We examine the effect of emissions pricing on the cost of Canadian food. We describe emissions pricing policies relevant to the agriculture and food sectors and the differing design details of various provincial systems and the federal Greenhouse Gas …
A separate Alberta Pension Plan (APP) has gained renewed attention. This paper assesses the long-run viability of such a plan, using both a detailed quantitative model and simple, intuitive approaches. I find only modest scope for material changes in …
This paper presents a summary of the Bank of Canada's finances from 1935 to the present, highlighting the interplay between the central bank and the federal government's fiscal operations. It explores the historical, political, and economic factors …
Federal health-care funding has long been a source of policy debate in this country, a situation exacerbated recently by the COVID-19 pandemic and the premiers' calls for a large expansion of the Canada Health Transfer. In this article, we explore …
Canada's inflation rate rose to generational highs in 2022. We explore this rapid surge. Using new methods and detailed household consumption data, we separately identify demand- and supply-driven price increases. We find the latter accounts for most …
Canada's provincial governments face significant long-run fiscal challenges. Much of this stems from aging populations, which slows economic growth and increases healthcare spending. While all provinces face this pressure, the scale varies …
Fiscal transfers between regions exist within many countries. Explicit transfers, such as Canada's equalization program, redistribute funds directly. Countless federal revenue and spending programs do so indirectly. Like capital flows between …
Public support of public health measures including physical distancing, masking, staying home while sick, avoiding crowded indoor spaces and contact tracing/exposure notification applications remains critical for reducing spread of COVID-19. The aim …