Canada does not need a U.S.-style student loan forgiveness plan

Young man contemplating his student debt

The Biden administration has announced plans for student loan forgiveness. It would make little sense for Canada to follow suit. That would disproportionately benefit borrowers in the upper half of the income distribution. Read this articleCanada does not need a U.S.-style student loan forgiveness plan

Canada’s new wage subsidies: Better targeted, or just better hidden?

The Canada Recovery Hiring Program (CRHP) is a 50% wage subsidy for employers and the new centrepiece of federal job support programs. CRHP is targeted at employers who hire new workers or expand hours worked – which should make it better targeted than the previous federal wage subsidy. But the restriction of the program to private corporations, and the lack of guardrails to prevent abuse, could be a problem.  We propose reforms that would make the program more cost-effective in increasing employment and raising workers’ pay. Read this articleCanada’s new wage subsidies: Better targeted, or just better hidden?

The Conservative Party’s innovation platform: a mixed bag of good, bad, and indifferent policies

Canada’s innovation policy framework could be changed for the better. Unfortunately, not all the measures proposed in the Conservative platform offer clear-cut improvements. Read this articleThe Conservative Party’s innovation platform: a mixed bag of good, bad, and indifferent policies

Which federal party has the best plan for getting Canadians back to work?

We tend to give other voters the advice to ask themselves the following of any proposal: What problem do we want policy to address and can this policy succeed? In our view, a key policy challenge is reducing long-term joblessness. Read this articleWhich federal party has the best plan for getting Canadians back to work?