C.D. Howe Institute
Canada's leading source of trusted policy intelligence.
06/01/2026
The Globe and Mail Editorial Board's latest Sunday editorial draws on recent research from Don Drummond and Parisa Mahboubi, PhD.
“He and economist Parisa Mahboubi co-authored a recent study for the C.D. Howe Institute, that forecasts the long-term GDP growth rate through to 2060 for Canada at 1.2 per cent, well below the 1.5 per cent projection in the spring economic update.
That means Ottawa’s official estimate is 25 per cent higher than the C.D. Howe Institute figure.”
05/25/2026
The C.D. Howe Institute is pleased to welcome Allan Shapira as a Fellow-in-Residence.
Mr. Shapira is a past Senior Partner with Aon’s Wealth Solutions business in Canada, where he served as an actuary for 48 years, advising pension plans across the private and public sectors on plan design, funding, and administration. He has also been a member of the C.D. Howe Institute’s Pension Policy Council since 2014.
“Through my participation in the Pension Policy Council, I have seen the value of the C.D. Howe Institute’s outstanding evidence-based research in supporting provincial and federal policymakers,” says Shapira. “I look forward to contributing in my own way to this important work.”
Mr. Shapira has held several senior advisory roles in pension policy and regulation, including Chair of the Actuarial Advisory Committee to the former Financial Services Commission of Ontario, member of the Ontario Minister of Finance’s Advisory Council on Pensions and Retirement Income, and member of the Ministry of Finance’s Stakeholder Reference Group. A Fellow of both the Canadian Institute of Actuaries and the Society of Actuaries, he currently sits on the Ontario Financial Services Tribunal.
05/21/2026
As financial risks evolve, should Canada’s top regulator evolve with them?
Fit for Purpose: Modernizing OSFI’s Governance This commentary examines OSFI governance reform and why Canada’s financial regulator needs stronger oversight and modernization.
05/19/2026
About 3.6% of potential filers don’t file taxes in Canada. That’s roughly 1.2 million people.
However, the challenge isn’t just cost; it’s complexity and behaviour. Automation alone won’t bridge that gap.
Simple on Paper, Complex in Practice: The Limits of Automatic Tax Filing Can automatic tax filing improve benefit access in Canada? This report examines tax complexity, barriers for non-filers, and policy limits.
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