From Fraser Institute <[email protected]>
Subject Singapore's economic growth, and the Federal day-care program
Date February 10, 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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Singapore per-person income increased from US$4,215 in 1965 to US$59,176 in 2020, providing lessons in economic growth for western countries
Meritocracy, Personal Responsibility, and Encouraging Investment: Lessons from Singapore’s Economic Growth Miracle finds that western countries including Canada can learn from Singapore’s pro-growth policies, which have helped transform Singapore from a comparatively poor country into one of the world’s richest countries.
Read More [[link removed]]

Federal day-care program has resulted in little-to-no change in the female labour force participation rate or industry employment
Is the Federal Daycare Program Achieving Its Stated Goals? is a new study that finds the federal government’s initiative to expand subsidized daycare and raise the labour force participation rate of women has produced few results, nor has the roll-out of daycare meaningfully expanded employment in the industry.
Read More [[link removed]]


Realities of Socialism Podcast
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Polling Perspectives on Socialism [[link removed]]
Jason Clemens, Executive Vice President of the Fraser Institute and co-author of Perspectives on Capitalism and Socialism: Polling Results from Canada, the United States, Australia, and the United Kingdom, joins host Rosemarie Fike to discuss why younger people poll in favour of and seem so drawn to the idea of socialism compared to the reality most face under socialist states. They even get into conceptual thinking versus results and why the polling data rejects the Scandinavian model.


Commentary and Blog Posts
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B.C. government’s land use plan would severely damage province’s investment climate [[link removed]]
(Appeared in the Financial Post) by Niels Veldhuis and Jason Clemens
The province would essentially become un-investable in many industries that do business on Crown lands or water.

Canadian patients want other options outside crumbling health-care system [[link removed]]
by Bacchus Barua and Mackenzie Moir
Countries such as Switzerland, Germany and Australia either partner with their private sector or use it as a pressure-valve for the public system.

Federal government increased number of public service employees by more than 40% [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss and Grady Munro
Since 2015, living standards in the U.S. grew by nearly three times as much as in Canada.

Toronto mayor eyes police budget cuts while crime rises [[link removed]]
(Appeared in the Toronto Sun) by Matthew Lau
According to the latest statistics, major crime in the city increased 17.6 per cent in 2023.

Federal government should scrap ‘supply management’ and save Canadians money [[link removed]]
(Appeared in National Newswatch) by Alex Whalen and Jake Fuss
The supply management system costs the average Canadian household an estimated $300 to $444 annually.

Students pay price for collapse of testing in B.C. schools [[link removed]]
by Paige MacPherson and Joel Emes
Less than half of the province's Grade 10 students are proficient in numeracy.

Alberta government ignores warnings about overspending [[link removed]]
by Lennie Kaplan and Tegan Hill
In 2022/23, Alberta's program spending was $13,570 per person, more than $1,200 higher than Ontario.

B.C.’s coming debt boom will make COVID deficits look like small potatoes [[link removed]]
by Ben Eisen
The province is on track to add more debt than it did during the 2008/09 recession and pandemic.

Ottawa delivering economic stagnation—not progress [[link removed]]
(Appeared in the Hub) by Jake Fuss
The quarterly declines in real per-person GDP have occurred before, during and after the pandemic.

Ontario takes good first step to restoring foundation blocks of learning in schools [[link removed]]
(Appeared in the Epoch Times) by Paige MacPherson
The province's math test scores have plummeted by 35 points.


SUPPORT THE FRASER INSTITUTE
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