From Fraser Institute <[email protected]>
Subject Canada's low growth in per person GDP, Paying Dividends to Albertans, and Nitrous Oxide emissions from Canada
Date July 27, 2024 2:00 PM
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Having trouble viewing? Try the web version [link removed] of this email. Latest Research Canada had the third-lowest growth in per person GDP among 30 advanced economies between 2014 and 2022 [[link removed]]

We’re getting poorer: GDP per Capita in Canada and the OECD, 2002 - 2060 is a new study that finds Canada had the third-lowest growth in GDP per person—a broad measure of living standards—from 2014 to 2022 among 30 advanced economies in the OECD.

Read More [[link removed]] Dividends to Albertans key to success of the Heritage Fund over longer-term [[link removed]]

An Alberta Dividend: The Key to Growing the Heritage Fund is a new study that finds if Alberta's Heritage Fund were prioritized with specific fiscal rules and began paying dividends to Albertans, it would be worth between $35.8 billion and $38.7 billion by 2026/27–all while paying out between $2.9 billion to $5.5 billion in dividends to Albertans.

Read More [[link removed]] Nitrous Oxide emissions from Canada make up just 0.07% of global carbon emissions, but Ottawa’s plan to reduce them will cost more than $1.6 billion [[link removed]]

Costs and Benefits of Reducing Nitrous Oxide Emissions from Canadian Agriculture finds that the federal government’s plan to lower nitrous oxide emissions in the Canadian agricultural sector will impose costs in excess of $1.6 billion, but will provide no measurable benefit in lower GHG emissions.

Read More [[link removed]] Commentary and Blog Posts Federal government seems committed to killing investment in Canada [[link removed]] (Appeared in the Ottawa Sun) By: Kenneth P. Green

Canada has a business investment problem, and it’s serious. Total business investment (inflation-adjusted, excluding residential construction) declined by 7.3 per cent between 2014 and 2022.

Bold policy reform can fix Canada’s economic problems [[link removed]] (Appeared in the Hub) By: Jake Fuss

The Trudeau government was first elected in 2015 based in part on a new approach to government policy, which promised greater prosperity for Canadians based on short-term deficit spending, lower taxes for most Canadians, and a more active approach to economic development.

Poll shows B.C. parents want balance—not bias—in K-12 classrooms [[link removed]] (Appeared in Drishti Magazine) By: Paige MacPherson

Parents of kids in K-12 schools in British Columbia want balance—not bias—in their kids’ classrooms, and want to be informed in advance about what their children learn about controversial topics, according to a new public opinion poll.

Alberta awash in corporate welfare [[link removed]] (Appeared in the Calgary Sun) By: Matthew Lau

To understand Ottawa’s negative impact on Alberta’s economy and living standards, juxtapose two recent pieces of data.

Nova Scotia patients endure crippling wait times [[link removed]] (Appeared in the Halifax Chronicle Herald) By: Mackenzie Moir

In a recent interview, provincial Health Minister Michelle Thompson said the Houston government is improving access to primary health care in Nova Scotia, but according to the data, the province now trails the rest of the country on non-emergency surgery wait times.

HST cut won’t solve New Brunswick’s tax competitiveness problem [[link removed]] (Appeared in the New Brunswick Telegraph-Journal) By: Alex Whalen

Last week, in advance of the fall election, Premier Blaine Higgs unveiled a key campaign-style promise—to cut New Brunswick’s Harmonized Sales Tax (HST) by two percentage points (from 15 per cent to 13 per cent) over the next two years.

New federal legislation should remind Canadians of Orwell’s 1984 [[link removed]] By: Jake Fuss and Alex Whalen

In the novel, Orwell explains the dangers of totalitarianism by exploring what happens when government exercises extreme levels of control over citizens including censoring and controlling language.

Estonia’s solution to Canada’s stagnating economic growth [[link removed]] By: Callum MacLeod and Jake Fuss

A new study found that the current decline in living standards is one of the worst in Canada’s recent history. While the economy has grown, it hasn’t kept pace with Canada’s surging population, which means gross domestic product (GDP) per person is on a downward trajectory.

Federal government’s GHG reduction plan will impose massive costs on Canadians [[link removed]] (Appeared in the Financial Post) By: Ross McKitrick

Many Canadians are unhappy about the carbon tax. Proponents argue it’s the cheapest way to reduce greenhouse gas (GHG) emissions, which is true, but the problem for the government is that even as the tax hits the upper limit of what people are willing to pay, emissions haven’t fallen nearly enough to meet the federal target of at least 40 per cent below 2005 levels by 2030.

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