“Young people living with their parents could receive $11.8 billion from CERB”, read the Financial Post headline last Thursday.

Our study sent shockwaves through the entire country, John. People were stunned to learn that almost a million young Canadians living at home with their parents in high-income households were eligible for this “emergency” money.

Upon its release early Thursday morning, “CERB” started trending nationally on Twitter as users reacted to our study.

Op-eds appeared in the National Post, Vancouver Sun, The Province, Windsor Star, Saskatoon StarPhoenix and dozens of other newspapers across Canada.

In-depth interviews took place on Newstalk 770 CHQR in Calgary, CNKW in Vancouver, Newstalk 1010 in Toronto, and 1310 News in Ottawa.

And hundreds of thousands of people read and shared the study on social media.

Here at the Fraser Institute, we have a motto: “If it matters, measure it.”

And the unprecedented federal spending and borrowing to fund this program matters. Just one week before this study was released, the federal government forecast a deficit of $343.2 billion, which will push Canada’s federal debt past the $1 trillion mark for the first time in history.

This means that Canadians will be facing higher taxes as a result of this spending.

John, I’m sure it won’t surprise you to learn that the Fraser Institute doesn’t take government grants. In order to continue doing groundbreaking studies like this one, we rely entirely on our supporters.

Like most organizations, this pandemic has had an enormous impact on our operations. If you value the work that we do, and if you are able to, please consider making a donation today. Your gift will help ensure that the Institute is on solid footing as we emerge from the COVID recession. (It will also entitle you to a generous tax credit at tax time!)

Thank you for your support.

Stay safe,

Niels
President