Enhancing the Labour Market Outcomes of Immigrants to Canada

— Sep 21, 2023

Enhancing the Labour Market Outcomes of Immigrants to Canada finds that while the federal government has made progress, it should enact more reforms to improve the economic performance of permanent immigrant workers.

Let the Sun Shine In! Policy Transparency Improves Economic Outcomes: The Experience of Monetary Policy with Lessons for Fiscal Policy

— Aug 18, 2023

Let The Sun Shine In: Policy Transparency Improves Economic Outcomes is a new study analyzing the increased transparency at central banks and the enhanced effectiveness of monetary policy over the past half-century, and highlights useful lessons for fiscal policymakers regarding government spending and public debt.

On COVID, We Fought the Last War. And Lost

— Jul 19, 2023

On COVID, We Fought the Last War. And Lost is the latest installment in the Institute’s series on the COVID-19 pandemic. This essay, by Jay Bhattacharya and Martin Kulldorff, documents how much of the government responses to the COVID-19 pandemic were inspired by practices used to combat the HIV pandemic decades earlier. But because the two viruses are so different, these HIV-inspired policies were entirely unsuited to manage the COVID-19 pandemic.

Read the Essay - On COVID, We Fought the Last War. And Lost

What is Behind Canada’s Growth Crisis?

— Jul 11, 2023

What is Behind Canada’s Growth Crisis? finds that Canada’s per-person GDP, a common measure of prosperity, is growing at its slowest rate since the 1930s and the Great Depression.

Comparing Business Investment per Worker in Canada and the United States, 2002–2021

— Jun 29, 2023

Comparing Business Investment per Worker in Canada and the United States, 2002–2021 finds that in Canada business investment per worker—a key driver of income gains and living standards—has declined by 20 per cent since 2014.

Central Bank Forays Into Unconventional Monetary Policies: Explanation, Assessment, and Implications

— Apr 25, 2023

Central Bank Forays into Unconventional Monetary Policies: Explanation, Assessment, and Implications is a new essay that documents the era of unconventional monetary policies—including Quantitative Easing and Forward Guidance—at both the US Federal Reserve and the Bank of Canada, and assesses the effectiveness of these policies with respect to their contribution to macroeconomic stability.

Canada’s Fiscal Policy Has Undermined Efforts to Tackle Inflation

— Apr 6, 2023

Canada’s Fiscal Policy Has Undermined Efforts to Tackle Inflation finds that the federal government’s decision to increase already high levels of spending and continued budget deficits will hinder the Bank of Canada’s efforts to tame inflation.