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FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts
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Latest Research
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Medical wait times cost Canadian patients more than $2 billion in lost wages before COVID-19
The Private Cost of Public Queues for Medically Necessary Care, 2020 is a new study that finds long waits for surgery and medical treatment cost Canadians almost $2.1 billion in lost wages and productivity last year-costs that could increase now that many provinces have postponed elective (or scheduled) surgeries as a result of COVID-19. Crucially, more than one million Canadian (1,064,286) patients waited for medically necessary treatment last year, and each lost an estimated $1,963 (on average) due to lost wages and reduced productivity during working hours.
Read More [[link removed]]
Commentary and Blog Posts
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Mounting government debt threatens Alberta’s fiscal status among provinces [[link removed]]
(Appeared in the Edmonton Journal) by Ben Eisen and Steve Lafleur
The province's net government debt will climb to approximately $55 billion this year.
Canada’s air quality among best in the world [[link removed]]
by Elmira Aliakbari, Ashley Stedman, and Jairo Yunis
Other organizations have misrepresented Canada’s air quality by using flawed measurement methods.
Estimating the recessionary impact on B.C. finances—Part 1 [[link removed]]
by Jake Fuss and Milagros Palacios
CIBC predicts the province's unemployment rate will rise to 9.7 per cent.
The disproportionate pain of economic “shutdowns” by government [[link removed]]
by Tegan Hill and Niels Veldhuis
More than three million Canadians have lost their jobs.
Oil isn’t dead – just look at the data [[link removed]]
by Elmira Aliakbari, Ashley Stedman, and Jairo Yunis
Global oil demand is expected to be around 90.8 million barrels a day in 2020.
U.S. COVID experience highlights risks of centralized management of health care [[link removed]]
by Steven Globerman
The mortality rate per 1 million U.S. residents was 196 compared to 30.5 worldwide.
Ford government must prepare for post-COVID spending cuts [[link removed]]
(Appeared in the Ottawa Sun) by Ben Eisen
Ontario’s budget deficit may eclipse $21 billion this year.
Tax discrepancies hurt renters in major Canadian cities [[link removed]]
(Appeared in the Toronto Sun) by Josef Filipowicz
Rental developers must factor property tax rates into their feasibility projections.
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