The C. D. Howe Institute is a Canadian nonprofit policy research organization in Toronto, Ontario, Canada. The Institute is supported by membership fees paid by corporations as well as individuals in the business, professional and academic fields. As a registered charity, membership fees are eligible for tax refunds from the government of Canada. It is located in the Trader's Bank Building in downtown Toronto. The institute publishes research that is national in scope and hosts events across Canada on a wide variety of issues in economic and social policy. As a non-profit, politically independent organization, its official mandate is to improve the standard of living for Canadians through public policy solutions.
Institute
The C. D. Howe Institute's origins go back to Montreal in 1958 when a group of prominent business and labour leaders organized the Private Planning Association of Canada to research and promote educational activities on issues related to public economic policy. In 1973, the PPAC's assets and activities became part of the C. D. Howe Memorial Foundation, created in 1961 to memorialize the late Right Honourable Clarence Decatur Howe. The new organization operated as the C. D. Howe Research Institute until 1982, when the Memorial Foundation chose to focus directly on memorializing C. D. Howe; the institute then adopted its current name: the C. D. Howe Institute. The institute's research has been cited by Liberal, New Democrat and Conservative members of parliament. The media has described the institute as a centrist, Right-wing , conservative, non-partisan, think tank. It has a history of publishing research on both sides of the ideological spectrum, provided it is supported with empirical evidence. It has been described as having a "deep intellectual grounding to its public-policy approach". The institute derives the majority of its funding from membership fees paid by corporations as well as individuals in the business, professional and academic fields. The institute has had considerable impact on Canadian public policy. Institute policy work has laid the intellectual groundwork in such areas as these:
The development of free trade;
The development of rigorous inflation targets and related monetary policy;
The reform of the Canada and Quebec Pension Plans;
Business Cycle – "Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada"
Demographics and Immigration – " The Benefits of Hindsight: Lessons from the QPP for Other Pension Plans"
Education, Skills and Labour Market – "What to Do about Canada's Declining Math Scores"
Fiscal and Tax Policy – "By the Numbers: The Fiscal Accountability of Canada's Senior Governments, 2015"
Innovation and Business Growth – "Simplifying the Rule Book: a Proposal to Reform and Clarify Canada's Policy on Inward Foreign Direct Investment"
Events
The institute hosts public policy roundtables and conferences featuring prominent Canadian and International policymakers, business leaders and public servants. The institute holds over 80 events per year. Past speakers include political leaders, policy makers, business leaders and senior diplomats.
Awards
The institute has won five Doug Purvis Prizes, which are awarded annually by the Canadian Economics Association to the authors of highly significant Canadian economic policy, and one Donner Prize, which are awarded annually by the Donner Canadian Foundation for the Best Public Policy Book by a Canadian.