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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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Just 5 spending categories out of 34 account for more than 60% of total increase in federal spending since 2015
Explaining the Growth in Federal Program Spending since 2015 finds that of the 34 federal government departments, programs and agencies, just five—covering Indigenous affairs, child benefits, seniors’ benefits, the Canada Health Transfer and defence—account for nearly two-thirds of the total increase in spending over the past five years.
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International group of think tanks denounces China’s encroachment on Hong Kong in open letter
An international group of think tanks from 35 nations and territories from around the world has penned an open letter condemning the actions of the Communist Party of China and supporting the people of Hong Kong. On Tuesday, China’s National People’s Congress passed its controversial national security law, which violates Hong Kong’s Basic Law and encroaches on the city’s freedoms and liberties. The letter, which details Hong Kong’s success since the Second World War in becoming one of the most prosperous, entrepreneurial, and freest places on earth, is signed by 37 member organizations of the Economic Freedom of the World Network, which is led by Canada’s Fraser Institute.
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20th century economist Joseph Schumpeter’s ideas can help Canada recover from recession
The Essential Joseph Schumpeter is a new book, website and animated video series that provide an overview of the key ideas of one of the most accomplished economists of the 20th century. Joseph Schumpeter is best known for popularizing the phrase “creative destruction”—the process where new innovations arise and cause the old way of doing things to disappear. Throughout his career in the private sector, government and academia, Schumpeter’s work fundamentally influenced the way economists view entrepreneurship, innovation and economic progress.
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Twice as many Alberta elementary schools saw improvement, compared to those that declined in latest rankings
The Report Card on Alberta’s Elementary Schools, 2020 ranks 863 public, separate, francophone, independent and charter schools based on seven academic indicators derived from provincewide test results. The report card provides parents with information they can’t easily get anywhere else: In addition to five years of academic results, the report card shows which schools are improving or falling behind.
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17 Alberta high schools saw improvement in latest rankings; 16 declined
The Report Card on Alberta’s Secondary Schools, 2020 rates 253 public, independent, separate and charter schools based on eight academic indicators generated from Grade 12 provincewide testing, grade-to-grade transition and graduation rates. The report card provides parents with information they can’t easily get anywhere else: In addition to five years of academic results, the report card also shows which schools are improving or falling behind.
Read More [[link removed]]
Commentary and Blog Posts
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Trudeau government should provide fiscal projections to Canadians [[link removed]]
(Appeared in the Toronto Sun) by Jason Clemens and Jake Fuss
The CERB is now estimated to cost $61.1 billion compared to the original estimate of $40.6 billion.
Huge backlog of surgeries underscores need for sweeping health-care reform in B.C. [[link removed]]
(Appeared in the Globe and Mail) by Mackenzie Moir, Alex Whalen, and Bacchus Barua
In 2019, more than 166,000 patients in the province were waiting for treatment after seeing a specialist.
Overly generous EI system could cause problems long after CERB winds down [[link removed]]
(Appeared in the Toronto Sun) by Fred McMahon
EI benefits are based on unemployment in each of Canada’s 62 EI regions.
Ottawa wants companies to commit to net-zero emissions—without any details [[link removed]]
(Appeared in National Newswatch) by Ashley Stedman and Elmira Aliakbari
The Trudeau government’s LEEFF program has yet to approve any applications.
Think-tanks provide competing views on stimulus and infrastructure spending [[link removed]]
by Niels Veldhuis, Jake Fuss, and Jason Clemens
C.D. Howe op-ed cites no empirical evidence or research to substantiate its opinions.
‘Creative destruction’ can help Canada recover from COVID recession [[link removed]]
(Appeared in the Financial Post) by Russell S. Sobel and Jason Clemens
Barriers to entrepreneurship and innovation are significant in Canada.
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