Federal tax hikes would do more harm than good

Our high income tax rates discourage productive economic activity and put Canada at a competitive disadvantage

Federal tax hikes would do more harm than goodBy Jake Fuss and Tegan Hill The Fraser Institute On July 8, the government of Prime Minister Justin Trudeau will release a “snapshot” of federal finances, the first such update since the COVID-19 crisis began. The government may also soon look to raise taxes to try to increase government revenue, either to finance new spending…

LEEFF program details far too fuzzy

LEEFF program details far too fuzzyBy Ashley Stedman and Elmira Aliakbari The Fraser Institute Despite widespread need, particularly in Canada’s energy sector, the federal government’s Large Employer Emergency Financing Facility (LEEFF) program, meant to provide emergency funding to large companies, has yet to approve any applications. Why? To be eligible for LEEFF support, firms must agree to several environmental goals…

Stimulus spending will likely harm Canadian economy, not help it

Stimulus spending will likely harm Canadian economy, not help itBy Jake Fuss, Tegan Hill and Alex Whalen The Fraser Institute As the federal and provincial governments shift their focus to economic recovery, there will be heightened calls for fiscal stimulus in an attempt to kick-start the economy. However, a new study by the Fraser Institute demonstrates that, based on past experience, stimulus measures will…

Alberta should seek more autonomy in health care 

Welfare reform in the 1990s provides a starting point for reforming health care today

Alberta should seek more autonomy in health care By Jake Fuss and Bacchus Barua The Fraser Institute On Wednesday, Alberta’s Fair Deal Panel issued its report detailing 25 policy recommendations to expand the province’s influence within the Canadian federation and enhance provincial autonomy. However, one crucial policy option was not discussed at length – the potential shift of health-care decision-making powers to the…

Nova Scotia government faces debt tidal wave

Rising government debt can dampen economic growth and divert billions of dollars away from important public priorities

Nova Scotia government faces debt tidal waveBy Jake Fuss and Alex Whalen The Fraser Institute Just three months ago, provincial Finance Minister Karen Casey released a budget projecting an operating surplus, which would have been the Nova Scotia’s fifth consecutive balanced budget. However, due to COVID-19, circumstances have changed dramatically and the province now expects to run a large deficit this…

Gene therapy appraisals may limit new drugs in Canada

Canada's separate environmental protection oversight unnecessarily delays development and approval

Gene therapy appraisals may limit new drugs in CanadaBy Nigel Rawson and Mackenzie Moir The Fraser Institute The federal government plans to move ahead with major revisions in regulations governing the tribunal that sets ceiling prices for new prescription drugs in Canada. Revisions include: replacing countries with relatively higher drug prices with lower price countries in the international price-comparison analysis'; enforcing hard thresholds…

Federal COVID-19 assistance lacks targeting

Canada needs to ensure effective use of resources. That means making certain that relief funds go to those genuinely in need

Federal COVID-19 assistance lacks targetingBy Jason Clemens and Milagros Palacios The Fraser Institute There was a time when the policy debate in Canada focused on how generous government assistance should be for those in ‘need,’ mainly low-income Canadians. That resulted in targeted programs such as welfare for the working-age population, Old Age Security and the Guaranteed Income Supplement for…

Ontario budget update misses mark in face of COVID-19

The plan is based on unrealistic assumptions that pose real risks to Ontario finances and includes spending likely to be ineffective

Ontario budget update misses mark in face of COVID-19By Jason Clemens and Niels Veldhuis The Fraser Institute With all the announcements last week by the federal government, and the drama surrounding the passage of the federal spending bill, the Ontario fiscal update went largely unnoticed. But since Ontario is Canada’s largest province – in population and the size of its economy – so…

Ease temporary layoff laws during COVID-19 crisis

Allowing employers to adjust quickly will improve the chances jobs are waiting for returning workers when the crisis subsides

Ease temporary layoff laws during COVID-19 crisisBy Alex Whalen and Niels Veldhuis The Fraser Institute Aside from the enormous health-related challenges due to the COVID-19 virus, employers and workers are feeling major economic pain with job loss, reduced income and revenue. The ability of businesses to adjust quickly will be key to stabilizing the economy and laying the foundation for recovery.…

Ontario’s lost decade of job creation

Toronto and Ottawa are thriving but as long as large regions of Ontario struggle, the province and the country won’t meet their full economic potential

Ontario’s lost decade of job creationBy Ben Eisen and Steve Lafleur The Fraser Institute Ontarians have suffered more than their share of economic pain over the past 15 years. For much of the 2000s, the province’s manufacturing sector was struggling and then the 2008-09 recession made things much worse. In the years that followed, the province’s recovery was unfortunately tepid.…

Teck decision underscores investment crisis in Canada

There’s been a significant drop in investment across 10 of the 15 major sectors of the Canadian economy, and the federal government is to blame

Teck decision underscores investment crisis in CanadaBy Niels Veldhuis and Ashley Stedman The Fraser Institute Canada has massive investment potential. We have an abundance of natural resources, one of the most highly-educated populations in the world, and reside next to the world’s most successful economy. We’re also among the freest countries in the world, with freedom of religion, assembly, movement and…

ShutDownCanada claims are spurious and harmful

ShutDownCanada claims are spurious and harmfulOn Tuesday, while activists reportedly tried to “arrest” Premier John Horgan at his house in British Columbia, Prime Minister Justin Trudeau spoke to the House of Commons, stressing the need for “patience” as rail blockades continue to prevent freight and passenger movement across Canada. The #ShutDownCanada movement is in full swing across the country, with…

Economic stagnation plagues Canada despite G7 rank

The notion that leading the G7 is evidence of strong economic performance or rapid growth in living standards is not simply off base, it’s dangerous

Economic stagnation plagues Canada despite G7 rankBy Ben Eisen and Finn Poschmann The Fraser Institute Recent forecasts suggest Canada may compete with the United States for the top spot in the G7 in 2020 for economic growth. Those forecasts include one from the International Monetary Fund. Political partisans have since flooded social media with the impressive-sounding factoid that Canada may lead…

Fight climate extremists before they upend society

Start learning the deep details of the science and economics instead of letting extremists dictate what you’re allowed to think or say

Fight climate extremists before they upend societyLast year was the year the climate issue took a sharp turn towards extremism. Let’s hope 2020 is the year sanity makes a comeback. There have long been three groups occupying the climate issue. To avoid pejoratives, I will call them A, B and C. The A group are the doubters. They don’t believe greenhouse…

Federal deficit-spending plans put burden on taxpayers

As more resources go towards paying debt interest, the gap between what we pay in taxes and what we receive in services widens

Federal deficit-spending plans put burden on taxpayersBy Tegan Hill and Milagros Palacios The Fraser Institute Federal Finance Minister Bill Morneau recently confirmed that, should a recession occur, Ottawa will turn on the spending taps using borrowed money. This government’s lack of fiscal discipline coupled with a willingness – if not outright enthusiasm – for even more deficit spending could imperil federal…
1 2 3 23