Ottawa blocking Canadians’ access to innovative drugs

Health Canada’s revisions to the drug-pricing review board will delay or prevent access to new drugs

Ottawa blocking Canadians’ access to innovative drugsEveryone wants affordable medicines, but are Canadians prepared to accept the trade-off of even longer delays before we can access innovative drugs? Last May, then-federal health minister Jane Philpott announced proposed changes to the Patented Medicine Prices Review Board (PMPRB) designed “to protect Canadians from excessive drug prices.” PMPRB is an independent federal organization that,…

The urban squeeze myth laid bare

Concerns about density are misplaced – Toronto and Vancouver have plenty of room to grow up and grow more affordable

The urban squeeze myth laid bareBy Josef Filipowicz and Kenneth P. Green The Fraser Institute Headlines about housing affordability in Canada mainly concern two cities – Toronto and Vancouver. In both cities and their surrounding areas, rental vacancies hover at or below one per cent, and home prices remain historically high. So Canada’s most desirable markets face tremendous pressure to…

Scaling back CEO pay will drive top talent away

Introducing new regulations and taxes to diminish executive pay will ultimately damage the Canadian economy

Scaling back CEO pay will drive top talent awayBy Jason Clemens and Joel Emes The Fraser Institute Along with the perennial new year resolutions, January also typically features a swath of commentaries decrying the pay of chief executive officers and demands for new regulations and taxes. But these calls for ever-larger government interventions on entrepreneurs and businesses miss the bigger picture – and risk…

Alberta’s carbon policies damage province’s competitiveness

The province already lags behind many American states in key policy areas, including regulatory compliance and taxation

Alberta’s carbon policies damage province’s competitivenessBy Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute The Alberta government recently announced new regulations aimed at providing emission-cutting incentives for industry. But it’s getting harder to attract capital to Alberta’s oil and gas industry due to regulatory and taxation concerns. The new Carbon Competitiveness Incentives will begin in January and apply…

CPP reforms need a complete rethink

The 2016 CPP reforms were solutions in search of a problem – and don’t even solve the imagined problem

CPP reforms need a complete rethinkBy Jason Clemens and Charles Lammam The Fraser Institute The Canada Pension Plan (CPP) needs a comprehensive review, followed by real reform. The provincial and federal finance ministers said recently they will re-examine certain aspects of the CPP reforms agreed to in late 2016. But they will avoid a larger re-evaluation of the efficacy of an expanded CPP. Clearly,…

Canada asleep at the wheel on U.S. tax reform

The advantage this country once had over the United States has been spun on its head. And that means investment will start heading south in droves

Canada asleep at the wheel on U.S. tax reformBy Charles Lammam and Hugh MacIntyre The Fraser Institute Former prime minister Pierre Trudeau once famously quipped that living next to the United States “is in some ways like sleeping with an elephant.” By this he meant that developments in the U.S. often have an outsized effect on Canada. Canadians, like it or not, must always be…

Canada’s tax code is too complicated – even for CRA officials

As tax complexity grows, so do tax compliance costs. Canadians spend nearly $7 billion complying with the personal income tax system each year

Canada’s tax code is too complicated – even for CRA officialsBy Charles Lammam and Hugh MacIntyre The Fraser Institute Canada’s personal income tax system is complicated and the nuances are often cryptic. So citizens routinely rely on Canada Revenue Agency staff to help them navigate the system. Turns out, the system is often too complicated even for CRA officials to understand. A recent report by Canada’s auditor…

Real education reform long overdue in Ontario

But the Progressive Conservatives promise nothing more than a disappointing package that ensures education status quo in the province

Real education reform long overdue in OntarioBy Angela MacLeod and Jason Clemens The Fraser Institute The Ontario Progressive Conservatives’ recently-released election platform shows they’ve opted for the status quo in kindergarten-to-Grade-12 education. That’s unfortunate, because the province’s education system is in dire need of reform. The platform the Opposition PCs offered as they prepare for next year’s provincial election contains almost no substantive…

Investor confidence in Alberta’s oil and gas industry needs a boost

Continued pipeline construction obstruction and regulatory uncertainty are leaving investors skittish about Alberta’s oil and gas industry

Investor confidence in Alberta’s oil and gas industry needs a boostBy Kenneth P. Green and Ashley Stedman The Fraser Institute Continued pipeline construction obstruction and regulatory uncertainty mean investors see a gloomy outlook for Alberta’s oil and gas industry compared to some U.S states. The province also continues to languish near the bottom of Canadian jurisdictions in investment attractiveness in the oil and gas sector.…

Ontarians should brace for bigger – and costlier – government

Neither the Liberals nor the PCs recognize that it’s in the best interests of the province to reduce the size of government

Ontarians should brace for bigger – and costlier – governmentBy Niels Veldhuis and Jason Clemens The Fraser Institute With the recent release of the Progressive Conservative platform, People’s Guarantee, and the Liberal government’s 2017 Ontario Economic Outlook and Fiscal Review last month, Ontarians have a better sense of what will follow next year’s provincial election – the continuance of big government. The most important…
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