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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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No evidence of increasing droughts, floods, hurricanes and wildfires, despite activist claims
Extreme Weather and Climate Change finds that contrary to claims by many climate activists and politicians, extreme weather events—including forest fires, droughts, floods and hurricanes—are not increasing in frequency or intensity.
Read More [[link removed]]
2024 Federal Budget
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New capital gains hike won’t work as claimed but will harm the economy [[link removed]]
(Appeared in the Globe and Mail) by Alex Whalen and Jake Fuss
Investors may delay selling capital assets because they anticipate a change in government and a reversal back to the previous inclusion rate.
Federal budget fails to ‘break the glass’ on Canada’s economic growth crisis [[link removed]]
(Appeared in the Toronto Sun) by Grady Munro and Jake Fuss
Per-person GDP, a common indicator of living standards, now sits below where it was at the end of 2014.
Federal government sticks to its soft fiscal targets—but this is no cause for celebration [[link removed]]
(Appeared in the Western Standard) by Grady Munro and Jake Fuss
According to the budget, deficits over five years will add more than $153 billion in additional federal debt.
Federal budget’s scale of spending and debt reveal a government lacking self-control [[link removed]]
by Jake Fuss and Grady Munro
In 2024/25, federal program spending will reach a projected $483.6 billion—up $16.1 billion from the previous budget’s estimates.
Realities of Socialism Podcast
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Realities of Socialism: The Unique Case of Singapore [[link removed]]
Steven Globerman, PhD, Senior Fellow and the Addington Chair in Measurement at the Fraser Institute, joins host Rosemarie Fike to discuss the unique case of Singapore' economic and social system, and how their particular economic circumstances and history leave many people wondering.
Commentary and Blog Posts
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Canada’s economy has stagnated despite Ottawa’s spin [[link removed]]
(Appeared in the Financial Post) by Ben Eisen, Milagros Palacios, and Lawrence Schembri
From 2015 to 2023, inflation-adjusted per-person economic growth averaged a paltry 0.3 per cent.
Powerful players count on corruption of ideal carbon tax [[link removed]]
(Appeared in the Ottawa Sun) by Kenneth P. Green
Governments heavily subsidize wind and solar power businesses who receive a 30 per cent investment tax credit.
Business investment key to addressing Canada’s productivity crisis [[link removed]]
(Appeared in the Hill Times) by Tegan Hill
Canada’s GDP per hour worked—a key measure of productivity growth—is among the lowest in the OECD.
Federal government remains intransigent on emissions cap despite dire warnings of harm [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
Any emissions reduction from the cap would likely have no detectable impact on the climate.
B.C.’s credit downgrades reflect government’s spending and debt binge [[link removed]]
(Appeared in Business in Vancouver) by Tegan Hill and Jake Fuss
The government plans to overspend by $11.2 billion relative to its 2023 budget plan.
Nova Scotia remains Canada’s most government-dominated province [[link removed]]
(Appeared in the Macdonald Notebook) by Alex Whalen, Jake Fuss, and Grady Munro
At 63 per cent of the economy, Nova Scotia’s government footprint is far beyond the estimated optimal level.
Ontarians face some of the highest income tax rates in North America [[link removed]]
(Appeared in the Ottawa Citizen) by Jake Fuss and Grady Munro
An individual making C$50,000 per year faces a higher income tax rate in Ontario than in every U.S. state.
Solar eclipse school closures underscore impact of learning loss [[link removed]]
(Appeared in the Globe and Mail) by Michael Zwaagstra
Ontario schools were closed for 135 days during the pandemic, more than any other province.
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