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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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Young Canadians living in high-income households eligible for nearly $12 billion in CERB payments
Distribution of CERB: Estimating the Number of Young People Eligible and Living with Parents finds that young people living at home with their parents in households with at least $100,000 of income are eligible for as much as $11.8 billion in Canadian Emergency Relief Benefit (CERB) payments. Crucially, many of these young, dependent Canadians could actually see a significant increase in their monthly income by receiving CERB payments.
Read More [[link removed]]

Repealing Ontario’s “temporary” income tax hike would boost economic activity with minimal costs
The Revenue Effects of Rescinding Ontario’s Tax Rate Hike on High-income Earners finds that lowering the province’s top personal income tax rate from the current 20.53 per cent back to 17.41 per cent—where it was prior to a so-called “temporary” rate hike in 2012—would only cost the government $26 million in the first year in foregone tax revenues, thanks to increased economic activity. And lowering the province’s top personal income tax rate would significantly increase Ontario’s attractiveness for investment, entrepreneurs and high-skilled workers.
Read More [[link removed]]


Commentary and Blog Posts
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Productivity growth key to four-day work week in Canada [[link removed]]
(Appeared in the Toronto Sun) by Steven Globerman
Labour productivity is basically the value of output produced per unit of labour input.

Kenney corporate tax cuts aren’t just a ‘handout to the rich’ [[link removed]]
(Appeared in National Newswatch) by Ben Eisen
Alberta's corporate income tax rate will drop from 10 per cent to 8 per cent.

Another credit downgrade highlights urgent need for spending reform in Alberta [[link removed]]
by Steve Lafleur and Ben Eisen
The cost of servicing the province’s debt has increased to more than $2 billion.

Fostering economic growth through ‘creative destruction’ [[link removed]]
by Russell S. Sobel
The profit and loss system provides quick feedback on the quality of innovation.

P.E.I.’s massive budget deficit could grow much larger [[link removed]]
(Appeared in the Charlottetown Guardian) by Alex Whalen and Jake Fuss
Prince Edward Islanders will pay approximately $809 per person in provincial debt interest costs this year.

Trudeau government energy policies making jobs and investment disappear [[link removed]]
(Appeared in the Calgary Sun) by Ashley Stedman and Elmira Aliakbari
Investment in the energy sector could shrink by an additional 40 per cent this year.


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