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FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts.
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Latest Research Feb 3-9, 2020
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Justin Trudeau’s government only one in more than a century to increase per-person debt without facing war or recession
Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2020 finds that Justin Trudeau is the only prime minister since 1900—and only one of three prime ministers since Confederation—whose government increased Canada’s per-person debt without facing a world war or recession. Compare that to other recent governments led by Jean Chrétien, Paul Martin and Lester B. Pearson whose tenures were also without a world war or recession. The Chrétien government cut per-person federal government debt by 13.3 per cent followed by Martin’s (7.6 per cent) and Pearson’s (6.7 per cent).
Read More ([link removed])
Only 9% of Ontario’s job-creation happened outside GTA and Ottawa since 2008
Uneven Recovery: Job Creation in Ontario’s Urban Centres between 2008 and 2018, which compares the job-creation numbers of various regions across Ontario, finds that 90.8 per cent of all net job-creation in the province since the 2008/09 recession occurred in the GTA and Ottawa.
Read More ([link removed])
Recent Commentary and Blog Posts
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Trudeau sets another record—and not in a good way ([link removed])
(Appeared in the Toronto Sun) by Tegan Hill and Jake Fuss.
Ottawa’s total debt will hit a projected $1.2 trillion in 2019.
Canada must rethink restrictions on private health insurance—for the sake of patients ([link removed])
(Appeared in the Regina Leader-Post) by Steven Globerman.
Politicians and bureaucrats have less incentive to adopt innovations than private-sector organizations.
Government debt-interest payments already hurting Albertans ([link removed])
(Appeared in the Calgary Sun) by Ben Eisen.
This year, the province's debt will reach a projected $36.6 billion.
Government workers in Atlantic Canada make 11.9% more than private-sector counterparts ([link removed])
(Appeared in the Fredericton Daily Gleaner) by Alex Whalen and Milagros Palacios.
The region's government-sector workers enjoy an average wage premium of 11.9 per cent.
Morneau doubles down on deficit-spending plans ([link removed])
(Appeared in the Winnipeg Free Press) by Tegan Hill and Milagros Palacios.
According to current projections, the federal deficit will reach $26.6 billion this year.
Groundhog Day in the Golden State—how plans to boost affordability in California keep failing ([link removed])
by Josef Filipowicz.
The situation in California has important implications for Canada’s least-affordable cities including Vancouver and Toronto.
The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute's independence, it does not accept grants from governments or contracts for research. For more, call (800) 665-3558 ext. 590.
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