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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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44 per cent chance Ottawa increases debt over 10-year period; likelihood of failure jumps to 59 per cent over 20 years
Adrift without an Anchor: Federal Fiscal Policy and Canada’s Long-Term Debt Ratio finds that that there is a 44 per cent chance that the federal debt to GDP ratio will increase by 2036-37, and a 59 per cent chance it will increase by 2046-47—meaning the federal government would fail to stick to its core fiscal goal.
Read More [[link removed]]
Alberta surplus turns to $4.8 billion deficit if resource revenue was at 20-year average
Alberta’s Underlying Budget Deficit finds that if not for historically high resource revenue, the Alberta government would run a large budget deficit this year and the next two years.
Read More [[link removed]]
Commentary and Blog Posts
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Prime minister rejects ‘austerity’ despite massive debt and dismal economic growth [[link removed]]
(Appeared in the Globe and Mail) by Grady Munro and Jake Fuss
Nearly a decade of uninterrupted deficits has increased the federal debt by $941.9 billion.
B.C. plans to 'reconcile' by giving First Nations veto on land use [[link removed]]
(Appeared in the National Post) by Bruce Pardy
First Nations would have veto power over mining, hydro projects, communication towers and much more.
B.C. government’s plan to co-manage public land with First Nations will close province for business [[link removed]]
by Niels Veldhuis and Jason Clemens
According to the plan, First Nations will become joint landlords of more than 90 per cent of the province.
Prosperity waning due to Ottawa’s misguided population growth policy [[link removed]]
(Appeared in the Toronto Sun) by Jock Finlayson
Per-person GDP fell by at least two per cent last year and is set for a repeat performance in 2024.
Canadian policymakers should learn from Fauci’s confessions [[link removed]]
(Appeared in True North) by Kenneth P. Green and Paige MacPherson
School closures contributed to a rise in anxiety, depression and suicide among young people.
Canadians losing faith in our health-care system [[link removed]]
by Bacchus Barua
Other countries include the private sector as a partner in the universal health-care framework.
Ottawa should eliminate agents of corporate welfare [[link removed]]
(Appeared in the Hill Times) by Alex Whalen
The seven organizations combined will spend more than $2 billion in 2023-24 while employing nearly 2,000 civil servants.
Improved private-sector conditions key to increased prosperity in Maritimes [[link removed]]
by Alex Whalen
In Nova Scotia, government spending as a share of the economy averaged more than 60 per cent from 2007 and 2019.
Myth-busting will help accelerate ESG retreat [[link removed]]
by Matthew Lau
Many environmental and social problems are better handled by bottom-up market forces, not top-down initiatives.
Federal government debt interest costs nearly double in just two years [[link removed]]
(Appeared in the Financial Post) by Jake Fuss and Grady Munro
From 2021/22 to 2023/24, federal debt interest costs increased from $24.5 billion to $46.5 billion.
Saskatchewan proved that reform can shorten wait times [[link removed]]
by Mackenzie Moir
The province went from having some of the longest waits for surgery to some of the shortest.
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