From Fraser Institute <[email protected]>
Subject Debt-interest cost for Canadians, and Atlantic Canada's private sector
Date January 27, 2024 6:00 PM
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FRASER UPDATE
A weekly digest of our latest research and commentaries
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Latest Research
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Canadians in every province will pay more than $1,750 per person in 2023-24 on government interest costs amounting to $81.8 billion
Federal and Provincial Debt-Interest Costs for Canadians: 2024 Edition is a new study that finds taxpayers across Canada will pay a total of $81.8 billion on interest payments for the federal and provincial debts in 2023/24, with $46.5 billion alone spent on debt servicing charges.
Read More [[link removed]]

Nova Scotia’s private sector largely trails the rest of the country; failed to improve between 2007-2019
Stagnation in Atlantic Canada’s Private Sector: Measuring Progress 2007 to 2019 is a new study that analyzes the private sector in Atlantic Canada and across the country between 2007 and 2019, finding that the region's private sector trailed the rest of the country, failing to improve over the period.
Read More [[link removed]]


Commentary and Blog Posts
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Federal government consistently spends beyond high spending targets [[link removed]]
(Appeared in Business in Vancouver) by Matthew Lau
The government now expects to spend $58 billion more than its 2023 budget projections.

Natural gas key to withstanding winter and Ottawa’s assault [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
Gas and coal produced nearly 90 per cent of the province's electricity.

Ontario families deserve more school choice [[link removed]]
(Appeared in the Epoch Times) by Michael Zwaagstra
The government should let parents decide where to direct their children’s education funding.

Debate continues over an Alberta pension plan—but here’s a key fact [[link removed]]
by Tegan Hill
Albertans contributed about 16 per cent of total CPP contributions but received only 12 per cent of total CPP benefits.

Numbers don’t lie—Saskatchewan kids can’t afford a teacher strike [[link removed]]
(Appeared in the Regina Leader-Post) by Paige MacPherson
The province's students dropped 22 points in science, 38 points in math and 21 points in reading.

Alberta government should learn from past fiscal mistakes [[link removed]]
by Ben Eisen and Tegan Hill
Young Albertans are paying the price today for the past 15 years of government debt accumulation.

Dismal test results should prompt New Brunswick government to increase school choice [[link removed]]
(Appeared in the New Brunswick Telegraph-Journal) by Alex Whalen and Paige MacPherson
Many independent schools cater to students with learning disabilities.

Canadian policymakers should learn from Australia’s health-care system [[link removed]]
(Appeared in the Ottawa Sun) by Mackenzie Moir and Bacchus Barua
Australia’s health-care system outperformed Canada’s on many measures including the availability of physicians and hospital beds.

Federal government embraces co-payments and ‘dual billing’ for dental care—but not health care [[link removed]]
(Appeared in the Ottawa Citizen) by Steven Globerman
Ottawa's plan won’t replace existing provincial and territorial programs that already cover some oral health services.

Toronto should reduce spending before raising taxes on homeowners [[link removed]]
(Appeared in the Toronto Sun) by Matthew Lau
Salaries for municipal government staff in Toronto were an estimated 11.2 per cent higher than private-sector rates.


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