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The economy has continued to perform well, but trade tensions, uncertainty about the outcome of NAFTA negotiations and the impact of the U.S. Tax Cuts and Jobs Act on Canada’s competitiveness are casting a shadow over the outlook.
This Financial System Stability Assessment paper discusses that Canada has enjoyed favorable macroeconomic outcomes over the past decades, and its vibrant financial system continues to grow robustly. However, macrofinancial vulnerabilities—notably, elevated household debt and housing market imbalances—remain substantial, posing financial stability concerns. Various parts of the financial system are directly exposed to the housing market and/or linked through housing finance. The financial system would be able to manage severe macrofinancial shocks. Major deposit-taking institutions would remain resilient, but mortgage insurers would need additional capital in a severe adverse scenario. Housing finance is broadly resilient, notwithstanding some weaknesses in the small non-prime mortgage lending segment. Although banks’ overall capital buffers are adequate, additional required capital for mortgage exposures, along with measures to increase risk-based differentiation in mortgage pricing, would be desirable. This would help ensure adequate through-the cycle buffers, improve mortgage risk-pricing, and limit procyclical effects induced by housing market corrections.
This book offers the first comprehensive analysis of Canadian foreign policy under the government of Justin Trudeau, with a concentration on the areas of climate change, trade, Indigenous rights, arms sales, refugees, military affairs, and relationships with the United States and China. At the book’s core is Trudeau’s biggest and most unexpected challenge: the election of Donald Trump as president of the United States. Drawing on recognized experts from across Canada, this latest edition of the respected Canada Among Nations series will be essential reading for students of international relations and Canadian foreign policy and for a wider readership interested in Canada’s age of Trudeau. See other books in the Canada Among Nations series here: https://carleton.ca/npsia/canada-among-nations/
The Canadian Federal Election of 2015 is a comprehensive analysis of all aspects of the campaign and the election outcome. The chapters, written by leading academics, examine the strategies, successes, and failures of the major political parties, and the changing nature of Canadian electoral politics.
Canada Immigration Laws and Regulations Handbook - Strategic Information and Basic Laws
Borders are critical to the development and survival of modern states, offer security against external threats, and mark public policy and identity difference. At the same time, borders, and borderlands, are places where people, ideas, and economic goods meet and intermingle. The United States-Canada border demonstrates all of the characteristics of modern borders, and epitomises the debates that surround them. This book examines the development of the US-Canada border, provides a detailed analysis of its current operation, and concludes with an evaluation of the border’s future. The central objective is to examine how the border functions in practice, presenting a series of case studies on its operation. This book will be of interest to scholars of North American integration and border studies, and to policy practitioners, who will be particularly interested in the case studies and what they say about the impact of border reform.
This book offers a comprehensive overview of Canadian cultural policy and research, at a time of transition and redefinition, to establish a dialogue between conventional and emerging foundations. Taking a historical view, the book informs insights on current trends in policy and explores global debates underpinning cultural policy studies within a local context. The book first acknowledges what Canadian cultural policy research conventionally recognizes and refers to in terms of institutions, values, and debates, before moving on to take stock of the transformations that are continuing to reshape Canadian cultural policy in terms of values, orientations, actors, and institutions. With a focus on all levels of government-- federal, provincial, and local -- the book also centers on Indigenous arts policies and practices. This systematic and inclusive volume will appeal to academic researchers, graduate students, managers of arts and culture programs and institutions, and in the areas of cultural policy, public administration, political science, cultural studies, film and media studies, theatre and performance, and museum studies.
On July 1, 2017, Canada celebrated the 150th anniversary of Confederation. The nation-wide festivities prompted ambiguous reactions and contradictory responses since they officially proclaimed to celebrate 'what it means to be Canadian.' Drawing on the analytical perspectives of Diversity Studies, this fifth volume of the 'Diversity / Diversité / Diversität' series explores the repercussions of 'Canada 150's' focus on identity. The contributions touch upon issues of Canada's French and English dualism; of its settler colonial past and present and the role of Indigenous Peoples in Canada's identity narrative; of Canada's religious, cultural, ethnic and racial diversity; and of the challenge of forging a 'Canadian' identity. The authors analyze these and other problems arising from the tensions between identity and diversity by empirically addressing topics such as multicultural memories, Canadian literary and political discourses, Métis history, Canada's Indigenous peoples, Canada's official federal discourse on language and culture, and Canada's evolving citizenship regimes. Contributors: Marie-Eve Beaulieu, Charles Blattberg, Paul Carls, Sarah Henzi, Jane Jenson, Wolfgang Klooss, Gillian Lane-Mercier, Pierre Lavoie, Ursula Lehmkuhl, Laurence McFalls, Nikolas Schall, Lisa Schaub, Elisabeth Tutschek
Canadians view their healthcare – recognized throughout the world as an exemplary system – as iconic and integral to their identity. In Toward the Health of a Nation Leslie Boehm recounts the first seventy years in the life of one of the foundations of Canada's healthcare system, the Institute of Health Policy, Management and Evaluation at the University of Toronto. Boehm – a graduate of IHPME, and an instructor there throughout his career – charts the institute's history from its inception in 1947 as the Department of Hospital Administration to the present day. The first program of its kind in Canada, and one of the few in the world, the school was founded at a time when the issue of healthcare was becoming a significant part of national and provincial discussions and policies. Initially concentrating on hospital management and professional degrees, it has expanded to offer academic degrees and facilitate important research into health systems, policies, and outcomes. In Toward the Health of a Nation Boehm demonstrates the excellence of the program, its faculty, and its graduates, as well as their accomplishments in major government initiatives and royal commissions. In the seventy years since IHPME's inception healthcare has grown to become a major part of government and business activity, and it will only increase in coming years. An in-depth history of a major program in graduate health education, Toward the Health of a Nation highlights how important healthcare is to a modern, functional society.
In Canada, science is as much a provincial endeavour as it is a national one. Science has the potential to inform policy development and enhance public welfare in areas such as security, health, the environment, education, and social policy. Investments in science can create new economic opportunities and help develop the knowledge and social capital of specific regions. Realizing these benefits, however, requires effective science policies across all levels of government. To inform ongoing work relating to provincial science policy, the Alberta Government asked the Council of Canadian Academies to convene an expert workshop to identify key considerations for science policies relevant to subnational jurisdictions, and specifically to Canadian provinces. The workshop, held November 21-22, 2016 in Canmore, Alberta, brought together perspectives from academia, government, research institutions, and industry. The final report of the Workshop Steering Committee, Science Policy: Considerations for Subnational Governments, is an insightful, high-quality study that identifies key considerations for the development of science policies and is intended to be used as a roadmap to guide conversations and inform decision-making about science policies at the subnational level.