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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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Average Canadian family spent 42.6% of annual income on taxes—more than housing, food and clothing combined
Canadian Consumer Tax Index, 2020 finds that last year the average Canadian family spent 42.6 per cent of its income on taxes, more than housing, food and clothing costs combined, which made up just 36.2 per cent. The annual study tracks the total tax bill of the average Canadian household from 1961 to 2019, and looks at both visible and hidden taxes that families pay to the federal, provincial and local governments, including income, payroll, sales, property, health, fuel and alcohol taxes, and more.
Read More [[link removed]]
Fraser Institute ranks 252 B.C. secondary schools in annual Report Card
The Fraser Institute today released its Report Card on British Columbia’s Secondary Schools, 2020, which ranks 252 public and independent secondary schools based on six academic indicators using student results from annual provincewide exams, grade-to-grade transition rates and graduation rates.
Read More [[link removed]]
Commentary and Blog Posts
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Poor CERB targeting wastes billions [[link removed]]
(Appeared in the Financial Post) by Jason Clemens, Milagros Palacios, and Nathaniel Li
Like CERB, the CESB makes many students better off than they were in 2019.
Average Canadian family spends nearly $39,000 per year on taxes [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss and Milagros Palacios
Since 1961, the average Canadian family’s total tax bill increased nominally by 2,226 per cent.
Trudeau floats false rhetoric on ‘new’ taxes [[link removed]]
(Appeared in National Newswatch) by Tegan Hill and Jake Fuss
Debt interest will cost Ottawa an estimated $19.5 billion this year.
Ford’s tax pledge will help Ontario’s economy recovery [[link removed]]
by Ben Eisen
Ontario’s budget deficit will likely be the largest in provincial history.
COVID crisis presents opportunity for trade reform in Atlantic Canada [[link removed]]
(Appeared in the Bluenose Bulletin) by Alex Whalen and Ben Eisen
Lower trade barriers allow businesses to shift more easily toward areas where goods and services can be produced more cheaply.
Canadians should know how much we pay for health care [[link removed]]
(Appeared in the Calgary Sun) by Bacchus Barua and Milagros Palacios
The average Canadian can expect to pay $4,894.
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