Having trouble viewing? Try the web version [link removed] of this email. Latest Research Top 20% of Canadian income-earning families pay 54% of all taxes [[link removed]]

Measuring Progressivity in Canada’s Tax System, 2024 finds that despite common misperception, the top 20 per cent of income-earning families pay a larger share of total taxes (54.2 per cent) than their share of income (46.4 per cent).

Read More [[link removed]] Excessive regulatory burden on oil and gas sector has driven business investment down 52.1 per cent over past 10 years [[link removed]]

Ottawa’s Regulatory Assault on the Extraction Sector and its Impact on Investment is the latest installment in the Institute’s essay series on federal policy reforms. Authored by Senior Fellow Kenneth Green, this essay spotlights the excessive regulatory burden that has been imposed on the oil and gas sector in Canada over the past 10 years and highlights how much-needed business investment in the industry has declined as a result.

Read More [[link removed]] The Realities of Socialism [[link removed]]

Historically, how did people suffer under socialist rule? Can countries transition back to market democracy? Why do young people in western countries favour socialism over capitalism? Do they even know what socialism is? And are Sweden and Denmark really the socialist utopias they’re made out to be? Join The Wall St. Journal’s Mary O’Grady and many other experts as they dive into these topics and more.

Commentary and Blog Posts Federal government’s turbo-charged immigration helping drive housing demand [[link removed]] (Appeared in the Toronto Sun) By: Jock Finlayson

According to a recent Statistics Canada report, Canada’s population has just hit the level it was previously expected to reach in 2028.

No reliable evidence that ESG investing produces above-average returns [[link removed]] (Appeared in the Financial Post) By: Steven Globerman

Despite growing skepticism among investors, as evidenced by their withdrawal of billions of dollars from ESG equity funds so far in 2024, many finance industry leaders continue to claim that ESG-focused investing produces above-average returns. But is that true?

Many Gen Z and millennial Canadians don’t believe in EV corporate welfare [[link removed]] (Appeared in the Calgary Sun) By: Tegan Hill and Jake Fuss

According to a new Leger poll, a significant percentage of Gen Z and millennial Canadians don’t believe that billions of dollars in government subsidies to build electric vehicle (EV) plants—including $5 billion to Honda, $13.2 billion to Volkswagen and $15 billion to Stellantis—will benefit them.

British Columbia should replace PST with an HST [[link removed]] (Appeared in Business in Vancouver) By: Bev Dahlby and Tegan Hill

A recent TD report warned of British Columbia’s “lackluster investment prospects,” which are impeding strong economic growth. Fortunately, policymakers in Victoria can do something about it.

Alberta government peddles fanciful numbers for film and TV tax credit returns [[link removed]] (Appeared in the Calgary Herald) By: Matthew Lau

According to a recent announcement, the Smith government plans to expand film and television tax credits in Alberta.

Nova Scotia government’s smartphone restrictions don’t go nearly far enough [[link removed]] (Appeared in the Halifax Chronicle Herald) By: Paige MacPherson and Alex Whalen

According to a new directive from the Houston government, beginning next schoolyear, junior high and high school students in Nova Scotia must turn off and keep their phones out of sight during classroom instruction, with exceptions based on the discretion of teachers who will be forced to deliberate on every smartphone request.

New Brunswick’s Tax Freedom Day came later than most other provinces [[link removed]] (Appeared in the Fredericton Daily Gleaner) By: Alex Whalen

If you paid all your taxes up front, what day in the year would you stop working for the government and start working for yourself? According to a new study published by the Fraser Institute, Tax Freedom Day in New Brunswick this year was June 15.

Canada’s economic stagnation—a big problem for Canadians [[link removed]] By: Ben Eisen

This Canada Day, Canadians can be proud to live in a country with a history of peace and progress and much potential. But we can’t ignore Canada’s recent dismal economic performance and the financial pressures—driven by stagnating income growth—on households.

STAY UP TO DATE

SUPPORT THE FRASER INSTITUTE

The Fraser Institute has been ranked the #1 think tank in Canada, and the 14th best think tank out of more than 8,200 around the world! We keep Canadians – and decision-makers! – informed.

But we are only as strong as our supporters. We do not accept government grants or payments for research - we depend on individuals like you to continue our good work! We are a charity - your donation entitles you to a generous tax credit at tax time!

Donate Now [[link removed][campaignid]]

Contact Us [[link removed]] Privacy Policy [[link removed]] Unsubscribe [link removed] The Fraser Institute's mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. Email is one of the best tools we have to accomplish these goals. If you no longer wish to receive e-mail updates from us, click here to unsubscribe [link removed].

Fraser Institute 4th Floor, 1770 Burrard Street Vancouver, BC V6J 3G7