ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. The second essay, Friedman and His ESG Critics, revisits Nobel laureate Milton Friedman’s iconic 1970 article in the New York Times, which argued that the sole responsibility of business is to increase profits, and that it is misguided to expect managers of businesses to try to achieve broad public policy objectives.

Adjusting for the Canada Child Benefit’s Tax-Free Status finds that the federal government has shifted the share of overall spending on child benefits away from lower-income families to middle- and upper-income families—to an even greater degree than previously thought.

An Evaluation of the Proposed PMPRB Amendments is a new study that finds Ottawa's amendments to the Patented Medicines Regulations and subsequent drug-pricing changes may result in lower costs, but will also likely reduce Canadians’ access to life-saving pharmaceuticals and potentially discourage investment in Canada’s pharmaceutical sector.