From Fraser Institute <[email protected]>
Subject Trudeau government's COVID-19 fiscal response
Date March 21, 2020 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 Mar 16-22, 2020
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Ottawa enacts measured, well-targeted response to coronavirus downturn
The federal government this week announced its fiscal response to the growing economic downturn caused by the risks and responses to COVID-19. In total, Ottawa will directly spend up to $27 billion to support individual Canadians and businesses. Many of these measures announced will effectively stabilize income for Canadians and businesses, which is the key to mitigating the economic downturn.
Read More ([link removed])

Stabilizing income vs. economic stimulus—what’s the difference?
There’s a great deal of discussion right now regarding the need for governments to “stabilize income” and “stimulate the economy.” It’s critical to understand the difference between the two if we’re going to introduce effective policy in response to the current economic downturn.
Read More ([link removed])

Fraser Institute releases new Ontario elementary school rankings
The Report Card on Ontario’s Elementary Schools ranks more than 3,000 anglophone and francophone public and Catholic schools (and a small number of independent schools) based on nine academic indicators from results of annual provincewide reading, writing and math tests.
Read More ([link removed])

Recent Commentary and Blog Posts
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Tax breaks—not government ownership—to mitigate Ottawa’s harm ([link removed])
(Appeared in the Calgary Sun) by Robert P. Murphy.
The Alberta government may take an ownership stake in future oil and gas development.

Ford government should exercise prudence in these volatile times ([link removed])
(Appeared in the Toronto Sun) by Ben Eisen. 
Ontario's net debt is set to hit $354 billion this year.

Kenney government should reform Alberta energy regulations ([link removed])
(Appeared in Calgary's Business) by Steven Globerman and Jairo Yunis.
Responsible energy development should incorporate due attention to public safety and the environment.

Ottawa has a middle-class definition problem ([link removed])
by Herbert Grubel.
The OECD defines the middle class as anyone earning between 75 per cent and 200 per cent of median household income after tax.

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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