From Fraser Institute <[email protected]>
Subject Business investment in Canada, and Federal spending during COVID
Date July 1, 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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Per-worker business investment down 20% since 2014 and falling further behind U.S.
Comparing Business Investment per Worker in Canada and the United States, 2002–2021 finds that in Canada business investment per worker—a key driver of income gains and living standards—has declined by 20 per cent since 2014.
Read More [[link removed]]

Ottawa’s wasteful COVID spending will cost taxpayers more than $110 billion by 2032/33
Fiscal Waste During the Pandemic in Canada and the United States is a new essay in the Fraser Institute’s series on the COVID-19 pandemic. It finds that the total cost of the Ottawa’s wasteful COVID spending—money that was poorly targeted or sent to ineligible recipients—will eclipse $110 billion by 2032/33, partly as a result of higher debt interest costs. In the United States, the total cost of wasted COVID spending will exceed $1.5 trillion over the next ten years.
Read More [[link removed]]


Essential Scholars Explained Podcast
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James Buchanan: Why What’s “Best For All” Doesn't Work For Everyone [[link removed]]
Randall G. Holcombe, DeVoe Moore Professor of Economics at Florida State University and co-author of The Essential James Buchanan, joins host Rosemarie Fike to discuss the life and philosophy of economist James Buchanan, including his contributions to public choice theory. They even get into why it is that government officials struggle to have the right information and the right personal incentive to make optimal decisions for society.


Commentary and Blog Posts
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Oil and gas workers will bear brunt of Ottawa’s ‘Just Transition’ [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
Similar energy transitions in Europe have not gone smoothly, to say the least.

Federal government pursuing Soviet-style central ‘climate’ planning [[link removed]]
by Jock Finlayson
The government's vision vastly exaggerates the knowledge and foresight of elected officials and bureaucrats.

Ontario health-care reforms good first step in right direction [[link removed]]
by Mackenzie Moir and Bacchus Barua
In 2022, Ontarians could expect to wait 20.3 weeks for treatment.

Ideology trumps merit in Toronto schools [[link removed]]
(Appeared in the Epoch Times) by Michael Zwaagstra
Many public school boards are obsessed with erasing all differences between gender and racial groups.

June 27 is Balanced Budget Tax Freedom Day in Canada [[link removed]]
by Jake Fuss
According to budget forecasts, the federal government will run a $40.1 billion deficit this year.

More money for teachers won’t make public schools better [[link removed]]
(Appeared in True North) by Michael Zwaagstra
Provinces should allow parents to use government funding to enroll their children in schools of their choice.


SUPPORT THE FRASER INSTITUTE
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