From Fraser Institute <[email protected]>
Subject Median incomes in Canada vs. USA, and Re-establishing Alberta fund
Date October 21, 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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Toronto ranks 102 out of 141 Canadian and US metropolitan areas on employment income growth from 2010-2019
Analysis of Changes in Median Employment Income in Large Canadian and American Metropolitan Areas, 2010-2019 is a new study that ranks employment income growth in the largest 141 metropolitan areas in Canada and the United States from 2010 to 2019, finding that only three Canadian cities rank in the top half, with Toronto—Canada’s largest metropolitan area—ranking 102nd.
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With spending restraint, Alberta can re-introduce a rainy-day fund worth $9.8 billion by 2025/26
There’s time to get off the resource revenue rollercoaster: Re-establishing the Alberta Sustainability Fund is a new study that finds with spending restraint, Alberta can re-introduce a rainy-day fund worth $9.8 billion by 2025/26 that could help insulate the province’s budget from swings in resource revenue.
Read More [[link removed]]

Median employment income for Halifax workers nearly $24,000 less than in Boston
Comparing Median Employment Incomes in Atlantic Canada and New England Metropolitan Areas measures median employment income in 20 metropolitan areas in Atlantic Canada and New England (from 2010-2019), finding that most major urban areas in Atlantic Canada underperformed compared to the neighbouring region.
Read More [[link removed]]


Essential Scholars Explained Podcast
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Milton Friedman Part 2: Government Control and Long-Term Consequences [[link removed]]
Steven E. Landsburg, Professor of Economics at the University of Rochester and author of The Essential Milton Friedman, returns to discuss Friedman’s most salient ideas with host Rosemarie Fike, specifically how the expansion of government power may enable positive change but can just as easily enable negative societal change, ultimately removing choice from people and consumers.


Commentary and Blog Posts
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Supreme Court decision won’t deter Ottawa’s zeal to regulate provincial projects [[link removed]]
(Appeared in the National Post) by Bruce Pardy
The Act expanded the project assessment process to include effects on “gender."

Any reasonable CPP asset split would reduce contribution rates for Albertans [[link removed]]
by Tegan Hill
Albertans have paid significantly more into the CPP than its retirees have received in return.

Canada’s gap between homebuilding and population growth has never been wider [[link removed]]
(Appeared in the Toronto Star) by Josef Filipowicz
In 2022, the country's population increased by 4.7 people for every new home built.

PBO report underscores Ottawa’s irresponsible spending spree [[link removed]]
(Appeared in the Toronto Sun) by Jake Fuss and Grady Munro
Federal spending in 2023/24 will increase by $5.6 billion more than the government’s previous projection.

Explosive government-sector job growth in B.C. dwarfs growth in private sector [[link removed]]
(Appeared in Business in Vancouver) by Ben Eisen
From February 2020 to June 2023, total employment in B.C. increased by 111,500 jobs—including 104,400 in the government sector.

Number of homebuyers and renters vastly outpacing number of available homes in Alberta [[link removed]]
(Appeared in the Calgary Herald) by Josef Filipowicz and Tegan Hill
In 2022, Alberta’s population grew by 164,793 people, dwarfing the 29,837 new housing completions.

Nova Scotia government must consider bold health-care reform [[link removed]]
(Appeared in the Halifax Chronicle Herald) by Mackenzie Moir and Bacchus Barua
Last year, the median wait time between referral to treatment in Nova Scotia was 58.2 weeks, dwarfing the national average.


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