From Fraser Institute <[email protected]>
Subject Canada's growing debt burden, and Canada-US energy competitiveness survey
Date January 13, 2024 6:00 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 Reform Series: Understanding the Nature of Canada’s Fiscal and Economic Challenges
This new series provides practical solutions to many of the most pressing economic challenges facing Canada today.
Read More [[link removed]]

Canada’s combined federal-provincial debt will approach $2.2 trillion in 2023/24
The Growing Debt Burden for Canadians: 2024 Edition is a new study that finds not only has Canada’s projected combined government debt (the federal debt and the provincial debt of all 10 provinces) nearly doubled since 2007/08, the year before the 2008 financial crisis, but the combined debt now equals 76.2 per cent of the Canadian economy.
Read More [[link removed]]

Wyoming and North Dakota lead 17 petroleum producing states and provinces for investment attractiveness; Saskatchewan highest ranked Canadian province at 3rd while Alberta ranks 9th
Canada-US Energy Sector Competitiveness Survey 2023 is an annual survey that finds this year, out of the 17 energy jurisdictions included in the survey, Wyoming ranked 1st followed by North Dakota (2nd), Saskatchewan (3rd)—Canada’s highest-ranked province— Oklahoma (4th), and Kansas (5th), with Alberta in the 9th position, while British Columbia and Newfoundland and Labrador are among the least attractive jurisdictions, ranking 14th and 15th, respectively.
Read More [[link removed]]


Commentary and Blog Posts
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James Gwartney helped make the world more free and prosperous [[link removed]]
by Matthew D. Mitchell
The Economic Freedom of the World index has grown to cover several dozen indicators in 165 countries.

Government child-care system squeezing private operators in Alberta [[link removed]]
(Appeared in the Calgary Sun) by Matthew Lau
Price control means child-care operators are unable to raise fees to reflect the increased cost of doing business.

Federal government’s promises of deficit reduction ring hollow [[link removed]]
(Appeared in the Toronto Sun) by Ben Eisen and Jake Fuss
The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.

Alberta should learn from other higher-performing universal health-care systems [[link removed]]
by Nadeem Esmail
The province's average wait time for health care grew from 18.5 weeks in 2008 to 33.5 weeks in 2023.

B.C. government’s attempt to reduce cash-for-density deals may fall short [[link removed]]
(Appeared in the Vancouver Sun) by Josef Filipowicz
These fees reach tens of thousands of dollars per home in the housing-starved Lower Mainland.

Canadian businesses must prepare for heavier tax burden in 2024 [[link removed]]
(Appeared in the Hub) by Matthew Lau
The federal carbon tax will rise to $80 per tonne this year.

Ottawa’s disinterest in entrepreneurship and business investment hurting economy [[link removed]]
(Appeared in National Newswatch) by Jason Clemens and Jake Fuss
Between 2014 and 2022, business investment in plants, machinery, equipment and new technologies declined by 1.2 per cent annually on average.

Defunding independent schools will rob B.C. families of ability to choose [[link removed]]
(Appeared in True North) by Paige MacPherson
The province's math scores have declined significantly over the last 20 years.

Cost of federal government debt rising for Canadians [[link removed]]
(Appeared in National Newswatch) by Ben Eisen and Jake Fuss
Federal debt interest costs increased by 90 per cent in just two years.


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