From Fraser Institute <[email protected]>
Subject Canada's fiscal policy vs. inflation, and The surgery backlog
Date April 8, 2023 5:00 PM
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FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts
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Latest Research
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Federal government’s failure to restrain spending undermines Bank of Canada’s effort to tame inflation
Canada’s Fiscal Policy Has Undermined Efforts to Tackle Inflation finds that the federal government’s decision to increase already high levels of spending and continued budget deficits will hinder the Bank of Canada’s efforts to tame inflation.
Read More [[link removed]]

Tackling the Surgery Backlog in the Canadian Provinces: Some Lessons from International Experience is a new study that finds unlike Canada, other countries with universal health-care systems—including Britain, Sweden and the Netherlands—have managed to reduce their medical wait-times by using the private sector to its advantage and incentivizing greater efficiency through alternative funding models.
Read More [[link removed]]


Essential Scholars Explained
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Key Insights of UCLA—Part 1: Why the profit motive is better for industry and better for people [[link removed]]
David Henderson, emeritus professor of economics with the Naval Postgraduate School in Monterey, California, and host Rosemarie Fike dive right into conflict aversion in school, in the home, and even discuss how the UCLA school illuminated how the profit motive helps reduce discrimination by automatically imposing a penalty on those who do.


Commentary and Blog Posts
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Supreme Court ruling ends hope for many patients waiting for care in Canada [[link removed]] by Bacchus Barua and Nadeem Esmail
Patients needing neurosurgery faced a typical wait of more than a year.

‘Green’ recovery plans will impose substantial costs on the economy [[link removed]]
(Appeared in the Ottawa Sun) by Elmira Aliakbari and Jason Clemens
Ottawa has mandated the phase-out of conventional coal-fired electricity generation.

Competition Bureau should support actual competition in the market [[link removed]]
(Appeared in the Globe and Mail) by Steven Globerman
Governments in Canada have implemented many laws and regulations that discourage firms from entering a range of industries.

Quebec creates its own state-sponsored environmental problems [[link removed]]
(Appeared in the Financial Post) by Vincent Geloso
Since the 1960s, the steel industry has been the recipient of provincial government largesse.

Federal budget does not meet definition of ‘restraint’ [[link removed]]
(Appeared in National Newswatch) by Matthew Lau
The budget dumps billions into the government’s bottomless climate policy money pit.

Another federal mandate, another increase in costs [[link removed]]
(Appeared in True North) by Kenneth P. Green
The government plans to raise the cost of what the government purchases.

Fossil fuels—a huge net benefit to humanity [[link removed]]
(Appeared in the Hub) by Pierre Desrochers
The massive industrialization of the last two centuries dramatically improved the health and life expectancy of humanity.

Despite surge of revenue, few Canadian governments expect surpluses in 2023 [[link removed]]
by Jake Fuss, Tegan Hill, and Alex Whalen
According to projections, federal net debt will jump by more than $142 billion over the next five years.

TMX pipeline demonstrates dire need for regulatory reform [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
The project's estimated cost has ballooned from $5.4 billion to almost $31 billion.

Corporate welfare for Michelin—another example of wrongheaded policy [[link removed]]
(Appeared in the Halifax Chronicle Herald) by Tegan Hill and Alex Whalen
In 2017, the provincial government spent $310 million on corporate welfare.

Indigenous programs and payouts help drive federal deficits [[link removed]]
(Appeared in the Epoch Times) by Tom Flanagan
In just two fiscal years, Indigenous spending increased by $4 billion.


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