From Fraser Institute <[email protected]>
Subject Media coverage of federal spending, Corporate investment, and Industrial policy
Date September 28, 2024 5:00 PM
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Having trouble viewing? Try the web version [link removed] of this email. Latest Research [[link removed]] 96% of television news coverage of Ottawa’s child care, dental care and pharma care programs failed to report on costs [[link removed]]

Media Coverage of Federal Spending Announcements on Child Care, Pharma Care, and Dental Care a content analysis of CTV and CBC television news coverage from 2021 to 2024, finds that of all the coverage that focused on the three new government programs, just 4.1 per cent of CTV coverage, and just 3.7 per cent of CBC television coverage reported the specific costs of the programs.

Read More [[link removed]] Business investment in key sectors linked with higher livings standards significantly weaker in Canada than in U.S. for decades [[link removed]]

The Weakness of Corporate Investment in Canada, 2001-2021: Identification and Assessment finds that business investment in high-tech and innovative asset categories—crucial to raising living standards—has been significantly weaker in Canada than in the U.S. for the past 20 years, and the gap has grown larger since 2014.

Read More [[link removed]] “New” industrial policies unlikely to succeed for same reasons that previous industrial policies failed—government lacks proper incentives and information to allocate resources efficiently [[link removed]]

Industrial Policy as Zombie Economics is a new study that finds the “new” industrial policy model of increased partnerships between government and private sector, which is being pursued across developed countries, is likely to fail just as previous industrial policies failed. In particular, capital markets—and not government—are best positioned and incentivized to determine how financial capital and other productive inputs should be allocated in order to promote real economic growth and higher standards of living.

Read More [[link removed]] Commentary and Blog Posts Time to finally privatize Canada Post [[link removed]] (Appeared in the Globe and Mail) by Vincent Geloso

Normally, when a company faces losses and declining demand, it innovates and reduces costs.

Federal government’s environmental policies will do more harm than good [[link removed]] (Appeared in the Toronto Sun) by Matthew Lau

Electric vehicles often emit more particulate pollution than conventional vehicles.

Albertans can’t afford supersized spending promise without spending reductions [[link removed]] (Appeared in the Calgary Sun) by Tegan Hill

The government plans to quadruple spending on school construction from $2.1 billion to $8.6 billion.

Electric vehicle sales mandates doomed to fail [[link removed]] (Appeared in the Calgary Herald) by Julio Mejía and Elmira Aliakbari

Only 8.1 per cent of the 1.7 million new vehicles sold in Canada in 2023 were electric.

If you spent and borrowed like Ottawa you’d be in big trouble [[link removed]] (Appeared in National Newswatch) by Jake Fuss and Grady Munro

Federal gross debt will reach a projected $2.1 trillion this year, nearly double the $1.1 trillion held in 2015/16.

Teacher union wrong to oppose partnership between Saskatchewan schools [[link removed]] (Appeared in the Saskatoon Star Pheonix) by Michael Zwaagstra

If teacher unions wish to stay relevant, they should drop their mantra that government schools are underfunded.

Manitoba woman’s plight typical of Canada’s broken health-care system [[link removed]] by Mackenzie Moir

Higher-performing universal health-care systems fund their hospitals based on services they provide.

Alberta government should reform hospital funding to help shorten wait times [[link removed]] (Appeared in the Edmonton Sun) by Mackenzie Moir and Alicia Kardos

Patients in the province faced a median wait time of 33.5 weeks for treatment.

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