2015_report on giving low
TRANSCRIPT
BenefactorsLike You
are Making a Difference
Essential Policy Intelligence | Conseils indispensables sur le
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.D. HOWE INST
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Report on Giving 2015
On behalf of our colleagues at the C.D. Howe Institute and everyone who contributes to the Institute’s work, we thank you.
Benefactors like you are helping to make Canada a better place in the world to live, work, save and build a future. It’s that simple.
Thanks to your generosity, the Institute will produce record output in 2015 – 66 cutting-edge research reports and 73 insightful events – making an impressive range of contributions to foster smarter public policy.
The Institute launched 2015 by calling on policymakers across Canada to grapple with the reality of our aging population’s impact on healthcare. And to make needed investments in Canada’s human capital. As the year progressed, we released innovative recommendations to boost our children’s learning in school, attract more foreign investment, increase the fiscal transparency of our governments, improve retirement saving, and better manage Canada’s macroeconomy, to name a few.
The strength of this work is reflected by the wide range of policy leaders who reference our publications and participate in our events. The Institute is regularly cited in provincial legislatures, parliamentary committees, budget documents, and in national and international media.
These and the many other examples of the Institute’s impact in the pages that follow are the result of our members’ philanthropy.
You understand that good policy does not happen by accident. A strong C.D. Howe Institute ensures that policymakers throughout Canada receive the intelligent insights they need.
We prepare for 2016 conscious of the challenges – and ready to tackle them, thanks to your support. Once again, thank you!
William B.P RobsonPresident and CEO
Duncan T. MunnSenior Vice-President and Chief Operating Officer
Leadership Message
Front cover (from top left):Alston Perianayagam, David Dodge and Kevin Dancey, Kathleen Taylor, Anita AnandElly Meister, Hugh MacKinnon, Briar Foster, Don JohnsonVictor Dodig, Annette VerschurenClaire Kennedy, Elyse AllanRichard Howson, Scott Burns
2015 C.D. Howe Institute Report on Giving 1
Your Philanthropic Dollars at Work in 2015
Widely cited comprehensive research and council reports
66 73 Exclusive and insightful events
Citations during Canada’s 41st Parliament
Multiple policy outreach presentations including consultations with the Federal and several Provincial Ministers of Finance, as well as testimonies before Parliament.
518
5,667Media citations across Canada
Most cited 144,588Website visitors
Essential Output
Stimulating Intelligent Discussions across Canada
Policy Source of Choice
think tank in the Globe and Mail and National Post, Canada’s two national dailies.
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Big Impact, Small Budget
Sources: Meltwater ( January 1 – September 31, 2015) and CRA/Annual Reports.
CCPA: Canadian Centre for Policy AlternativesMLA: Macdonald-Laurier InstituteCIGI: Centre for International Governance and InnovationFI: Fraser InstituteCB: Conference Board of Canada
CCPA MLA CIGI FI CB
C.D. Howe Institute
200
150
100
50
0
Citations in the Globe and Mail
and National Post
Budget size
2015 C.D. Howe Institute Report on Giving 3
The C.D. Howe is Top of Mind among Canada’s Policymakers
September 23, 2015 – The chair of Alberta’s royalty review vows to consider the Institute’s recommendation to convert the province’s royalties on oil and natural gas to a cashflow tax.
May 7, 2015 – The Manitoba opposition uses the Institute’s fiscal accountability report to challenge the government to produce their budgets on the same basis as their end-of-year public accounts.
April 1, 2015 – The Ontario Minister of Finance and Mayor of Calgary cite the Institute’s work on the economic costs of congestion as central to their support for further investments in infrastructure.
March 12, 2015 – The Prime Minister of Canada and Newfoundland’s Health Minister salute the Institute’s work to improve provincial vaccination models.
January 7, 2015 – Nova Scotia’s health minister acknowledges the province’s looming fiscal health burden, which was first calculated in an Institute report.
Dave Mowat
Cameron Friesen
Charles Sousa Naheed Nenshi
Justin Trudeau Steve Kent
Leo Glavine
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Major Gifts and Grants
Private support makes the C.D. Howe Institute’s work possible. People are often surprised by our modest resources. We have only one office, and just over 30 staff. We have no eight-figure endowments nor major, multi-year government grants. All donations are purely philanthropic – the Institute does not accept any donations that stipulate a predetermined result or that otherwise inhibit the independence of its staff and authors.
Targeted major gifts and event sponsorships enable supporters to bolster the Institute’s research and dissemination capacities in specific areas of interest. They complement the annual membership campaign, strengthening the Institute and enabling it to recruit scholars and support programs that enhance its ability to develop innovative solutions to policy challenges. The Institute’s policy impact would not have been possible in the absence of support from the donors and sponsors listed in the pages that follow.
“Long-term certainty about its funding allows the C.D. Howe Institute to hire the best and brightest researchers. That’s why The Petman Foundation committed to a six-year funding program.”– Richard Howson, President, The Petman Foundation
The C.D. Howe Institute gratefully acknowledges the Petman Foundation for a long-term financial gift of $150,000 to the Institute, which will provide stable support to the Institute’s core activities.
2015 C.D. Howe Institute Report on Giving 5
James C. Baillie
Ed Clark (Clark Family Foundation)
Malkin Dare
Wendy Dobson
Maureen Farrow
Briar Foster
John and Rebecca Horwood
Richard Howson (The Petman Foundation)
Hal Jackman (Hal Jackman Foundation)
Donald K. Johnson
Michael Koerner
Major Gifts from Individuals
Major Grants from Organizations
Aurea Foundation
BURNCO
Canadian Beverage Association
Canadian Tax Foundation
Clean Energy Canada
CPA Canada
Donner Canadian Foundation
Lotte & John Hecht Memorial Foundation
Max Bell Foundation
Mattamy Homes
Ontario Retirement Communities Association
Persis Holdings Ltd
Rogers Communications
Toronto Financial Services Alliance
The John Dobson Foundation
The Rotman Family Foundation
The W. Garfield Weston Foundation
The Wilson Foundation
From top:Wendy DobsonBruce Gordon Maureen FarrowEd Clark
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“Bennett Jones is proud to support the C.D. Howe Institute’s signature, off-the-record events, which provide frank and thought-provoking discussion. As a respected, non-partisan voice, the Institute consistently attracts the most distinguished leaders as speakers.” –Hugh MacKinnon, Chairman & CEO, Bennett Jones
The Institute gratefully acknowledges Bennett Jones for sponsoring the past 5 Directors’ Dinners, for a total of $225,000 in giving. This generous, long-term support has enabled the Institute to host events on some of the most pressing issues facing Canada.
2015 – The Honourable Howard I. Wetston, QC, Chair of the Ontario Securities Commission
Your lawyer. Your law �rm. Your business advisor.
2014 – Leo de Bever, AIMCo.; Ron Mock, OTPP
2013 – Richard Fisher, President and CEO, Federal Reserve Bank of Dallas
2012 – Vicente Fox, President of Mexico (2000-2006)
2011 – Willem Buiter, Chief Economist, Citi
2015 C.D. Howe Institute Report on Giving 7
Top: Claire Kennedy, Mark Jewett and Michael LandryMiddle left : Hal JackmanMiddle Right: Jennifer Dundson, Katie Taylor and Franca DeBartoloBottom Left: Bill MorneauBottom Right: Thomas Kierans and Laura MacKinnon
Members and Guests
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Sponsorships
Dinner Sponsors
Your lawyer. Your law �rm. Your business advisor.
WENDY DOBSON
Conference Sponsors
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Roundtable Luncheon & Special Event Sponsors
Student Table Sponsors
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The Institute’s Supporters
Your donations enable the Institute to respond quickly and authoritatively to issues that are defining Canada’s future – and by so doing, to improve the economic and social well-being of all Canadians.
Top Left: Paul Hill Top Right: Rebecca HorwoodBottom: Scott Burns and Charles Brindamour
Members and Guests
2015 C.D. Howe Institute Report on Giving 11
IndividualsBabak AbbaszadehAndrew AboucharLalit AggarwalFrancis R. AllenKPA Advisory Services Ltd.E. James Arnett, Q. C., of Counsel
James C. BaillieBruce BarkerDonald BennettGeorge BezaireWilliam BlackDavid E. BondSteven BrightPeter BuzziRobert C. CaldwellPaul CantorEdward A. CarmichaelEdmund ClarkJack CockwellMarshall A. CohenE. Kendall CorkWill CornelissenBryan and Malkin DareCatherine DelaneyIan Delaney David F. DenisonHélène DesmaraisRod DobsonWendy DobsonDavid DodgeSteve DoreyRobert DunlopJanet EckerKevin EllisonWilliam F. EmpeyDon EzraWill FalkJames D. FleckBriar Foster Chris FosterChristine Girvan Fred GorbetPeter GoringRob Graham BA, MBA, ICD.D
John A.G. GrantBarry GrosDouglas Grundy
Geoffrey HaleMary and Graham Hallward
C.M. Harding Foundation Marianne HarrisTimothy J. HearnG.R. HeffernanLawrence HermanJim HindsTim HodgsonIgal HoltzerRebecca HorwoodDallas HoweThe Petman FoundationPeter HuntH. Douglas HunterJulien HutchinsonRichard W. IveyJennifer Jeffs Jon R. JohnsonRobert JohnstoneMarcel KasumovichJohn A. KazanjianClaire M.C. KennedyThomas E. KieransPaul KirkconnellAnthony LacaveraRobert LamoureuxMichael Landry Sébastien LeblondDavid A. LeslieHenry LotinJeffrey LozonJ.W. (Wes) MacAleerDavid A. MarshallStephen MarshallSabi MarwahR.B. (Biff)MatthewsRory McAlpineDavid McCarthyGerald McCaugheyJames P. McIlroyAntony McManusJohn D. McNeilMark McQueenJack MintzBruce H. MitchellWilliam Molson, CAGary P. MooneyJohn P. MulvihillEdward P. Neufeld
Angelo Nikolakakis David P. O’BrienAlbert PaceNick Pantaleo, FCA Bill PapoutsisDani PetersDavid PowellPaul PryceDonald S. ReimerG.L. ReuberRobert F. Richards Philip RobsonWilliam B.P. RobsonDel RolloW.P. Rosenfeld, Q.C.Guylaine SaucierGerald SchwartzZiv Shnitzer Mary-Anne SillamaaHelen K. SinclairSam SivarajanPaul G. SmithAndrew SpencePaul R. StanleyWayne SteadmanDaniel SullivanChristopher SweeneyCatherine SwiftThomas H.B. SymonsFrederick H. TelmerJohn D. TennantBill ThollJohn M. ThompsonCraig C. ThorburnTom TrimbleAnnette VerschurenWarren ViegasRichard WaughJohn WilkinsonScott WilkinsonKen Wilson, Coril HoldingsAlfred G. WirthDavid WishartTom Woods
The Institute’s Supporters
David Denison
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Universities and CollegesCarleton UniversityCentennial CollegeDeGroote School of Business
HEC MontréalMcMaster UniversityQueen’s UniversityRyerson UniversityThe University of CalgaryThe University of Western Ontario
University of AlbertaUniversity of British Columbia
University of ManitobaUniversity of TorontoWilfrid Laurier University
Businesses, Associations and FoundationsAdvocisAequitas Innovations Inc.AGF Management LimitedAgnico-Eagle Mines Ltd.AimiaAlberta Continuing Care Association
Alberta Real Estate Association
Algoma Central Corporation
Altus GroupAMJ CampbellAppraisal Institute of Canada
ARC Financial Corp.Association of Canadian Pension Management
Association of Canadian Search, Employment, and Staffing Services (ACSESS)
Association of Municipal Managers, Clerks & Treasurers (AMCTO)
AssurisATB Financial
ATCO Ltd. & Canadian Utilities Limited
Barrick Gold CorporationBASF CanadaBenecaidBennett Jones LLPBerkeley Payment Solutions
Blake Cassels & Graydon LLP
BMO Financial GroupBombardier Inc.Borden Ladner Gervais LLP
BoydenBrookfield Asset Management Inc.
Brookfield BRP Canada Corp.
Buck Consultants, A Xerox Company
Burgundy Asset Management
BURNCO Group of Companies
Business Council of British Columbia
Business Development Bank of Canada
C.S.T. Consultants Inc.Cadillac Fairview Corp. Ltd.Caisse de dépôt et placement du Québec
Canada Deposit Insurance Corporation
Canada GuarantyCanada Overseas Investments Limited
Canada’s Venture Capital & Private Equity Association
Canadian Association of Petroleum Producers
Canadian Bankers Association
Canadian Blood Services Canadian Council of Chief Executives
Canadian Energy Pipeline Association
Canadian Finance & Leasing Association
Canadian Gas Association
Canadian Generic Pharmaceutical Association
Canadian Imperial Bank of Commerce
Canadian Institute for Health Information
Canadian Life and Health Insurance Association Inc.
Canadian National Institute for the Blind (CNIB)
Canadian PacificCanadian Payments Association
Canadian Pension & Benefits Institute
Canadian Tax FoundationCanadian Western BankCanadians for Clean Prosperity
Canam Group Inc.Candor Investments Ltd.Cargill LimitedCCL Group Inc.Cenovus Energy Inc.Certified General Accountants Association of Alberta
Chevron Canada LimitedClairvest Group Inc.CNCogeco Cable Inc.Concentra Financial CPA CanadaCredit Union Central of Canada
Dell CanadaDeloitteDesjardins GroupDevon Canada Corporation
Donner Canadian Foundation
E.I. du Pont Canada Company
Economap Inc.Edco Financial Holdings Ltd.
Edmonton Economic Development Corporation
E-L Financial Corporation Limited
EnbridgeEnsign Energy Services Inc.Export Development Canada
Fednav LimitedFidelity InvestmentsFirst National Financial LPFord Motor Company of Canada, Limited
Forest Products Association of Canada
Four Halls Inc.Front Street CapitalGE CanadaGenworth Financial Canada
Gluskin Sheff + Associates Inc.
Google Canada Inc.Gordon J. Homer Advisory Services
Grant Thornton LLPGreater Saskatoon Chamber of Commerce
Harvard Developments Inc., A Hill Company
Hill & KnowltonHome Trust CompanyHuman Resources Professionals Association (HRPA)
Husky EnergyHydro One Inc.Hydro-QuébecIC Funding Financial Corp.Imperial Oil LimitedIndependent Diagnostic Clinics Association
Independent Electricity System Operator
Insurance Bureau of Canada
IntuitInvestment Industry Association of Canada
Investment Industry Regulatory Organization of Canada
Investors GroupJ.P. Morgan Securities Canada Inc.
Jackman Foundation
The Institute’s Supporters
2015 C.D. Howe Institute Report on Giving 13
Top left: G.R. HeffernanTop right: Tim HodgsonMiddle left: Peter BethlenfalvyRight: Paula Cruickshank Bottom left: Georg Knoth and Bruce Bull
Members and Guests
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Kinross Gold CorporationKPMG LLPLehigh Hanson Materials Limited
LifelabsMaclab EnterprisesMagris Resources Inc.Manulife FinancialMastercard CanadaMattamy Homes Max Bell FoundationMcCain Foods LimitedMcCarthy Tétrault LLPMcKinsey & Company Canada
MD Physican ServicesMedcan Health Management Inc.
Medisys Health GroupMercerMetro Inc.MetrolinxMorgan Meighen & Associates
Morneau ShepellMullen Group Ltd.National Bank of CanadaNAV CANADANeighbourhood Pharmacy Association of Canada
Newfoundland and Labrador Employers’ Council
Nexen Inc.Normandin BeaudryOntario Long Term Care Association
Ontario Municipal Employees Retirement System (OMERS)
Ontario Power Generation Inc.
Ontario Real Estate Association
Ontario Teachers’ Pension Plan
Ontario Trillium Foundation
OpenText CorporationOPTrustOsler, Hoskin & Harcourt LLP
Parsons BrinckerhoffPathways to Education Canada
Pfizer Canada Inc.Pirie FoundationPotash Corporation of Saskatchewan Inc.
Power Corporation of Canada
Progress Energy Canada Ltd.
Promontory Financial Group Canada
Property and Casualty Insurance Compensation
Public Sector Pension Investment Board
PwCQtrade Financial GroupRBCResidential and Civil Construction Alliance of Ontario
Rogers Communications Inc.
Saint Elizabeth Health Care
Sandoz Canada Inc.ScotiabankShell Canada LimitedSionna Investment Managers
SNC Lavalin Group Inc.SpencerStuartSummerhill Capital Management
Sun Life Financial Inc.Suncor Energy Inc.TD Bank GroupTeck Resources LimitedTelpayThe Canadian Council for Public-Private Partnerships
The Conference for Advanced Life Underwriting
The Great-West Life Assurance Company, London Life Insurance Company and Canada Life
The Guarantee Company of North America
The Institute for Competitiveness and Prosperity
The Investment Funds Institute of Canada
Toronto Region Board of Trade
Torys LLPTowers WatsonTransat A.T. Inc.TransCanada CorporationVia Rail Canada Inc.Visa CanadaWalton Group of Companies
Wawanesa InsuranceWeston Forest Products Inc.
The Institute’s Supporters
Businesses, Associations and Foundations (cont’d)
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Philip Howell
2015 C.D. Howe Institute Report on Giving 15
The C.D. Howe Institute’s policy work is shaped and strengthened by the members of its policy councils. Recruited from universities, the public service, crown corporations and business, council members play a vital role in generating support and ideas for specific policy areas. We thank the following individuals for their participation in the Institute’s Policy Councils.
Council Members
ChairThe Hon. Michael Wilson
MembersDan CiuriakJohn CurtisGitane De SilvaWendy DobsonRick EksteinJanice FukakusaAllan GotliebPeter HallMichael HartLawrence HermanChristine HoganRoss HornbyCaroline HughesWarren JestinJim KeonHugh L. MacKinnonClaude MongeauPierre PyunVictor SeverinoDaniel TreflerMichael Wenban
ChairClaude Lamoureux
MembersKeith AmbachtsheerBob BaldwinRandy BauslaughRené BeaudryStephen BonnarPeter BowenLeslie ByrnesCaroline DabuDavid DodgeBrian FitzGeraldPaul ForestellBarry GrosBruce KennedyKashif MalikEric MansourBernard MorencyLeah MyersJames PesandoJames PierlotGraham PughThomas ReidRob RitchieTammy SchirleAllan ShapiraFaisal SiddiqiJana SteeleRob StewartKevin UebeleinFred VetteseBarbara ZvanAccenture
PENSION POLICY COUNCIL
INTERNATIONAL ECONOMIC POLICY COUNCIL
NATIONAL COUNCIL
ChairDavid Dodge
MembersSteven AmblerAnita AnandÅke BlomqvistTom ClossonMarshall CohenSherry CooperLeo de BeverDavid F. DenisonWendy DobsonRupert DuchesneJanet EckerJock A. FinlaysonTimothy J. HearnLawrence HermanLawson A. HunterHenry N. JackmanDavid R. JohnsonThorsten KoepplNicholas Le PanJohn D. McNeilGary P. MooneyEdward P. NeufeldJeffrey OrrHari K. PandayJohn RichardsIndira SamarasekeraGuy SavardGino ScapillatiKim ShannonRay SharmaKathleen P. TaylorGordon G. ThiessenCraig C. ThorburnSusan Wolburgh Jenah
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Council Members
FINANCIAL SERVICES RESEARCH INITIATIVE
Co-ChairsNicholas Le Pan
Edward P. Neufeld
MembersFrank AllenJames C. BailliePeter BethlenfalvyPeter BowenAndrew D. BrandsTerry CampbellGlenn CampbellGérald CossetteBryan DaviesJoanne De LaurentiisChristopher DonnellyJanet EckerBlake C. GoldringPeter HallGail HardingNatalie HigginsPhilip HowellWarren J. JestinSheryl KennedyAndrew KrieglerBrenda LeongPeter LevittDavid LongworthWinsor MacDonellHowie MillardSuzanne MorelMarc-André PigeonGreg PollockCarolyn RogersPierre SiklosMark L. SmithFrank SwedloveMurray J. TaylorEric TuerDavid WhyteKevin WrightCraig WrightAccenture
HEALTH POLICY COUNCIL
Co-ChairsTom Closson
Dr. Brian Postl
MembersDr. Owen AdamsRichard AlvarezJustin BatesNorma BeauchampDr. Bob BellÅke BlomqvistCandace ChariterAnthony DaleJanet DavidsonDavid DodgeChristopher DonnellyWill FalkStephen FrankMichael GreenGerald HartmanJim KeonSen. Michael KirbySteve LongCamille OrridgeDavid O’TooleSue PaishJohn RaffertyMarcel SaulnierShirlee SharkeyDr. Graham SherJoël SimardDr. David WalkerKevin WarkPamela WinsorJanet Yale
ChairMichael Horgan
MembersAlbert BakerRichard M. BirdBen BrunnenMarlene CepparoBev DahlbyRoss HagemeisterGabriel J. HayosJoffre HotzBrenda KennyJonathan KesselmanJohn MargesonGeorge McAllisterKevin MilliganLynn MoenWilliam MolsonAl MonacoLuc MontyAngelo NikolakakisMichael J. O’ConnorNick PantaleoJocelin ParadisNoeline SimonMichael SmartBarbara Sulzenko-LaurieTed TomkowiakThomas A. Wilson
FISCAL AND TAX COMPETITIVENESS COUNCIL
ChairElyse Allan
MembersRick AndersonCindy Blancher-SmithBruce CampbellDave CollyerJoseph DoucetTimothy EganJim EllisAlexander FritscheGoldy HyderRich KrugerRichard LegaultJeff LehrmannHugh MacKinnonAl MonacoGrant SpragueAccentureHydro-QuébecHusky Energy
ChairWilliam B.P. Robson
MembersSteven AmblerPaul BeaudryEdward A. CarmichaelThorsten KoepplStéfane MarionAngelo MelinoDouglas PorterNicholas RoweAvery ShenfeldPierre SiklosDavid TulkCraig Wright
Council Members
Interim ChairBen Dachis
MembersGeorge N. AddyMarcel BoyerTimothy BrennanNeil CampbellJeffrey R. ChurchBrian FaceyAdam F. FanakiPeter GlossopCalvin S. GoldmanLawson A. HunterEdward IacobucciMargaret F. SandersonKonrad von FinckensteinOmar WakilRoger WareLawrence J. WhiteRalph A. Winter
Co-ChairsCraig R. Alexander
Steven Ambler
MembersPaul BeaudryEdward A. CarmichaelPhilip CrossStephen GordonEric Lascelles
Stéfane MarionAngelo MelinoAngela RedishGregor Smith
ENERGY POLICY COUNCIL
COMPETITION POLICY COUNCIL
MONETARY POLICY COUNCIL
BUSINESS CYCLE COUNCIL
Julian Hutchinson
C.D Howe Institute 67 Yonge Street Toronto, Ontario M5E 1J8www.cdhowe.org
About the Institute
The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. It is Canada’s trusted source of essential policy intelligence. Distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review, it is widely regarded as Canada’s most influential think tank.
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