Canada Innovation Corporation’s been a long time coming, but there’s ample room for skepticism

The CIC may bring some small economic improvement. But we need a much better picture of what the future needs than Ottawa is currently offering, or maybe even capable of offering, for real success.
Government seeks $10.3-billion in extra spending to close out the fiscal year

If approved before March 31, the government’s final spending update for 2022-23 would bring total budgetary spending for the year to $443.3-billion, a 7.1 per cent increase over the previous year.
Freeland must ‘say no a lot’: strategic spending needed to craft ‘challenging’ budget, say former finance officials

The finance minister needs to have ‘some difficult conversations’ with her colleagues that will likely require strong ‘internal messaging’ and good ‘caucus management,’ says Liberal strategist Elliot Hughes.
Beneficial ownership transparency is good for Canadian business

While Canada’s registry will significantly help fight money laundering–the lifeline for organized crime–it will also bring multiple benefits to the Canadian economy.
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.
Senators must pass C-228 now to avoid delaying Canadian pensioner protections

Organizations representing seniors and retirees across Canada are calling on all Senators to support the swift passage of this legislation.
Economic justification for invoking emergency powers raises concerns about future use, says civil liberties advocate

Finance Canada officials told the Public Order Emergency Commission they were highly concerned the Freedom Convoy blockade of the Ambassador Bridge in Windsor, Ont., would hurt Canada’s reputation with its largest trading partner.
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 Growth Fund skeptics wary of exemption from typical oversight requirement

The $15-billion fund will be the Liberals’ latest attempt to use public money to entice pension funds and private capital to invest in the government’s priorities.
Forget the happy headlines about the low unemployment rate

Bottom line: until we innovate more and improve our productivity, we will continue to fall short of the kind of society to which we aspire.