Paul Boothe

I'm Faculty Director of @IveyAcademy Senior Public Sector Leaders Program and serve on the boards of the Max Bell Foundation, @TrilliumMfg and OG100.

[Deb Matthews @Deb_Matthews]

I have now declared my outdoor Christmas lights to be “winter lights” and I plan to leave them up through the winter. We need all the light we can get. Please join me and retweet! #winterlights

[Paul Boothe @pmboothe]

Thoughtful analysis by UofC economist Ken McKenzie points to the need for a thorough reform of the Cdn tax system - where both efficiency and fairness are considered. Add it the post-pandemic to-do list.

[Finances of the Nation @FONCanada]

Read the final instalment of Ken McKenzie's three-part series on the taxation of capital income in Canada, which brings the supply and demand sides of the capital market together and discusses potential tax reforms in Canada.
https://t.co/ieEjQ9zLwb

[Paul Boothe @pmboothe]

Some big spending announcements by Govt in the last few days. Wouldn’t be great if every announcement came with info on a) how we plan to pay for it and b) impact on deficit and debt?

[Paul Boothe @pmboothe]

We finally have a practical plan for meeting Canada’s 2030 emission target. It will depend on a lot of things and will probably needed to be adjusted going forward. If anyone has a better plan, let’s see it. However, the bar has been raised. Alternatives MUST be practical.

[Paul Boothe @pmboothe]

Actually, 10/10 dollars spent has been borrowed by Cdn taxpayers. Just saying...

[Rosemary Barton @RosieBarton]

The PM just loves that 8/10 dollars has been spent by the FEDERAL govt during this pandemic line.

[Paul Boothe @pmboothe]

Timely analysis by John Lester in @FONCanada. In delivering govt programs, you can be fast or you can be targeted, but not both. We sensibly choose speed. Going forward, we should aim to target assistance as accurately as possible. Make every dollar count!

[Michael Smart @michaelgsmart]

New this week @FONCanada by John Lester, how much did federal transfers increases exceed earnings losses due to the pandemic? Not as much as some have claimed, but still a lot.

https://t.co/4uhP2MYrwF

[Trillium Network for Advanced Manufacturing @TrilliumMfg]

On December 4th, @spaikin from @TheAgenda on @tvo asked the question: is #Ontario still a #manufacturing powerhouse? @TrilliumMfg weighs in https://t.co/ClLuXmgpFE

[Paul Boothe @pmboothe]

This is a very helpful chart for thinking about the future path of employment. Before we use it to judge govts (or for govts to set targets) we should remember that jobs are actually created by thousands of individual private sectors firms, not govts.

[Brendon Bernard @BrendonBernard_]

Key finding: if job growth (starting in Nov) can sustain an average monthly pace of at least 75K, the employment rate will likely return to it's pre-pandemic level before the end of 2021.

However if growth is slower, we're now talking about a multi-year process. (2/4)

[Paul Boothe @pmboothe]

Very thought-provoking... thanks Nick!

[Nick Rowe @MacRoweNick]

Macro would be a lot more intuitive, if we talked more about asset prices, and talked less about interest rates. 1/n

[Paul Boothe @pmboothe]

@mikalskuterud Could you give us your interpretation of this data? My expectation was that women with young kids would be more affected than men with young kids? Also, any thoughts about why both may be less affected than other women and men? Latter groups includes more youth, perhaps? Thx.

[Paul Boothe @pmboothe]

I’m no partisan, but having worked with many ministers and MPs, I know how hard their jobs are. Two great examples are @cathmckenna and @MichaelChongMP. They take a lot of abuse but continue to remain positive and focus on their jobs. A big thank you to you both!

[Paul Boothe @pmboothe]

A somewhat hyperbolic headline... but the main point is critical: if you want to remake Canada’s social programs with new spending, we need to have a serious talk about taxes. Start with @FONCanada to get some facts and analysis!

[John Ivison @IvisonJ]

John Ivison: Mind-blowing Liberal spending spree a massive rip-off of future generations https://t.co/vMIBDCFQ6M

[Michael Smart @michaelgsmart]

Please everybody click on and retweet my FP column today (and read it!). I am up against the great @jackmintz today and of course he is trouncing me in the traffic stats

https://t.co/7hq0au8GxE

[Paul Boothe @pmboothe]

Of course, everything may work out well (i.e. luck) and this may not matter. But, IMHO, given the gov't does not actually control the guardrails, they do not a) build credibility or b) provide a useful accountability mechanism. n/n

[Paul Boothe @pmboothe]

I'm trying to get my head around the idea of fiscal 'guardrails' vs fiscal 'anchors'. I am pretty sure they are not really substitutes. 1/n

[Paul Boothe @pmboothe]

Further, the guardrails may introduce an important inconsistency into gov't fiscal plans. The minister says that stimulus spending is time limited (3 years in her forecasts) but seemingly that she will keep spending until economic targets are met. 7/n