From Fraser Institute <[email protected]>
Subject Comparing the Investment Performances of Canada and the United States, and A New Fiscal Framework for British Columbia
Date July 13, 2024 2:00 PM
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Having trouble viewing? Try the web version [link removed] of this email. Latest Research Weak business investment in technologies compared to the U.S. hindering improvements in living standards [[link removed]]

Comparing the Investment Performances of Canada and the United States Over the Past Five Decades is a new study that finds weak business investment in technologies that increase worker productivity over the past decade is stifling Canada’s economic growth and suppressing improvements in Canadian living standards when compared to other OECD countries—especially the United States, which has only grown in these areas.

Read More [[link removed]] B.C. government should stop relying on boom-and-bust natural gas revenues to fund ongoing programs [[link removed]]

A New Fiscal Framework for British Columbia finds that the B.C. government should stop relying on volatile boom-and-bust resource revenues—like the Alberta government—and fundamentally change its fiscal approach.

Read More [[link removed]] Commentary and Blog Posts Provinces should be cautious about cost-sharing agreements with Ottawa [[link removed]] (Appeared in True North) By: Tegan Hill and Jake Fuss

According to Premier Danielle Smith, Alberta will withdraw from the federal government’s dental care plan by 2026 mainly because the plan would duplicate coverage already provided to many Albertans (although she plans to negotiate unconditional funding in lieu of being in the program).

Remove the LCBO from the hands of politicians [[link removed]] By: Livio Di Matteo

On Friday, Ontario liquor store workers hit the picket lines, closing liquor stores across the province. The strike, which will surely upset many Ontarians, raises some key questions about the liquor market in the province.

Corporate Canada betrayed capitalism. Now it has been betrayed [[link removed]] (Appeared in the National Post) By: Bruce Pardy

The original Battlestar Galactica, a campy space opera, debuted on network television in 1978. Canadian actor John Colicos played the traitor Baltar, who helps robot Cylons ambush human civilization.

Ottawa must amend Canada Health Act to allow meaningful health-care reform [[link removed]] (Appeared in the Ottawa Sun) By: Nadeem Esmail

Canada’s health-care system is broken, with patients enduring record delays in one of the least accessible—and most expensive—universal health-care systems in the developed world.

Canada unlikely to meet NATO commitments without significant debt accumulation [[link removed]] By: Grady Munro and Jake Fuss

At this year’s NATO summit, held in Washington, D.C., Canada will undoubtedly face renewed pressure by our allies to increase defence spending to reach the alliance’s spending target of two per cent of gross domestic product (GDP)—a target that is increasingly viewed as the bare minimum.

Government services faltering despite Ottawa’s tax hikes [[link removed]] (Appeared in National Newswatch) By: Matthew Lau

According to a study published by the Fraser Institute, 44.6 per cent of the average family’s income will be consumed by taxes of all kinds in 2024.

New federal law may actually inject more facts into ‘climate’ debate [[link removed]] (Appeared in the Edmonton Sun) By: Kenneth P. Green

A new federal law—Bill C-59, which received royal assent last month—has Canada’s oil and gas industry and the premiers of oil and gas provinces up in arms.

Reality check—Ottawa’s capital gains tax hike hurts Canada’s economic wellbeing [[link removed]] (Appeared in the Hub) By: Jake Fuss

In a recent Globe and Mail column, UBC Professor Kevin Milligan said the federal government’s recent capital gains tax increase will not make much of a difference to Canada’s economic wellbeing. But this view ignores the obvious negative consequences of the tax increase.

Federal government wreaking havoc on P.E.I. child care [[link removed]] (Appeared in the Charlottetown Guardian) By: Matthew Lau

Gudie Hutchings, the federal cabinet minister for the Atlantic Canada Opportunities Agency and an MP from Newfoundland and Labrador, was recently in Charlottetown with local Liberal MP Sean Casey to trumpet the Liberals’ $10-a-day child-care program.

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