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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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Federal government could balance the budget by 2026/27 with modest spending restraint
A Case for Spending Restraint: How the Federal Government Can Balance the Budget is a new study that finds the federal government could achieve a balanced budget within a couple short years with only modest spending restraint, such as slowing the growth in nominal program spending by only 4.3 per cent.
Read More [[link removed]]
Toronto has the lowest level of median employment income amongst the 15 largest metropolitan areas in Canada and the United States
Comparing Employment Income in Toronto and Selected American Metropolitan Areas is a new study that compares median employment income in Toronto and US metropolitan areas, and finds that the annual gap in employment income between Toronto and the lowest ranking large US metropolitan area, Miami, was $2,030 in 2019, while the difference between Toronto and the highest-ranking US metro, San Francisco, was $32,765.
Read More [[link removed]]
Canada unlikely to meet NATO spending target without accumulating billions in new debt
Canada’s Challenge in Meeting NATO’s Defence Spending Target is a new essay in the Institute’s series on federal reforms, which highlights how Canada is unlikely to meet the NATO spending target of two per cent of GDP without running large deficits and accumulating debt.
Read More [[link removed]]
Commentary and Blog Posts
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Federal government ratchets up ‘climate’ propaganda [[link removed]]
(Appeared in the Toronto Sun) by Kenneth P. Green
The government's polices will prevent the development of oil and gas resources and restrict the economy.
Albertans continue to pay for government debt—despite budget surpluses [[link removed]]
(Appeared in the Edmonton Sun) by Tegan Hill
The province's debt interest costs increased from $61 per person in 2007/08 to a projected $672 per person in 2023/24.
No evidence of ‘mass graves’ or ‘genocide’ in residential schools [[link removed]]
by Tom Flanagan
Many parents saw residential schools as the best option available for their children.
Quality testing data shows why smartphones have no place in classrooms [[link removed]]
(Appeared in the Surrey Now-Leader) by Paige MacPherson
From 2003 to 2022, B.C. math scores have plummeted by 42 points.
Economic growth crucial for both the private economy and government sector [[link removed]]
by Jason Clemens and Tegan Hill
If current trends continue, people in countries such as Estonia, Korea and Turkey will have higher living standards than Canadians.
Federal government should face facts—the EV transition is failing [[link removed]]
(Appeared in the Western Standard) by Kenneth P. Green
In Germany, EV sales are in freefall as the cash-strapped government tapers off subsidies.
Alberta government must fundamentally reform health care to shorten wait times [[link removed]]
(Appeared in the Calgary Sun) by Mackenzie Moir and Tegan Hill
The median wait time for surgery in Alberta was 33.5 weeks, one of the longest waits in the country.
Canada should learn from Singapore’s stunning economic growth [[link removed]]
(Appeared in the Hub) by Steven Globerman
Government spending (as a share of the economy) in Singapore is around 15 per cent compared to more than 40 per cent in Canada.
Public-private partnerships the norm in higher-performing universal health-care systems [[link removed]]
(Appeared in the Thunder Bay Chronicle-Journal) by Mackenzie Moir
The median wait time in Ontario last year (21.6 weeks) was more than twice as long as the 9.1-week wait in 1993.
Federal government expected to break ‘David Dodge Rule’ on debt interest [[link removed]]
by Grady Munro and Jake Fuss
According to government projections, federal debt interest costs in 2023/24 will reach $46.5 billion.
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