are working together to achieve the SDGs and commitments under the Paris Agreement has never been clearer.
Morneau says PMO consumed with short-term politicking, longer-term growth prospects not a priority
But the recent report on Canada’s fiscal outlook, quarterbacked by former Bank of Canada governor David Dodge, underlines the serious challenges we face. It assumes a potential growth rate of 1.8 per cent through the 2020s, too low to deliver the kind of country we want, writes David Crane.
‘Targeted’ budget requires aggressive lobbying campaigns to be heard, say lobbyists
The federal government’s 2023 budget may prioritize pre-existing Liberal commitments, rather than new ones, according to former Liberal staffer Kevin Bosch, now a managing partner with Sandstone Group.
Canada’s population advantage offset by weak productivity
The Office of the Superintendent of Financial Institutions, Canada’s bank regulator, is signalling it’s concerned a prolonged downturn is a distinct possibility, which is currently not a best-case scenario for the Bank of Canada, the Government of Canada, or most bank economists.
