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

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.

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The Impracticality of Standardizing ESG Reporting

The Impracticality of Standardizing ESG Reporting is the latest essay in the Institute’s series on the ESG (environmental, social and governance) movement. It finds that mandating a uniform set of ESG reporting standards across all public companies would be extremely costly because of the difficulties defining ESG materiality and the scope of ESG standards, measuring and aggregating ESG information, and enforcing ESG standards.

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Environmental Ranking for Canada and the OECD: Third Edition finds that Canada’s environmental record outperforms a majority of comparable high-income countries worldwide.

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Comparing Government and Private Sector Compensation in Canada, 2023 Edition

Comparing Government and Private Sector Compensation in Canada, 2023 Edition, finds that government employees across Canada—including federal, provincial and municipal workers—were paid 8.5 per cent higher wages, on average, than workers in the private sector in 2021, the most recent year of available comparable data from Statistics Canada’s Labour Force Survey.

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Canada’s Housing Mismatch

Canada’s Housing Mismatch: Canadians want ground-oriented homes, but not enough are being built is a new study that finds despite rising population and growing demand, more housing was constructed in Canadian cities during the 1970s than what is presently being built.

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Waiting for New Medicines: How Does Canada Compare to the United States and Europe?

Waiting for New Medicines: How Does Canada Compare to the United States and Europe? finds that, due to government barriers, Canadians have access to fewer new drugs than Americans and Europeans.

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Canada’s Fiscal Policy Has Undermined Efforts to Tackle Inflation

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.